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Analysis: Wesfarmers to sell Officeworks

Wesfarmers is looking to cash in on Officeworks’ success and earn potentially in excess of A$1 billion (US$770 million), either via a sale or an IPO.Officeworks was acquired in 2007 as part of the...

Officeworks eyeing larger stores

Mark Ward, CEO of leading Australian office supplies reseller Officeworks, says the company’s stores may increase in size.While the global trend in the office supply superstore channel is for smaller (and fewer) stores, Ward...

Channel crossing

Big box sales and profit growth – not to mention retail expansion – isn’t something you see every day in today’s OP world. One notable exception is Australia’s leading multichannel player Officeworks. In its...

Mark Ward, CEO, Officeworks

Sales in the public sector – not traditionally a stronghold for Officeworks – were boosted by a place on the Queensland state office supplies contract.The latest half-yearly results released in February showed top-line growth...

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