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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...

Harvey Normans Ofis set to ruffle feathers

Harvey Norman’s venture into the stationery market is sending waves through the Australian OP market. For the first time in more than 15 years Officeworks will have a fellow Australian rival in the domestic...

Harvey Norman’s Ofis set to ruffle feathers

Harvey Norman's venture into the stationery market is sending waves through the Australian OP market. For the first time in more than 15 years Officeworks will have a fellow Australian rival in the domestic...

Harvey Norman to launch Officeworks competitor

23 July 2007 — Sydney (AUS): Harvey Norman, the Australian retailer, is said to be mounting a challenge to Officeworks by opening a new office supplies chain. The proposed brand name has been registered...

Wesfarmers to buy Coles

3 July 2007 — Sydney (AUS): Wesfarmers has agreed to buy Officeworks' parent Coles Group for AUD$20.7 billion ($17.6 billion). The deal, worth AUD$17.25 dollars per share to Coles shareholders, will make Wesfarmers the...

Officeworks going once, going twice…

 Australia's office products community remains baffled and completely in the dark as to the future ownership and security of its leading national OP superstore chain, Officeworks. Following the announcement in February that Coles Myer...

Wesfarmers fails to buy more Coles shares – report

 2 May 2007 — Sydney (AUS): Wesfarmers has been unsuccessful in an attempt to purchase more Coles shares and up its current 12.8 percent stake in the company, reports the Australian press. It is...

Coles interest drying up?

30 May 2007 — Sydney (AUS): Kohlberg Kravis Roberts KKR and CVC Asia Pacific, two of the private equity groups that were bidding for Coles Myer, have pulled out of the contest after two...

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