| | Business Summary | | Coles
Myer
Ltd.
is
an
Australian
retailer
that
owns
and
operates
stores
in
most
sectors
of
the
Australian
retail
market,
and
in
the
general
merchandise
and
ladies'
apparel
sectors
of
the
New
Zealand
retail
market,
together
with
an
e-commerce
and
direct
mail
marketing
business
covering
food,
apparel,
gifts,
liquor
and
other
products.
The
Company
supplies
a
wide
range
of
food
and
non-food
items
in
supermarkets,
discount
stores,
department
stores,
clothing
stores,
liquor
stores,
fast
food
stores,
office
supplies
stores,
automotive
service
centers,
a
computer
store
and
by
Internet
or
mail
order.
Coles
Myer
predominantly
trades
under
the
names
of
Coles,
Bi-Lo,
Red
Rooster,
Liquorland,
Vintage
Cellars,
Kmart,
Kmart
Tyre
&
Auto,
Tyremaster,
Officeworks,
World
4
Kids,
Target,
Fosseys,
Target
Country,
Katies,
Myer,
Grace
Bros,
Myer
Direct
and
Harris
Technology.
In
New
Zealand,
the
Company
trades
as
Kmart
and
Katies.
As
of
July
25,
2000,
the
Company
operated
2,027
stores. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Coles
Myer
Ltd.
owns
and
operates
over
1990
stores
in
Australia
and
New
Zealand.
CM's
stores
include
Coles
Supermarkets,
Red
Rooster,
Bi-Lo,
Liquorland,
Target
and
Kmart.
For
the
26
weeks
ended
1/28/01,
revenues
decreased
less
than
1%
to
A$12.30
billion.
Net
income
applicable
to
Common
fell
35%
to
A$191.3
million.
Revenues
reflect
the
sector
wide
softness
in
apparel
market
and
a
poor
post
Christmas
sales.
Earnings
also
reflect
an
aggressive
stock
clearance
policy. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Stanley Wallis, 59 | Chairman | | John Fletcher, 50 | CEO | | John Schmoll | CFO | | Dennis Eck, 55 | Managing
Director, Director | | Gerry Masters | Managing
Director, Bi-Lo |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/c/cm.gif)