Wesfarmers throws Woolworths a lifeline?

Wesfarmers’ retail brands were the star players at the company’s AGM last week, as Woolworths executives brace for shareholder backlash at their own AGM next week. Wesfarmers chairman, Bob Every, may have thrown a lifeline to his Woolworths counterpart at a shareholders annual meeting last week. At his last annual meeting as chairman, Every noted that there had been many naysayers when Wesfarmers acquired the Coles Group in 2007. Every also noted that with the exception of the Bunnings hardw

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