In for the Long Haul With Covid-19, Says Wesfarmers's Scott

The transcript covers West Farmers' challenges during COVID-19, including team safety and business changes. It evaluates the Australian government's response to the pandemic and the economic outlook. The discussion shifts to the growth of e-commerce and retail trends post-lockdown, highlighting the resilience of physical stores. The transformation of Target and Kmart is detailed, focusing on brand strategy and restructuring. Finally, the impact of bushfires and the company's environmental policies are addressed, emphasizing sustainability efforts.

What was one of the main challenges West Farmers Group faced during the COVID-19 pandemic?

• Increasing product prices

• Reducing working hours

• Keeping employees engaged and safe

• Expanding into new markets

How did the Australian government respond to the economic challenges posed by COVID-19?

• By increasing taxes

• By launching the Jobkeeper and Jobseeker programs

• By closing all businesses

• By reducing public spending

What is the current phase of COVID-19 according to the speaker?

• First phase

• Third phase

• Second phase

• Final phase

What trend did West Farmers Group observe in their online sales during the pandemic?

• A complete shift to offline sales

• No change in online sales

• A spike in online sales

• A decrease in online sales

How did West Farmers Group's physical stores perform as lockdowns eased?

• They saw a decrease in demand

• They remained closed

• They saw an increase in demand

• They were unaffected

What is the future plan for the Target brand according to the speaker?

• To focus more on online sales

• To convert Target stores into Kmart

• To expand Target stores internationally

• To close all Target stores

What environmental initiative is West Farmers Group focusing on?

• Reducing carbon emissions

• Eliminating all emissions

• Increasing carbon emissions

• Ignoring environmental concerns