Wesfarmers 1H Profit Slumps to 15-Year Low

The video features an interview with Rob Scott discussing the challenges and strategies of Wesfarmers, particularly focusing on the UK operations of Bunnings and Homebase. The discussion highlights financial losses, management changes, and strategic reviews. It also covers Coles' competitive pricing strategy in Australia and the impact of Amazon's entry into the market. The importance of digital innovation and strategic property locations in maintaining a competitive edge is emphasized.

What is the preferred outcome for the Bunnings business in the UK according to Rob Scott?

What strategies is the company employing to address competition from Amazon?

What role does technology play in the company's strategy moving forward?