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Wesfarmers lifts 1Q sales

Wesfarmers has overcome tough times in the retail world and lifted its first quarter sales.

The owner of Coles, Target and Kmart achieved sales growth across each of its businesses between late June and late September.

Total sales at the Coles Express convenience store chain, including fuel, rose 1.9 percent to AUD1.9 billion (USD1.97b). The Target clothing and homewares chain lifted headline sales 2.2 percent to AUD853 million. However comparable store sales dropped 4.1 percent, largely as a result of bringing forward the timing of Target’s mid-year toy sale into June from July.