Blackboard x X CO Remaining Time: 3 hours, 15 minutes, 25 seconds. Question Completion Status: Following is a newspaper article excerpt Wesfarmers shares fall short of their Target I connected to LAPTOP-AROSIFS Disconnect After sharply lowering the Target's camings forecast. Wesfarmers shares suffered their biggest fat in almost two years The retal conglomerate said that Target's profts had been hit by a late start to winter, clearing excess stocks, shopliting, and restructuring costs The discount department store expects to report eamings before interest and tax for the 2013 Sinancial year of between $140 million and $160 mon more than 40 per cent below the 1244 mon reported in the previous year I don't think we are surprised that earnings are weak, but the downgrade in size in Target department store chain is probably more than most were expecting NAB analyst Michael Bush said Target has been struggling for several years, partly due to the broader consumer environment and some other Target-specific ses Wesfemers shares closed 2.87 per cent at $4293 The Target wonouncement also pushed other retail stacks lower The Reject Shop sipped by 3.3 per cent JB H-Fi dropped by 2.9 per cent and Woolworthe shrank by 5 per ce The profit downgrade cana as Australian Pharmaceutical Industries boss Stephen Roche said he could not see the retail sector improving for another three years Extract from The Age 15 May 2013. p. 3 Required: (a) Explain the reason for the change in the price of Wesfarmers shares (Marks) Explain what might have caused the price changes in the shares in the other retail organisations Save and Sone Click Save and Schmidt Colae All An to wall