Coles Myer's supply chain will be a key focus for management over the next two to three years.

The site, in the heart of Melbourne's central business district, is one of the most lucrative retail properties in Australia.

My focus will be to put the ball in play, not strike out and move runners. I've always prided myself on being a good production guy. On defense I'll get after it. I'll throw some exciting plays in there.

Management is concerned about return on invested capital and return on shareholder equity and that's the focus. Everything else takes a backseat to that.

Focus on costs and asset management clearly remains the best course, given the fragile market conditions,

We believe we have the management, products and financial focus to foster long-term benefits for our shareholders and customers worldwide.