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• Coles Myer, Australia’s second-largest retailer, announced last Friday that it has fired Peter Scott, managing director of merchandise and supermarkets.

No specific explanation was given, though the company did say in a three-paragraph statement that Scott had breached the company’s code of contact.

The company’s marketing chief, Mick McMahon, reportedly will take Scott’s place on an interim basis until a permanent replacement is hired.
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