Coles Group Ltd lower Friday, outperforms the Consumer Staples sector
Here is the latest company close update for Coles Group Ltd, COL.
Coles
Costco sales race to $5bn as bulk buys eat into supermarkets
From its first Australian store in 2009, US giant Costco has built a retail champion ringing up almost $5bn a year in sales from 15 warehouses and 1.5 million Australian members, at the expense of Woolworths and Coles.
Cancer-causing toxin sparks Coles recall
Peanut butter products sold at a major supermarket face a national recall after they were contaminated by a cancer-causing toxin.
IGA supermarkets owner Metcash ‘up for’ fight with Woolies, Coles
Independent chains like IGA and Foodland are closely watching Woolworths and Coles as they slash prices, with the boss of wholesaler Metcash declaring his chains are ‘up for’ war at the checkout.
Supermarkets, ACCC land on agreed facts for sham discounts case
The competition regulator, Coles and Woolworths have agreed on some ground rules heading into the blockbuster trial where the ACCC alleges the supermarket giants used fake or illusory discounts on 500 popular grocery items.
Coles plots health and beauty makeover after chemist onslaught
Coles has begun the long task of refreshing its health, beauty and home aisles as it looks to claw back an estimated $400m in sales lost to non-supermarket rivals.
It’s war: grocery arms race between Woolworths, Coles, Aldi heats up
Coles will slash prices on a basket of groceries and supercharge it with bigger FlyBuys rewards as the grocery basket war between it, Woolworths and Aldi pays off for shoppers.
Man dies in custody after Coles arrest
A major investigation is underway after a 24-year old Aboriginal man died in custody following a shoplifting incident at Coles.
The legend behind Littleproud’s supermarket split determination
Shareholders, management and directors of Woolworths and Coles need to understand why the first action of any future government involving the National Party will be to split up supermarkets.
Woolworths could fuel price war with chicken and Coke discounts
Woolworths boss Amanda Bardwell this month unveiled a $100m investment in lower shelf prices to bolster its competitive credentials, but this could drag Aldi and Coles into battle mode.
Champion Aussie boxer admits to stealing dog food from Coles
Sam Goodman had just closed on a new house when his million-dollar payday went up in smokes. It left him scrambling to make ends meet.
Tech minnow scores big amid popularity of tracking family members
A little-known tech company is becoming one of the ASX’s hottest tech stocks, generating record revenue from its location-sharing app that’s loved by families.
Coles and Woolies slash weekly staples
Two days after Woolworths launched a major cost-cutting campaign, Coles is shining a spotlight on its own seasonal savings, insisting the discounts are already in place.
Market trims ‘reset’ gains after China-US trade ceasefire
Rollback of tariffs sees local investors pile back into previously under-pressure stocks like Breville and Zip. Likely pullback in rate cuts looms as defensive stocks like Coles and Woolworths decline.
Why you spend more at Woolies and Coles
As the cost-of-living crisis rages across the country, experts have weighed in on why shopping at the supermarket giants may cost more than Aldi.
New Woolies CEO drops prices, takes fight to Coles
Amid a cost-of-living crisis and political attacks on supermarket profit gouging, Woolworths says it will slash prices on almost 400 common grocery products.
High-profile family swoops on Kmart, Coles
A developer, owned by a prominent Aussie family, is planning an expansion of a popular shopping complex taking over from giants Coles and Kmart.
Judo shares smashed as investors chase CBA
Could CBA’s surge be linked to another short trade? Shares in Platinum and L1 Capital rise on talks for an $18bn merger. Mining and energy declines weigh.
Meat free nights at home on the rise due to cost crunch: Coles
The retail giant has delivered another solid quarter of sales growth but warns budget-conscious consumers are going meat free a couple of times a week and going back to tap water.
Surprising items Aussies giving up
Supermarket giant Coles reveals the items Australians are cutting back on due to cost-of-living pressures.
ASX hits two-month high as investors eye May rate cut
Local stocks rise for a fifth day in a row amid expectations the Reserve Bank will deliver another 25 basis points rate cut in May, as inflation hit its target range for the first time since 2021. Technology and property stocks lead gains.
Update after Coles truck crash chaos
Onlookers were left stunned when a man allegedly rolled a stolen Coles truck on a residential street in Sydney’s eastern suburbs.
Coles edges Woolies in popularity stakes
UBS data comparing consumer preferences shows Coles ahead of Woolworths as the go-to supermarket for Australians, particularly when it comes to fresh food and product discounting.
What’s open on Anzac Day?
The long weekend means some stores will be closed in various states – here’s your guide so you don’t get caught short.
Making supermarkets ‘whipping boys’ a distraction from key issue
The local boss of Cadbury says he has never witnessed supermarket price gouging in his 20 years in the business, and beating up the big retailers is ‘unhealthy’ for the industry.
Smelly beers recalled over contamination
Two popular beer products have been recalled over contamination fears ahead of the Easter long weekend, with authorities noting they carry an “unpleasant odour”.
Coles planning for a fresh squeeze on Woolworths
Coles is looking to ramp up the pressure on its main rival after recent wins, now restructuring fresh food promotions which could trigger a new fruit and veg price war.
Arnott’s Shapes reveals new flavour
The new flavour will be available from late April in Coles supermarkets nationwide.
Pain at the supermarket: how to save money
Shopping hurts hip pockets more than ever but supermarkets are not price gouging. Here’s what you can do.
Supermarkets hit back at Albo on prices
Supermarket giants Coles and Woolworths have slammed election pledges from Labor and the Coalition to tackle price gouging.
Original URL: https://www.theaustralian.com.au/topics/coles