How bag ban hit Coles sales
IN the first public admission of the cost of the plastic bag ban changeover, the head of Wesfarmers concedes Coles took a sales hit.
Coles
Coles backflips on plastic bag ban
The nation’s second-biggest supermarket chain has backflipped on its plans to charge 15 cents each for its reusable plastic bags.
Questions about Coles bosses
How close is the incoming chair of spin-off Coles to Wesfarmers? Has the supermarket chain’s new CEO improved as a leader?
Australiana on a plate, mate
July 21 is National Lamington Day – and boutique grocer Coles has released a range of specially flavoured lamingtons to celebrate.
Coles targets plastic wrap
Coles will slash the amount of plastic used to wrap its fruit and vegetables as Woolies steps up its waste fight.
‘Right time’ to spin off Coles
Outgoing Coles boss John Durkan says it’s “the right time” for Wesfarmers to demerge the $20bn supermarket chain.
New Costco challenge to giants
Costco is to step up its private label push against its supermarket rivals, starting with its biggest local seller, toilet paper.
Woolies smiles with aisles full
Woolworths chief executive Brad Banducci believes rational pricing is creeping into the sector.
Woolies winning food sales race
Woolworths has lifted third-quarter food sales by 4pc, again outpacing supermarket rival Coles.
Kaufland set to open first store
German supermarket giant Kaufland has told suppliers to prepare for the opening of its first stores this year.
Eck of a ride for Coles Myer exile
When Dennis Eck was drummed out of Coles Myer in 2001 it was met with a mix of cheers and jeers.
Coles sales fuel float appetite
Wesfarmers’ Coles has posted its strongest same-store sales growth in nearly two years, as Bunnings UK felt a cold blast.
Coles employees get new pay deal
Coles has finally secured approval of a new pay deal for its 77,000 employees.
Coles pay deal finally approved
Coles has finally secured approval of a new pay deal for its employees after a protracted process.
Fix or axe: Scott’s urgent task
The Coles spin-off is piling pressure on Wesfarmers’ Rob Scott to deal with poor performers Target and Bunnings UK.
What Coles has cost Wesfarmers
Buying Coles in 2007 basically meant Wesfarmers couldn’t do anything else for a decade. No wonder it’s getting rid of it.
Spin-off to allow acquisitions
Wesfarmers chief Rob Scott will have greater flexibility to undertake merger and acquisitions following the Coles spin-off.
Stand still, you’re dead: Durkan
Ask John Durkan about his 10 years heading Coles and the British grocer talks as if he has returned from the trenches.
Mr Ruthless gets a second chance
Steven Cain is returning to the company that squeezed him out 14 years ago as its new chief executive.
New chapter in Coles saga
It was April 2, 2007 when Richard Goyder’s Wesfarmers signed a deal to buy a 5.9 per cent stake in Coles.
Stocks buck Asian falls
The local bourse has closed solidly higher as Wesfarmers jumped more than 6pc on its plans to demerge Coles.
Coles demerger a no-brainer
The spin-off of grocery giant Coles will leave Wesfarmers a much smaller group, but its returns will improve substantially.
‘Time for Coles to go it alone’
Wesfarmers is looking to set up its own future growth as its spins off grocery giant Coles to create a new, $20bn company.
The shake-up Wesfarmers needed
By announcing a Coles spin-off, Wesfarmers’ Rob Scott clearly thinks he’s got all the value uplift he can from the retailer.
‘Battler’ boosts big end of town
The face of the ACTU’s $2m-plus campaign against big business counts corporate giants and multinationals among her clients.
‘That ain’t going to happen’
Coles boss John Durkan has put an end to any hope of a halt to hostilities in the long-running supermarket price wars.
Stop supermarket wars: Ritchies
The boss of the nation’s largest chain of independent supermarkets is calling for an end to the price wars.
Coles hits pause on ‘Down Down’
Coles will take a break from its ‘Down Down’ TV campaign as it tries to broaden the conversation with shoppers.
Coles lures off-market interest
Global food service and hospitality company Delaware North is believed to have held talks with Coles on acquiring its pub assets.
Woolies shuffles top team
Woolworths’ supermarkets boss Claire Peters has restructured her core buying and replenishment teams.
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