Charter nabs stake in Coles HQ
The property group has acquired 50 per cent of the site in Melbourne that currently houses the headquarters of Coles.
The property group has acquired 50 per cent of the site in Melbourne that currently houses the headquarters of Coles.
Dark days are far from over for Woolworths investors.
Coles employees found to have been disadvantaged by a controversial wages deal could have a legal case for backpay.
Coles is preparing to introduce a new, higher-priced milk label, with profits passed directly to farmers.
A huge shift in the economics of employing people is occurring and our largest employers are in the firing line.
Moody’s has warned David Jones’ food expansion may weaken Coles and Woolworths’ market share.
Enterprise agreements were no bargain for Coles workers, who have been underpaid somewhere between $70-100m a year.
The small-business lobby has called for an inquiry into pay deals between major retailers and the SDA.
The shop assistants union has been forced to drop its practice of trading off penalty rates for higher base rates of pay.
The Fair Work Commission dealt the system a death blow by quashing Coles’ agreement.
Woolworths supermarkets are operating at a lower profit margin to Coles for the first time in eight years.
Coles has borne witness to the unprecedented slide in shelf prices pressuring the $90 billion food and grocery sector.
The biggest year-on-year food prices decline since 2014 is pressuring the supermarket giant’s margins.
Profits from Coles and Bunnings have been swamped by $2bn in impairments linked to coal and the Target chain.
Banks have won support in their battle with Apple after Coles and other retailers backed the lenders.
As Coles prepares to report tomorrow, a legal challenge threatens to shake up operations at all the major supermarkets.
Woolworths and Coles report full-year results this week amid intense competition and price deflation.
The All Blacks have been forced to recall injured hooker Dane Coles for the Bledisloe Cup Test against the Wallabies.
Woolworths will recover, but it will take so long there are better investing opportunities elsewhere.
Retailing giant Coles has moved to further secure the long-term supply of fresh produce to its 770 supermarkets.
Steep losses to farmers are feared after a picket line disrupted Coles’ supply chain.
As pay arrangements at Coles come under the spotlight, more than the bottom line of the major retailers is at stake.
There are signs that Woolworths is finally gaining sales momentum as it shapes up to take the retail fight to Coles.
Coles has doubled its indigenous workforce in 12 months, and it’s largely down to Topaz McAuliffe.
The owner of a 425-strong network of Coles branded petrol stations has set its listing price.
Competition in the grocery sector may soon heat up as Woolworths mulls ‘irrational’ moves to claw back ground.
The fresh cut to MG farmgate prices means that Coles is now making more on a litre of milk than dairy farmers.
Roger Corbett labels Lowe’s claims of hardware experience a “disgrace”, after ending his Woolworths role.
The supermarket giant’s adviser and former CEO has opened up to The Australian after abruptly exiting the group.
Wesfarmers has warned of intensifying price deflation at its Coles supermarkets, led by weaker fresh food prices.
Original URL: https://www.theaustralian.com.au/topics/coles/page/32