Woolies extends win streak against Coles
Woolworths CEO Brad Banducci has put his foot down and outperformed Coles in sales, and had a good year for pay too.
Woolworths CEO Brad Banducci has put his foot down and outperformed Coles in sales, and had a good year for pay too.
A hotel quarantine guard was sent home from a 12-hour night shift because he was exhausted from working at Coles in the day, the inquiry heard.
Beancounters have built an accounting trap for retailers, and even giants like Coles and Woolies are tying themselves in knots trying to get out of it.
Coles has increased its final payout on the back of surging sales, as underlying earnings rose 6pc.
Supermarket giant Coles has posted retail profit rise as shelf-stripping panic buying during the pandemic prompted a sales surge.
Coles is working on a refresh of its co-located supermarket bottle shops Liquorland – its first rebranding in decades.
Tasmanians are taking more holidays in the Apple Isle, helping to keep the local tourism industry afloat.
The dreaded coronavirus has hit four major supermarkets in the past 24 hours with staff members forced to self-isolate and contact tracing underway.
Coles’ decision to using stop printed catalogues delivered to letterboxes brings an angry response from the printing and distribution industry.
Victoria’s stage 4 restrictions have seen supermarket demand surge, but panic buying has remained in check, says Coles’ COO Matthew Swindells.
Woolworths has invested more than double the sum spent by Coles yet its stock price is underperforming that of its rival.
JB Hi-Fi, Myer, Kmart and Target are among the stores preparing to shut down across metropolitan Melbourne.
It’s 10am, and there is a run on meat at Coles in Camberwell and panic buying in the coffee aisle. Welcome to Melbourne’s Lockdown 3.0.
Both supermarket giants will shut their Melbourne stores early for at least the next six weeks as panic buying returns over the COVID curfew.
New research shows that Australians are turning to well-known retailers and US heavyweight Amazon as they increasingly look for goods online.
Coles introducing new limits on some products in Victoria and some NSW towns following a fresh COVID case in a key warehouse.
Panic buying meant Coles recorded its strongest ever growth in same-store sales during the third quarter.
The competition regulator will allow Woolworths, Coles, Aldi and Metcash to work together on sourcing, supply and food shipment.
The competition regulator will allow the nation’s biggest supermarkets to co-ordinate over the sourcing and supply of food.
The RBA and federal government have made an admirable start to the necessary coronavirus recovery packages.
Original URL: https://www.theaustralian.com.au/topics/coles/page/39