Real estate bankers get busy on $718m HPI takeover
After a lull in mergers and acquisitions activity in the real estate space, Charter Hall and its super fund backers have decided now’s the time to strike.
Coles
Aussie bottle shop chains to quietly disappear
There is set to be a major overhaul to Australian liquor stores, with some quietly disappearing.
Coles ‘back to basics’ in liquor stores rebrand pilot trial
The retailer’s portfolio of liquor chains have underperformed for years against its bigger rival Dan Murphy’s and will now trial a new ‘Liquorland’ banner in South Australia to refresh the brand and seize momentum.
ASX 200 ends little changed as retailers, miners fall; CBA hits record
Consumer stocks down as big names Coles, Woolworths and Wesfarmers trade ex-dividend. More pain for iron ore prices weighs on mining heavyweights. Public demand tipped to drive second quarter GDP growth.
Aussies ‘fed up’ with Coles, Woolies profits
Shareholders in Coles and Woolworths are licking their lips, but the public is still stretching every dollar further at the checkout.
Woolies faces challenge as Banducci exits
Woolworths is trailing arch rival Coles in terms of sales growth but outgoing CEO Brad Banducci believes new boss Amanda Bardwell can make Woolies great again.
Wild bid to tax big Aussie companies more
Greens Leader Adam Bandt is announcing a new Robin Hood tax policy to force Australia’s biggest companies pay more tax on their profits.
Ailing Lovisa, Zip drags stock market down
The Australian share market finished down on Tuesday, following sagging results from jeweller Lovisa and sluggish performance from Zip and Johns Lyng.
Frugal shoppers are here to stay: Coles
Consumers looking to save money are helping boost sales for Coles, with that hunt for value on food and groceries here to stay for some time, according to Coles boss Leah Weckert.
Coles’ surprising take from every $1 spent
The boss of one of Australia’s two supermarket giants has been grilled on the behemoth’s profit margins.
ASX lowers; Woodside gains; Lovisa leads falls
BHP cuts dividend after profit fall. Coles earnings beat estimates. Woodside to walk ‘growth funding tightrope’. Guzman Y Gomez gains after profit beat. Johns Lyng dives on revenue miss. Lovisa trading update disappoints. CBA chief economist steps down.
Coles suppliers win new payment terms
In the wake of the bruising senate inquiry into the supermarkets and focus on their treatment of suppliers, Coles has inked a new payments deal with its food and grocery suppliers that should help with their cashflows and budgeting.
Region cautious on outlook after profit turnaround
The shopping centre owner says its Woolworths and Coles sites are performing well and smaller tenants are also renting space as it taps more growth via a new fund.
Popular snack sold at Coles, Woolies recalled
A popular snack sold across the country has been recalled after an undeclared allergen was discovered.
Inside Coles’ mighty $1bn bet on supermarket competition
The Australian got a look at Coles’s ultra-high-tech new warehouse that has just given it the edge over rival Woolworths.
Supermarket drops price of household staple
Cheese toasties are about to be a lot cheaper after a supermarket giant slashed the price of a popular fridge item.
Banks, supermarket services restored after cyber crisis
Commonwealth Bank and Coles are business as usual the morning after a global internet outage crippled the world’s airports, telcos and shopping centres.
Major update after REDcycle collapse
The ACCC gives Coles, Woolworths and Aldi the okay to push on with their soft plastics recycling program after the collapse of REDcycle.
Coles leader warns on food inflation, divestiture powers
The supermarket giant’s commercial boss has warned threatened divestiture powers could result in food and grocery prices rising even higher.
Government support key to driving agriculture growth
The Australian’s Global Food Forum has heard that food and agriculture industry in Australia has plenty of growth potential if supported by government and a holistic approach is taken.
Woman blasts Coles after confrontation
A shopper accused of stealing at the self-service checkout has blasted Coles in video that’s gone viral on social media.
Major brawl in Alice Springs after curfew introduced
Police have made multiple arrests following a violent brawl in central Alice Springs on Wednesday afternoon, as officials consider extending the latest curfew.
Liberals’ retail atom bomb threatens ‘power triangle’
Liberals’ supermarkets move hits out at the nation’s growing power triangle made up of big corporates, their large shareholders and the ALP and unions.
Threat of a big stick just might get the job done
The preferred outcome will be for the big companies to see the new provision as a threat and mend their anti-competitive ways well before any court action is needed.
ASX flat as Guzman rockets
Fast food chain Guzman y Gomez hits high of $30.60 on listing. City Chic flags loss as sales dive. VanEck Bitcoin ETF debuts. Treasury Wine down on guidance miss. Cyan lifts MMA Offshore bid.
Hundreds of jobs at risk as food supplier calls in administrators
A national supplier of salads and fresh produce to Coles and Woolworths, has been placed in voluntary administration, with a sale or restructure of the business on the cards.
‘Disgusting’: Coles slammed over milk call
The co-founders of popular local dairy producer Gippsland Jersey have spoken out about Coles’ decision to dump their product, saying they are ‘bitterly disappointed’.
Outrage over tiny detail on packet
Coles customers have been left fuming after spotting the change on the popular snack.
Outrage over tiny detail on packet
Coles customers have been left fuming after spotting the change on the popular snack.
Customers hit with buying limits on eggs
One major supermarket has implemented a temporary buying limit on eggs after cases were detected across five poultry farms in Victoria.
Original URL: https://www.theaustralian.com.au/topics/coles/page/7