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Which company will preform better over the next 12 months? The post JP Morgan upgrades both Coles and Woolworths shares. But ...
Coles has a strong balance sheet with net debt of AUD 1.7 billion as of January 2025. This was negatively affected by the timing of a payment run to suppliers of AUD 0.5 billion, and we expected ...
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Retail Asia on MSNJD Super signs $69.7m deal with Australian beef suppliersThe move aims to cut out intermediaries and reduce prices. JD Super, the supermarket arm of JD.com, has signed a $69.7m ...
Coles reported third quarter group sales of A$10.38 billion ($6.64 billion), 3.4% higher than last year, reflecting strong growth at its supermarket business on higher volumes.
The lines between niche and mainstream are blurring in the beauty world. Independent brands are no longer content with ...
Australia’s two largest supermarket chains sued over fake-discount claims. The country’s regulator found that Woolworths and Coles hiked the price of Oreos, Kleenex and other staples before ...
It said Woolworths, the No. 1 grocer, had interests in 110 sites intended for future supermarket use, while No.2 player Coles had interests in 42 sites. It didn't specify what stage of development ...
On August 6, Coles opened a new highly automated distribution centre at Kemps Creek in Western Sydney. It will replace two existing warehouses owned by the major Australian supermarket chain ...
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