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SYDNEY— Coles COL 0.25% Chief Executive Leah Weckert rejected allegations of price gouging in Australian supermarkets, reiterating that the company is likely to defend itself as public scrutiny ...
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Why this photo snapped behind a Coles supermarket has Aussies fumingThousands of dollars' worth of groceries were left for collection behind the supermarket in Drouin, a 1.5-hour drive east of Melbourne in regional Victoria.
Coles saw a 2% decline in statutory net profit after tax to AUD 576 million in the first half fiscal 2025. Operating and supply chain ramp-up costs increased, but were offset by better theft ...
Aldi is heating up its fight against Coles and Woolworths by announcing it will offer online grocery delivery through a partnership with DoorDash. The German supermarket chain has launched the trial ...
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 ...
Coles has a strong balance sheet with net debt of AUD 1.2 billion as of December 2023. The balance sheet leverage ratio, defined as net debt divided by EBITDA (post-AASB 16), decreased to 2.6 as ...
SYDNEY—Australia’s competition watchdog is concerned that supermarket operator Coles ’s proposed acquisition of two milk-processing plants from Saputo could reduce the long-term viability of ...
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.
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