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 ...

Coles will cull the range of similar products on its shelves by at least 10 per cent in a move the supermarket giant says will be easier and provide more choice for shoppers.

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.

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 ...

Australia's No. 2 supermarket operator Coles Group on Tuesday rejected accusations of price gouging as its first-half profit beat analyst forecasts, saying food inflation was a global problem and ...

Coles, Australia's second-largest supermarket chain, reported net profit after tax from continuing operations of A$576 million for the six months ended December 31, largely in line with the ...

Wesfarmers provided Coles with a strong balance sheet at the demerger. Pro forma net debt was AUD 1.6 billion as of June 2018. We treat AUD 0.3 billion of cash as in transit or what Coles uses in ...

Coles recalls two peanut butter products sold in the past two months over toxin contamination Peanut butter products sold at a major supermarket face a national recall after they were contaminated ...