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 ...

Coles operates the second-largest supermarket chain in Australia. The group gradually expanded its market share under Wesfarmers ownership, peaking in fiscal 2016.

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 move aims to cut out intermediaries and reduce prices. JD Super, the supermarket arm of JD.com, has signed a $69.7m ...

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 ...

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 ...