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Despite seeing growth in its supermarket division, leading grocery retailer, Coles, has experienced a significant fall in profits, largely due to what has been referred to as the “case of the century”, instigated by the Australian Competition and Consumer…
Tiffany Chen has recently been named General Manager for Coles 360, ushering in a fresh period for the retail media arm of Coles Group. Tiffany Chen’s Appointment The new appointment comes along with Coles 360’s transition into its next developmental phase.…
In the world of grocery delivery services, competition is heating up as two major players, DoorDash and Uber Eats, expand their alliances with top Australian supermarkets. Woolworths, the country’s largest supermarket, has recently joined DoorDash’s delivery…
Optus Mobile, a renowned telecommunications firm, has been hit with another hefty fine of $826,320 for breaching anti-scam regulations. This recent violation pertains to its business operations under the Coles Mobile brand. Investigation and Breaches The…
Coles, the prominent Australian supermarket chain, reported an increase in sales for the first quarter, primarily fueled by the robust performance of its supermarket division. Sales Increase in the First Quarter Coles experienced a 3.9% rise in sales for the…
Coles has announced a 3.6% increase in group sales, reaching $44.3 billion, with an EBITDA rise of 11% to $3.9 billion for the current fiscal year. The group’s net profit after tax also increased, up by 2.4%, yielding a total of $1.07 billion. Driving Growth…
Hunt and Brew, an Australian food and beverage company, has introduced its high-protein milk product, Extra Protein Milk 1L, to the national market. This newly launched product is now available at all Coles supermarkets throughout Australia. Product and…
The Melbourne-based Mexican fast-food chain, Hecho En Mexico, has made moves to broaden its horizons into the retail market by introducing two of its most popular dishes in ready-to-heat packs. The launch, resulting from a collaboration with cooked-protein…
Tahini Neri, a leading dip brand from Australia, has broadened its product portfolio by introducing Moroccan Matbucha, a product inspired by Mediterranean cuisine. Introduction of Moroccan Matbucha Matbucha, as described by Tahini Neri, is a rich, slow-cooked…
Coles says its third-quarter revenue was up 3.7 per cent, from $9.065 billion to $9.4 billion this year, citing volume growth and its value offering resonating with value-conscious consumers. E-commerce sales increased by 25.7 per cent to $1.1 billion during…
TBH Skincare has partnered with Coles Supermarkets and will be stocked in 857 stores across Australia. The move follows the brand’s recent merger with fellow beauty company Boost Lab under the new umbrella, York Street Brands. Earning more than $6 million in…
Coles saw higher sales in the first quarter of FY24, attributed to more customers preferring to eat and have entertainment at home to cut back on discretionary spending. Group sales rose 3.6 percent yearly to $10.25 billion, attributed to growth in both the…
Coles has rolled out a range of frozen food products inspired by two of the most-watched Netflix shows: Stranger Things and Squid Game. The Netflix range includes Stranger Things-themed frozen pizzas, beef brisket BBQ patties, spicy wing nibbles and ice…
With inflation and cost-of-living pressures rising, Coles says its Dropped & Locked value campaigns and own brand offerings boosted sales in FY23. For the 52 weeks to June 25, sales from continuing and discontinued operations reached $41.5 billion – up 5.3…
Sri Lanka’s tea brand Dilmah has launched its luxury artisanal tea collection across 650 Coles supermarkets nationally. Dubbed ‘85 Reserve’ – the luxury tea range is sold in tin caddies each consisting of 20 large tea bags. It comes with six flavours and…
Australia’s leading retailer Coles Supermarkets has entered the Malaysian market, bringing in 200 products through an exclusive collaboration with Malaysian supermarket Jaya Grocer. The deal allows Jaya Grocer to expand their Australian product offerings with…
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