No Christmas gift for Coles in sight

Wesfarmers increased first quarter sales at its Coles supermarket by 8 per cent, but it faces challenging trading conditions in the lead-up to Christmas.

Coles sales rose 8 per cent to $8.09 billion for the three months to September, up from $7.49 billion a year earlier, the diversified conglomerate said in a statement. That was more than analysts had expected.​ Sydney Morning Herald – Read more…