Coles slows but beats Woolies again

 In Australia, Coles, NewZealand, Woolworths

Growth at Coles supermarkets has slowed in the third quarter, even as it continues to win customers away from arch-rival Woolworths.

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Coles owner Wesfarmers said this morning same-store food and liquor sales at Coles, which makes up about half of group revenue, rose 2.7 per cent in the March quarter from a year earlier. Sydney Morning Herald – Read more…

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