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Coles

Home » Coles
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By purveyancenews
In Australia, Coles, Costco, Metcash/IGA, Woolworths
Posted June 26, 2019

Competition and Profit Margins in the Retail Trade Sector

Net profit margins have declined for both food and non-food retailers over recent years. This has been driven by a decline in gross margins suggesting a reduction in firms’ pricing power. [...]

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By purveyancenews
In Australia, Coles
Posted June 18, 2019

Coles set for more self-serve checkouts, less office staff as part of $1b cost-cutting plan

The Coles supermarket group says it will cut $1 billion in costs from its business over the next four years by using technology and automation to do manual tasks while cutting staff in office [...]

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By purveyancenews
In Australia, Bunnings, Coles, KMart, Target
Posted June 12, 2019

Wesfarmers buys Catch to help bring Kmart, Target into digital age

Wesfarmers has bought the online retailer Catch Group for $230 million, and hopes to use the pioneering Australian company’s e-commerce prowess to help guide its department stores Kmart and [...]

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By purveyancenews
In Australia, Coles
Posted March 26, 2019

Coles brings in robot supermarket Ocado for online overhaul

Coles has entered an agreement with the British online supermarket Ocado to bring its robot-driven grocery platform to Australia in a major shake-up of its digital offering. Coles said on Tuesday [...]

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By purveyancenews
In Australia, Coles
Posted March 5, 2019

Coles punts pubs and pokies in $200m joint venture deal

Supermarket giant Coles has offloaded its hotel and pokies business in a complicated deal that allows it to skirt unique Queensland licensing laws and hold on to its lucrative bottle shops in the [...]

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