Coles

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. [...]

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 [...]

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 [...]

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 [...]

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 [...]