News Articles for Coles

Supermarket giant Coles has earmarked a three-hectare parcel of land in the south-eastern suburbs for a $28 million shopping complex.

Coles Group chief executive Leah Weckert has welcomed the company's third quarter sales result, with revenue up by 3.4 per cent, or $336 million, to $10.37 billion.

OPINION: The emergence of ‘private lending' in the aftermath of the GFC is a new crisis in the making.

Australia's major supermarket chains have consistently increased profit margins over the past five years, but it's not enough to warrant breaking up of the big chains, the ACCC says.

Coles has reported a 3 per cent drop in profit in the first half of the 2024-25 financial year, but received a sales boost during staff strikes at rival Woolworths' operations.

Mining, government and supermarkets continue to dominate WA's jobs figures despite upheaval in some sectors.

Coles has posted an annual net profit of $1.1 billion and says online supermarket sales made up 9.4 per cent of all sales in the 2023/24 year.

Despite its total group sales revenue rising by 3.4 per cent from $9.7 billion to $10 billion in the March 2024 quarter, Coles Group chief executive officer Leah Weckert is acutely aware that customers are minimising their discretionary spending.

The state's peak planning body has approved Coles' $29m plan to build a neighbourhood shopping centre in Ravenswood.

Shares in Coles rose by 6 per cent on Tuesday morning to $16.77, despite the company's statutory net profit after tax regressing by 3.6 per cent in the first half of the 2024 financial year.

The bluster around automation, artificial intelligence and jobs plays out online and in column inches most weeks around the world, but is it justified?

Australian supermarkets have been given an F for fail on plastic waste reduction, with an audit detailing some disturbing practices.

Cash-strapped Australians are hunting multiple supermarket aisles in search of bargains amid a post-COVID cost-of-living crisis which has seen significant belt tightening by mortgage holders and re

WA agribusiness Milne Agrigroup will supply a range of pork products with a carbon neutral footprint to Coles stores after developing the offering with the major supermarket chain.

The Chamber of Minerals and Energy has revealed a drop in the number of women in management roles, while BHP and Western Power announce diversity achievements.

National cold chain operator Scott's Refrigerated Logistics will reportedly be liquidated, with 1,500 staff to be unemployed.

Consumer sentiment is switching to a more conservative spending cycle.

Australian consumers have continued to favour Woolworths after the retail giant was reported as the nation's most valued brand at $16.2 billion.

Supermarket giant Coles is selling its fuel and convenience stores operation for $300 million.

Our board moves wrap includes Layton Mills, Terry Bowen, Scott Price, Nic Matich, and Marnie Finlayson.

While shoppers face inflationary pressures and a rising cost of living, the cost of doing business is also up.

An in-depth study profiling indigenous employment practices in Australia has thrown down a challenge.

Some of Australia's biggest companies have opted into an emissions reduction reporting scheme that should show whether cuts match their public commitments.

Coles has delivered a 2 per cent drop in profit as higher costs and lower convenience store sales hit half-year results.

WA shoppers will be subjected to product limits at major supermarkets after floods in South Australia disrupted supply chains, leaving some shelves empty.

Food suppliers and supermarkets are scrambling to find ways to get produce to WA, after it was announced flood-damaged rail lines in SA could take at least 12 days to be repaired.

Unemployment is at record lows in WA, but pressure from mass resignations and outbound travellers is looming.

Sustainability accreditations are helping WA businesses sell produce internationally.

Coles has opted not to follow Woolworths in requiring all employees be vaccinated against COVID-19, instead relying on health orders in some states.

Australian supermarket giants Woolworths Group and Coles have announced plans to implement mandatory vaccination policies for their staff.

Woodside's purchase of BHP's oil assets is close to the biggest deal by a WA company.

Coles is continuing to see sales growth slow in the first few weeks of the current financial year as trading returns to normal levels and as lockdowns in major cities drag.

Cheeky Brothers is scaling up production capacity after signing a deal with Coles.

More than half of the world's single-use plastic is produced by fewer than two-dozen companies, according to new research published by the Minderoo Foundation.

Hardware giant Bunnings has been crowned Australia's top online retailer while four other Wesfarmers-owned businesses have been listed in the top 10.

Supermarket giant Coles' third-quarter sales slipped 5.1 per cent as trading normalised compared with last year's pre-lockdown stocking.

Coles enjoyed soaring sales during the second half of last year, buoyed in part by customers being forced to stay at home during Christmas.

A mix of good fortune and good management meant WA emerged from the recent lockdown in good shape. How likely is it to happen again?

Some of Australia's largest corporations are digging deep to raise funds for those affected by the devastating fire in Perth's north-east.

Toilet paper, long-life milk and pet food have been among the most highly sought-after goods for Perth shoppers in the past 48 hours.