Coles news

Woolworths and Coles have both posted their respective Q1 results, with: Woolworths' sales up 7.1% to AU$15,903m for the 14 weeks ending 6 October 2019 Coles' sales up 1.8% to AU$8,695m for the 13 weeks ending 29 September 2019 Woolworths: strong momentum building Australian Food sales up 7.8% to AU$10,663m, with LFL sales up 6.6%.  Sales were driven by transaction and items per...

Both Coles and Woolworths have thrown their shoulder behind their liqour operations this week, appointing new leaders of their respective businesses, both who will start in early 2020. Morrisons exec with 25 years international experience joins Coles Darren Blackhurst will reportedly be taking up a lead role at Coles in Australia. Blackhurst joined Morrisons in the UK in 2015 as Group Comme...

Coles has launched its  ‘What’s for Dinner’  service. It exists on the Coles website and provides recipes for meals that can be made with five ingredients or less in under 30 minutes. How does it work? Shoppers can search through different recipes, pick the ones they like, and then add the ingredients to their shopping list, or online order. These meal plans aim to help shoppers prepare din...

Trial of in-store restaurants and expanded food-to-go choices. Providing added convenience for shoppers Coles has opened its first “grocerant”, a hybrid between a restaurant and a grocery store, in Tooronga, Melbourne. It has partnered with some of Australia’s leading restaurant operators, such as Sushi Sushi and Earl Canteen, to open a food court within its store. These in-store con...

Delivery service now available for fresh and frozen foods. Providing added convenience for shoppers In March 2019, Coles partnered with eBay to offer over 4,000 products via the eBay website. However, at that time, shoppers still needed to wait two to four days for their orders and it did not include fresh food. The new offer now includes an extended range, including fruit and vegetab...

Coles has cut prices on over 300 products and is introducing new bulk pack items in its latest value drive. Continuing to invest in Every Day low prices The price cuts will focus largely on its private label products, but also include some branded items. They will cover a range of categories, including meat, poultry and bakery, targeting at making the lives of its every day shoppers better ...

Coles has released FY19 annual results with retail sales revenue up 3.1% to AU$35,001m, but group sales revenue down 1.7% to AU$38,152m. Supermarket sales revenue up 3.2% to AU$30,890m The supermarket division continued to see solid growth, with LFL sales up 2.7% and EBIT growth of 2.2% to AU$1,1,83m for the year. Growth was aided by inflation, which increased in Q4 to 1.4%, but for the yea...

Coles has told staff at its support centre in Melbourne that it will be cutting 450 jobs, as well as making some leadership changes. Job cuts ahead of major strategic reset The job cuts are part of an efficiency drive by the retailer and preceed the Coles strategy day that will be held next week. Coles managing director, Steven Cain, is expected to announce a major strategic reset for the b...

Coles has launched a new healthy living private label brand called 'Wellness Road'. Specialist premium healthy living range The new Wellness Road range includes 28 products such as organic flaxseed oil, organic buckwheat kernels, tiger nut flour, organic red rice noodles with Chia and textured vegetable protein. Coles has launched the range, which has premium black and gold packaging, to gi...

Coles has started selling misshaped fruit and vegetables under a new range called 'I'm Perfect'. Initially being tested in Victoria and South Australia The new range includes 1kg bags of lemons, 2kg bags of apples, pears, onions, sweet potatoes, 2.5kg bags of carrots and 3kg bags of oranges. The I'm Perfect ranges are available at some stores in Victoria and South Australia and are priced c...