Retail - coles

Australian Retailers Embrace Automation As Online Sales Rise Under Lockdown

As lockdowns continue across Australia, many households are doing something they may not have considered just 18 months ago: ordering groceries online....

Britain's Sainsbury's In Wholesale Deal With Australia's Coles

British supermarket group Sainsbury's has struck a deal to sell packaged groceries and household products in Australia as it seeks to grow its wh...

Sales Slow At Australian Grocery Giant Woolworths Due To ‘Bag Rage’

Australia's biggest grocer Woolworths Group said it rapidly lost sales momentum after starting to charge shoppers for plastic bags, sending its shares lowe...

Wesfarmers Breaks Buffett Playbook With $20 Billion Spinoff: Gadfly

In its pomp, Australia's Wesfarmers liked to think of itself as a sort of antipodean Berkshire Hathaway: buying undervalued, cash-producing businesses and...

Coles Spinoff Plan May Put Australian Supermarket Giant In Play

Wesfarmers Ltd.’s plan to spin off its Coles supermarkets, liquor and convenience stores could put the Australian retailing giant in play. The bus...

Woolworths Is Smashing Coles In Australia's Supermarket Wars

Woolworths Group is winning the war against Coles. Comparable food sales jumped 5% at the Australian supermarket chain in the fiscal second quarter...

Woolworths Books $716 Million Cost Amid Job Cuts, Writedowns

Woolworths Ltd. will book a pretax charge of A$959 million ($716 million) to cut jobs, write down assets and close supermarkets as investors brace for the...

New Woolworths Boss May Be Year Away as Cairns Asks for Patience

Woolworths, the Australian supermarket chain looking for a new boss, said it may be another 12 months before fresh leadership is installed, complicating a...

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