Coles releases first quarter results

Express convenience (c-store) has seen a sales growth of 10.2%.

Coles’ digital transformation has increased in the first quarter of 2021.

One significant change involved the introduction of coles&co, which launched in September. It features online specials, recipe inspiration, and replaces the printed weekly catalogues.

This reduced the number of printed catalogues by 4.6 million per week (now more than 32 million since implementation).

Coles Group CEO, Steven Cain mentions the increased digital progress.

“This is despite significant Covid-related restrictions in Victoria related to our main Store Support Centre, our distribution centres, our meat suppliers and of course, our customers – many of whom were not able to visit their regular Coles stores due to the restriction on not travelling, more than five kilometres from home or permitted workplaces.”

Coles Express sites raised more than $500,000 during Redkite Week, and more than $900,000 raised by Coles shoppers in two weeks for the Curing Homesickness $2 donation card campaign.

“As we enter a new Covid normal, Coles will continue to prioritise the health and safety of our customers, and team members throughout our store network and supply chain,” says Mr Cain.

“I would like to thank our team, our suppliers, our community partners, the state and federal governments, and of course our customers for helping us to navigate our collective way through the first and second waves of Covid.”

Similar Articles

Instagram

Most Popular

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.