Tag: Coles

Coles sales rise, profits drop

Coles has released its FY24 half-year results, with Group sales revenue rising by 6.8% to $22.2 billion and net profit falling 3.6% to $594 million. Supermarkets Supermarket revenue increased 4.9% to $19.8 billion....

ACCC to examine supermarket prices and competition

The Australian government has announced that it will direct the ACCC to conduct an inquiry into Australia’s supermarket sector. The year-long inquiry will examine the pricing practices of the supermarkets, along with the...

Coles and Woolworths respond to Senate inquiry

Coles and Woolworths have both provided statements regarding the Senate inquiry into the price gouging of major supermarkets amid Australia’s cost-of-living crisis. Spearheaded by the Greens, the inquiry will scrutinise the impact of...

Coles recognised for its corporate giving

Coles has been recognised as one of Australia’s top corporate givers in the latest Giving Large research by Strive Philanthropy. For the fourth consecutive year, the retailer was placed number one for community...

Cadbury donates one million meals

Cadbury Australia is helping to feed hungry families by donating one million meals as part of its ongoing partnership with SecondBite. With cost-of-living pressures continuity and food insecurity rates rising, Cadbury and SecondBite,...

Coles records 3.6% increase in first quarter sales

Coles has released its 2024 first quarter results, with Group sales revenue increasing 3.6% to $10.25 billion. The retailer’s supermarkets recorded sales revenue of $9.2 billion during the first quarter, an increase of...

Coles delivers solid 2023 full year results

Coles Group has reported total sales revenue growth from continuing operations of 5.9% to $40.5 billion. The retailer recorded Q4 sales growth of 8% in supermarkets and 2.9% in liquor. EBITDA and EBIT...

Celebrity chef Curtis Stone partners with Cadbury Australia

This year, celebrity and Michelin-starred chef, Curtis Stone, has partnered with Cadbury Australia to launch a limited-edition Dairy Milk block, Curtis Stone’s Raspberry & Hazelnut Tart, available from 14 June. Following on from...
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