Tag: Leah Weckert

Value campaigns, exclusive brands underpin Coles’ Q1 sales

Coles achieved supermarkets sales revenue of $9.5 billion for the first quarter of FY25, up 3.5% (4.9% excluding tobacco). The retailer says the sales growth was supported by its Winter and Spring value...

Coles revenue increases in third quarter

Coles has released its 2024 third quarter results, with sales revenue increasing by 3.4% to $10.03 billion. Supermarket sales increased 5.1% to $9.1 billion, while liquor sales fell 1.9% to $786 million. Coles Group...

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 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...

Coles celebrates gender equity milestones

Coles Group has achieved some of its “most important” gender equity commitments nine months ahead of schedule. This includes 40% of its leadership roles filled by women and a company-wide gender pay...

Coles appoints new CEO

Leah Weckert has been appointed as Coles’ new Managing Director and CEO, upon the retirement of Steven Cain. “Leah has an outstanding track record of leadership and driving change inside Coles across...

Supermarket majors announce cost savings to groceries

Woolworths is reducing the price of more than 400 springtime grocery staples, from chicken, bread, yoghurt, vitamins to entertaining essentials like cheeses, dips, and more to help millions of customers save across a wide...
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