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Coles has started the new year by announcing that it plans to cut the prices of over 200 products over the coming three months.

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The retailer’s sales hit AU$9,607m in the first quarter of FY21, with significant online growth and changes to its digital marketing capability a highlight. Supermarket sales up 9.8% to AU$8,464m Supermarket LFL sales grew 9.7% with the results skewed by the varying degrees of COVID-19 restrictions across the country. Growth was highest in Victoria, and to a lesser extent in New South Wales...
Coles has announced a new partnership that will see it source 90% of its energy in Queensland from renewable sources. Second 10 year renewable energy deal The retailer has signed a 10 year deal to team up with CleanCo, a state-owned clean energy provider. Power for 75% of the retailer's business in Queensland will come from Australia's largest solar farm (once built) and one of the largest ...
Coles has reported FY20 results with sales up 6.9% to AU$37,408m and EBIT up 4.7% to AU$1,387m. Supermarkets sales up 6.8% to AU$32,993m Strong supermarket sales and EBIT growth of 10.7% were a result of Coles’ refreshed strategy and an increase in demand created by COVID-19. LFL sales growth for the year was 5.9%, with sales growth of 7.6% and 7.1% on a total and LFL basis in Q4, respectiv...

Presentations

25/01/2021
The latest retailer results, our forecasts for how the market will grow over the next few years, plus five trends set to shape the food and consumer goods retail market across Australia in 2021.
18/01/2021
This guide to Australia explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.
11/12/2020
The impact of the COVID-19 pandemic on global food-to-go trends
03/11/2020

An essential summary of trading priorities, latest developments, and other key commercial insights for Coles.

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Key presentations

We review Coles’ current performance, its growth forecasts for the next few years, plus progress against its strategic objectives.

This guide to Australia explores the key trends in grocery retail, the outlook for the country’s differing channels to 2022 and the growth strategies of its leading retailers.

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An essential summary of trading priorities, latest developments, and other key commercial insights for Coles. 
 

Use our COVID-adjusted forecasts on over 400 retailers in over 180 countries

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