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Coles

Coles starts trading on the ASX
2 months ago

Coles starts trading on the ASX

After an 11-year absence due to its incorporation with Wesfarmers (ASX: WES), one of country’s leading supermarkets is back on the Australian Stock Exchange.

Shares in Coles Group (ASX: COL) started …
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Coles faces $100m earnings drop from wages, fuel: BAML
2 months ago

Coles faces $100m earnings drop from wages, fuel: BAML

A higher wages bill, a struggling petrol station business and lost sales momentum could see supermarket giant Coles’ earnings fall $100 million in its first year as a standalone company, according to …
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Viva profit downgrade has lessons for Coles

Viva Energy Group’s 16 per cent profit downgrade carries lessons for other public companies new to the share market and the most obvious is Viva’s partner, supermarket chain Coles, which will list …
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Nationals in bid to put supermarkets and petrol companies on royal commission radar
2 months ago

Nationals in bid to put supermarkets and petrol companies on royal commission radar

FED-UP Nationals will take advantage of their own minority government to bring on a royal commission into petrol prices and supermarket duopolies, Coles and Woolworths.

The push, being led by …
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Servos and local grocers now battlefronts in the grocery war of convenience
2 months ago

Servos and local grocers now battlefronts in the grocery war of convenience

THE race is well and truly on between Woolworths and Coles to downsize to convenience-store footprints, with petrol service stations and local grocer real estate being seized for the transformation.


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Woolworths and Caltex roll out further petrol discounts
2 months ago

Woolworths and Caltex roll out further petrol discounts

PETROL price competition is set to ignite with the rollout of 4 cent discounting at dozens of petrol stations nationally and allow motorists to collect rewards points when they fill …
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ACCC probes Coles’ flybuys offer of 24c a litre off petrol
4 months ago

ACCC probes Coles’ flybuys offer of 24c a litre off petrol

THE Australian Competition and Consumer Commission is investigating whether grocery giant Coles contravened an agreement on fuel discounts by offering its flybuys customers 10c to 24c a litre off petrol.


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Smithfield service station fetches $5.45 million at auction
7 months ago

Smithfield service station fetches $5.45 million at auction

A investor has purchased the Shell and Coles Express site in Smithfield for $5.45 million on a 5 per cent yield – the highest bid at Burgess Rawson’s Portfolio Auction this month.

The service …
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Coles feels petrol pinch as Viva Energy lifts supply prices
2 years ago

Coles feels petrol pinch as Viva Energy lifts supply prices

COLES has pointed the finger at its petrol supplier, Viva ­Energy, for lifting the prices it charges the supermarket heavyweight following a 20 per cent plunge in fuel sales.

It comes …
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Coles fires shots at 7-Eleven in coffee war

7-Eleven’s $1 coffee is facing a challenger in Coles, which is undercutting the chain as it launches its own revamped convenience store format.

Coles Express is piloting the new convenience …
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