Inside Retail

AUGUST 17, 2021

Coles’ Smarter Selling strategy is paying off for the Australian supermarket giant, with approximately $300 million in extra savings in the bank at the end of FY21. At its full year results announcement on Wednesday morning, Coles revealed that net profit broke the one-billion-dollar mark, rising 2.8 per cent to $1.005 billion.

Supermarket 246

Supermarket Net Profit Markdowns Checkout 246

Inside Retail

AUGUST 21, 2023

Despite consumers’ changing spending habits, Coles delivered a positive result on Tuesday, with sales at the Australia supermarket chain slightly up year on year. And while net profit was slightly down from FY22, this still resulted in more than $1 billion being added to the business. Is inflation embedded?

Supermarket 130

Supermarket Net Profit Fulfillment Returns 130

Retail TouchPoints

JULY 29, 2021

But it turned out that the emporium of toys, games and fun could not in the end withstand the relentless competition and margin hits from the internet and supermarket retailers. We are thrilled to be taking the reins of the world’s leading toy brand at a time when the category is up 16% and consumer demand for toys is at an all-time high.

Net Profit 306

Net Profit Fulfillment Boutique Outdoor 306

Mass Relators

MAY 12, 2021

and Europe, as we’ve been able to retain a strong level of underlying consumer demand by continuing to adapt to the enduring consumer behavior changes, including increased working from home, preference for healthy and fresh products, and higher online demand. In addition, our U.S. brands have supported vaccination efforts.

Net Profit 52

Net Profit Consumer Supermarket Fulfillment 52