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Coles, ISPT enter property joint venture
Coles has entered into a joint venture with ISPT, which will acquire a 75 per cent interest in an initial portfolio of 19 Coles-owned shopping centres.
Aldi bounces back in consumer satisfaction
Aldi is doing a good job in keeping their customer satisfied, according to the latest Roy Morgan Supermarket Satisfaction report.
Coles, Bunnings drive Wesfarmers
Wesfarmers reported third quarter growth from all of its retail divisions, with Coles and Bunnings being the top performers.
Dairy farmers collectively bargain with Woolworths
The ACCC has decided to allow seven dairy farmers from Manning Valley in New South Wales to collectively bargain with Woolworths and Milk2Market for three years.
Coles signs contract with dairy farmers
Coles signed a supply agreement with farmer-owned dairy processors Devondale and Norco.
Status Quo stars in Coles campaign
Coles has launched a multi-million dollar campaign that will form part of the retailer's 'Down Down' campaign.
Coles trials the digital wallet
Coles is giving a sample group of customers the chance to pay with their credit card and earn flybuys points using their smartphone.
Coles' growth benefits Wesfarmers
Once again, Coles continues to drive Wesfarmers growth with the company reporting a 9.3 per cent increase in first half earnings.
All-round positivity at Wesfarmers
Wesfarmers has recorded positive sales results for all of its retail businesses in the first half of the financial year.
Coles gets new finance director
Wesfarmers' current managing director of Wesfarmers Insurance will take on the role.
Coles' price cuts leave bittersweet aftertaste
Following Cole's decision to discount prices on more products, some retail body associations have shown their support for it while it's being dismissed by others.
Coles discounts even more products
Coles is at it again, cutting more prices as part of its Down Down price campaign.
Australian retailers are still being Googled
Google's annual Australian Brand Zeitgest has revealed local retailers are still the most searched.
Authority of information
How the right product content and images can give you an advantage over your competitors.
Coles signs ACCC retail acquisition agreement
Coles has reached an agreement with ACCC to establish a protocol for single supermarket acquisitions.
Coles drives Wesfarmers' growth
Wesfarmers' acquisition of Coles in 2007 is paying off for the company as it continues to drive growth for the business.
New Coles Liquor marketer reveals plan of attack
As Coles' food and liquor division achieves strong quarter results, marketing boss Cameron MacFarlane believes brighter times are around the corner.
Off to a good start: Wesfarmers
Wesfarmers has announced its first quarter results for the 2013 financial year.
Coles drops FlyBuys my5 offer
Following a six month trial, Coles will discontinue its my5 FlyBuys offer to make room for more targeted deals.
Coles let’s farm animals run wild
Coles will stop the sale of caged pigs and eggs from next year.
Costco awaits petrol approval
Big box retailer Costco is looking to go against Woolworths and Coles in the discount petrol market.
Tap&Go available at Coles
Coles' customers will now be able to checkout faster with MasterCard’s PayPass terminals now deployed across its store network.
Room for improvement: Wesfarmers
Coles has help driven Wesfarmers to a achieving a full-year net profit after tax of $2.1 billion, up 10.6 per cent from the previous year.
Coles corrects Woolies' claim on drive-thru concept
After RetailBiz reported the launch of Woolworth's drive-thru option, we were contacted by Coles, informing us the concept is in fact not Australia’s first drive-thru supermarket.
eftpos proposal needs revision
Australia's four major banks and Woolworths and Coles will be the only beneficiaries if new regulations of the eftpos payment system are allowed, Tyro Payments warned.
Major grocery retailers sign up to recall system
Australia’s major food and grocery retailers have united in a call for suppliers to use the recall notification system GS1 Recallnet to better protect consumers.
Coles' profits edges above Woolies'
Coles has lifted its total food and liquor sales growth for the full year of 2012 as a result of the increase in customer numbers and increased basket size, beating rival Woolworths.
Toll strike over, now TWU takes aim at Coles
An agreement has been reached between Toll Global Logistics – Customised Solutions and the National Union of Workers regarding the Coles Somerton distribution centre after more than two months of enterprise bargaining.
Coles workers reject latest offer
Striking workers at the Coles national distribution centre in Melbourne have rejected a new pay offer.
Coles selects Sika's flooring system
Coles has selected Sika’s flooring system, which will be applied to 30 of its supermarkets as part of a national specification, with additional stores to be refurbished in coming months.
Coles MD to stay on
Wesfarmers has extended Coles managing director Ian McLeod’s employment contract, which was initially signed for five years.
Coles beats Woolworths again
While sales did remain slow for Coles it did manage to creep above Woolworths in the third quarter results, recording sales growth of 2.7 per cent.
Coles revamps flybuys program
The new flybuys, which is being relaunched by Coles on Monday, will give customers the chance to earn more points, more rewards at more places.
New player declares war on liquor's big two
Two major independent liquor groups have announced their intention to merge, in a bid to take on Woolworths and Coles’ liquor businesses.
Suppliers dob on Woolies, Coles
Suppliers to the two supermarket giants have dobbed them in to the Australian Competition and Consumer Commission (ACCC) for "unconscionable conduct'".
Catering to the new consumer
Retail Doctor Group, Coles and IBM gave advice on how to predict consumer behaviour and how to win shoppers' hearts, minds and wallets back.
Heavy discounting continues for Wesfarmers
The retail giant reported a net profit after tax of $1.176 billion for the six months to December and excluding non-trading items it was $1.203 billion.
Coles anchors Broken Hill development
Coles is investing $35 million in the Broken Hill Plaza shopping centre development that will be 4,200 square metre.
And the winner is... Wesfarmers
Wesfarmers has come out on top for the tenth quarter straight over rival Woolworths boasting Coles delivered a "record-breaking" Christmas.
The supermarket war continues
Just two days after announcing it was going to slash fruit and vegetable prices as part of its Super Specials campaign, Coles has said it will be making further price cuts to selected products in the same range.
Coles slashes fruit and veg prices
From Tuesday, Coles has announced it will slash up to 50 per cent off in prices from at least a dozen of fruit and vegetables each week.
Contactless payments at Woolies, Coles
Both Woolworths and Coles will be implanting Visa’s PayWave technology, which will allow Visa PayWave credit cardholders to pay for transactions of $100 or less without the need for a PIN or signature.
Stockland sells land to Coles
Stockland has sold a 7.7 hectare block of land in Melbourne to Wesfarmers' Coles division for an undisclosed amount.
Customers to service Coles Express' ATMs
The five-year agreement will see Customers provide ATM hardware and software, ongoing maintenance, cash servicing, branding and 24-hour technical support to Coles Express.
Wesfarmers cautious in lead up to Christmas
Chief executive Richard Goyder said the company would continue to remain cautious about the retail environment as the company enters trading for the festive season.
Milk wars settled with final report
The final Senate Inquiry report has cleared all controversy related to the Coles milk wars, which began when the supermarket decided to slash prices down to $1 a litre.
Supermarkets slammed for market power abuse
Federal industry minister Kim Carr has lashed out at supermarket giants Coles and Woolworths for abusing market power.
Coles, Bunnings lead Wesfarmers to triumph
Strong sales continue to be achieved by Coles and Bunnings despite consumer sentiment remaining subdued throughout the 2012 first quarter.
MIX launches in Coles
After announcing that it was going to introduce a clothes and accessories line to its supermarkets back in August, Coles has finally launched the MIX collection in time for summer.
Coles goes local with Bega
The supermarket giant has offered the dairy processor its entire housebrand cheese business as part of part of its 'Australia First' sourcing initiative.
Coles mixes groceries with fashion
Coles is expanding its product offering by bringing fashion to its grocery aisles with MIX, an exclusive collection of clothing and accessories.
Coles powers Wesfarmers' profits
The Coles division delivered strong earnings growth of 21.2 per cent for the year, increasing earnings by $204 million to $1,166 million, which saw Wesfarmers achieve NPAT of $1.9 million.
Aldi launches 'real reductions' campaign
Beefing up its battle against Woolworths and Coles, Aldi will be reducing prices on a number of its products to help customers particularly at a time with rising costs of living.
Coles beats Woolworths for the ninth time
Coles reported a 5.3 per cent growth in food and liquor sales to $6.18 billion for the final quarter of 2010-11, which pushed full year comparable store sales up by 6.3 per cent to $25.02 billion.
Cole's milk prices are legal, ACCC says
The ACCC has revealed that there is no evidence that Coles' heavy discounting on house brand milk is breaching the Competition and Consumer Act 2010.
Supporting consumer demand, Coles says
Having taken part in the supermarket price war with rival Woolworths, Coles has reiterated that dropping grocery prices significantly is not hurting Australia's agricultural sector.
DealsDirect launches online grocery store
DealsDirect.com.au launched SupearmarketDeals.com.au, an online grocery store that sells discounted groceries at up to 30 per cent off the recommended retail price.
The new Goliath - why there is room for Costco
In a market ruled by supermarket giants like Coles, Woolworths and Aldi, the arrival of a new mega-retailer is not exactly a David and Goliath story. It’s more of an epic battle of the Titans.
FlyBuys members earn extra points
FlyBuys members will receive four FlyBuys points from NAB for every five dollar spent in Coles Supermarkets when they pay for their groceries with a FlyBuys-linked NAB credit card.
Coles trials grocery pick-up scheme
A Coles Express in Windsor, NSW is being used as a test site by the supermarket giant to allow customers to pick-up their online grocery orders from its petrol station.
Woolies, Coles fined for false labelling
The NSW Food Authority has busted Woolworths and Coles for falsely describing the origin of fruit for sale in two Sydney stores, Minister for Primary Industries, Katrina Hodgkinson said.
Coles, Bunnings lift Wesfarmers' sales
Wesfarmer managing director Richard Goyser said the third quarter sales results were generally pleasing, despite that trading conditions were affected by macroeconomic conditions and natural disasters.
Retailers spend big on ads
The Nielsen Company's Top Media Advertisers report found that the industry spent $2.18 billion on advertising in 2010, which is a 7 per cent increase from 2009.
Business as Usual with Foster's: Coles
Coles has denied it was preparing to promote and sell Foster’s VB at $28 per carton with a spokesperson playing down speculation that beer would remain a touchstone in supplier discontent with supermarket chain discounting.
Woolies denies 'beer war'
Woolworths has denied media reports it is involved in a 'beer war' with the Foster's Group after the beer producer recently refused to deliver stock to several retailers.
Coles to face Senate inquiry
The supermarket giant said in a statement that the committee hearing will "provide greater transparency and understanding of the milk supply chain, and the factors that drive the farm gate for Australian dairy farmers".
Private labels vs. brands
Research f the Asia-Pacific region by Datamonitor has revealed that almost half of consumers are choosing to shop based on where they can buy private labels.
Coles nabs FlyBuys
Coles has acquired National Australia Bank's 50 per cent interest in FlyBuys, Australia’s first and largest shopping rewards program.
Wesfarmers soldiers on
In an environment marked by cautious consumer sentiment, widespread price deflation and unusually wet and cool weather on the east coast of Australia, which negatively affected consumer spending, Wesfarmers has still managed to succeed.
The aftermath of cyclone Yasi
Both Woolworths and Coles are still on the ground and have begun assessing the condition of stores, indicating little damage was done except Woolworths at Mission Beach suffered some roof damage.
Coles out does Woolworths
Coles has seen its food and liquor sales for the second quarter rise 6.7 per cent on the previous corresponding period to $7 billion following Wesfarmers' announcement of its second quarter retail sales results.
Price war between supermarkets
The war between Australia’s supermarket giants continues after Coles decided to slash its Coles Brand fresh milk prices by 33 per cent.
Coles pushes Aussie products
The supermarket chain has set the benchmark, celebrating its Coles Brand as having the most Australian Made products than any other brand in the country.
ALDI to boost grocery competition
Expected to bring ALDI’s retail footprint to a total of 11 in Canberra, the stores will be co-located with Canberra-based Supabarn in Wanniassa and Kaleen, and Coles in Chisholm.
Coles boosts Wesfarmers' profits
At the annual meeting, Richard Goyder, Wesfarmers managing director, said the positive result is underlined by Coles food and liquor comparable store sales growth of 6.2 per cent.
And the Shonky award goes to...
Coles has received the shonkiest services award for its 'Feed Your Family for Under $10' campaign as part of the 2010 Choice Shonky awards.
Coles outdoes Woolworths this quarter
Coles has beaten its supermarket rivalry Woolworths with a 6.2 per cent growth in food and liquor sales of $6 billion in the first quarter.
Coles recognised at PCA awards
The supermarket retailer picked up a bronze in the Labelling category for the Coles Antipasto range and a bronze in the Sustainability category for the Coles Natural Spring Water range.
Coles grows in insurance market
Following the successful launch of its car insurance product, Coles has now entered the home and content insurance market.
Coles cuts health, beauty prices
More than 500 prices on products from soap and shampoo to toothpaste and vitamins have been permanently cut
Store brands vs. premium labels
It may seem that "store brands" such as Woolworths Home Brand and Coles Smart Buys are ending up in shopping baskets more than ever before.
Coles' positive outlook on HGP-free beef
Coles spokesperson Jim Cooper explained to Retailbiz that the change has been made due to an increasing demand from customers wanting to know the origin of their products.
Coles to sell HGP-free beef
The supermarket giant will be sourcing HGP-free beef from its Australian cattle producers.
Let's see some proof
Consumer group CHOICE has called on Australia's supermarket chains to post their shelf prices online to prove that price cuts have been made to groceries.
Wesfarmers profit up 2.8%
Wesfarmers has announced a net profit of $1,565 billion for the full-year ended 30 June 2010, up 2.8 per cent compared to the previous corresponding period.
Private labels account for quarter of grocery market
The sweet taste that Australians developed for private labels during the global financial crisis shows no sign of turning sour as economic conditions improve, with IBISWorld forecasting strong growth in established and emerging markets.
Coles enters car insurance market
Coles has entered the national car insurance market, launching Coles Car Insurance, which is backed by Wesfarmers Insurance.
Solid sales performance for Wesfarmers
Wesfarmers has announced its retail sales results for the fourth quarter and 2010 financial year.
Coles turns shopping bags into furniture
Coles customers can make a difference on World Environment Day by bringing their old or unwanted reusable shopping bags to any Coles supermarket for recycling as part of a two-week bag drive.
Coles expands its Fairtrade product range
Coles is celebrating the 2010 Fair Trade Fortnight by expanding its market-leading Fairtrade Certified product range.
Wesfarmers cautious about Q4 trading
Wesfarmers has announced its retail sales for Q3 of the 2010 financial year. The Coles division reported solid sales growth in the period, while Kmart and Target showed mixed results and lower margins than in the previous corresponding period.
Woolworths slashes price of 3500 products
Following Coles' announcement that it is implementing a national price policy, Woolworths announced it's reducing the shelf price of thousands of supermarket products.
Coles implements national pricing policy
From 1 February it doesn't matter where you shop, as Coles customers will pay the same price for the same product on approximately 97 per cent of groceries at Coles supermarkets across Australia.
Coles launches campaign for children's hospital
Coles has launched the 'I care for kids at Coles this Christmas' campaign for the Royal Children's Hospital Foundation.
Consumers to spend $20.5 billion in Christmas sales
Despite economic talk turning towards recovery, IBISWorld predicts rising interest rates and the absence of cash hand-outs will see consumers saving more than spending this Christmas.
Coles recycles more than 200,000 plastic bags
More than 200,000 bags were collected in the month of October in support of the Coles Plastic Bag Challenge.
Majority support longer WA shopping hours
Two-thirds of Perth residents support longer shopping hours according to an independent survey.
Coles donates more than $1.34 million to Cancer Council
Coles has raised more than $1.34 million for the Cancer Council's Daffodil Day campaign in August through donations and purchase of merchandise.
Supermarket agreement paves way for more competition
The agreement between ACCC and Coles and Woolworths to phase out all restrictive provisions in supermarket leases will create opportunities for smaller players such as Aldi.
ARA welcomes change to supermarket leases
The Australian Retailers Association (ARA) supports the ACCC's plan to phase out all restrictive provisions in supermarket leases.
ACCC and Coles reach agreement on lease arrangements
The Australian Competition and Consumer Commission has reached an agreement with Coles and Woolworths to change the way lease agreements with shopping centre landlords are managed.
Metcash to supply Foodworks' Coles supermarkets
Metcash has reached agreement for the supply of grocery and liquor products to the 45 supermarkets (and eight aligned liquor stores) that Foodworks will acquire from Coles.
Coles launches new reusable bags
In its effort to reduce the number of single use plastic bags and encourage greater use of reusable bags when shopping, Coles Supermarkets has launched a range of new bag options.
Wesfarmers profit increases 44 per cent to $1.5 billion
Wesfarmers Limited has announced a net profit after tax of $1.535 billion for the 2008/09 financial year, an increase of 44 per cent on the $1.063 billion reported for the previous year.
Foodworks acquisition of Coles stores to be completed in 2010
FoodWorks shareholders have voted in support of FoodWorks' purchase of 45 Coles stores, eight with adjoining liquor outlets, which means the acquisition can now proceed as planned.
Competition keeps big supermarkets in check, says ACCC
Graeme Samuel, chair of the Australian Competition and Consumer Commission has said that some people need a reality check when it comes to the activities of major supermarkets.
Large supermarkets already display unit prices
Australian consumers are already benefiting from unit pricing at the country's largest supermarkets, said the Australian National Retailers Association.
Coles offloads 45 stores
Coles is transferring 45 supermarkets and eight associated Liquorland stores across four states to the independent Australian-owned food and grocery retail group, FoodWorks.
Foodworks to purchase Coles' unwanted stores
FoodWorks is planning to purchase 45 Coles stores, eight with adjoining liquor outlets, subject to approval by FoodWorks shareholders and the ACCC.
Coles offers checkout bag choice nationwide
Coles will be selling new re-usable and biodegradable checkout bags in its stores across Australia from 1 September this year.
Coles & Woolworths introduce alternatives to plastic bags banned in SA
Coles and Woolworths supermarkets are offering customers a range of alternative checkout bags in preparation for the State Government's single-use plastic bag ban coming into effect today.
