Coles news

18 February 2014
Wesfarmers has announced that John Durkan will replace Ian McLeod as MD at Coles. McLeod to hand over reins but remains within group John Durkan previously held the position of Chief Operating Officer at Coles and will become MD on 1 July 2014. McLeod will take up a new opportunity within the Wesfarmers Group, working closely with the MD and senior team aiding development of strategic initi...
11 February 2014
Coles has announced plans to invest 'significantly' in the state of Victoria in the year ahead, opening 14 new supermarkets in total. New city and regional stores part of the plan Coles will invest AU$360m into the state of Victoria this year it has confirmed. This money will see the retailer build an additional eight supermarkets in Melbourne, four in Geelong and refurbish existing stores ...
31 January 2014
Whether it be new promotions, the launch of retailer radio stations or new supplier deals, read on to get a quick round up of this weeks news from Australia. New battleground for promotions being drawn? As predicted in our 'Australia in Focus: Six Trends for 2014' article , both Coles and Woolworths have started to redirect capital freed up from not running fuel docket promotions into new me...
20 January 2014
Coles has marked the start of its centenary year with the recreation of its original store. From one store to over 2,300 in 100 years The first Coles store and Australia's first variety store opened on 9 April 1914, meaning that this year the retailer celebrates its 100th Birthday. Today the business has grown into Australia's second largest supermarket chain with over 2,300 stores, but the ...
06 January 2014
Coles has announced that it will become the first national Australian supermarket chain to commit to having 100% RSPCA approved private label chicken. All private label chicken to be RSPCA approved Coles has been selling RSPCA approved chicken breasts, wings, drumsticks, thigh fillets and whole chickens since 2011, but from January 2014 all Coles Brand fresh chicken, including loose portion...
02 January 2014
As we welcome in 2014, Senior Business Analyst Nick Miles looks ahead and explores some of the trends and developments that we are likely to see emerge from Australia's dynamic and exciting grocery market over the next 12 months. 1. Thinking 'multichannel' will unlock new areas of growth After years of supermarket dominated retailing, the Australian grocery market is becoming increasingly comp...
29 December 2013
To stimulate your thinking for 2014, six of our analysts have selected their favourite large stores of the past year. Tesco Extra (Watford, UK): creating a new future for hypermarkets? Nick Miles, Senior Business Analyst Tesco’s relaunched hypermarket in Watford was a ‘retail event of 2013’, seeing the retailer open the first of its new look ‘destination Extra’ stores and to create more...
09 December 2013
Coles and Woolworths have agreed to voluntarily cap the level of discounts they offer on fuel. More level playing field for the competition The agreement means that the retailers will only offer discounts that are solely funded from their fuel and associated convenience businesses, plus see them cap the discounts available from supermarket dockets at 4¢ off per litre. Independent retailer...
05 December 2013
Coles has officially launched three more 'next generation' stores at Broadway, Bondi Junction and Balgowlah in Sydney. Next exciting phase of store renewal plan The newly remodelled stores follow on from the first 'next generation' store that the retailer opened in Southlands, Melbourne in December 2012 and are the first stores to be launched in this new format in Sydney. The three developmen...
02 December 2013
Coles has teamed up with food publication Gourmet Traveller to promote its Coles Finest private label products on the streets of Sydney and Melbourne. Truck to promote premium private label in key locations The Coles Finest truck will be touring the streets of Sydney and Melbourne over the next two weeks, promoting the best that Coles Finest private label has to offer. Coles says that its pro...