Coles news

23 September 2020
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 ...
18 August 2020
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...
04 August 2020
Coles is running a new 'Instant Win' promotion that allows shoppers the potential of winning a prize each time they shop. Over 1,000 products included in the promotion Shoppers will recieve a prize code on their receipt for every transaction that includes three or more items from participating products. All they then have to do is enter the code at coles.com.au/instantwin to see if they hav...
04 August 2020
With ongoing rises in COVID-19 transmission, Australia's second largest city, Melbourne, has imposed stronger lockdown measures. We review what this means and how retailers have reacted. New lockdown measures explained The Victorian state goverment implemented the new 'stage 4' measures from Sunday 2 August and they will remain in place for six weeks, until Sunday 13 September. People are o...
30 July 2020
Coles has introduced a new collectables campaign called Little Treehouse, offering miniature books to kids for every AU$30 spent in-store or online. Sustainable and educational focus The new promotion sees the retailer partner with author Andy Griffiths and illustrator Terry Denton to offer a series of 24 mini novels called Little Treehouse, with stories based on characters from their Treeh...
09 July 2020
Following a spike in new cases and the renewed lockdown of parts of Australia's second largest city, how have retailers responded and what can other businesses and markets learn? 1. Short term buying restrictions As reports of new COVID-19 cases in Melbourne were revealed, Coles and Woolworths were both quick to respond to reinstigating buying restrictions on certain products in response to...
02 July 2020
Coles and Woolworths in Australia have decided to reinstate buying limits on toilet roll and paper towels after a surge in demand. Reacting quickly is vital to manage stock flow Coles was the first of the two major retailers to lift all of its buying restrictions a few weeks ago, followed by Woolworths shortly afterwards. However, the recent demand has led Coles to restrict buying to one pa...
15 June 2020
Coles has launched a new range of ready meals called 'Coles Kitchen'. Bolstering its convenience offer The new range sees 34 new products added to the retailer's ready meal category and includes products covering Italian, Indian, Asian and Australian cuisines. They join the growing range of convenient food-to-go and food-for-later meal solutions that Coles is looking to develop across its s...
03 June 2020
Coles has launched a new online payment method inconjunction with its loyalty scheme partner Flybuys. A more seamless checkout experience Flypay is a new digital payment solution that allows shoppers to more seamlessly pay for their goods, but also ensure that they collect points at the same time. The payments system was co-developed by Coles and Bell Identification, a Visa business. Flypay...
01 June 2020
Coles has launched a new promotional mechanic in its stores called Best Buys, similar to the successful Special Buys run by Aldi. Best Buys available in 28 stores The Best Buys campaign has been launched in 13 Coles stores in Victoria and 15 in Western Australia, offering homeware items up to 80% off the original price. Items on sale include cookware, electrical kitchen items, dog beds and ...