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Coles pockets $1 billion profit as Smarter Selling pays off

Inside Retail

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

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8 Effective Ways to Increase Profit Margins in Retail

V Count

Why Should You Care About Retail Profit Margins. Previously, customers used to shop for particular products at a variety of specialized stores. The ratio between a product’s cost base and its selling price is known as the profit margin. Increase Retail Profit Margin With These 8 Ways. Value pricing. Bundle pricing.