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Coles revenue up amid positive supermarket, liquor sales growth

Inside Retail

Coles booked higher revenue in the first half, thanks with both supermarket and liquor sales increasing. The supermarket and liquor retail operator’s revenue grew 3.7 billion, with supermarket turnover up 4.3 billion with net profit down 2.2 per cent to $23.04 per cent to $20.63 billion and liquor sales up 0.8

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Woolworths and Coles drew consumer ire for cost-of-living pressures in 2024

Inside Retail

Woolworths and Coles, Australias supermarket goliaths, have gone from Covid-19 heroes to cost-of-living villains in the last two years. billion that cut net earnings to just $108 million. billion net profit for the last financial year, with a year-high share price of $19.40 billion, but booked provisions worth $1.6

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Analysis: Coles, Woolies’ shrinking product ranges are all about the bottom line

Inside Retail

Retailers have long been obsessed with expanding their product ranges product diversification and line extension have been critical for supermarkets to keep pace with online marketplaces like Amazon. However, Australias leading supermarkets are changing tack. To be clear, there is no set target on this at all. per cent to $1.45

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What Big C’s two-speed model says about value and convenience retail

Inside Retail

People on a budget, as many of Big C’s customers are, know they can get just about anything in one its massive hypermarkets at a value-oriented price. Meanwhile, Lotus’s has a clear competitive advantage in fresh food at its small formats with their strong assortment of fresh meat, fruit and vegetables. Gross margin was 18.1

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For Thai retailers CP Axtra and Big C, new stores and fresh food drive growth

Inside Retail

Note that although Makro is billed as a wholesaler, its customer base includes an enthusiastic consumer segment that prefers the Makro bulk-buy experience and uses it as an alternative go-to for products it cannot get at a regular supermarket. The gross profit margin on sales for the three company segments improved to 14.9

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Thai hypermarket Big C boosts profits with fresh food focus

Inside Retail

Still, it’s understandable given that Thai consumers continue to balk at spending while many of them are still heavily in debt. Sales growth is coming mostly now from store expansion rather than productivity improvement, and profit growth from cost control and efficiency improvements. Gross margin held steady at 17.5

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Supermarkets and ARA defend industry after ACCC inquiry findings

Inside Retail

The nations largest supermarket groups and the Australian Retailers Association leapt the the industrys defence in the wake of the Australian Competition & Consumer Commission (ACCC)s much-anticipated Supermarket Inquiry on Friday. per cent and Woolworths of less than three cents in the dollar have remained stable.