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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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Woolworths profit falls 20.6 per cent amid strikes, changing consumer habits

Inside Retail

Woolworths Group booked lower profit in the first half, attributed to the 17-day industrial action impacting its supermarket business last December and a trend of customers seeking more value when shopping. The group’s net profit fell 20.6 per cent to $1.45 billion.

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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. per cent to $739 million and earnings before interest and tax fell 14.2

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Victorian supply chain disruption drags Endeavour’s revenue, profit

Inside Retail

Endeavour Group’s net profit declined in the first half, impacted by the Victor ian supply chain disruption during the peak end-of-year trading period. The group’s net profit fell 15.1 per cent to $298 million while sales slid 0.7 per cent to $6.62 Retail sales declined 1.5 per cent to $5.5

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

Inside Retail

But it is also a retailer with a split personality, because while its hypermarket malls serve a clear purpose in their trade areas, its supermarkets and convenience stores don’t seem to achieve the same status, suffering from a lack of identity, differentiation and overall quality. Their stores tend to look fresher, too. 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. per cent, and net profit was 1.3 Big C has delivered net profit of 4.0

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