Coles says supply chain issues ‘enormous’
Coles chief executive Steven Cain says the unprecedented supply chain issues the supermarket is facing will take a couple of years to resolve.
retail
Petrol prices fall as job market tightens
Petrol prices are dropping below $2 while new job advertising figures suggest the unemployment rate could be in the low-threes by the end of this year.
Woolies profit down, food prices to rise
Woolworths has posted lower first-half profit while its boss is warning food prices will keep increasing due to inflation.
Costs weigh on Coles first half profit
Coles has delivered a two per cent drop in profit as higher costs and lower convenience store sales hit half-year results.
Record retail sales in December quarter
Easing of lockdown restrictions and a splurge by festive season shoppers have helped retail sales jump by a record 8.2 per cent in the December quarter.
SA abattoir defends handling of virus
The operators of an abattoir in SA's southeast have defended their handling of a coronavirus outbreak that spread from the local community to the facility.
Confidence drops on rapid Omicron spread
The ANZ-Roy Morgan consumer confidence index has dropped 2.2 per cent as a result of the rapid spread of the Omicron variant.
Woolies HY one of the ‘most challenging’
Woolworth says its stock flows and operating rhythm were rocked by the Delta coronavirus scare in the first six months of fiscal 2022.
Woolworths has one of its worst half-years
Woolworth says its stock flows and operating rhythm were rocked by the Delta coronavirus scare in the first six months of fiscal 2022.