In her first Annual General Meeting address Coles CEO and MD Leah Weckert has detailed new strategies for the business.
After leading the Coles Liquor business for over three years, Blackhurst has decided to return home to the UK.
A range of liquor stores and groups are celebrating with the LGBTQIA+ community around this year’s Sydney Gay and Lesbian Mardi Gras Festival.
Coles Liquor sales revenue increased 2.6 per cent to $759m for the third quarter.
E-commerce continues to be a driver of growth for Coles Liquor, as reported in its half year results.
Coles’ liquor sales revenue for the first quarter was $852m, and its online liquor sales grew by 80 per cent.
The vision is to become a simpler and more accessible, locally relevant drinks specialist.
Coles Liquor saw eight per cent annual sales growth in 2020 and 20 per cent in the last quarter.
Coles has reported sales growth for its third quarter, and says it expects elevated sales to continue.
Coles’ liquor sales growth has been impacted as a result of COVID-19 with margin deterioration also experienced.