Coles’ liquor sales growth has been impacted as a result of COVID-19 with margin deterioration also experienced.
Tag: Coles
Retailers rebound on ASX
Following a COVID-19-led crash in the ASX on Monday retailers have rebounded as panic buying sets in.
Private label continues to drive Coles Liquor growth
Exclusive liquor brand sales have continued to grow for Coles Liquor, particularly in the wine category, but liquor EBITs are down.
‘Margin pressure’ hinders Coles Liquor result
Half yearly earnings in the liquor division are expected to be down.
Retail Drinks announces CUB as new Corporate Member
Retail Drinks has made two key announcements to kick off 2020.
Coles Liquor revenue up 3.5 per cent
Coles’ first quarter results have shown increases in both revenue and sales helped by First Choice.
Revenue and earnings increase for Coles Liquor
Liquor sales revenue for Coles was $3.1bn for the year up 1.9 per cent while EBIT increased by 8.4 per cent with private label brands helping to drive the group’s growth.
First Choice Liquor Market wins at ARA Awards
Coles’ new store format First Choice Liquor Market was awarded Best Store Design and Fit-Out.
‘A whole new world ahead’ for Coles Liquor
Coles CEO details the supermarket’s refresh strategy which includes developing the own brand offering in the liquor business, more personalisation and a renewal program across all banners.
Liquor Market boost for Coles Liquor
Sales at stores converted to Liquor Market brand are growing by almost double the rate of unconverted stores.