Coles' profit growth dips again as it seeks to avoid mistakes of UK grocers | News | Retail Week UAT

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Coles' profit growth dips again as it seeks to avoid mistakes of UK grocers

By Emily Chudy2015-02-23T13:46:00

Australian grocer Coles first half profit growth has halved to 7.1% to $895m (£454m) compared to the same period two years ago as it seeks to avoid repeat mistakes made by the UK grocers. Richard Goyder, managing director of Coles parent company Wesfarm

Australian grocer Coles’ first-half profit growth has halved to 7.1% compared to the same period two years ago as it seeks to avoid mistakes made by UK grocers.