Coles: $1bn net profit as food inflation soars, Shoplifting in supermarkets, cost of living crisis
2023-08-23
Supermarket giant Coles has confirmed an emerging trend of shoplifting across the country, as inflated prices push more people to take desperate action. On Tuesday, the retailer posted a $1.1bn net profit for the 12 months to June 2023, up 4.8 per cent on its 2021-22 profit result. Despite consumersContinue Reading