Coles investment in supply chain boosts company revenue

In the supermarket giant’s full-year results released today, Coles’ has reported profit growth for the first time in four years. Net profit from continuing operations rose 7.1 per cent to $951 million. Coles credits its performance to pop-up distribution centres, stock replenishment system and advanced data analytics.

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Coles and Woolworths crack down on empty supermarket shelves

Supermarket giants have reintroduced product buying restrictions following a resurgence in panic buying across stores in Melbourne, ramping up safety measures across Victorian distribution centres. Woolworths doubled its online capacity and Coles repurposed a supermarket in Coburg as a pop-up fulfilment centre.

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