Tag Archives: Steven Cain

Coles and Woolies release third-quarter results

Each of the ‘big two’, Coles and Woolworths, reported third-quarter growth in supermarket sales, according to their latest results. Coles says it delivered a “solid outcome”, while also enjoying growth in Coles Online of 27 per cent. Woolworths hailed its own “sales momentum” and, like Coles, clocked up impressive growth …

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Coles board takes shape ahead of demerger

Wesfarmers today confirmed it had made good progress with preparations for a demerger of its Coles division. It also announced a number of proposed non-executive director appointments to the board of Coles. The Coles demerger is expected to be completed in November 2018, subject to shareholder and other approvals. The …

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Coles to spin off from Wesfarmers under new leadership

Wesfarmers today announced its intention to demerge its Coles division, which is set to be led by current Metcash CEO of Supermarkets and Convenience, Steven Cain, later this year. The proposed demerger would see Coles’ supermarkets, online, liquor stores, fuel and convenience, financial services and hotel divisions operate as a …

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IGA celebrates barbecue season with film partnership

IGA is the major partner of the upcoming new Australian film, The BBQ, and is promoting its stores as the ‘go-to’ destination when planning a barbecue. The BBQ stars IGA ambassador Shane Jacobson who plays the role of Darren ‘Dazza’ Cook: a suburban everyman who finds his passion for the neighbourhood backyard …

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Mid-tier private-label brand for IGA

Shoppers at IGA stores will be offered “brand-quality products at compelling everyday low prices” with the new private-label Community Co range available in stores from December, according to wholesaler Metcash. The new range is so named because it will also make a positive contribution to the community, with a donation …

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