Coles (ASX:COL) records 6.1pc sales decrease in the March quarter
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Supermarket giant Coles (COL) has recorded a sales decrease of 6.1 per cent for the March quarter as the negative impact of COVID-19 continues
However, liquor and Coles Express sales increased 2.6 per cent and 7.4 per cent, respectively
Total revenue for all three sectors totalled nearly $8.76 billion, down from $9.22 billion in the prior corresponding period
Due to social distancing and store closures, eCommerce sales increased 5.5 per cent in Q3, up from a 5.3 per cent growth in Q2 FY21
The supermarket is aiming to deliver zero greenhouse gas emissions by 2030 and have its entire business using 100 per cent renewable electricity by the end of FY25