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Coles (ASX:COL) share price on watch after COVID costs hit earnings

The Coles Group Ltd (ASX:COL) share price will be on watch today after the supermarket giant released its half year results. ....

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Earnings wrap: Alumina, AMA Group, ARB, AUB, Cochlear, Coles, Costa, Deterra, Estia, G8 Education, HomeCo Daily Needs, Hub24, Humm, Ingenia, Johns Lyng, Jumbo Interactive, Judo Bank, Macquarie Telecom, Macmahon, Monadelphous, Nanosonics, Perenti, RAM Essential, Regis Resources, Seven Group, Superloop, Uniti, Virtus, Whispr

Earnings wrap: Alumina, AMA Group, ARB, AUB, Cochlear, Coles, Costa, Deterra, Estia, G8 Education, HomeCo Daily Needs, Hub24, Humm, Ingenia, Johns Lyng, Jumbo Interactive, Judo Bank, Macquarie Telecom, Macmahon, Monadelphous, Nanosonics, Perenti, RAM Essential, Regis Resources, Seven Group, Superloop, Uniti, Virtus, Whispr
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

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Telstra (ASX:TLS) and this dividend share have been named as buys

Telstra (ASX:TLS) and this dividend share have been named as buys
fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.

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Coles charts the rise of omnichannel shopping


By
Kate Weber
on Feb 17, 2021 12:55PM
Looks to make improvements to tap into increased consumer spend.
Coles Group has revealed that omnichannel customers - those that shop both in-store and online - spent 2.1 times more with the company than those who shop only one channel.
In its half-year results on Wednesday, e-commerce chief executive Ben Hassing said that “omnichannel customers spent 2.1 times more in total with Coles than did customers that only shopped online or those that only shopped in Coles stores during the most recent quarter.
This is why having an omni-channel approach is an important part of the strategy, Hassing said. ....

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