June 18 (Reuters) - Coles Group Ltd (COL) , Australia's second-biggest grocery chain, unveiled a planned A$1 billion ($685.40 million) in cost savings by financial year 2023 on Tuesday, as the company looks to technology to cut costs.
The supermarket sector is battling intense competition, squeezed by rising costs and lower consumer spending. ($1 = 1.4590 Australian dollars)
- Forums
- ASX - By Stock
- COL
- News: COL Australia's Coles looks to technology to cut $685 million in costs
COL
coles group limited.
Add to My Watchlist
0.38%
!
$23.97

News: COL Australia's Coles looks to technology to cut $685 million in costs
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$23.97 |
Change
0.090(0.38%) |
Mkt cap ! $32.15B |
Open | High | Low | Value | Volume |
$23.77 | $24.06 | $23.67 | $37.00M | 1.545M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 943 | $23.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$24.02 | 448 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 943 | 23.940 |
1 | 50 | 23.900 |
1 | 45 | 23.890 |
1 | 2500 | 23.860 |
1 | 2500 | 23.830 |
Price($) | Vol. | No. |
---|---|---|
24.050 | 1415 | 2 |
24.070 | 943 | 2 |
24.090 | 8584 | 1 |
24.100 | 1926 | 4 |
24.110 | 4732 | 1 |
Last trade - 16.10pm 15/09/2025 (20 minute delay) ? |
Featured News
COL (ASX) Chart |
The Watchlist
FBM
FUTURE BATTERY MINERALS LIMITED
Nick Rathjen, MD & CEO
Nick Rathjen
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online