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Home World Australia

Coles boss Leah Weckert says shoppers feeling more optimistic but still cutting back on takeaways, treats

25 August 2025
in Australia
0
Coles boss Leah Weckert says shoppers feeling more optimistic but still cutting back on takeaways, treats
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Coles boss Leah Weckert noted that while shoppers are feeling optimistic due to interest rate cuts, cost-cutting behaviors persist, with consumers prioritizing value and utilizing loyalty points. Coles reported a 1.8% revenue increase to $44.5 billion, driven by a 4.3% rise in supermarket sales, and announced a final dividend of 32ยข per share despite a 3.5% decline in profit.

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Tags: bossBusinessColesCuttingfeelingLeahMarketsNewsoptimisticRetailshoppersTakeawaysThe NightlytreatsWeckert
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