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Coles is continuing to invest in AI and cloud platforms to roll out new technology.
Despite this, A2 Milk recorded a strong result with a 7.7 percent boost in net profit after tax.
Cost of living and high interest rates remained an issue for some customers and also businesses.
The ASX’s performance follows in the wake of the U.S. market last week.
The store closures will occur in Japan and France.
The bank’s share price rose 0.36 percent on the market on Feb. 21.
