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Australian Supermarket Coles Reports 30 Percent Surge in Online Sales

Coles is continuing to invest in AI and cloud platforms to roll out new technology.
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Australian Supermarket Coles Reports 30 Percent Surge in Online Sales
Shoppers check out at a Coles supermarket in Sydney, Australia, on March 16, 2018. William West/AFP via Getty Images
Monica O’Shea
Updated:
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Australian supermarket Coles has reported a 30 percent growth in online supermarket sales, and 9 percent increase in digital liquor sales.

The grocery giant reported a net profit after tax (NPAT) of $1.1 billion (US$646 million) in the 2024 financial year, 2.1 percent higher than 2023.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
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