date:Jul 27, 2012
The Wesfarmers-owned Coles Supermarket group has seen a sales growth of 3 per cent over the last quarter of the financial year ended June 30 2012, beating rival Woolworths for a twelfth straight quarter on sales growth.
Wesfarmers managing-director Richard Goyder attributed the rise to the investment in value options for households.
Coles achieved total food and liquor sales growth of 4.6 per cent for the year and comparable sales growth of 3.7 per cent. The result was driven by sustained strong