Bowser sales pump Coles
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SHARES in Coles Myer raced to another record high yesterday as chief executive John Fletcher forecast double-digit sales growth for 2004-05 after a barnstorming start to the financial year.
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Demand and supply levels still not matched Nintendo has sold more than 105,000 Wiis in the UK since the games console went on sale over here first thing last Friday morning. According to the videogames pioneer, punters took possession of 50,000 Wiis during the first 12 hours it was available.â¦
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ALAN KOHLER: We&#39;re now halfway through Coles Myer&#39;s ambitious five year plan but this week&#39;s record profit announcement produced little more than a yawn from the market, grumbling that it has already priced in the good news.
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Australian retail giant Coles Myer launched a 1.18 billion dollar (861 million US) bid for pub and liquor store group ALH, trumping a lower offer by rival Woolworths.
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The retailer cited increased sales from its expanding Hollister Co. chain that cater to teens and its abercrombie stores for children.
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Wesfarmers Ltd. , which owns Australia's largest hardware chain, has agreed to buy retailer Coles Group Ltd.  for A$20.7 billion ($17.7 billion) in cash and stock, in the country's biggest takeover.
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Australian retail giant Coles puts itself up for sale, saying it expects to be worth more than $14bn.
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SYDNEY (Dow Jones)--Coles Myer Ltd. (CML.AU) blinked first in the bitter and expensive battle for a sliver of Australia&#39;s A$11 billion retail liquor market, handing victory to arch rival Woolworths Ltd.
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Coles Myer Ltd., Australia&#39;s biggest retailer, said full-year profit rose 44 percent after boosting sales, cutting costs and increasing earnings at its department stores.
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The UK's leading supermarket chain sees sales, excluding petrol, rise by 7.6% over the Christmas holiday period.
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Revenues at online retailer Amazon.com get a boost from sales of the latest Harry Potter book.
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Philip Green yesterday set his Bhs empire the goal of increasing sales by Â£250m as he announced plans to spend Â£20m on &quot;freshening up&quot; its 50 biggest stores over the next six weeks.
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Australia&#39;s largest retailer Woolworths said Monday it would make an offer for some of the non-supermarket businesses of its biggest rival, Coles, which has put itself up for auction.
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Giant retailer Coles Myer has lifted its bid for pubs group Australian Leisure &amp; Hospitality (ALH) to Aust. $1.32 billion ($978 million) in an attempt to secure a knockout victory over arch-rival Woolworths.
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WOOLWORTHS yesterday hit back at rejuvenated competitor Coles Myer with a 13 per cent jump in full-year net profit and a belief it can replicate the performance in the coming year.
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Internet retailer Amazon.com have reported record holiday sales, coaxed by hot demand for electronic consumer goods such as the Apple iPod music player.
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WOOLWORTHS has bounced back from its 12-month sales slump, yesterday producing a better than expected lift in food and liquor sales as it appeared to win customers away from rival Coles Myer in Victoria.