Australian court finds grocery chain Coles misled shoppers in discount lawsuit
SYDNEY, May 14 (Reuters) - Australia's No. 2 grocery chain Coles COL.AX engaged in misleading conduct by increasing the price of hundreds of household items then advertising discounts that were higher than the original price, a court found on Thursday. (Reporting by Byron Kaye; Editing by Christian Schmollinger) ((byron.kaye@thomsonreuters.com; +612 9171 7541; Signal: byronkaye.01;))
Recent news on Coles
See all newsInflation tailwind for Australian supermarkets as cost pressures build, Jefferies says
Australia's Coles falls on trading ex-dividend
Australia's consumer stocks lag in August earnings season, Jefferies says
Citi, Jefferies upbeat on Australia's Coles on mitigated impact from Woolworth's Disney campaign
Australia's Coles falls on smaller-than-expected supermarkets growth at start of FY27