date:Mar 26, 2013
edly expires in 2014 but can be renewed for a further 10 years. Under the terms of the lease as the landlord, Coles would have a right to inspect the stores sales records for the site, since part of the rental is based on a percentage of sales.
It is rumoured that the Coles surprise move included an element of revenge for the earlier Woolworth move that pushed Coles out of its Katoomba site in the Blue Mountains in late 2012. Woolworths bought the site in 2000. Coles had operated on that site f