date:Apr 22, 2013
eflation of 1.3 per cent in the third quarter, with price deflation of 1.7 per cent recorded for the financial year to date.
Coles shares were up 23 cents, or 0.6 per cent, at $42.12 in morning trade.
The restructure and revival of Coles, once an underperforming supermarket group, continues to take shape as the junior supermarket in Australia steals the spotlight and customers from its much bigger rival Woolworths.
Coles remains in front of Woolworths in terms of sales growth. Last week Woolw