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Your Coles (ASX: COL) stock?This is the promotion of the latest supremacy of retailers

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NS Coles Group Co., Ltd. (ASX: COL) Stock prices fell one day on Tuesday. This was after the supermarket operator announced the launch of a new online marketplace offering exclusive internet-only transactions.

At Closing Bell, Coles shares were $ 17.52 per share, down 1.74%. Notably, its share has increased by about 6% since late September.

Coles undertakes Woolworths and Aldi on the “Best Buy” website

As the supermarket war intensifies, Coles Latest online platform Gain new market share.

This website, labeled Best Buy, is aimed at consumers looking for discounted products that are not available in stores.

The exclusive range includes items from popular technology products to household items and appliances. The company aims to keep consumers intrigued by adding new products to the platform every Friday.

Under the Best Buys banner, all orders will be shipped free of charge and shipped directly from the supplier. This ensures that the product is in the hands of the customer more quickly.

Last month, rivals Woolworths Group Co., Ltd. (ASX: WOW) We have introduced our own online version called “Everyday Market”. This website contains over 20,000 products in various categories such as home, health and beauty, toys, books and pet care.

In addition, the German discount chain Aldi has begun offering some of its invaluable products in its online “Special Buys” section. Unique retailers have listed appliances and technology, sports and the outdoors, entertainment and hobbies, household and household items.

Coles Stock Price Summary

For the past 12 months, Coles shares have been on roller coasters, recording a slight increase of about 2%. Looking at the year-to-date, its share has fallen by 3%, highlighting uncertain economic activity.

Based on today’s price, Coles Market first It’s about $ 23.45 billion and I have about 1.33 billion shares on hand.

Your Coles (ASX: COL) stock?This is the promotion of the latest supremacy of retailers

Source link Your Coles (ASX: COL) stock?This is the promotion of the latest supremacy of retailers

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