COLES GAINS MARKET SHARE DESPITE COMPETITION

SYDNEY, Australia (FNS) -- Coles supermarkets achieved the strongest sales growth in the company's food and liquor division during the year, reflecting an increase in market share over the year of slightly under 1%, Coles Myer here reported earlier this month.Despite increasing price competition, supermarket retail margins remained stable over 2000, due to continued focus on operating efficiencies,

SYDNEY, Australia (FNS) -- Coles supermarkets achieved the strongest sales growth in the company's food and liquor division during the year, reflecting an increase in market share over the year of slightly under 1%, Coles Myer here reported earlier this month.

Despite increasing price competition, supermarket retail margins remained stable over 2000, due to continued focus on operating efficiencies, reduced wastage and inventory levels, and improving labor productivity, the company sa

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