This weekend only. $10 off for when you spend $150 or more in one transaction.
$10 OFF When You Spend $150 or More @ Coles from 9th to 11th December
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less than 10% = NO
should be in forum!
more info… online, instore?
link to advert?I can save more than that by shopping at the Queen Vic market and not shopping at Coles. And I don't have to spend $150 to do it.
If you honestly think Coles are giving away $10 just for spending $150 you are living in a dream world. They make that back ten fold by jacking up prices here and there by a few cents at a time just so you don't notice. and let's not even start on what they've done to petrol prices. In my view these guys are worse than the banks in how the screw over consumers.
I hope you are not one of the masses who sit and listen to rubbish shows like today tonight etc that bash the supermarkets saying how they make exhorbitant amounts of money.
In retail terms the big supermarkets run on very low returns. Based on operating revenue they only return roughly 3% Ebit on sales. It is only due to the sheer volume of sales that go through the tills that gives them a decent $$ return.
There are thousands of other business that return far more than 3% of collected sales yet we dont bash them.+1 vote for the deal.. If you already shop with coles then great, you get an extra 10%. If you dont then, use the great work that the others on Ozbargain do about posting the supermarket deals and pick your specials and hopefully get to $150 to get your extra discount.
Very well said.
elguapo is obvious misinformed.Track down a recent English BBC Panorama program on price gouging in the English supermarket system. We mirror those guys, albeit a few years behind. Then come back and tell me I am misinformed. And no I don't watch hardly any commercial television. I am smart enough to make my own mind up and form my own opinion using information from a variety of sources, Today Tonight and ACA not being one of them though.
The two major supermarket chains make exorbitant amounts of money. No, I don't watch Today Tonight. In fact, I don't often watch television. But I do read extensively, and I also listen to ABC radio, which recently discussed some of the latest supermarket tactics for ensuring they get the biggest cut of any profit to be had (including packaging their own brands to look like competitors', auctioning shelf space, insisting that suppliers tell them what they'll be charging for a year in advance etc.).
Yes they run on fairly low returns. They also do everything possible to boost those returns at the expense of everyone else in the chain from farmer to customer. And at the expense of competition. Just because they have low return on sales doesn't mean they don't make plenty of money for the shareholder, and the two major supermarket chains are quite comfortable as long as there's no real competition thanks all the same.
EBIT (and more commonly EBITDA) is just one number that sometimes assists in assessing a company's performance. It is by no means the only, or necessarily the most useful, number when deciding how valuable a company's shares are - especially when people take it out of context.
Any questions?
All hail Aldi?
On a side note — in a week or so, try finding someone with a Coles discount card. It's usually 5% off purchases at Officeworks, Target, Kmart and obviously Coles, but for ~1 week it's 10% off purchases. It's not unusual for people to buy $400 worth of Christmas groceries, so $40 is better in your pocket than theirs :P
Are you offering :)
Not after I got told off helping "friends" last year :(
I'll let OzBargain know when the 10% discount is activated though!
wish woolworths did something like this
spent $170 on things for christmas pudding and general supplies. hardly looks like anything once its unpacked into the fridge and cupboard :(. I remember $100 would get you a full basket of groceries to last a week
good if you are going to spend $150 anyways
Do you need a coupon? Can't find anything about this deal on their website.
Also, I only buy things on special from Coles and Woolies. I consider this is their normal price.
Is this a bargain???