Coles’ half year profit slips 2.0 per cent

SYDNEY, AAP – Supermarket giant Coles has posted a 2.0 per cent drop in half year profit to $549 million, hit by higher costs due to the COVID-19 disruptions, and expenses of its transformation projects. Sales for the 27-week period to January 2 rose 1.0 per cent to $20.79 billion. Comparable sales also rose 1.0…