Coles posts $511m half-year profit

Coles Group has reported a $511 million half-year profit, down 11.3 per cent, as it faces a Federal Court battle over alleged misleading “Down Down” discounts. Amid scrutiny from the consumer watchdog, the supermarket says artificial intelligence will play a central role in reshaping its sales strategy, with executives outlining plans to use AI to better target promotions and rebuild customer trust.