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IndustryAustralia

Woolworths & Coles Retail Media Earn $800M in Growth Surge

19 Dec 2023

Woolworths Group made $550 million from its retail media division (Cartology - Part of the Woolworths Group) in the past financial year and Coles Group retail media division (Coles360) earned $250 million according to Morgan Stanley. Other big players in the $1.2 billion retail media category are Amazon, Chemist Warehouse and Endeavour Group.

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