Business

Coles plans for Sam’s Warehouse still unclear

UP FOR GRABS: The former Sam’s Warehouse site, which recently closed on Lower Dawson Road, is now vacant.
UP FOR GRABS: The former Sam’s Warehouse site, which recently closed on Lower Dawson Road, is now vacant. Chris Ison Rokcsams

RUMOURS are rife that Coles has the green light to snatch up the vacant Sam's Warehouse for another supermarket in south Rockhampton.

But this week those rumours were dampened.

A Coles spokeswoman told The Morning Bulletin that the supermarket giant was assessing Sam's Warehouse to see if it was suitable to upgrade and renovate.

She said no decisions about the site had been made.

"With any potential developments, we want to ensure we work with the local community and with the council to provide a great supermarket, which creates local jobs, offers excellent value and supports Queensland food producers," she said.

Coles was also making a play for a new north-side shopping centre at the old WIN TV location in Dean St.

However, the spokeswoman said the proposal for the WIN TV site was a matter for the developer, who was still waiting for feedback from Rockhampton Regional Council.

The supermarket giant makes $64 million in sales in the Rockhampton region with Woolworths raking in $187m (excluding Gracemere).

A report into the Dean St project says annual average sales per square metre for Coles in Rockhampton are $12,997 while for Woolworths it's $20,123.

It claimed Woolworth's sales were "over trading" at the top of an acceptable range of turnover while a good average per square metre was between $10,000 and $12,000.

Topics:  coles, supermarket




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

THE EXPERT: Stop judging working mothers

SUPER MUMS: Being a working mums comes down to perfecting time management.

"WORKING for money is all right; so is working because you want to.”

OPINION: How to prepare your child for day care

Your kids will love childcare, but it may take some adjusting.

GETTING your child ready for day care is vital.

MUMS' TOP 5: 'Musts' to have on your childcare checklist

SOME FALL SHORT: Organisations that train childcare workers will be subjected to extra audits.

SENDING your child off to day care can be daunting and confusing.

Health and nutrition with kids - how do you balance it?

HOW important is health and nutrition in your household?

Smack or no smack - where do you stand?

THE debate is reignited - is smacking acceptable?

Technology and kids: Do you ever cut their wi-fi?

Check out our new video series featuring mums having a chat

Rocky Relay for Life ambassador dies two weeks after event

NEVER FORGOTTEN: Andrew Stafford with mother Marie and father Gavin.

Over 250 family and friends recently paid tribute to the 29-year-old

Rocky champion competes in CQ’s first strongman competition

HEAVY LIFTING: Jarrod Earle was one of 17 local competitors who sweated it out this morning in the Tropical Strength event. 
 Photo Madeline McDonald / Morning Bulletin

Local gym builds interest in strongman sports with weekend event.

Coast guards called out to rescue after boats collide

Coast guards keep busy with a number of rescues over the weekend including a boat collision.

Cost guards called to a number of incidents this weekend

Latest deals and offers

Justice Lucy McCallum

Justice Lucy McCallum

Justice Lucy McCallum says she reduced Oliver Curtis's sentence due to comments...

Anthony Lynham on the Mount Morgan Mine

Queensland Minister for Natural Resources and Mines, Dr Anthony Lynham talks about...

Fitroy Basin River report 2014-5

Nathan Johnston announces the 2014-15 Waterway health report card at the Fitzroy...

Yeppoon up with the state's best as house prices rebound

Agent Adam Cook (right) says coast homes are now more affordable.

Capricorn Coast homes, once out of reach, are now more affordable

Is this state’s cheapest house?

BARGAIN BUY: Is this North Bundaberg property the cheapest home in Queensland?

Becoming a real estate mogul is all about risk and reward