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AAP

Derek Rose

Liquor unit loses fizz as Coles refreshes supermarkets

Coles Woolworths Josh Gilbert Leah Weckert Australia

Coles plans to open about 45 new supermarkets and refurbish others. (Joel Carrett/AAP PHOTOS)

Australia's second-biggest supermarket chain is making a major investment in its store network.

Coles will open dozens of new grocery stores and refurbish existing ones while closing some of its underperforming liquor stores.

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