Coles Group Limited is an Australian public company operating several retail chains. Its chief operations are primarily concerned with the sale of food and groceries through its flagship supermarket chain Coles, and the sale of liquor and petrol through its Coles Liquor and Coles Express outlets. Since its foundation in Collingwood, Victoria in 1914, Coles has grown to become the second-largest retailer in Australia after its principal rival Woolworths in terms of revenue.
Formerly known as Coles Myer Ltd. from 1985 to 2006, Coles Group was owned by Western Australian conglomerate Wesfarmers from 2007 until 2018, when it was spun-off, with it once again listed as an independent public company on the Australian Stock Exchange, containing Coles Supermarkets, Coles Online, Coles Express, Coles’ liquor division, Coles’ financial division and a half-share in FlyBuys, with former assets Kmart, Target and Officeworks remaining subsidiaries of Wesfarmers.
Traded as: ASX: COL
Industry: Consumer staples
Predecessors: Coles Myer Ltd Wesfarmers (spun-off)
Founded: 9 April 1914; 106 years ago Collingwood, Victoria
Headquarters: 800 Toorak Road, Hawthorn East, Victoria, Australia
Products: Retail and consumer services
Subsidiaries:
- Coles Supermarkets
- Coles Online
- Coles Liquor
- Liquorland
- Vintage Cellars
- First Choice Liquor
- Coles Express
- flybuys (50%)
- Coles Financial Services
Website www.colesgroup.com.au