Coles Group

Coles Group
Company typePublic
IndustryConsumer staples
PredecessorsColes Myer Ltd
Wesfarmers (spun-off)
Founded9 April 1914; 110 years ago (1914-04-09)
Collingwood, Victoria
Headquarters800 Toorak Road, Hawthorn East, Victoria, Australia
Key people
  • James Graham​ (chairman)[1]
  • Leah Weckert​ (CEO,​ managing director)[1]
ProductsRetail and consumer services
RevenueIncrease A$43.68 billion (2024)[2]
Increase A$11.39 billion (2024)
Increase A$1.118 billion (2024)
Total assetsIncrease A$19.87 billion (2024)
Total equityIncrease A$3.62 billion (2024)
Number of employees
Decrease 115,000 (2024)
Subsidiaries

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 Supermarkets, and the sale of liquor through its Coles Liquor 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 1986 to 2006, Coles Group was owned by Wesfarmers from 2007 until 2018, when it was spun-off, with it once again listed as an independent public company on the Australian Securities Exchange, containing Coles Supermarkets, Coles Online, Coles Express, Coles' liquor division, Coles' financial division, and Flybuys.[3]

  1. ^ a b "Board of Directors". Coles Group. Retrieved 23 October 2019.
  2. ^ "Coles Annual Report 2024" (PDF). Coles Group. 27 August 2024.
  3. ^ Chau, David (21 November 2018). "Coles debuts with $18b market value; Australian shares tumble after global sell-off". ABC News. Retrieved 21 November 2018.