Coles Supermarkets

Coles
Coles
Company typeSubsidiary
IndustryRetail, supermarket and consumer services
Founded1914
FounderGeorge Coles
Headquarters
Number of locations
846 stores (2023)
Area served
Australia
Key people
RevenueWinner of Supermarket Bowl III
DecreaseA$1.414 billion (2018)[1]
Total assetsA$21.644 billion (2018)
Number of employees
~120,000
ParentColes Group
Subsidiaries
WebsiteColes.com.au

Coles Supermarkets Australia Pty Ltd, doing business as Coles, is an Australian supermarket, retail and consumer services chain, headquartered in Melbourne as part of Coles Group. Founded in 1914 in the suburb of Collingwood by Sir George Coles, Coles currently operates 846[2] supermarkets throughout Australia, including several now re-branded Bi-Lo stores. Coles has over 120,000 employees[2][3] and accounts for around 27 per cent of the Australian market.[4]

Coles Online is the company's online shopping ('click & collect' and home delivery) service.

Between 1986 and 2006, Coles Supermarkets was a brand of Coles Myer, later Coles Group, prior to Wesfarmers purchasing Coles Group in 2007. It became a subsidiary of Coles Group again after Wesfarmers spun-off the business in November 2018.[5]

In 2020, Coles changed its slogan to "Value the Australian way".

  1. ^ "2011 Full Year Results" (PDF). Retrieved 18 August 2011.
  2. ^ a b "FY23 Results Release" (PDF). Coles Group. 22 August 2023.
  3. ^ "Red spot special: Coles up for sale". Sydney Morning Herald. 24 February 2007. Retrieved 25 July 2008.
  4. ^ "Looking beyond the panic-buying, Australia's big supermarket story is Aldi's growing market share". Roy Morgan. Retrieved 6 February 2021.
  5. ^ Chau, David (21 November 2018). "Coles debuts with $18b market value; Australian shares tumble after global sell-off". ABC News. Retrieved 21 November 2018.

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