Coles Group Limited history, profile and corporate video
Coles Group Limited is an Australian retailer headquartered in Melbourne, Victoria, Australia. The first Coles store was opened in April 1914 by George J. Coles in Smith Street, Collingwood, Victoria.
By the mid-80s, Coles established liquor interests under Liquorland and Vintage Cellars. Coles also acquired Bi-Lo, a specialty fashion chain, and the department store chain, Myer Emporium Ltd. Group.
In July 1985, Coles Myer Ltd. was established.
In 1993, Coles launched the flybuys program, enabling customers of Shell, National Australia Bank and Coles Myer to earn points towards free air travel simply by shopping.
In 2004, Coles established a nationwide network of Coles Express service stations.
In 2006, Coles sold Myer and returned to the heritage as primarily a food retailer.
In 2007, Coles was acquired by the Australian company Wesfarmers.
In 2018, Coles Group was spun-off from Wesfarmers and became a standalone publicly listed company on the Australian Securities Exchange.
BUSINESSES
Coles Supermarkets
Coles is a national supermarket retailer operating more than 800 supermarkets.
Coles Online
Coles Online offers a choice of home delivery, including same-day and overnight drop and go services, or pick up from Click&Collect locations.
Coles Liquor
Coles is also a national liquor retailer with 900 stores trading as Liquorland, Vintage Cellars, First Choice Liquor, and First Choice Liquor Market.
Coles Express
Coles Express is one of Australia’s largest fuel and convenience retailers, with over 700 sites across Australia.
Flybuys
Flybuys is one of Australia’s most popular loyalty programs.
Coles Financial Services
Coles Financial Services provides insurance, credit cards and personal loans.
With over 118,000 employees and more than 2,500 retail outlets nationally, Coles Group Limited is considered one of the largest retailers in Australia. According to Forbes, it is considered one of the Top 2000 Largest Public Companies in the World.
*Information from Forbes.com, Wikipedia.org, and www.colesgroup.com.au.
**Video published on YouTube by “CBAustralia“.