COL
Coles Group Limited.
Coles Group Limited is a leading Australian retailer specializing in fresh food, groceries, household goods, liquor, fuel, and financial services. The company operates through a network of supermarkets and online platforms, offering a comprehensive range of products to meet diverse consumer needs. Coles is known for its commitment to sustainability and community support, positioning itself as a re...
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Company Overview
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Coles Group Limited is a leading Australian retailer specializing in fresh food, groceries, household goods, liquor, fuel, and financial services. The company operates through a network of supermarkets and online platforms, offering a comprehensive range of products to meet diverse consumer needs. Coles is known for its commitment to sustainability and community support, positioning itself as a responsible and customer-focused retailer.
Company History
Coles Group Limited was founded in 1914 by George Coles in Collingwood, Victoria. Over the decades, it expanded its operations across Australia, becoming a household name in the retail sector. In 2007, Coles was acquired by Wesfarmers, which led to significant restructuring and modernization. In 2018, Coles demerged from Wesfarmers and became a publicly listed company on the ASX, focusing on enhancing its digital capabilities and sustainability initiatives.
Competitive Advantages
Coles Group's competitive advantages include its extensive network of stores across Australia, strong brand recognition, and a robust online shopping platform. The company's focus on sustainability and community engagement further strengthens its market position.
Risk Factors
- •Intense competition from other retailers
- •Supply chain disruptions
- •Economic downturn affecting consumer spending
Recent Developments
Last 6 months
In the past six months, Coles Group has focused on expanding its online grocery services and enhancing its sustainability initiatives, including reducing plastic waste and increasing energy efficiency in stores.
Key People
Leadership team at Coles Group Limited.
Steven Cain
CEO
Steven Cain has been the CEO of Coles Group since 2018, leading the company through its demerger from Wesfarmers and focusing on digital transformation and sustainability.
Leah Weckert
CFO
Leah Weckert serves as the CFO of Coles Group, overseeing the financial strategy and operations to support the company's growth and profitability.
Financial Reports
76 reports available
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