← Home
🚀 Sign up Free for Company Insights & Valuation!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
Coles Group
Retail / Retail, Supermarket, Grocery, Consumer Goods
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Coles Group Limited is an Australian public company that operates several retail chains in the country, including Coles supermarkets, Coles Express convenience stores, Liquorland liquor stores, and several others. The company was founded in 1914 by George Coles and has its headquarters in Hawthorn East, Victoria.
Coles Group currently has over 2,500 stores across Australia and employs around 118,000 people. The company's main competitor is Woolworths Group, another major Australian retail chain.
The company's primary business is the operation of supermarkets, with Coles supermarkets accounting for over 60% of its revenue. It also offers a range of services, including financial products, insurance, and fuel through Coles Express.
Coles Group has a strong focus on sustainability and has set targets to reduce its carbon emissions, reduce food waste, and use sustainable packaging. The company has also been recognized for its commitment to workplace diversity and inclusion, with over 50% of its workforce being female and 16% identifying as Indigenous.
In 2018, Coles Group was acquired by Wesfarmers, a Perth-based conglomerate, but was demerged and listed as a separate company on the Australian Stock Exchange in 2018.
Overall, Coles Group is one of the largest and most successful companies in Australia, with a strong presence in the retail industry.
Coles Group currently has over 2,500 stores across Australia and employs around 118,000 people. The company's main competitor is Woolworths Group, another major Australian retail chain.
The company's primary business is the operation of supermarkets, with Coles supermarkets accounting for over 60% of its revenue. It also offers a range of services, including financial products, insurance, and fuel through Coles Express.
Coles Group has a strong focus on sustainability and has set targets to reduce its carbon emissions, reduce food waste, and use sustainable packaging. The company has also been recognized for its commitment to workplace diversity and inclusion, with over 50% of its workforce being female and 16% identifying as Indigenous.
In 2018, Coles Group was acquired by Wesfarmers, a Perth-based conglomerate, but was demerged and listed as a separate company on the Australian Stock Exchange in 2018.
Overall, Coles Group is one of the largest and most successful companies in Australia, with a strong presence in the retail industry.
What is special about the company?
1. Diversified Retail Business: The Coles Group operates in a diversified range of retail businesses including supermarkets, liquor, convenience stores, fuel, financial services and e-commerce. This allows the company to capture a larger share of the market and create multiple sources of revenue.
2. Strong Market Position: Coles Group is one of the largest and most established retail companies in Australia with a strong market position. It is the second largest supermarket chain and the largest liquor retailer in the country.
3. Trusted Household Brands: Coles Group owns and operates many well-known retail brands including Coles Supermarkets, Coles Express, First Choice Liquor, Liquorland, Vintage Cellars and flybuys. These brands are widely recognized and trusted by Australian consumers.
4. Focus on Sustainability: Coles Group has a strong commitment to sustainability and reducing its environmental impact. It has implemented various initiatives to reduce its carbon footprint, reduce waste and promote sustainable practices.
5. Innovation and Technology: The company has invested significantly in innovative technologies to enhance the customer shopping experience, improve supply chain efficiency and increase productivity. This includes self-checkout systems, e-commerce platforms and advanced logistics systems.
6. Strong Community Involvement: Coles Group is actively involved in supporting local communities through initiatives such as the Coles Community Food Box program, which donates surplus food to those in need, and the Coles Sports for Schools program, which provides equipment and resources for schools.
7. Employee Development: The company values its employees and invests in their development through training and career advancement opportunities. Coles Group has been recognized as a top employer in Australia, with a strong focus on diversity and inclusion.
8. Financial Stability: Coles Group has a strong financial track record and has consistently delivered solid financial results. It has a strong balance sheet and has consistently paid dividends to its shareholders.
2. Strong Market Position: Coles Group is one of the largest and most established retail companies in Australia with a strong market position. It is the second largest supermarket chain and the largest liquor retailer in the country.
3. Trusted Household Brands: Coles Group owns and operates many well-known retail brands including Coles Supermarkets, Coles Express, First Choice Liquor, Liquorland, Vintage Cellars and flybuys. These brands are widely recognized and trusted by Australian consumers.
4. Focus on Sustainability: Coles Group has a strong commitment to sustainability and reducing its environmental impact. It has implemented various initiatives to reduce its carbon footprint, reduce waste and promote sustainable practices.
5. Innovation and Technology: The company has invested significantly in innovative technologies to enhance the customer shopping experience, improve supply chain efficiency and increase productivity. This includes self-checkout systems, e-commerce platforms and advanced logistics systems.
6. Strong Community Involvement: Coles Group is actively involved in supporting local communities through initiatives such as the Coles Community Food Box program, which donates surplus food to those in need, and the Coles Sports for Schools program, which provides equipment and resources for schools.
7. Employee Development: The company values its employees and invests in their development through training and career advancement opportunities. Coles Group has been recognized as a top employer in Australia, with a strong focus on diversity and inclusion.
8. Financial Stability: Coles Group has a strong financial track record and has consistently delivered solid financial results. It has a strong balance sheet and has consistently paid dividends to its shareholders.
What the company's business model?
The Coles Group is a retail company operating primarily in Australia, with a focus on the sale of groceries and household products. The company operates a combination of supermarkets, convenience stores, liquor stores, and online grocery platforms. The company's business model is based on offering a wide range of high-quality, low-priced products to customers in a convenient and efficient manner.
The key elements of the Coles Group's business model include its strong brand reputation, its extensive network of stores, and its focus on customer service and convenience. The company also employs various strategies, such as regular sales and promotions, to attract and retain customers. Additionally, the company has a key focus on cost efficiency and supply chain optimization, which helps to keep prices low and maintain profitability.
In recent years, the Coles Group has also emphasized its commitment to sustainability and ethical sourcing practices as part of its business model. This includes efforts to reduce its environmental impact, support local and sustainable food production, and promote fair labor practices throughout its supply chain.
Overall, the Coles Group's business model centers on providing customers with a wide range of products at competitive prices, while also maintaining a focus on sustainability and responsible business practices.
The key elements of the Coles Group's business model include its strong brand reputation, its extensive network of stores, and its focus on customer service and convenience. The company also employs various strategies, such as regular sales and promotions, to attract and retain customers. Additionally, the company has a key focus on cost efficiency and supply chain optimization, which helps to keep prices low and maintain profitability.
In recent years, the Coles Group has also emphasized its commitment to sustainability and ethical sourcing practices as part of its business model. This includes efforts to reduce its environmental impact, support local and sustainable food production, and promote fair labor practices throughout its supply chain.
Overall, the Coles Group's business model centers on providing customers with a wide range of products at competitive prices, while also maintaining a focus on sustainability and responsible business practices.
Interesting facts about the company
1. Coles Group Limited is an Australian public company that operates in the retail industry, primarily in supermarkets and liquor stores.
2. The company was founded in 1914 by George Cole as a single store in Collingwood, Victoria.
3. In 1985, Coles was acquired by conglomerate Wesfarmers, and was rebranded as Coles Group Limited in 2006.
4. Coles is one of the largest retailers in Australia, with over 2,500 stores nationwide and a revenue of over $39 billion in 2020.
5. The company’s subsidiary businesses include Coles Supermarkets, Liquorland, First Choice Liquor, Coles Express, and Flybuys.
6. Coles was the first supermarket in Australia to introduce a customer loyalty program, Flybuys, in 1994.
7. In 2019, Coles announced a plan to become Australia’s most sustainable supermarket by offering more sustainable choices to customers, reducing waste, and increasing energy efficiency.
8. In 2020, Coles partnered with leading global food technology company Beyond Meat to introduce plant-based meat products to its stores.
9. Coles has a long history of supporting local communities through various initiatives such as the Coles Community Box, which donates unsold but still edible food to hunger relief charities.
10. The iconic Coles Little Shop promotion, where customers can collect miniature versions of popular grocery products, was a huge success for the company, selling over 30 million toys in 2019.
11. Coles has over 120,000 employees and was voted as Australia’s most trusted supermarket in 2020.
12. In 2020, Coles launched the Coles&co website, offering a range of products and services including online shopping, recipes, and financial services.
13. The company has also entered the financial services market, offering credit cards, insurance, and home loan products through Coles Financial Services.
14. Coles is committed to reducing its environmental impact and has set targets to reduce carbon emissions, water use, and waste sent to landfill by 2025.
15. Coles holds a significant presence in the Australian community and often partners with local schools, charities, and organizations to support various initiatives.
See Company Due Diligence:
2. The company was founded in 1914 by George Cole as a single store in Collingwood, Victoria.
3. In 1985, Coles was acquired by conglomerate Wesfarmers, and was rebranded as Coles Group Limited in 2006.
4. Coles is one of the largest retailers in Australia, with over 2,500 stores nationwide and a revenue of over $39 billion in 2020.
5. The company’s subsidiary businesses include Coles Supermarkets, Liquorland, First Choice Liquor, Coles Express, and Flybuys.
6. Coles was the first supermarket in Australia to introduce a customer loyalty program, Flybuys, in 1994.
7. In 2019, Coles announced a plan to become Australia’s most sustainable supermarket by offering more sustainable choices to customers, reducing waste, and increasing energy efficiency.
8. In 2020, Coles partnered with leading global food technology company Beyond Meat to introduce plant-based meat products to its stores.
9. Coles has a long history of supporting local communities through various initiatives such as the Coles Community Box, which donates unsold but still edible food to hunger relief charities.
10. The iconic Coles Little Shop promotion, where customers can collect miniature versions of popular grocery products, was a huge success for the company, selling over 30 million toys in 2019.
11. Coles has over 120,000 employees and was voted as Australia’s most trusted supermarket in 2020.
12. In 2020, Coles launched the Coles&co website, offering a range of products and services including online shopping, recipes, and financial services.
13. The company has also entered the financial services market, offering credit cards, insurance, and home loan products through Coles Financial Services.
14. Coles is committed to reducing its environmental impact and has set targets to reduce carbon emissions, water use, and waste sent to landfill by 2025.
15. Coles holds a significant presence in the Australian community and often partners with local schools, charities, and organizations to support various initiatives.
See Company Due Diligence:
Wait! There's more — sign up for free or log in