Coles Group Ltd COL.ASX

Coles Group Ltd is a publicly-traded company in Australia that operates several retail chains. Its chief operations and core business focus is on the sale of food and groceries, as well as the sale of liquor and petroleum products. The services are delivered through Coles Supermarket, Coles Liquor and Coles Express.

Since its foundation in 1914, COL has expanded from being a variety store to being the first Australian supermarket chain with a comprehensive portfolio of leading retail brands. COL is currently headquartered in Melbourne and has operations throughout Australia and New Zealand. Across its network of 2,500 retail outlets, COL serves 21 million customers each week across Australia as of 2022.

In addition to retail grocery stores, liquor stores, and petroleum vendors, COL has also expanded into other business areas. They include Flybuys, a customer loyalty program, and Coles Financial Services, a financial services business providing insurance, credit cards and personal loans to customers in the Australian market. Coles Group Ltd is listed on the Australian Securities Exchange (ASX) under the ticker COL.

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