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COLESGROUP DEF SET (ASX: COL) Share Price and News

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Coles Group Limited (COL, formerly Coles Myer Limited) is an Australian public retail company, providing customers with everyday products including fresh food, groceries, household goods, liquor, fuel and financial services via its store network and online platforms.

Originally Australia’s second largest retailer (behind Woolworths Limited) Coles was acquired by Wesfarmers in 2007. Coles Group was spun-off from Wesfarmers in 2018 and Coles shares re-listed on the ASX at that time. Coles Group includes Coles Supermarkets, Coles Express and Coles liquor division.

The Coles brand is a household name in Australia – as at 30 June 2018, Coles processed more than 21 million customer transactions on average each week and operated 2,507 retail outlets nationally.

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