USX:CLEGF - Coles Group Ltd Coles Group Ltd
Sector: Consumer Staples, Industry: Food Retail
Next Earnings: 25 Feb 2025
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USD 8.92    +0.0 (+0%)

30 Aug 2024


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General

Established: 1921

Country: AUS

City: Melbourne

Employees: 118000

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Description

Coles is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of over 1,800 stores and roughly 80% of Australian live within a 10-minute drive from a Coles store. The retailer employs some 120,000 people, who process 17 million individual customer transactions a week. This compares with Woolworths serving about 30 million customers per week from Australia's population of 25 million.

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