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Coles is a national supermarket, department store. liquor, fuel and convenience retailer in Australia. As of September 2013, Coles operated 756 full-service supermarkets, 810 liquor outlets, 92 hotels, and 636 fuel and convenience stores. Wesfarmers bought Kmart and Target when they bought Coles. Coles employs more than 105,000 staff. [13]
In September 2008, the Court ordered Coles to sell the business, which it did in early 2009. [19] In August 2006, Coles announced that a group of private equity companies led by Kohlberg Kravis Roberts & Co. (KKR) was looking to buy the company, with an initial proposal of $14.50 per share. The Coles board rejected the offer stating it ...
Old Liquorland logo. Coles Supermarkets established interests with its expansion into liquor in 1981, with the acquisition of Liquorland and Vintage Cellars. [4] [5] In November 2007 Wesfarmers acquired the Coles Group and as a result the separate Coles division was formed, but was again demerged on 21 November 2018.
Australia's Wesfarmers Ltd (WES.AX) plans to spin off its supermarket chain Coles and list it on the country's stock exchange, as fierce competition forces the retail giant to shed low-margin ...
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In June 2021, the Endeavour Group was listed as a separate entity on the Australian Stock Exchange. [40] BWS – Liquor stores mostly co-located with the company's supermarkets. Cellarmasters – Online wine business; Woolworths Limited bought the company in 2011. [41] Dan Murphy's – Large liquor barns often referred to as Liquor Supermarkets.
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Between 1986 and 2006, Coles Supermarkets was a brand of Coles Myer, later Coles Group, prior to Wesfarmers purchasing Coles Group in 2007. It became a subsidiary of Coles Group again after Wesfarmers spun-off the business in November 2018. [6] In 2020, Coles changed its slogan to "Value the Australian way".