About Coles:
ColesMyer is listed on stock exchanges in Australia, London, New York and New Zealand and has more than 544,700 shareholders. Meanwhile, ColesMyer is the largest non-government organisation by number of employees, with more than 165,000 staff.
ColesMyer operates under the brands Bi-Lo Supermarkets, Coles Supermarkets, Coles Online, Coles Express Shell Service Stations, Harris Technology, Kmart, Kmart Tyre & Auto Service, Liquorland, Liquorland Direct, Megamart, Myer Grace Bros, Officeworks, Shopfast, Target, Theo's Liquor and Vintage Cellars.
ColesMyer is committed to becoming Australia's largest retailer and providing quality services to customers.
Coles' development history:
*In 1900, Sidney and Elcon Myer rented a small shop together, which became the beginning of Cosmyer. From 1900 to 1984, Coase and Mayer operated as two independent companies.
*On July 9, 1985, Kos proposed a merger with Mayer, and the merger was officially completed on August 6, and the company was renamed Kos Mayer Co., Ltd.
*On January 27, 1986, the company established a new trademark. Within a year, Kosmayer purchased 36 restaurants. Annual sales exceed $10 billion, net profit is $179 million, the number of employees reaches 139,243, and there are 1,518 retail stores.
*1987: Company shares floated on the London Stock Exchange; waratah becomes company logo; South Australian supermarket chain BI-LO acquired
*In 1988, Cosmeyer shares were listed on the New York Stock Exchange. The company sold its specialty shoe store Faysand Ezywalkin to Payless Shoes Pty.
*April 9, 1989 was the 75th anniversary of the company's parent company, GJ Coles & Coy Limited. In the same year, Cosmayer established a mail-order system.
*In 1990, the establishment of the EFTPOS system marked a new beginning for the company's retail business.
*In 1991, it was renamed Kos Supermarket.
*In 1992, it acquired 98 large fast food restaurants and Magnum Australia Pty Ltd; spent US$260 million to build a shopping mall with a leasing company; and co-operated with a mutual life insurance company to run a shopping mall at a cost of US$220 million.
*In 1993, 38.1% of the shares were sold; 4 children's toy superstores were established; on August 12, a 5-year investment plan costing US$4.15 billion was formulated, which included: building 421 new malls, renovating 1,136 malls, and building 12 major shopping centers.
* In 1994, the Myer chain store plan was established, and the first Myer store was to be set up in North Queensland; on June 15, the first office supply superstore was established in Richmond; on August 29, the first Chili's restaurant opened;
* In 1995, Kos Supermarkets acquired Pick'n'Pay hypermarkets.
*In 1996, Kos acquired Newmart Pty Ltd; on November 30, Myer opened its first sports goods store.
*January 1, 1997 Dennis Eck becomes CEO of Cosmeyer; Cosmeyer establishes a new power company; Cosmeyer builds Australia's first supermarket service center
*In 2009, Koss cooperated with China Toys Wholesale Network
This is the end of the knowledge about Coles in this issue. If you want to get more information about Coles, please pay attention and we will continue to answer you~
