What is ColesOnline?
ColesOnline is an Australian e-commerce website operated by Coles Supermarkets. It is the second largest supermarket chain in Australia, offering food such as fresh food, dry goods and liquor. The website first accepted user orders in 1999, and its delivery order addresses only covered Sydney and Melbourne.
ColesOnline's development history:
In 1900, Sidney and ElconMyer rented a small shop together, which marked 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, with the company renamed Kos Mayer Co., Ltd.
On January 27, 1986, the company established a new trademark. Within a year, Kosmayer purchased 36 restaurants. Annual sales of more than $10 billion, net profit of $179 million, 139,243 employees, and 1,518 retail stores;
In 1987, the company's shares were listed on the London Stock Exchange; the waratah became the company's logo; the South Australian supermarket chain, BI-LO, was acquired;
In 1988, Cosmeyer's shares were listed on the New York Stock Exchange. The company sold the footwear store FaysandEzywalkin to PaylessShoesPty;
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 center with a leasing company; and co-founded a shopping center with a mutual life insurance company at a cost of US$220 million;
In 1993, 38.1% of the shares were sold; 4 infant toy superstores were established; on August 12, a 5-year investment plan of US$4.15 billion was formulated, including: building 421 new malls, renovating 1,136 malls, and constructing 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, Koss acquired Newmart Pty Ltd. On November 30, Myer opened its first sports goods store.
On January 1, 1997, Dennis Eck became CEO of Cosmeyer; Cosmeyer established a new power company; Cosmeyer established Australia's first supermarket service center;
In October 2008, Coles Online delivery was expanded to Newcastle and Canberra, and later to Brisbane and the Gold Coast.
Covering the Sunshine Coast in February 2009.
In October 2009, Queensland surpassed New South Wales and Victoria to become the company's largest retail market.
In April 2009, the company's distribution coverage extended to Perth.
In June 2009, it became the number one food retailer and launched online shopping services in Adelaide.
Services were provided to Hamilton Island in mid-2009.
Since 2010, Coles has launched a number of animal welfare and responsible sourcing initiatives, including phasing out sow manure from pig farms, offering hormone-free beef and committing to cage-free Coles-branded eggs.
Coles will continue to support the growth and innovation of Australian businesses following the establishment of the A$50 million ColesNurture Fund in 2015.
In March 2018, Wesfarmers announced its proposal to demerge Coles, which provided an exciting opportunity for Coles to become a standalone public company on the Australian Stock Exchange.
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