Coles Group (ASX: COL) was split from the broader Wesfarmers conglomerate (which owns Bunnings Warehouse) in November 2018 after 10 years of ownership. However, the Coles name has operated in Australia for 100 years. Today, Coles is one of the largest retailers in the country, serving 21 million customers per week across its supermarkets, Coles Express, Online, Vintage Choice and others.
Coles Group Limited (ASX:COL) has launched a new strategy to try to attract customer, boost its profit and grow the share price.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) rose by 0.09% on Monday.
One of the changes in the S&P Dow Jones Indices rebalancing is that Afterpay Touch Group Ltd (ASX:APT) is entering the ASX 100.
Coles Group Limited (ASX:COL) is cutting head office jobs in an effort to boost profit and the share price.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.18% at lunch.
Coles Group Limited (ASX:COL) has announced its sales for the March 2019 quarter.
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open lower today, the USA’s S&P 500 Index (.INX) went up by 0.47% on Friday.
Before buying Woolworths Group Ltd (ASX:WOW) shares I’d consider Coles Group Ltd (ASX:COL) shares on the basis of valuation.
At today’s price, is the Wesfarmers Ltd (ASX:WES) share price a buy?
