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By 1973, Coles had established stores in all Australian capital cities. From 1962, its supermarkets were branded Coles New World with accompanying Space Age-themed imagery. [9] In 1991, the stores were rebranded Coles Supermarkets and from 1998, simply as Coles. Coles headquarters site, adjacent to Toorak Road in Hawthorn East, Melbourne
Both Woolworths and Coles Supermarkets have come under scrutiny in 2023–2025 due to their alleged collaboration in price gouging. Together, the two form a duopoly in the Australian supermarket industry colloquially known as Colesworth. [ 75 ]
"Duopoly money : Coles, Woolworths and the price we pay for their domination". The Monthly. 103: 20– 31. August 2014. [3] Supermarket Monsters: The Price of Coles' and Woolworths' Dominance (2015) The Keepers: The players at the heart of Australian cricket (2015) Phillip Hughes: The Official Biography (co-authored with Peter Lalor) (2015)
Woolworths Food Company, or Woolworths FoodCo, is the division responsible for developing new product categories, improving fresh meat supply and processing facilities, and developing strategic sourcing relationships with Woolworths’ primary industry partners. [15] It produces the Woolworths 'Woolworths Own and Exclusive' Private label products.
Woolworths New Zealand Limited (formerly Progressive Enterprises) is the second largest grocery company in New Zealand (behind Foodstuffs), with revenue of NZ$6.2 billion for the year to June 2018. Alongside Foodstuffs, Woolworths NZ forms part of the New Zealand supermarket duopoly .
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 ...
The building formerly occupied by the original Coles Variety Store is now the location of a Woolworths outlet – the major competitor to Coles. Coles was run in succession by members of the Coles family from 1914 until the mid-1970s by the "famous five knights", brothers Sir George, Sir Arthur , Sir Edgar, Sir Kenneth and Sir Norman – known ...
A duopoly (from Greek δύο, duo ' two '; and πωλεῖν, polein ' to sell ') is a type of oligopoly where two firms have dominant or exclusive control over a market, and most (if not all) of the competition within that market occurs directly between them. Duopoly is the most commonly studied form of oligopoly due to its simplicity.