We believe Coles ... is of a scale where it should be operated and owned separately Wesfarmers MD Rob Scott Mr Cain is currently the head of supermarkets at Metcash, which supplies IGA supermarkets, and advised Wesfarmers on its takeover of the Coles Group in 2007. The news sent Metcash's shares more than 5 per cent lower to $3.01 in morning trade. The Coles spin-off will include Coles' 806 supermarkets, 894 bottle shops under the Liquorland, Vintage Cellars and First Choice Liquor brands, 712 Coles Express service station and convenience outlets, Coles Financial Services, which sells credit cards and insurance, and its 88 hotels, which are mostly in Queensland. More to come