Woolworths Holdings news 

As Shoprite and Massmart-owned Game discuss new store openings in Kenya, Jumia and Vivo Energy announce a tie up between the two companies and South Africa-based Woolworths releases a trading statement, we round up news from the region. Shoprite to open first store outside Nairobi… As it continues its expansion in the country, Shoprite will open its first store, and its third overall, outsi...

South Africa-based Woolworths has announced plans to open its first standalone food store in South Yarra, Melbourne through its ownership of Australia-based David Jones. Woolworths has said the store, which will open in 2019, will be a premium convenience store measuring 500 sq. m. The retailer said it plans to open several more standalone food stores over the coming years across Australia. ...

As Woolworths closes more of its Thomas Dux stores, David Jones is set to invest AU$100m in rolling out a new premium format over the next few years. Thomas Dux brand being phased out Woolworths continues to close down its small premium chain of Thomas Dux store, with two of its stores in Sydney, at Paddington and Mona Vale, closing down over the past few weeks. The two stores will be re-la...

South Africa-based Woolworths has opened a new store concept under the Now Now brand. The retailer has said that Now Now is designed to meet customers' meal on-the-go needs. The outlet has been opened in the retailer's flagship Longmarket Street store in Cape Town. More Now Now stores are expected to open across South Africa in the short term. How it works Now Now can be accessed via an ...

As South Africa-based retailers Massmart, Shoprite and Woolworths publish trading updates, we round up how they have performed. Shoprite enjoys strong growth in H1 Shoprite said that in the 26-week period to 25 December, total sales rose by 14.0% to ZAR71.3 bn (US$5.3 bn), aided by like-for-like growth of 8.6%. The retailer said that it remained pleased by the performance of its operations ...

With our team of analysts visiting over 20 countries in 2016, we’ve identified the top stores you should visit in the year ahead to see some of the key trends shaping format development in the sector, including: The development of new offers and services Investment in new channels  The re-purposing of space to ensure the future relevancy of existing stores Here’s our first ins...

As South Africa-based Pick n Pay and Woolworths launch initiatives to improve the in-store shopping experience, Kenya-based Nakumatt and Uchumi face up to differing challenges and SPAR Nigeria launches an programme to support SME’s, we round up news from the region. Pick n Pay launches contactless payment As part of its ongoing programme to improve and modernise the shopping experiences for...

As SPAR South Africa releases preliminary annual results, Woolworths announces a trading update and Pick n Pay sets out investment plans, we round up news from the country. SPAR (SA) boosted by Irish operations SPAR South Africa announced annual results saying revenues rose 24.5% to ZAR92.2 bn (US$6.5 bn), while operating profit increased by 12.3% to ZAR2.58 bn (US$181.0m). By geographical se...

Following Shoprite’s full year results statement, South Africa-based Massmart and Woolworths have announced half year and full year results respectively. Woolworths’ FY growth driven by food… Despite highlighting the challenging market backdrop in both South Africa and Australia, Woolworths said group sales rose 16.4% to ZAR72.1 bn (US$5.1 bn). In its home market Woolworths said its perform...

As Botswana-based Sefalana positive results and confirms its short term strategic initiatives, OK Zimbabwe verifies its challenging 2015/16 financial year and South Africa-based Woolworths prepares to launch its food offer in Australia, we round up news from the region. Woolworths (SA) builds foundations for food offer in Australia South Africa-based Woolworths appears to be forming its in...