Woolworths Holdings news 

16 July 2015
As Statistics South Africa announces retail trade data for May showing that in real terms sales rose 2.4% year on year and highlighting strong growth from hardware stores and specialised food and beverage retailers, and Massmart, Shoprite and Woolworths (South Africa) all release results, we round up their performance in the country and across the region. Shoprite sees strong growth across all...
09 July 2015
As Kenya-based Uchumi continues to examine its financial position following the exit of its chief executive and CFO, Pick n Pay’s partner in Zimbabwe, the Meikles Group, announces strong full year results and South Africa-based Woolworths is rumoured to be looking at improving its food offer in Australia, we round up the news from the region. Pick n Pay sees good growth in Zimbabwe Zimbabwe...
15 January 2015
South Africa-based retailers Massmart and Shoprite have published trading statements for different time frames, with Massmart reporting that sales rose 10.4% in the year to 28 December and Shoprite saying that turnover rose by ‘ about ’ 12.5% in the six months to December 2014. Massmart performance driven by Massbuild division The retailer said that during the 52 weeks to 28 December 2014, ...
26 November 2014
As Botswana-based Choppies and South Africa-based Shoprite set out their expansion plans, South Africa’s Woolworths and Pick n Pay highlight the benefits of buying locally, especially in fresh, and Masssmart announces plans for click and collect lockers, we round-up news from the region. Massmart-owned Makro looks at online fulfillment options Makro has announced that it has entered into an...
14 November 2014
As SPAR Group announce its results, Massmart’s Makro announces plans to trial click and collect lockers and Pick n Pay and Woolworths (SA) discuss expansion outside their home markets, we round up news from South Africa’s grocery retailers. SPAR (SA) sees sales grow 15% in FY results SPAR has announced full year results for the year ending September 2014 saying that turnover rose 15% to ZAR...
17 July 2014
After retailers like Pick n Pay and SPAR South Africa announce expansion plans and Massmart and Woolworths (SA) discuss their sales performance, we round-up the news from the region. Massmart sees sales grow in H1, driven by non-food banners In the retailer’s first half of its financial year, Massmart said that total sales had risen by 10.2% to ZAR35.7 billion (US$3.3 billion), driven by co...
11 April 2014
Speaking at the Reuters Africa Investment Summit in Johannesburg South Africa-based Woolworths’s head of international operations, Paula Disberry, has set out the retailer’s medium term expansion plans for sub-Saharan Africa. Retailer aims to add 15 stores Disberry said that Woolworths was aiming to open 15 stores in sub-Saharan Africa, including in Kenya, Mauritius and Namibia, during the ne...
09 April 2014
South Africa-based Woolworths has announced that it will acquire Australia-based department store chain David Jones for ZAR21.4 billion (US$2.0 billion). Acquisition will create ‘ a leading southern hemisphere retailer ’ Woolworths, in its statement announcing the acquisition, said that the purchase of David Jones will create a ‘ leading southern hemisphere retailer with pro-forma combined FY...
21 February 2014
The latest news from leading players in the region: South Africa-based Shoprite and Woolworths, Botswana’s Choppies and Kenya-based Nakumatt. Shoprite signs up dunnhumby South Africa-based Shoprite has announced that it has signed a multi-year contract with Dunnhumby. The agreement will see dunnhumby apply its customer centricity solutions across Shoprite’s grocery businesses to help Shoprite...
16 January 2014
South Africa-based Woolworths has announced a trading update for the 26 week period ending December 2013, saying comparable sales rose 8.8%. Positive results across all operations Woolworths said that in its home market food sales grew by 15.3%, aided by prices rising 7.2%, while comparable sales grew by 11.8%. In its operations outside South Africa the retailer said that it had grown its sel...