Woolworths Holdings news 

02 March 2021
Woolworths Holdings, the South African owner of David Jones in Australia, has announced that it is to close stores and focus its efforts on expanding its forecourt partnership with BP. Three stores to close in Melbourne In September 2020 the retailer expressed concern over the progress that its Australian food business was making and with many of its larger food halls located in department ...
01 March 2021
South Africa-based Woolworths has reported a positive trading update for the 26-week period ending 27 December 2020, with its performance driven by its food operations. The retailer said group sales fell by 0.5% at constant currency terms but rose by 5.3% excluding exchange rate effects. Woolworths said the results showed the ‘ improved trading momentum across all businesses over the final six...
23 November 2020
South Africa-based Woolworths has reported a 20-week trading update, saying group sales rose contracted by 2.0% in constant currency terms as restrictions implemented because of COVID-19 affected results. It said restrictions had caused lower footfall at stores that were open, while they led to unplanned store closures too. Woolworths Food remained resilient throughout… While Woolworths fac...
04 November 2020
Following updates from South Africa-based Woolworths and Walmart-owned Massmart, we round up news from the retailers. Woolworths SA invests in prices… Woolworths is to invest ZAR1.0 bn (US$61.4m) in prices over the next two to three years. ZAR750m (US$46.0m) will be invested in its food business and ZAR250m (US$15.3m) in its fashion business. In the first phase Woolworths will invest ZAR500...
31 July 2020
David Jones and BP have announced that they will convert an additional 21 sites to David Jones Food stores by the end of 2020. Further sites across Melbourne and Sydney David Jones and BP teamed up last year, with the first David Jones Food store on a BP forecourt opening in November 2019 at BP Bayside Gateway in Melbourne. Since then the retailer has opened 9 further sites in both Melbourn...
15 January 2020
South Africa-based Woolworths has appointed a new chief executive, Roy Enzo Bagattini. He will take charge of the company from February 2020. New chief executive joins from Levi Strauss Bagattini is presently executive vice president and president for Levi Strauss Americas. He oversees operations that generate about US$3.0 bn in revenues, which is about half of what Woolworths Holdings does...
29 November 2019
Following initiatives from South Africa-based Checkers, Pick n Pay, results from the same country’s Woolworths and reports of Carrefour’s market entry into Uganda, we round up news from the region. Checkers launches one-hour delivery option Checkers is set to introduce a one-hour delivery option under the Sixty60 brand name. Initially launched at selected stores in the Western Cape and Gaut...
20 November 2019
David Jones and BP have opened their first convenience store on a petrol forecourt in Bayside, Melbourne. A new offer for petrol forecourts David Jones announced in August that it would partner with BP to open David Jones branded stores on petrol sites in Sydney and Melbourne, with the store at Bayside on the corner of North Road and Nepean Highway marking the start of the partnership. Th...
07 August 2019
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...
12 February 2018
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. ...