Woolworths was founded by Max Sonnenberg in 1931 officially opening the doors of the first store in Adderley Street, Cape Town on October 31st. His belief, that success lay in providing customers with superior quality merchandise at reasonable prices, has been instrumental in establishing Woolworths as one of South Africa’s leading retail chains.
Today, Woolworths is a South African retail chain that extends, through franchise partnerships, throughout Africa and into the Middle East, trading through more than 1400 stores. Woolworths Holdings influence also extends to Australia with a majority share in the Australian retail chain, Country Road.
• Contribute R3.5billion to our communities
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• Halve our energy impact by 2020 and source all our energy from renewables by 2030
• Responsible sourcing of all key commodities
• Have at least one sustainability attribute for all directly sourced products
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Woolworths CEO receives R190m since disastrous deal Down Under
01/10/2019 - 09:22
Despite spearheading an ill-fated foray into Australia, Woolworths CEO Ian Moir pocketed R23m in the past year. This brings his total earnings over the past five years to R191m.
Woolworths trials innovative 'circular economy' inspired paper shopping bags
02/09/2019 - 14:30
In its ongoing commitment to phase out single-use plastic shopping bags by 2020, Woolworths has announced its first trial of specially-designed paper bags for fashion, beauty and homeware purchases.
Woolworths cuts final dividend by a quarter as CEO moves to Australia
29/08/2019 - 09:13
Woolworths has cut its final dividend to shareholders by a quarter after a write-down against troubled Australian chain David Jones dragged the high-end retailer to another annual loss.
Woolworths customer wins R1 million grand prize
21/08/2019 - 10:43
Woolworths Financial Services (WFS) is pleased to announce the winner of its Woolies Millionaire competition. The lucky winner received R1 million in a campaign that ran from 10 May to 30 June 2019, targeted at both new and existing credit card customers.
Ackermans, Truworths and Pep lead in customer satisfaction rankings
19/08/2019 - 08:36
Consulta has released its latest South African Customer Satisfaction Index (SA-csi), showing which clothing stores have the highest customer satisfaction ratings.
SAFW competitions offers entry into fashion industry
19/07/2019 - 08:41
It opened the door for David Tlale to showcase his designs at New York Fashion Work, Mmuso Maxwell to supply his garments to retail giant Woolworths and Clinton Lotter to take his work to the UK. Now, South African Fashion Week (SAFW) is once again looking to grow the fashion and creative industry by opening it to emerging designers.
Woolies, Anglo, Sappi stock in demand
15/07/2019 - 16:26
Woolworths Holdings' (Woolies') share price gained a solid 12.8 percent last week after it announced a turnaround at its fashion, beauty and home business this year. The group, one of many local retailers to struggle in Australia and which also trades in 11 countries in sub-Saharan Africa, still relies on its home market for 71 percent of operating profit.
Woolworths shares hit six-month high on solid sales growth
11/07/2019 - 13:57
The retailer’s food business has bolstered results amid an upturn in the fashion, beauty and home segment.
Woolworths partners with Government to launch their first intake from the YES youth initiative programme
28/06/2019 - 09:21
Woolworths is pleased to announce the official launch of its first intake of candidates from the Youth Employment Services (YES) programme, a government-led partnership with business, labour and civil society which aims to empower one million young South Africans by offering paid, quality work experience.
Woolworths Beauty goes 100% vegan
25/06/2019 - 09:08
Woolworths is driving the vegan lifestyle into the mainstream in South Africa with its announcement that its WBeauty ranges are 100% vegan. This is in step with worldwide trends, where more and more consumers are turning to veganism, which excludes the consumption of all animal products and products with animal-derived ingredients, as a more ethical lifestyle that is gentler on the Earth.