Woolworths

South Africa's Shoprite Will Spend $440m To Support Market Share Growth

Shoprite plans to spend about 8.5 billion rand ($443 million) to increase supply chain capacity, add stores and strengthen its digital capability, Sou...

South Africa's Woolworths' Annual Profit Rises On Sales, Online Boost

South African retailer Woolworths has reported a nearly 15% rise in annual profit as promotional sales, online growth and lower debt offset the impact of p...

Australia's Woolworths Posts Profit Rise As Price Gains Offset Cost Hikes

Woolworths' underlying full-year profit has risen 4.6%, meeting analyst forecasts, as price increases by Australia's top grocer more than offset rising cos...

Top 25 Retailers In The World

Let’s have a look at the top 25 global retailers in terms of their revenue performance in 2022.

5 Trends Shaping Supply Chains In 2023

Kathleen McLoughlin, Senior Analyst, IGD, examines ways in which retailers and consumer goods firms can optimise their supply chains this year.

Australia's Woolworths Says Inflation Is Spurring In-Home Dining

Australian grocer Woolworths Group said an inflation-driven shift away from dining out was helping to lift sales, sending its shares higher after its half-...

Black Friday, Holiday Sales Spur Demand At South Africa's Shoprite

South Africa's biggest supermarket group Shoprite reported a 16.8% jump in half year sales, supported by a record Black Friday and festive season as both c...

South Africa's Woolworths To Sell Australia's David Jones

South African retailer Woolworths said that it has entered into an agreement to sell its Australian upmarket department chain David Jones to private equity...