WOOLWORTHS NEWS ON FASTMOVING

Simon Susman, the Woolworths chairman, is the latest big businessman to put the cat among the government pigeons by suggesting that the labour market environment is too constraining.  read more

Johannesburg - South African clothing retail outlets have scored a customer satisfaction rating of 82 out of 100 according to the South African Customer Satisfaction Index (SAcsi). read more

Upmarket property manager, JHI Properties said the property market is performing well with very few vacancies available. read more

Highlights • Turnover up 23.2% • Profit before tax up 27.1% • Headline earnings per share up 27.3% (52 weeks: 25.3%) • Return on equity up from 46.4% to 49.7% • Cash dividend of 148 cents declared  read more

A surge in Woolworths’ sales, which bucked the weaker sales growth trend of ailing local retailers, was because the food and fashion retailer was not dependent on credit like its competitors, analysts have said.  read more

South African mobile operators and banking institutions top the list of South Africa’s most valuable brands, according to a new report. read more

Johannesburg - Woolworths Holdings gained the most in a week after reporting an acceleration in full-year sales. read more

Cape Town - Woolworths Holdings [JSE:WHL] will cut its prices by up to 30% from August in a bid to gain market share in Africa, The EastAfrican reported. read more

For many young people, fashion sense is what gives them status and dignity. With the diverse clothing lines and brands to choose from, every one of them is able choose a certain brand that they can identify with. David Motawana, or 'Di' has launched a clothing line in Botswana that many of the fashion conscious in Botswana will surely identify with.  read more

VENTURES AFRICA – A new $93million first class shopping mall- The West Hills Mall- under construction in west Accra is expected to be ready by October 2014.  read more

Achieving consistent growth in spend and a devoted shopper base, Nicolway Bryanston Shopping Centre has made its first year of trade, and its unusual concept, a success story. read more

For the President of DMSRetail West Africa, Joseph Ebata, the retail sector in Nigeria has witnessed a huge growth, despite the challenges bedeviling it. read more

Johannesburg - Popular supermarkets including Pick n Pay, Shoprite, Woolworths and Spar have responded to a City Press report that identified them as stocking incorrectly labelled meat products. read more

Cape Town - A steadfast commitment to exceptional quality, service and big dreams has allowed a startup company to turn their dreams into reality by manufacturing and supplying luxury paper bags for Country Road and Trenery - brands owned by Woolworths Holdings [JSE:WHL].  read more

Johannesburg - Woolworths Holdings [JSE:WHL] is experiencing a shortage of chicken at various stores across Gauteng following a disruption to the municipal water supply in Potchefstroom, where several of its suppliers are based. read more

Johannesburg - Retailer Woolworths Holdings [JSE:WHL] reported a 21% rise in first-half profit chiefly as a result of contributions from its recent acquisition in Australia. read more

Johannesburg - Shares of Woolworths Holdings [JSE:WHL] surged more than 4% on Wednesday after the retailer said it expects first-half profits to rise by as much as 24%. read more

Johannesburg - The JSE closed Tuesday’s session in the red with platinums making gains due to potential supply constraints‚ while retailers took a beating on market expectations that retail earnings could be lower than previously expected. read more

South Africa’s Woolworths will hold a 51 per cent stake in a joint venture it has formed with Kenya’s Deacons, giving it control in the operations of the new company. read more

Woolworths Holdings (WHL) on Thursday said group sales for the first 20 weeks of the 2013 financial year increased by 15.9% over the comparable period in 2012. Sales in comparable stores grew by 9.9%. read more

South African retailers are expected to enjoy a better Christmas this year, thanks to easy credit and low interest rates. read more

Sunripe, a closely held East African grower that supplies U.K. supermarkets such as Waitrose Ltd., Asda Stores Ltd. and Tesco Plc (TSCO) with avocados and mangoes, is looking for investors to expand its business and help it keep up with increasing demand. read more

Article reference: Union threatens Woolworths with court “Woolworths has been engaged in discussions with a small group of 593 employees (less than 3% of all our employees) and proposed a variety of options to address our requirements to trade long hours.  read more

A union has threatened to take Woolworths to the labour court after the giant retailer put some of its employees on forced leave. read more

While online sales still account for a very small proportion of its overall turnover, retailer Woolworths is gearing up towards a change in the online landscape. read more

Johannesburg - Retailer Woolworths Holdings [JSE:WHL] slightly beat forecasts with a 24.2% rise in full-year profit on Thursday, helped by share buy backs and resilient demand for its upscale grocery products. read more

On average half a million shoppers passed through the doors of the new Nicolway Bryanston Shopping Centre during the firsts few months of trade. read more

Australian retail mogul Solomon Lew has lashed out at Woolworths, accusing the South African company of using the planned acquisition by Country Road of fashion group Witchery to force him out of Country Road, legal letters revealed yesterday.  read more

Shoprite, the sponsor of the Woman of the Year competition, has announced the appointment of its first female director. Anna Mokgokong, who has a medical degree, is the co-founder and executive chairwoman of Community Investment Holdings and was South African Business Woman of the Year in 1999. read more

Johannesburg - Retailer Woolworths Holdings [JSE:WHL] announced on Wednesday that its indirectly-held subsidiary‚ Country Road‚ has entered into an agreement to acquire the Witchery Group from Gresham Private Equity for A$172m. Witchery is one of Australia’s leading fashion brands. read more

Major local and international leading retail names have expressed confidence that Mall of the North, will be a significant driver for their growth adding more shopping variety to the region's super shopping centre in Polokwane, Limpopo.  read more

The share price of upmarket retailer Woolworths slipped as much as 3% yesterday after the group released a tepid sales update that fell short of the market’s expectations. read more

JSE-listed Woolworths on Friday failed to shed any further light on a possible transaction between Gresham Private Equity and its Australian subsidiary, Country Road.  read more

Cape Town - The expansion of South African based retailer Woolworths into the rest of the African continent has opened new doors for African entrepreneurs including a family-owned and run shopfitting business based in Ottery in the Western Cape.  read more

Woolworths is passionate about the environment and, like many South Africans, we’re concerned about the impact of overfishing in our own waters as well as the global impact of overfishing. We’ve partnered with the Marine Stewardship Council and are proud to offer the widest range of Marine Stewardship Council certified fish in South Africa, from fresh lightly smoked mackerel and canned sardines to a wide variety of frozen hake. read more

SA’s supermarket chains were becoming increasingly aware of the importance of maintaining the health of SA’s, and the world’s, fish stocks and would soon demand Marine Stewardship Council (MSC) accreditation for the fish products they sold, the World Wide Fund for Nature SA (WWF SA) said yesterday. read more

Woolworths has saved itself about R80m since 2007 by adopting "sustainability initiatives" such as energy efficiency, and plans to save R100m more this way by 2015, says the retailer’s sustainability head Justin Smith.  read more

South African retailers continue to pique the interest of foreign buyers, with the Government of Singapore Investment Corporation acquiring a stake in Spar. read more

SA retailers are aware that local consumers are becoming more cyber-savvy and are upgrading their online shopping capabilities in response, but they still have some way to go. read more

Woolworths expects to more than triple the proportion of sales it derives from African countries north of the borders within seven years as it taps a growing middle and upper class. read more

Clothing retailers have beat market expectations in the past year, improving performances and margins through supply chain efficiency, but how sustainable is this growth as consumers come under increased pressure? read more

Durban - It might seem rather strange, but your Woolies veggies may well have been grown at Durban airport.  read more

SA’s top companies have experienced a battering in their reputations this year, a survey showed, but clothing and food retailer Woolworths emerged with the most robust reputation score, despite a controversy involving the alleged misuse of the intellectual property of a small ginger beer maker earlier in the year. read more

One of Engen Petroleum Limited’s most popular urban 1-Plus service stations, Engen Oranjezicht in Cape Town, is again open to the public following a four-month makeover.  read more

Local high-end retailer Woolworths came one step closer in its bid to lure what CEO Ian Moir calls "trolley shoppers" away from rival Pick n Pay by opening its first supermarket on Friday.  read more

For global retailers looking to secure long term growth and diversify their source of income, setting up an African strategy is key.  read more

The joint venture partnership between one of Nigeria’s long standing conglomerates, Chellarams Plc, and Woolworths of South Africa, after a thorough assessment of the Nigerian market, has resulted in the establishment of Woolworths biggest retail outlet in Ikeja, Lagos worth over N200 million. read more

A wait-and-see approach should be applied to gauge the performance of international clothing labels as more foreign stores were making their way to the South African market, retail analysts said last week.  read more

One of the most popular reality food shows in the world is finally coming to SA! MasterChef SA will premiere on M-Net at 7.30pm, Tuesday 20 March. It will bring together some of the country’s best amateur cooks to compete for the title of MasterChef South Africa – and they’ll be cooking with Woolworths food. This means foodies at home will have access to the same ingredients as the contestants, so they an cook up a storm at home, too! read more

Woolworths Holdings Ltd. (WHL) plans a “big” acceleration in floor-space growth in the second half of the fiscal year, as the South African food and clothing retailer opens its first supermarkets. read more

Woolworths Holdings (WHL) on Thursday reported a 35.9% rise in diluted headline earning per share to 131.3 cents for the 26 weeks ended December 2011 from 96.6 cents previously. read more

High-end retailer Woolworths will be opening 10 new bigger-format supermarkets in the medium term, CEO Ian Moir said yesterday, the first of which will be on William Nicol Drive in Bryanston, Johannesburg, the street where competitor Pick n Pay has set up its premium offering. read more

Woolworths Holdings on Thursday reported a 35.9% rise in diluted headline earning per share to 131.3 cents for the 26 weeks ended December 2011 from 96.6 cents previously. read more

Companies looking to trade within the Southern African Development Community (SADC) need deep pockets, plenty of patience and excellent organising skills to keep track of all the required paperwork. read more

The retail environment in SA will see big changes within the next year or so, experts say. The cellphone will be at the centre of the revolution.  read more

Despite only being asked to remove the "Good Old-Fashioned" slogan from its range of soft drinks, Woolworths has decided to remove the entire product range from its shelves, CEO Ian Moir said yesterday. read more

Cape Town – South Africa's major retailers have risen in the rankings of the 250 global companies. Shoprite Holdings [JSE:SHP] still leads the local choir at No 92. This can be seen in Deloitte’s latest annual global retail report, Global Powers of Retailing 2012: Switching Channels.  read more

JOHANNESBURG (Reuters) - Buoyed by irrepressible optimism about emerging markets growth, South African stocks have posted a solid comeback since early August, climbing about 18 percent and hitting record highs in the last week. read more

Woolworths on Tuesday reported an 11,4% rise in sales for the first 26 weeks of the 2012 financial year compared with a year earlier. read more

Small caps starred on the JSE last year, with the AltX 15 showing the best performance of indices with more than one share, with a total return for the year of 42,6%.  read more

South Africans spent about R2,6bn online last year, 30% more than in 2010, research from World Wide Worx shows. read more

Woolworths is adamant that it will continue selling a range of drinks it is accused of copying from small-scale soft drinks maker Frankie’s, pending an enquiry by the Advertising Standards Authority of SA.  read more

As competition intensifies in SA, local retailers have looked offshore for growth and many have also understandably set their eyes on the rest of Africa.  read more

Johannesburg - The chief executive of Woolworths Holdings [JSE:WHL] isn't worried about losing market share to Walmart in Africa, as he targets the continent's rising wealth with fashionable clothing and high-end food. read more

South Africa's Woolworths continues its bull run, jumping 2 percent to 40.84 rand. read more

Jupiter Drawing Room in Cape Town has been notified that as of the end of January, Woolworths will no longer be doing business with them. read more

Shares in Woolworths fell more than 2% yesterday after the food and fashion retailer reported disappointing sales growth in its clothing unit as well as poor volume growth in its first five months of trading in its full year. read more

The South African Plastics Recyclers Organization (SAPRO), with the support of Plastics|SA and various role players, announced the winners of the annual “Best Recycled Product Competition” at a gala awards dinner held at the Midrand Conference Centre in mid-September.. read more

Woolworths has achieved 6th place overall among the largest 300 companies in BRICS countries after an independent verification of greenhouse gas emissions and our disclosure of emissions.  read more

Johannesburg - Retailer Woolworths Holdings has reported group sales increased 9.4% for the year ended June 26 2011, with sales in comparable stores up 6.3%. read more

Shares of South Africa's Woolworths drop 2.6 percent as the retailer enters a closed period in which it will repurchase ordinary shares worth up to 500 million rand ($73.48 million). read more

Earlier this week we were fortunate enough to interview James House, CEO of 5one. In our discussion he divulged how Pick n Pay’s Smart Shopper programme will affect suppliers. We also explored topics such as, who the global players are in customer loyalty and 5one’s impact and plan in South Africa. Click through to read the full interview.  read more

Johannesburg - Retailer Woolworths Holdings [JSE:WHL] posted a 25% rise in full-year profit, helped by a recovering demand in Africa's biggest economy and said it expects a slow recovery ahead. read more

Johannesburg – Retail group Woolworths Holdings [JSE:WHL] appears to have regained sales momentum on the back of improved consumer spending and better product offering - but conditions remain tough for its Australian business. read more

South African retailer Woolworths said on Wednesday it expects its full-year earnings to rise by up to 55 percent, helped by recovering demand in Africa's biggest economy. read more