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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.

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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...
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...
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...

Presentations

11/12/2020
The impact of the COVID-19 pandemic on global food-to-go trends
05/08/2020
David Jones is on a drive to bring an improved premium food offering to Australian consumers. We visited two of its first stores in Melbourne in early 2020; its standalone convenience store in South Yarra and its first store on a BP forecourt in Bayside Gateway, to better understand the offer and what the potential is for David Jones to inject innovation into the Australian convenience sector.
16/03/2020
This guide to South Africa explores the key trends in grocery retail, the outlook for the market over the five year forecast period and the growth strategies of country’s leading retailers.

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