ARTICLES RELATING TO WOOLWORTHS

Woolworths finalises R9.98bn rights offer

2014-09-02 16:56

Woolworths has finalised the terms of a rights offer to raise nearly R10bn through 167.8 million new ordinary shares, says the company.

Woolworths plans R10bn rights offer

2014-08-29 14:12

Woolworths says it plans to raise R10bn through a rights offer to help repay financing for its acquisition of Australia's David Jones

Woolworths profit hit by David Jones costs

2014-08-28 10:36

Woolworths has reported a lower-than-expected increase in full-year profit, having been hit by costs related to its acquisition of Australia's David Jones.

Woolworths shuffles management in Australia

2014-08-12 17:04

There have been senior management changes in Australia that follow Woolworths' acquisition of David Jones and a minority interests in Country Road.

Israeli products to remain on shelves - council

2014-08-06 21:15
131 comments

The Consumer Goods Council of South Africa says retail stores will not remove Israeli imported products from their shelves.

Woolworths gets nod for Country Road buy-out

2014-07-25 09:17

Woolworths has received approval from the Australian Foreign Investment Review Board for its takeover offer for the remaining shares in Country Road.

SA stocks retreat from record highs

2014-07-17 19:30

South African stocks have retreated from record highs, unmoved by the SA Reserve Bank's rate hike decision as concerns about valuation weighed on sentiment.

David Jones shareholders back Woolworths bid

2014-07-14 10:14

Shareholders of iconic Australian retailer David Jones have approved Woolworths' $2bn takeover bid, voting to create a southern hemisphere department store giant.

Woolworths moves on Australia's Country Road

2014-06-24 08:49

Retail giant Woolworths has announced a bid to buy out Australian fashion chain Country Road as part of its plan to take over prestigious department store David Jones.

Big nod for Woolies' $2bn David Jones deal

2014-06-17 12:19

Shareholders of Woolworths have overwhelmingly backed the retailer's R21bn buyout of Australia's David Jones.

Woolworths gets nod for Australian takeover

2014-05-06 14:45

The upmarket Australian retailer David Jones says a takeover proposal from Woolworths has been approved by Australia's foreign investment review body.

Klein Rivier Cheesery takes the Cheese Makers' Challenge

2014-04-14 12:25

The 3rd annual Cheese Makers Challenge saw Klein Rivier Cheesery take the crown.

Woolies CEO: Department store isn't dead

2014-04-09 14:57

Woolworths boss Ian Moir says the retailer is buying David Jones to build a bigger brand and suggested that the future of department stores is still bright.

Labels to tell where meat came from

2014-03-31 13:20

A US court is allowing labels on meat products that say where the animals were born, raised and slaughtered.

Woolies posts profit amid consumer debt crisis

2014-02-13 09:27

Retailer Woolworths has reported a 17% rise in first-half profit as its customers splashed out on luxury goods, even as many consumers grapple with high debts.

Truworths honours Madiba by donating to hospitals

2013-12-13 13:23

Truworths has honoured the name of former president Nelson Mandela by donating R1.75m towards the refurbishment of a series of hospitals and healthcare clinics.

Retailers close shop for Madiba funeral

2013-12-11 15:37

Retailers Woolworths and Clicks have joined Massmart in closing all shops across the country for the funeral of Nelson Mandela in Qunu.

Woolworths pulling out of Nigeria

2013-11-07 12:56

As part of its strategy for increasing business in the rest of Africa, Woolworths is buying back certain franchises and has decided to pull out of Nigeria.

Woolies versus the underdog

2013-10-21 10:16

South Africa loves the underdog – so much so, in fact that we're willing to overlook the facts in our fervent support of the unfortunate canine, says Georgina Guedes.

Consumers happy with clothing retailers

2013-10-03 20:15

South African clothing retail outlets have scored a customer satisfaction rating of 82 out of 100, according to an index.

Woolies shoppers still splash out

2013-08-29 14:35

The current economic climate does not seem to deter consumers shopping at Woolworths, according to its CEO Ian Moir.

Woolies set to stop selling crayfish

2013-08-18 11:43

The sale of crayfish at certain restaurants and shops is under question as costs of the dwindling fish rise amid widespread poaching, a report says.

 

Protests against Woolworths Israeli trade

2014-09-01 15:56

Protests against Woolworths for having Israeli products on its shelves were organised by BDS SA at about 40 locations in SA.

Resources lead JSE lower

2014-08-28 14:21

Resources stocks have led the JSE lower for the second consecutive day, as the share prices of iron producers are hovering around record lows.

Cosatu to intensify Israeli goods boycott

2014-08-26 16:06

Cosatu has vowed to "intensify" mobilising South Africans to boycott companies trading with Israel and any goods imported from the country.

Woolworths expects Country Road completion soon

2014-08-08 11:12

Woolworths expects completion of the compulsory acquisition process of Country Road and its delisting to occur soon.

Gaza war results in boycott call at SA retailers

2014-08-05 12:13
177 comments

A campaign to boycott SA retailers that supply products sourced in Israel continues, despite many of the companies claiming that very few of their products are from the country.

Kalahari tops in online satisfaction

2014-07-18 18:15

South African online consumers have ranked Kalahari as the online retailer providing the best customer experience, according to a survey.

Court gives Woolies go-ahead on David Jones

2014-07-17 08:57

The Federal Court of Australia has approved Woolworths' takeover of David Jones, the South African retailer says.

Aus regulator worries about Woolies deals

2014-07-03 08:49

Australia's corporate regulator has expressed concerns about two takeovers bids by Woolworths, arguing they may benefit billionaire investor Solomon Lew unfairly.

JSE edges lower as platinum shares fall

2014-06-24 18:08

South African stocks have fallen for the second straight session, with platinum mining shares giving up some of the previous day's gains.

Woolworths has top reputation - survey

2014-05-14 19:00

The reputation of retailer Woolworths has strengthened this year, while other companies fared poorly, says an expert.

Increased holdings in Woolworths

2014-04-16 17:32

Accounts under management of Coronation Asset Management have increased the holding in Woolworths.

Woolies eyes African expansion

2014-04-11 14:47

Woolworths aims to open 15 stores in sub-Saharan Africa, including in Kenya, Mauritius and Namibia, in two to three years, a senior official says.

Woolies to buy Australian retailer David Jones

2014-04-09 08:46

Australian retailer David Jones has agreed to a takeover by Woolworths that values the company at US$1.9bn.

Woolworths deals with rBST issue

2014-02-21 17:02

Following discussions with the authorities, Woolworths is in the process of changing its packaging regarding rBST.

Woolworths' new on-pack recycling label

2014-01-28 16:34

Only about 10% of waste in SA was recycled in 2012 and the remaining 90% was disposed at landfill and to change this Woolworths is using a new recycling label.

Woolies records double-digit growth

2014-01-15 19:14

Woolworths have reported strong growth in food and clothing sales for the first half of the year, a sign that spending remains robust among wealthier consumers.

PnP donation to honour Madiba

2013-12-12 14:15

All profits made by retailer Pick n Pay on the day of Nelson Mandela's funeral will be donated to charitable causes, says CEO Richard Brasher.

Firms should be clever about social media, says insider

2013-12-03 12:20

Companies should use social media to engage with customers individually rather than as simply another marketing channel, a reputation manager has asserted.

Woolworths fights back in hummingbird row

2013-10-22 12:37

The buzz about Woolworths' use of a hummingbird design is continuing on social media and the media, and the retailer has now tried to set the record straight.

SA firms to drive down energy costs

2013-10-17 14:20

The rising cost of energy and tighter competition has spurred some large companies to examine energy efficiency as a business advantage.

SA must do more to look after water, says WWF

2013-09-13 13:01

South Africans need to do more to conserve water resources as the country will feel the impact of water usage, particularly as climate change and poor management affect supplies of drinking water, the WWF has said.

Woolies mulls ending rock lobster sales

2013-08-20 07:19

Woolworths is thinking of phasing out the sale of West Coast rock lobster which is fast being depleted, and not crayfish as was erroneously reported.

Sun shines on solar as costs increase

2013-07-31 08:02

The rising cost of electricity supplied through the national grid has made solar technology an attractive option.

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