Woolworths Holdings Stock

Woolworths Holdings Limited, an investment holding company, provides retail and financial services in South Africa. The company also has operations in Africa, Australia, New Zealand, and the Middle East.

Subsidiaries

The company operates primarily through two subsidiaries, Woolworths (Proprietary) Limited (Woolworths) in South Africa and Country Road Limited (Country Road) in Australia and through a joint venture Woolworths Financial Services (Proprietary) Limited (Woolworths Financial Services).

Woolworths

Woolworths is a retail chain of stores operating under the Woolworths brand name throughout South Africa and through franchise operations in South Africa and selected African countries, as well as in the Middle East. Woolworths offers customers a selected range of clothing, food, and general merchandise. Woolworths has 250 corporate and 160 franchise stores throughout South Africa, Africa and the Middle East.

Woolworths Financial Services

Woolworths Financial Services is jointly operated with Absa Group Limited and provides customers with a credit offering to assist them to purchase merchandise in Woolworths stores.

Country Road

Country Road offers a select range of clothing and homeware through its own dedicated retail outlets and through concessions in large department stores in Australia and New Zealand. It offers a range of women’s and men’s clothing in South Africa through selected Woolworths stores. Country Road Limited has 67 retail stores and 82 concession retail outlets across Australia and New Zealand.

History

Woolworths Holdings Limited was founded in 1931.