Woolworths SA: latest retail news, insights and analysis | ESM Magazine

S.Africa's Woolworths Scraps 2020 Dividend As Coronavirus Hit Deepens

South African retailer Woolworths has scrapped its 2020 dividend and left a question mark over future payouts, with difficult trading conditions created by...

South Africa's Woolworths Offers Drive-Through Service To Help Shoppers Avoid Stores

South African retailer Woolworths is expanding a click and collect drive-through shopping service, joining others in the sector forced to innovate during t...

Woolworths To Close All Country Road Stores In Australia Amid Coronavirus

South Africa's Woolworths Holdings has temporarily closed all Country Road Group stores in Australia for four weeks and will stand down 5,000 employees the...

Panic Buying Forces South African Supermarkets To Ration Food

South Africa’s biggest supermarket, Shoprite, will limit purchases of some food products and medicines, it said on Thursday, as frantic sho...

South Africa's Woolworths Hit By Weak Australia, December Results

Half-year earnings at South Africa's Woolworths could drop by as much as 20%, the retailer has warned, sending its shares down more than 4%. The company...

South Africa's Woolworths Sees Profit Down As Much As 5% In 2019

South Africa's Woolworths Holdings reported on Thursday that it expects earnings to fall as much as 5% this year due to further impairments on its David Jo...

South Africa's Woolworths Shares Rise On Sales Turnaround

South African department chain Woolworths said on Thursday it had turned around its fashion, beauty and home business after fixing poor product choices in...

South Africa's Woolworths Hit By Sluggish Sales, Earnings Warning

South African department store operator Woolworths posted slower half-year sales growth, and said it expected its headline earnings to drop by 5% in the pe...