Woolworths (South Africa)
in Cape Town, South AfricaCategory: Attraction
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10 Spin St, Cape Town City Centre, Cape Town, 8000, South Africa Print route »
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Woolworths Holdings Limited (JSE: WHL) is a South Africa-based multinational retail company that owns the South African retail chain Woolworths, and Australian businesses David Jones and Country Road Group.
The South African business was originally modelled on Marks & Spencer of the United Kingdom. This relationship with Britain's Marks and Spencer was formed after the Second World War, which led to the retailer buying all of the unissued share capital of Woolworths in 1947. These shares were later sold, but close ties still remain. The first Woolworths store opened in The Old Royal Hotel in Cape Town in October 1931. It was founded by Max Sonnenberg assisted by his son Richard and Fred Kossuth.
The South African Woolworths business consists of full-line fashion, beauty and home stores, many of which incorporate a premium food retail offering. Stand-alone food stores and "Food Stops" re attached to Engen petrol stations are also located in urban areas". Woolworths operates 217 full line stores and 421 food stand alone stores in South Africa and 65 stores throughout the rest of Africa. Woolworths sells clothing and accessory items under a number of premium brands, namely Studio W, RE: Country Road, Witchery, Mimco and Trenery.
