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Woolworths Group Limited is an Australian multinational retail and finance company, primarily known for the operation of its retail chain Woolworths Supermarkets across Australia, Woolworths (previously known as Countdown) in New Zealand and its discount department store Big W.
The age of the supermarket. Our first supermarket heralds a new beginning for Woolworths. In 1960, we began to develop what we now know as purpose-built supermarkets. Under one roof – with adjacent parking – customers could access a range of food and variety goods at value prices.
- Founding and Early Growth
- Diversification, Expansion and Takeover
- IPO and Further Diversification and Expansion
- Consolidation
- New Ventures
Woolworths opened its first store, the Woolworths Stupendous Bargain Basement, in the old Imperial Arcade Pitt Street, Sydney, where Westfield Sydney now stands, on 5 December 1924. Woolworths Ltd's nominal capital was £185,000, and although 85,000 shares were offered to the public, only 81,707 shares were subscribed for by 619 people, including th...
In 1957, Woolworths began to diversify from variety retailing when it opened its first food store at Dee Why, Sydney. The company further diversified in 1960, opening it first purpose-built supermarket at Warrawong, purchasing the Rockmans chain of women's clothing stores and commencing selling liquor at some outlets. In the 1970s, the company star...
In 1993, Industrial Equity floated Woolworths on Australian Securities Exchange in what was then the biggest initial public share offeringin Australia's history. In 1996, Woolworths entered the petrol retailing market, initially with wholly-owned "Plus Petrol" outlets located in shopping centre parking lots. Woolworths expanded its liquor retailing...
In 2012, Woolworths placed 69 shopping centres it owned into a real estate investment trust known as Shopping Centres Australasia Property Group (SCA Property Group), which listed as a separate entity on the ASX on 26 November 2012. Most of the locations contain a Woolworths owned store as an anchor tenant, with the trust deriving most of its renta...
In March 2019, Woolworths launched a stand-alone media business called Cartology to communicate with supplier partners and customers. In April 2019, Woolworths established a venture capital arm called W23. In July 2019, the Woolworths announced the merger of its hospitality and liquor interests, including BWS, Cellarmasters, Jimmy Bring's, Dan Murp...
Woolworths Supermarkets (colloquially known as "Woolies") is an Australian chain of supermarkets and grocery stores owned by Woolworths Group. Founded in 1924, Woolworths is currently Australia's largest supermarket chain with a market share of 33% as of 2019.
Woolworths Group Limited is an Australian multinational retail and finance company, primarily known for the operation of its retail chain Woolworths Supermarkets across Australia, Woolworths (previously known as Countdown) in New Zealand and its discount department store Big W. Headquartered in Bell.
Woolworths Supermarkets (colloquially known as " Woolies ") is an Australian chain of supermarkets and grocery stores owned by Woolworths Group. Founded in 1924, Woolworths is currently Australia's largest supermarket chain with a market share of 33% as of 2019. Quick Facts Trade name, Company type ...
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We are Woolworths Group. 200,000+ bright minds, passionate hearts, and unique perspectives across Australia and New Zealand. Connected by a shared Purpose - 'to create better experiences together for a better tomorrow'.
