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woolworths holdings ltd (WLWHF) Details

Woolworths Holdings Limited operates a chain of retail stores. The company’s stores offer a selected range of clothing, including women's, men's, and children's wear, as well as accessories, footwear, and beauty products; home accessories and soft furnishings, such as kitchen and bathroomware, crockery and vases, sheeting, curtaining, and furniture products; food products; digital products; and general merchandise. It operates approximately 330 corporate stores and 17 franchise stores in South Africa, 49 stores operated on Engen forecourts, and 65 stores in Africa and the Middle East under the Woolworths brand; 163 retail stores and concession retail outlets in Australia and New Zealand under the Country Road and Trenery brands; and 291 retail stores and concession retail outlets in Australia and New Zealand under the Witchery and Mimco brands. Woolworths Holdings Limited was founded in 1931 and is based in Cape Town, South Africa.

woolworths holdings ltd (WLWHF) Top Compensated Officers

Group Chief Executive Officer, Executive Dire...
Total Annual Compensation: R17.7M
Chief Operating Officer and Executive Directo...
Total Annual Compensation: R5.2M
Managing Director of Food, Executive Director...
Total Annual Compensation: R7.5M
Group Director of Clothing & General Merchand...
Total Annual Compensation: R5.3M
Compensation as of Fiscal Year 2013.

woolworths holdings ltd (WLWHF) Key Developments

Woolworths Holdings Announces Management Changes

Woolworths Holdings announced resignation of Iain Nairn as CEO, and appointment of Matthew Keogh in his stead. The effective date is August 12, 2014.

Woolworths Holdings Limited Announces Sales Results for the 52 Weeks Ended June 29, 2014

Woolworths Holdings Limited announced sales results for the 52 weeks ended June 29, 2014. Group sales increased by 14.4% for the 52 weeks of the 2014 financial year over the corresponding 52-week period in 2013. Sales in comparable stores grew by 9.1%. Clothing sales in South Africa increased by 10.6% compared to 8.4% a year ago, with a price movement of 8.8%. Sales in comparable stores grew by 8.6% compared to 6.4% a year ago. Food sales grew by 14.8% compared to 12.7% a year ago, with a price movement of 7.9%. Sales in comparable stores grew by 10.7% compared to 8.7% a year ago. General merchandise sales grew by 7.1% compared to 5.1% a year ago and by 4.2% compared to 2.3% in comparable stores, with a price movement of 2.6%. Sales in Australia and New Zealand, including the Witchery Group, increased by 20.3%, in Australian dollar terms. Sales in comparable stores increased by 7.2% and net space, excluding the Witchery Group acquisition, grew 4.2%. Country Road Group’s South African sales are included in the South African clothing figures.

Woolworths Holdings Limited Announces Board Appointments

The board of directors of Woolworths Holdings Limited announced that Nombulelo (Pinky) Moholi and Hubert Brody have been appointed as Independent non-executive directors of the Company with effect from July 1, 2014. Pinky Moholi has more than 24 years' experience in the Information Communication and Technology industry. She was the Group Chief Executive Officer for Telkom since 2011 and stepped down in March 2013.


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