Operates as an investment holding company with interest in providing retail and financial services
Woolworths Holdings Ltd. operates as an investment holding company with interest in providing retail and financial services.
The company through its subsidiaries engages in retail and financial services to upper and middle income groups mainly in South Africa but also in Africa, Australia and New Zealand.
The company operates through the following segments: Clothing & General Merchandise, Food, Country Road and Woolworths Financial Services & Treasury.
The Clothing & General Merchandise segment includes clothing, home ware, beauty and other lifestyle products.
The Food segment focuses on offering customers food products.
The Country Road segment operates the retail chain of stores and concession retail outlets offering a range of clothing and home ware under its own brand name.
The Woolworths Financial Services segment provides financial product and services to customers, including a credit offering to assist them to purchase merchandise in its Woolworths stores.
It also offers a credit card, personal loans and insurance products.
The Treasury segment engages in the cash management activities.
Woolworths Holdings was founded in 1929 and is headquartered in Cape Town, South Africa.