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WOOLWORTHS

WOOLWORTHS

Parent Company: Woolworths Holdings Limited

Brand Value: $959 million

Headquarter City: Cape Town

Year on Year Change: -15%

Industry: Retail

Year Formed: 1931

Woolworths is a food, home and fashion retailer. The brand’s first store opened its doors in 1931, and it has since grown into one of the strongest retailers in sub-Saharan Africa. While the Woolworths name has adorned numerous retail chains throughout the English-speaking world, its South African version is singular in its carefully curated selection of both everyday and high-end goods. Like many retailers, “Woolies”, as it is locally known, has struggled in recent years but remains one of South Africa’s iconic brands.