Woolworths Holdings Limited (JSE:WHL)
Woolworths Holdings Limited (JSE:WHL) is a leading retail group with a strong presence in South Africa and Australia as well as in another 11 countries in subSaharan Africa and in New Zealand.
The Group has 3 major operating divisions:
- Woolworths South Africa (Woolworths or WSA) based in South Africa and operating across another 11 countries in sub-Saharan Africa
- David Jones (David Jones or DJ) based and trading in Australia and New Zealand
- Country Road Group (Country Road Group or CRG) based in Australia and trading in Australia, New Zealand and South Africa
Woolworths Financial Services (WFS) is a joint venture between Woolworths and Barclays Africa Group, with Barclays Africa Group owning 50% + 1 share. The WFS board is constituted with directors from both WHL and Barclays Africa Group, with direction on credit policy, risk, and funding aspects received from Barclays and direction on customer integration from Woolworths.