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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.
Divisions and namesakes of the American F. W. Woolworth Company, and divisions of Woolworths Group (Australia).. Similar namesake companies in South Africa and Australia were legally named after the Woolworth company as permitted by the trademark laws of the period, but never had any financial connection to the original F. W. Woolworth Company.
Woolworths Food Company, or Woolworths FoodCo, is the division responsible for developing new product categories, improving fresh meat supply and processing facilities, and developing strategic sourcing relationships with Woolworths’ primary industry partners. [15]
Fields – discount chain owned by FHC Holdings Ltd.; the chain was purchased by Hudson's Bay Company in 1981 but broke away in 2012; Hart – Department store chain founded in 1960. Stores located across Quebec, Ontario, New Brunswick, and Amherst, Nova Scotia; Holt Renfrew – high-end department store chain
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 32.5% as of 2023.
Following the 2002 closure by the Australian group Partridges of their SEPU (Sociedad Española de Precios Unicos) department store chain, which was one of Spain's oldest, the market is now dominated by El Corte Inglés, founded in 1934 as a drapery store. El Corte Inglés stores tend to be vast buildings, selling a very broad range of product.
Prior to this, it purchased the defunct British and Irish Woolworths brands from The Very Group in July 2021. [2] [3] In January 2024, CEO Roman Heini told BBC News that it owned the rights to the 'Woolworth' and 'Woolworths' names throughout Europe, and that it is seeking European expansion. [4]
The company was founded in 1982 as Paternoster Stores Ltd, to conduct a buyout of the British Woolworths chain. In March 1983, Paternoster changed its name to Woolworth Holdings plc. [9] Woolworths already owned B&Q, and the company expanded through subsequent acquisitions of companies such as Superdrug and Comet. [9]