Click Here: Woolworths Group Limited (ASX:WOW) share price
Woolworths Group Limited, a major Australian company, has extensive retail interests throughout Australia and New Zealand. It is the largest company in Australia by revenue and the second-largest in New Zealand.
In addition, Woolworths Group is the largest takeaway liquor-retailer in Australia, the largest hotel and gaming poker-machine operator in Australia, and was the 19th-largest retailer in the world in 2008.
Despite similar names, Woolworths Group has no affiliation with the F.W. Woolworth Company based in the United States, the now-defunct Woolworths Group in the UK or the South African chain of retail stores, Woolworths Holdings Limited.
Its main operations include supermarkets (under the Woolworths brand in Australia and the Countdown brand in New Zealand), liquor retailing (as BWS and Dan Murphy’s in Australia), hotels and pubs under the Australian Leisure and Hospitality Group (ALH Group) umbrella, and discount department-stores under the Big W name in Australia.
On 25 August 2016, the company announced a loss of $1.235 billion for the 2016 financial year, the biggest loss in the more than 20 years since it has been publicly listed on the ASX, mainly due to more than $2 billion in write-downs of the failed Masters business and losses in the Big W business.
Traded as: ASX: WOW
Industry: Retailing
Founded: 22 September 1924; 96 years ago
Founders: Percy Christmas; Stanley Chatterton; Cecil Scott Waine; George Creed; Ernest Williams
Headquarters: Bella Vista, New South Wales, Australia
Divisions:
- Supermarkets (Woolworths, Woolworths Online, Countdown)
- Liquor (BWS, Dan Murphy’s, Langtons, Cellarmasters)
- General Merchandise (Big W)
- Finance (Woolworths Finance, Woolworths Rewards)
- Hotels & Gambling (ALH Group) [2]
Website: www.woolworthsgroup.com.au
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