Woolworths is head and shoulders above retail peers
28 August 2016 - 02:02
When Woolworths decided to buy back its franchise stores, its share price was just under R20; six years later the price is four times as much since the company has consistently delivered growth. The buy-back of 76 of the franchise stores may have been the retailer's saving grace as it aimed to simplify its structure and increase profit.
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