‘Back to the mothership’ for Woolies after David Jones debacle

R10bn investment planned, with balance sheet healthiest in more than decade, says CEO

03 September 2023 - 00:00

Woolworths, having unshackled itself from its disastrous Australian department store business David Jones, will focus on its South African operations, investing R10bn in growing its food and fashion sectors and expanding its distribution centre in Midrand. ..

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