Who owns Woolworths supermarket in Australia?
Woolworths stores across Australia are owned by Woolworths Group. Woolworths Group is the second largest company in Australia by revenue, after Perth-based retail-focused conglomerate Wesfarmers.
Woolworths employ 201,000 people who serve over 29 million customers across various Woolworths brands every week. Woolworths and Coles are the largest grocery stores in Australia.
It’s natural for people to be curious and ask whether they are owned by the same company. Let us answer this one for you. Woolworths and Coles are not owned by the same company. For info on Coles, checkout our blog- who owns Coles
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If you are new in Australia or in general wondering how much does it cost to buy grocery in Australian grocery stores, this video may help.
Many don’t know this but Woolworths Group is also 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. Some other popular Australian brands such as Big W and Dan Murphys are also owned by Woolworths.
On Friday, 5 December 1924, Woolworths Stupendous Bargain Basement opened for business in Sydney’s Imperial Arcade.
Percy Christmas, Founding CEO said of the event: ‘Every city needs a Woolworths: Sydney has it now. Every man, woman and child needs a handy place where good things are cheap.’
Little did he know, that more than 92 years later, these words would still form the basis of our team philosophy and values.
Despite similar names, Woolworths Group has no affiliation with the F.W. Woolworth Company in the United States, the now-defunct Woolworths Group in the UK or the South African chain of retail stores, Woolworths Holdings Limited.
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