Woolworths expands African portfolio
South African retailer Woolworths has announced a joint venture in
The company said it would add another store in
Plans for stores in
It is the right time to invest in
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By the end of the 2012 financial year, Woolworths plans to open 16 new stores in
Fraser said that Woolworths now focused on joint ventures, adapting from their previous franchise model.
"We acted as a wholesaler selling to individuals and left the retailing side up to the franchisees in the past. But we are serious about expansion into
“We can bring our extensive retailing experience and expertise, and work with partners who understand the local environment and customer."
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