Woolworths’ New CEO Bets More on Food in Retailer’s Overhaul

Woolworths’ New CEO Bets More on Food in Retailer’s Overhaul

Woolworths Holdings Ltd. is reorienting its business around its upmarket South African food operations, putting its best-performing division at the center of the group as new Chief Executive Officer Sam Ngumeni plans to direct a larger share of inves...

Woolworths Holdings Ltd. is reorienting its business around its upmarket South African food operations, putting its best-performing division at the center of the group as new Chief Executive Officer Sam Ngumeni plans to direct a larger share of investment toward the unit.
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Bloomberg — Markets (EN)




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