Woolworths store at the V&A Waterfront in Cape Town. Picture: SUPPLIED
Woolworths store at the V&A Waterfront in Cape Town. Picture: SUPPLIED

Woolworths, which has been battered by a disastrous R21bn acquisition in Australia, is getting some relief from its domestic groceries business.

Strong growth in the South African food business reignited the high-end retailer’s sales in the year to end-June.

Together with evidence of a turnaround in the fashion, beauty and home division, that offset another tepid performance in Australia and boosted its shares to their best level in six months.

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