AUSTRALIA: Woolworths Holdings To Set Up New HQ

Woolworths Holdings has announced plans for a new consolidated headquarters for its Australasian businesses.

The new office will be located in Melbourne, and will see the South African group invest A$240m.  It will house the Country Road, Mimco, Trenery, Witchery businesses and will also see David Jones shift its headquarters to the new facility.

The move will create more than 800 jobs, while also securing 680 existing jobs.