Woolworths NZ (2018–present) Progressive Enterprises (1949–2018) | |
Formerly | Progressive Enterprises |
Company type | Subsidiary |
Industry | Retail |
Founded | 9 February 1949 (as Progressive Enterprises) |
Founder | Brian Hall Picot Tom Ah Chee |
Headquarters | Favona, Auckland, New Zealand |
Revenue | NZ$4,957 million (2008–2009) |
NZ$208 million (2008–2009) | |
Owner | Woolworths Group (2005–present) |
Number of employees | 18,000 |
Parent | Woolworths Group (Previously by Foodland associated Limited) |
Subsidiaries |
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Website | woolworthsnz |
Woolworths New Zealand Limited (formerly Progressive Enterprises) is the second largest grocery company in New Zealand (behind Foodstuffs), with revenue of NZ$6.2 billion for the year to June 2018. Alongside Foodstuffs, Woolworths NZ forms part of the New Zealand supermarket duopoly.
Progressive Enterprises Limited was once owned by the Western Australian Supermarket Group FAL – Foodland Associated Limited which operated Action Supermarkets, Supa Valu Supermarkets and Dewsons Supermarkets. It is now a wholly owned subsidiary of the Australian Woolworths Group.