Portrait of the family of David Stern and Bernice Stern nee Propper.

Seated: David Stern, Bernice Stern, and Jessica Agosti; left to right: Doreen Stern, her husband Michael Stern, Carol Richardson, her husband Blake Richardson, John Agosti. The baby is Katherine Stern

Ruth Weiss nee Stern with Annette, Meir, and David Weiss at Mortimer Hill Farm; Mortimer, England.

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Ruth Weiss nee Stern with Annette, Meir, and David Weiss at Mortimer Hill Farm; Mortimer, England..

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Albert Einstein sitting on boat with David Rothman Portraits Groups; Men

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David Ben-Gurion Commemorative Coin Set

3 pieces commemorative coin set in a box. 2 silver coins, 1 gold coin. Obverse: 25 Lirot silver coins, 500 Lirot gold coin. In the center the state emblem of the State of Israel. Reverse: Portrait of David Ben-Gurion.

King David Hotel - Interior

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David Ben-Gurion Coin

Obverse: Design of head of David Ben-Gurion, emblem of the State of Israel. Reverse: Emblem of that State of Israel, nominative value of the coin written in Hebrew.

David Ben-Gurion Coin

Obverse: Design of head of David Ben Gurion. Reverse: Emblem of the State of Israel, value of the coin written in Hebrew.

Who is the South African retail giant behind the David Jones bid?

Yesterday morning came the news South African retailer Woolworths had offered $4 a share to acquire David Jones, a proposal that has the approval of the department store’s board. This offer, worth an estimated A$2.15 billion, represents a 25% premium over the current share price value. An earlier offer, from rival Myer, was rejected earlier this year. But who is Woolworths? Not to be confused with Australia’s largest supermarket, Woolworths SA is one of South Africa’s largest retailers.

David Jones seeks to exploit top end gap in Australian grocery

While Australia’s supermarkets continue to battle on price, the South African owner of David Jones, Woolworths Holdings, has found a gap in the Australian grocery market and is preparing to exploit it. Reports that the group has appointed Pieter de Wet to overhaul the David Jones food business signals once again the ever-changing face of the Australian food and grocery landscape. A re-energised David Jones food offer will provide positive outcomes for both shoppers and suppliers, while potentially becoming another headache for Coles and Woolworths.