LONDON (August 21, 2000) -- The WorldWide Retail Exchange (WWRE),
the world's leading retail e-marketplace, today announced that
The Boots Company of the United Kingdom and Wooltru Ltd. of South
Africa are joining the Exchange.
"The addition of these leading retailers is a testament to the
strong B2B marketplace we are creating," said Jerry Storch, head
of marketing for the WWRE and president of financial services
and new businesses at Target Corporation.
Barry Knichel, a WWRE executive committee member and director
of supply chain research and development at Tesco, said, "Along
with all members of the WWRE, Boots and Wooltru are committed
to improving supply chain efficiencies and creating new opportunities
for suppliers and retailers."
The WWRE (www.worldwideretailexchange.org)
is a Web-based business-to-business exchange designed to facilitate
and simplify trading between retailers and more than 100,000 suppliers,
partners and distributors. Consisting of leading retailers from
Africa, Asia, Europe and the United States, the WWRE is open to
all suppliers and retailers who wish to use it. To date, the Exchange
currently includes members who have combined sales of U.S. $537
billion or Euro 592 billion.
In addition to the new retailers, WWRE membership includes: Albertson's
(U.S.), Auchan (France), Best Buy (U.S.), Casino (France), CVS/pharmacy
(U.S.), Dansk Supermarked (Denmark), Dairy Farm International
(Hong Kong), Delhaize Group (Belgium), Dixons Group plc (U.K.),
Edeka (Germany), El Corte Ingles (Spain), Gap Inc. (U.S.), J.C.
Penney (U.S.), Jusco (Japan), Kesko (Finland), Kingfisher (U.K.),
Kmart Corporation (U.S.), Longs Drugs (U.S.), Marks & Spencer
(U.K.), Publix Super Markets (U.S.), Rite Aid Corporation (U.S.),
Royal Ahold (The Netherlands), Safeway Inc. (U.S.), Safeway plc
(U.K.), Seibu Department Stores Ltd. (Japan), Supervalu Inc. (U.S.),
Target Corporation (U.S.), Tesco (U.K.), Walgreen Co. (U.S.) and
Woolworths (Australia).
About The New Members
The Boots Company (U.K.) is the parent of Boots The Chemists,
the leading U.K. retailer of health and beauty products with more
than 1,400 stores ranging from small community pharmacies to city
centre department stores. It has substantial shares in markets
that include cosmetics, toiletries, medicines and film processing.
Other retailers in the group are Boots Opticians and Halfords
(auto parts and cycles). The Boots Company has total revenues
of U.S. $7.8 billion or Euro 8.6 billion.
Wooltru Ltd. (South Africa) is a leading retail and wholesale
group that, through its shareholdings in the Game, Makro, Dion,
Truworths, Woolworths, CNA and Sportsgirl chains, employs more
than 39,000 people and operates 1,202 stores across Africa, Asia,
North America and Australia. 1999 sales totaled U.S. $2 billion
or Euro 2.2 billion.
Media Contacts:
Helen Craft (Europe)
Shandwick International
44.207.950.2871
hcraft@shandwick.com
Teresa McFarland (U.S.)
Shandwick International
952.346.6198
tmcfarla@shandwick.com
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