Woolworths considers options for DVD publisher 2entertain
May 24, 2008
Woolworths has responded to speculation that it is using investment bank UBS to sell its 40 per cent stake in the DVD publisher 2entertain. In a Stock Exchange statement, Woolworths said: "The company can confirm that it is considering its options with regard to this stake which may or may not lead to a transaction."
 |  |
Woolworths shares dive to all-time low after warning of 'marked' downturn
Woolworths had a day to forget yesterday, when it posted a profit warning, revealed dire recent trading, and tore up plans to sell its £200m stake in DVD publisher 2 entertain.
Woolworths fined for breaking FSA rules
Woolworths has been fined £350,000 by the Financial Services Authority for taking too long to disclose that its profits would be lower than expected. 
Woolworths still eyeing The Warehouse
Cashed-up retailer Woolworths is still likely to make a tilt at the New Zealand general merchandise retailer The Warehouse, an investment house says.
Fuel's gold as a million people play...
WOOLWORTHS has left the door open for its new discount fuel card to morph into a sophisticated customer loyalty card similar to that pioneered by the British supermarket giant...
Woolworths hit with £350,000 market...
Woolworths, the UK retailer, has been fined £350,000 by the Financial Services
Authority (FSA) for taking too long to disclose sensitive information to the
stock market.
Woolworths chief executive quits as...
Trevor Bish Jones, chief executive at Woolworths, is stepping down from one of
the high street's oldest retailers after more than six years of struggling
to put the group back...
Head of Woolworths to step down
Retail group Woolworths says its chief executive is to step down as it reports a further decline in sales.
Woolworths rings the changes
WOOLWORTHS, whose 820 stores in Britain sell goods from appliances to sweets, has announced that its chief executive officer, Trevor Bish-Jones, will leave after deteriorating...
Woolworths insists new chief executive can reinvigorate chain
Woolworths' chairman, Richard North, maintained that its retail division can robustly grow its profits yesterday as the group parted company with its chief executive, Trevor Bish Jones.
New profit warning as Woolworths abandons 2entertain sale
Woolworths lurched deeper into crisis yesterday as it abandoned the planned sale of 2entertain, its DVD publishing business, and admitted that a recent collapse in sales meant that it would again miss its profit targets.
Woolworths set to meet guidance
Woolworths Ltd is set to meet its annual earnings forecasts after yearly sales rose on the back of a strong performance by its supermarkets division.
Woolworths shares crash to seven-year...
Shares in Woolworths crashed this morning to a seven-year low after the
retailer issued a profit warning, saying that sales declined in the first
half.
Woolies pressured to cut ties with APP
An activist group wants Woolworths shareholders to pressure the supermarket giant to stop sourcing paper products from one of Asia's largest pulp companies.
Steve Johnson to run Woolworths
Woolworths, the troubled high street retailer, has appointed Steve Johnson,
the former chief executive of Focus DIY, as its new chief executive. He
replaces Trevor Bish-Jones,...
Steve Johnson takes £9m challenge to...
The executive who sold Focus DIY for £1 last year is on his way to becoming a
£9 million man after landing the top job at Woolworths.
Iceland 'in bid for Woolworths'
The boss of the Iceland frozen food chain offers to buy troubled retailer Woolworths' network of 815 stores, reports say.
Woolworths on track for FY sales growth
Higher food prices and growing market share have helped Australia's biggest retailer, Woolworths, to deliver better-than-expected third quarter sales.
Woolworths angers shareholders by rejecting Iceland founder's approach
Woolworths faces a showdown with its biggest shareholders after the ailing retailer rejected a takeover approach for its 815 stores yesterday from Malcolm Walker, the founder of the Iceland frozen-food chain. 
UK retailer Woolworths rejects...
British retailer Woolworths Group PLC's share price shot up as much as 23 percent on Monday, after it rejected an offer from Iceland Foods Ltd for its retail division. By noon...
Woolworths says it is still open to...
Richard North, the chairman of Woolworths, said that the door remained open to
bidders for the business as he defended the board's decision to reject an
offer from Malcolm...
Woolworths profit seen rising 24%
Australia's largest supermarket chain, Woolworths, is likely to report a jump in first-half earnings, but will come under heavy scrutiny as investors worry about slower growth...
Malcolm Walker pushes for Woolworths...
THE founder of the Iceland food chain, Malcolm Walker, would slash overheads
and considerably narrow the product range in order to revive Woolworths,
should he succeed in his...
Top Woolworths investor says no to...
WOOLWORTHS’ biggest shareholder has thrown his weight behind management in
rejecting Malcolm Walker’s £50m takeover approach, while refusing to deny
that he is planning...
Woolworths rocked as senior director...
One of Woolworths’ most senior directors has quit only a month after the high
street retailer’s new chief executive savaged the poor performance of the
group.