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Times Online - Business

Woolworths says it is still open to bid talks

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 Walker, the founder of Iceland.
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International Herald Tribune

UK retailer Woolworths rejects takeover bid

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 Monday (1100 GMT) Woolworths shares were up 11 percent to 7.41 pence (US$0.14) in London.
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B.B.C. NEWS 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.
08/17/08
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Times Online - Business 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.
08/13/08
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Times Online - Business Sugar snaps up 4% of Woolworths

Sir Alan Sugar, the irascible host of the BBC show The Apprentice, has acquired a stake of almost 4 per cent in Woolworths, the embattled high street retailer.
10/10/08
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The Sydney Morning Herald Be patient: Wesfarmers boss insists...

THE Wesfarmers chief executive, Richard Goyder, has hit back at suggestions the company is taking too long to turn around the Coles Group businesses it acquired last year,...
07/14/08
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The Sydney Morning Herald Wesfarmers chairman to step down

Wesfarmers chairman Trevor Eastwood will step down from the post in November to be succeeded by current deputy chairman Bob Every.
07/03/08
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Times Online - Business Deloitte is a worrying spectre at...

It is somehow appropriate that with Hallowe’en around the corner, the horror story at Woolworths enters a new, potentially brutal, chapter. Just when Steve Johnson, the...
10/28/08
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Times Online - Business

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, who left in June after more than six years seeking to resolve the group's problems.
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Times Online - Business

Woolworths losses near £100m and it scraps dividend

Woolworths, the pick-and-mix to kitchen pots retailer, today pledged to implement a root-and-branch reorganisation of the flailing business under its new chief executive after reporting a half-year pre-tax loss of nearly £100 million.
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The Sydney Morning Herald Wesfarmers shares up with rising success

Wesfarmers shares rose 1.8 per cent Monday after the company finalised part of a $2.5 billion equity raising and opened it to retail shareholders.
04/28/08
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The Sydney Morning Herald Wesfarmers gas shock

Wesfarmers says pretax earnings may be cut by $20 million per month due to the gas outage in Western Australia.
06/25/08
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The Sydney Morning Herald 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...
06/20/08
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B.B.C. NEWS 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.
06/18/08
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Times Online - Business 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...
06/18/08
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Times Online 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.
06/12/08
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Times Online - Business

Woolworths announces cutbacks after record loss

The new chief executive of Woolworths plans to eliminate the company's final-salary pension scheme, cut jobs and sell stores after the ailing high street retailer reported a record £100 million half-year loss yesterday.
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Times Online - Business

Woolworths shares crash to seven-year low after profit warning

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.
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The Sydney Morning Herald 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.
06/05/08
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The Sydney Morning Herald 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...
06/04/08
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Times Online - Business Woolworths’ suitor set to sweeten...

Hilco, Woolworths’ suitor, has sweetened the terms of its £1 offer for the company’s retail division, keeping crisis talks over the company’s fate alive.
11/24/08
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Times Online - Business Government wades in to save Woolworths

Share your best - and worst - memories of Woolies
11/26/08
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WRAL.com Woolworths desperate for buyer amid...

Just a year shy of celebrating its centenary, retailer Woolworths Group PLC was on the verge of collapse Thursday as financial administrators appointed to the company raced to...
11/27/08
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The Independent Woolworths considers options for DVD...

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,...
05/24/08
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The Sydney Morning Herald Wesfarmers in trading halt

Share trading in Wesfarmers was halted today ahead of a retail entitlement offer.
05/23/08
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The Sydney Morning Herald Wesfarmers tips strong earnings growth

Wesfarmers expects earnings this financial year to increase significantly after delivering a rise in annual profit.
08/21/08
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