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Times Online - Business

BBC in talks with Woolworths as pensioners fear worst

The entire Woolworths empire, including its stake in 2Entertain, the BBC joint venture, is likely to be in administration by the end of the week, with its 10,000 pensioners at the back of a queue of creditors hoping to get their money back.
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Times Online - Business

Film distributor is victim of Woolworths collapse

The fallout from the collapse of Woolworths spread this morning as Metrodome, a UK-listed film and television distributor, warned it risked losing £320,000 it was owed by the fallen retailer.
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Times Online Woolworths stores to close after...

Woolworths went into administration last night, putting thousands of high street jobs at risk despite last-ditch government efforts to save it.
11/27/08
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Times Online - Business Woolworths stands on brink as wage...

Woolworths is at risk of going into administration as soon as this morning as it scrabbles to find sufficient funds to pay its monthly wage bill.
11/26/08
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Times Online - Business Woolworths in crisis rescue talks

THE management of Woolworths was locked in crisis talks this weekend about securing a revised rescue deal to save the group from imminent collapse into administration.
11/23/08
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Times Online - Business Woolworths in talks over £1 offer...

Woolworths’ biggest shareholder was locked in meetings with advisers last night over how best to fight Hilco’s £1 offer for the company’s retail arm.
11/21/08
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Times Online - Business Woolworths dives as it confirms...

Woolworths this morning confirmed a report in The Times that it is in talks to sell its retail business.
11/19/08
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Times Online - Business Woolworths in talks to sell retail...

Woolworths is in talks to sell its entire high street business to Hilco, the specialist distressed fund, for £1.
11/19/08
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Times Online - Business

Bidders sought as beleaguered Woolworths and MFI stores go up for sale

The starting pistol was fired yesterday for the sale of Woolworths and MFI as the court-appointed managers sought buyers for the beleaguered stores.
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Times Online - Business

Potential buyers emerge to save Woolworths staff

The new management of Woolworths today revealed it has already received several expressions of interests from parties about buying parts of the business which collapsed last night after 99-years of trading.
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Times Online - Business Woolworths hires finance veteran in...

Woolworths has appointed a new chief financial officer days after the departure of a senior director raised concerns that other executives may leave the troubled retailer.
10/22/08
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Times Online - Business 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.
10/16/08
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The Independent Woolworths shares dive to all-time...

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...
07/30/08
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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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Times Online - Business Government wades in to save Woolworths

Share your best - and worst - memories of Woolies
11/26/08
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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

Woolworths' main shareholder in bank talks

Ardeshir Naghshineh, Woolworths' largest shareholder, is in last-ditch talks with the retailer's banks about an alternative to a sale of the high street chain's retail arm to Hilco for £1.
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Times Online - Business

Woolworths investor touts alternative deal

Woolworths’ largest shareholder, Ardeshir Naghshineh, is in talks with the retailer’s banks about an alternative plan to a sale the company’s retail arm to Hilco for just £1.
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Times Online - Business Woolworths may plunge into a retail...

If Steve Johnson wondered what he had let himself in for by agreeing to be the new chief executive of Woolworths, it was laid bare yesterday. According to one City analyst, he...
08/19/08
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The Independent Woolworths rejects offer by Iceland...

Woolworths has rejected a surprise offer to acquire its retail division by Malcolm Walker, chief executive of the frozen food specialist Iceland.
08/18/08
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Times Online - Business Woolworths angers shareholders by...

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...
08/18/08
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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 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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Times Online - Business New profit warning as Woolworths...

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...
07/30/08
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Times Online - Business Woolworths announces cutbacks after...

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...
09/18/08
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Times Online - Business Woolworths losses near £100m and it...

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...
09/17/08
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