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The Independent

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.
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The Independent

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.
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The Sydney Morning Herald 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.
07/15/08
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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 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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The Independent

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.
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Times Online - Business

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.
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The Sydney Morning Herald 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.
07/16/08
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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 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.
07/29/08
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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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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 rejects offer by Iceland chief Walker

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

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.
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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,...
08/12/08
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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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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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International Herald Tribune 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...
08/18/08
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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 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...
08/20/08
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Times Online - Business 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...
08/24/08
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Times Online - Business 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...
08/31/08
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