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Times Online - Business

Woolworths sale after Theo Paphitis of Dragon's Den says 'I'm out'

Woolworths will hold its biggest sale today after Theo Paphitis, the Dragons' Den entrepreneur, walked away from a bid for the collapsed retail chain.
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Times Online - Business

Woolworths nears end as buyer fails to appear

Woolworths is set to hold a closing down sale in the next few days after administrators failed to find a buyer for the company's 813-store retail chain.
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Times Online - Business Woolworths axes 450 staff amid firesale

Woolworths will make 450 of its staff redundant in what is expected to be the first of many job cuts at the collapsed high street retailer.
12/05/08
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Times Online - Business Woolworths CD business axes 700 workers

Entertainment UK (EUK), Woolworths CD and DVD distribution division, today made 700 staff redundant after failing to find a buyer for the business.
12/12/08
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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 to shut-up shop for the...

The curtain will come down on almost 100 years of trading at Woolworths today as the fallen retailer’s final 200 stores close for good.
01/06/09
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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

Kingfisher founder mulls Woolworths bid

Sir Geoff Mulcahy, the former chief executive of Woolworths, is mulling a bid to take over more than half of the struggling retailer’s high street stores.
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Times Online - Business

Deloitte is a worrying spectre at Woolworths’ Hallowe’en

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 chief executive, must have felt it was safe to leave home and visit some stores, it now emerges that the high street retailer’s lenders have called in a corporate restructuring specialist to advise them about Woolies’ future. Cue headlines that will send yet more shivers down the spine of the group’s worried workforce.
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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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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 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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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 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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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

Zavvi creditors call in Ernst & Young as Woolworths fallout spreads wider

Creditors of Zavvi have parachuted an emergency restructuring team from Ernst & Young into the struggling high street retailer, which previously traded as Virgin Megastores.
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Los Angeles Times

Woolworths down to its last days in Britain

The venerable retailer had long been a fixture on England's streets, but changing times have left it bankrupt. Before the arrival of Wal-Mart, before the anything-for-a-pound stores, there was always good ol' "Woolies."
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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 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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The Independent Woolworths insists new chief...

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...
06/19/08
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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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Times Online - Business Woolworths: how was it for you?

Woolworths
11/26/08
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Times Online - Business Last ditch rescue fails as Woolworths...

Share your best - and worst - memories of Woolies
11/26/08
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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.
06/13/08
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