All Woolworths articles – Page 13
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Gordon Brown promises help for Woolworths staff
Prime Minister Gordon Brown has vowed to provide support for Woolworths staff threatened with redundancy.
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Woolworths administration confirmed
The appointment of Deloitte as Woolworths' administrator was confirmed this morning.
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Woolworths enters administration
Updated: Woolworths' retail division and its entertainment supply business EUK are being put into administration.
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Government intervenes in Woolworths crisis
Exclusive: Business Secretary Lord Mandelson's department has intervened to attempt to save variety store group Woolworths.
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Woolworths shares suspended
Shares in the struggling retailer Woolworths have been suspended while it is in talks to sell both its retail arm and its publishing arm 2 Entertain.
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Woolworths stops selling toys online
Updated: Embattled retailer Woolworths has stopped selling toys online during the key Christmas period, shocking and delighting rivals.
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Woolworths in danger of administration this week
Woolworths could fall into administration in a matter of days unless it completes a deal to sell its retail business to restructuring specialist Hilco, according to sources close to the company.
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Woolies' biggest shareholder slams £1 Hilco talks
Woolworths' biggest shareholder Ardeshir Naghshineh has criticised the potential sale of the retailer to Hilco, saying the group's stores are worth much more than the nominal price that has been tabled.
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Selfridges appoints former Woolworths FD
Selfridges has appointed former Woolworths finance director to the same role at the department store.
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Woolworths in talks to sell retail arm to Hilco for £1
Woolworths is understood to be in talks to sell its high street business to specialist distressed fund Hilco for 1.
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Woolworths' EUK asks customers for upfront payment
EUK, variety store group Woolworths’ entertainment supply division, has been forced to ask customers for upfront payments as the credit crunch bites.
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Woolworths veteran Roger Jones dies
Veteran Woolworths director Roger Jones, who spent 50 years at the variety store group, died on Sunday.
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Retailers criticised for high-interest pre-pay schemes
Critics are lambasting some of the UK’s most well-known high street stores for high-interest credit schemes targeting low-income consumers in run-up to Christmas.
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Banks call in advisers for Woolworths talks
Key lenders to Woolworths are to be advised by corporate restructuring firm Deloitte as the company prepares its business plan for the new financial year, which is due to be delivered by December.
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Woolworths creates new board as four directors leave
Woolworths has made a raft of changes to its management structure, including the creation of a retail operating board, two new appointments and four senior management departures.
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New chief financial officer for Woolworths
Woolworths has appointed a new chief financial officer to replace Stephen East.
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Retail round-up: October 19, 2008
What the Sunday papers said about the retail sector, including reports on Baugur, Asda, Carphone Warehouse, Debenhams, Ghost, DSGi, Home Retail, Sainsbury's, Game, JJB Sports, Woolworths and Tesco.
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NewsSir Alan Sugar’s bid to invest in Woolworths thwarted
Sir Alan Sugar’s attempt to stakebuild in struggling retailer Woolworths has been scuppered after his shares he thought he had bought failed to turn up, prompting speculation that the vendor may have been an Icelandic investor whose assets have been frozen.
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Woolworths to sell nine store leases to Tesco
Variety store group Woolworths has struck an agreement to sell the leases on up to nine stores to Tesco for up to 9 million and will use the cash to reduce borrowings.
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Sir Alan Sugar takes stake in Woolworths
The Apprentice star Sir Alan Sugar has reportedly acquired a near 4 per cent stake in Woolworths.