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Woolworths is constantly making every year profitable by cutting its costs meticulously through automated ordering and centralized distribution networks.
For June 2006 to 2007 fiscal year, Woolworths’ net profit jumped 27.5% to a record $1.026bn..
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AP, London
Frozen food store Iceland Foods Ltd. came to the partial rescue of collapsed retailer Woolworths on Friday, saying it plans to create 2,500 jobs after buying 51 former...
made popular Jan 9 2009
AP, London
Bankrupt department store chain Woolworths, a stalwart of British retailing for 100 years, turned out the lights at the final 200 of its 807 shops on Tuesday.
made popular Jan 6 2009
AP, London
About 200 Woolworths stores in Britain have shut their doors for good.
made popular Dec 27 2008
AP, London
Woolworths Group PLC said Monday that talks with BBC Worldwide about the possible sale of Woolworth’s stake in their DVD publishing joint venture are ongoing,...
made popular Dec 22 2008
AP, London
Administrators for Woolworths announced plans Wednesday to close all the retailer’s stores by the early new year, signaling the end of the road for the venerable...
made popular Dec 17 2008
AP, London
Woolworths could be closed down for good by Jan. 5 at a cost of 27,000 jobs if no one comes forward before that date to buy the collapsed retailer’s stores, its...
made popular Dec 17 2008
AP, London
The administrator for Woolworths said Friday it is cutting 700 jobs in the collapsed retail company’s distribution division after it failed to find a buyer.
made popular Dec 12 2008
AP, London
Prospects for rescuing ailing British retailer Woolworths receded as the company’s administrator said Wednesday it had not yet found a buyer and was launching a...
made popular Dec 10 2008
AP, London
Administrator Deloitte says Woolworths will launch closing-down sale Thursday.
made popular Dec 10 2008
AP, London
Woolworths PLC began a massive sale on Friday _ raising the stakes for its peers by slashing prices by up to 50 percent _ after talks between the troubled...
made popular Dec 5 2008
AP, London
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...
made popular Nov 27 2008
AP, London
Woolworths Group PLC announced Thursday it has put its century-old retail business into administration after failed attempts at a fire sale.
made popular Nov 27 2008
AP, London
Trading in the shares of Woolworths Group PLC was suspended on the London Stock Exchange Wednesday morning. The company said trading would resume once it had announced...
made popular Nov 26 2008
AP, London
Shares in Woolworths Group PLC plunged 29 percent Friday on rising market concerns the company might not be able to sell its debt-ridden retail business because of a...
made popular Nov 21 2008
AP, London
Woolworths Group PLC’s shares plunged 32 percent Wednesday after the company confirmed it is considering selling its retail business.
made popular Nov 19 2008
AP, London
Woolworths Group PLC’s shares fell 13 percent Wednesday after the company confirmed it is considering selling its retail business.
made popular Nov 19 2008
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Australia bankrupt Bid Britain British Business coles DVD EU Europe frozen Gen Iceland Iceland Foods London Pictorial United Kingdom warehouse group Woolworth Woolworths Group PLC
