All Woolworths articles – Page 11
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News
Woolworths directors to be scrutinised by Deloitte
The actions of Woolworths’ directors will be reviewed by its administrator Deloitte after creditors questioned whether the retailer should have stopped trading earlier.
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News
Woolworths bought by Shop Direct Group
Woolworths will be relaunched as an online store after the brand was bought by Shop Direct Group owners the Barclay brothers.
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Deal for Woolworths brand imminent
A deal for the purchase of the Woolworths brand is imminent, but Woolworths’ former stores chief Tony Page’s hopes to acquire the brand are dashed.
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News
Home Retail Group buys Chad Valley toy brand
Argos parent Home Retail Group has bought Woolworths' toy brand Chad Valley for 5 million.
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News
Woolworths Group applies for administration
The board of Woolworths Group has applied to go in to administration, following the collapse of its retail arm and entertainment division EUK last year.
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NewsRaft of retailers snap up 300 Woolworths stores
Grocers, value retailers and fashion players are among those that have agreed deals to take on Woolworths stores.
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News
Woolworths' biggest shareholder criticises closure
Woolworths’ largest shareholder has branded yesterday’s closure of the chain as “unnecessary” and lambasted the retailer’s management and administrator Deloitte for allowing it to fail.
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News
Woolworths closes final stores
Woolworths will bring down the shutters for the last time on January 6 as the final group of stores close.
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News
Woolworths' lenders to rake in cash after retailer's collapse
Woolworths’ lenders are in line to receive millions of pounds in fees following the collapse of the retailer.
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News
11th hour Woolworths deal could save 125 stores
The fate of Woolworths is now hanging on a 30 million deal that could see the failed chain stay on the UK high street in 125 stores.
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News
Hundreds of retailers poised to collapse next year
Hundreds of retailers will hit the buffers next year as the recession kicks in, according to a retail insolvency expert.
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News
Sir Geoff Mulcahy in 11th hour rescue talks for Woolworths
Update: Deloitte has released closing dates for all of Woolworths' stores while former Woolies boss Sir Geoff Mulcahy will today talk with Ardeshir Naghshineh, the company's biggest shareholder, about a possible 11th hour rescue plan for the pick and mix retailer.
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News
Sir Geoff Mulcahy brands Woolworths closure 'disgraceful'
Former Woolworths boss and British Retail Consortium chairman Sir Geoff Mulcahy has said that Woolworths could have been saved and has branded Deloitte's decision to close the chain 'disgraceful'.
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News
All Woolworths stores to close by January 5
Updated: All Woolworths stores are to close by January 5.
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Analysis
Video: The week in retail, December 12, 2008
TGi Friday: As Woolworths launches its closing down Sale, Tim Danaher and George MacDonald assess the likely impact on the rest of the high street and whether there is any chance of a last-minute deal. One of the long-term beneficiaries may be HMV, which posted mixed interim results on Thursday.
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News
EUK redundancies begin after no buyer is found
Two-thirds of the staff at EUK, the Woolworths-owned entertainment distributor which is in administration, have been made redundant after no buyer was found for the business.
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Hundreds of shoppers bag Woolworths bargains
Woolworths recorded its biggest-ever trading yesterday as the defunct retailer launched a closing down sale across the 800-store chain.
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News
Woolworths closing down Sale starts as administrator fails to find buyer
Updated: Woolworths has launched a closing down Sale and could close some stores before the end of December if administrators Deloitte fail to find a buyer.
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News
Sir Geoff Mulcahy plots Woolworths comeback
Former Kingfisher boss Sir Geoff Mulcahy is in talks to take over 500 Woolworths stores and revive the brand.
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News
Tesco triggers toys price war
Tesco has sparked a price war after slashing the prices of hundreds of its toys by up to 60 per cent.