All Woolworths articles – Page 4
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NewsFormer Focus DIY staff to pocket £2,500 each
More than 1,500 former Focus DIY staff could receive £2,500 each after it was ruled bosses “failed to consult” when staff were let go as the retailer fell into administration last year.
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NewsWellworths entrepreneur leaves business
The entrepreneur behind Wellworths, the chain launched in the wake of Woolworth’s demise on one of its former sites, has left the business to set-up RRP UK, a consultancy to help other aspiring retailers.
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NewsSales soar at The Entertainer as sector rivals close down
Specialist toy retailer The Entertainer posted a surge in sales in its first quarter as it filled the gap left by closed Woolworths, Early Learning Centre and Hawkin’s Bazaar stores.
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AnalysisHow to survive administration
In the past few years a raft of formerly big names have been bought out of administration. Can these businesses be saved, or is it just delaying the inevitable?
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News
Woolworths’ results slow on deflation
Woolworths’ results slowed on deflation during its third quarter, growing 3.8% to AUS$14.1bn (£9.15bn). The retailers’ supermarket division experienced solid growth of 3.7% to AUS$12.2bn (£7.92bn), while the retailer’s non-food fascias had a mixed result. Consumer electronics fascia Dick Smith reported a 1.7% decline in sales to AUS$269m (£174.6m), although ...
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AnalysisThe Kingfisher family tree
The retail empire that emerged in the early 1980s has produced some of retail’s best-known names. Who are they and why was it such a hotbed of talent?
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AnalysisProfile: Martyn Gibbs, Game chief executive
Parachuted back into Game under new owner OpCapita, the keen gamer will lead a quest for its turnaround.
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NewsFormer Woolies staff share £68m payout
Former Woolworths employees have won compensation totalling £68m after being made redundant when the retailer collapsed in 2008.
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NewsFormer Woolworths stores almost filled
Just over 100 former Woolworths stores vacated following its collapse in January 2009 remain empty.
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AnalysisReview of the Year 2011: 03. March
Tesco’s attempts to go head-to-head with Asda’s Price Guarantee backfired after it was forced to issue a flood of refunds.
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AnalysisSouth Africa’s Pick n Pay seeks to follow Tesco’s lead
South Africa’s second-largest grocery retailer Pick n Pay has launched a premium private-label line.
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NewsHilco boss rakes in £4.5m in 2010
Hilco UK boss Paul McGowan took home a £4.5m bonus last year as the restructuring firm benefitted from snapping up ailing retailers.
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Woolworths confirms expansion plans
South African retailer Woolworths has confirmed it plans to expand its presence in Sub-Saharan Africa by more than doubling its store numbers on the continent. The move comes in response to Walmart’s African market entry in June.Woolworths spokesman John Fraser said: “We are now getting very serious about Africa expansion ...
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News
Joint venture between Woolworths and Lowe’s opens
Woolworths and US DIY retailer Lowe’s have opened their first store in Melbourne, Australia. The joint venture is a 145,315 sq ft hardware warehouse, and is the result of three years of planning. The store represents Lowe’s first foray outside North America and is the first joint venture of this ...
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AnalysisRetail Week On The Road: Midlands
We visit Birmingham, Leicester, Derby, Market Harborough and Nottingham
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AnalysisDIY is the next frontier for Australia’s grocery giants
Australia is a market that fared well during the economic recession thanks to its proximity and strong ties to Asia’s emerging markets.
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OpinionRetail’s week of woe could be just the start
In bad times, weak retailers fail. None of the names that have hit difficulty in the past week will have come as a surprise to anyone who follows the sector.
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NewsPoundstretcher returns to profit as it snaps up Alworths stores
Poundstretcher managing director Charles Kay said the variety chain returned to profit in the year to the end of March 2011 for the first time in six years.
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NewsIn Focus: Frozen food retailers
The frozen food specialists seem to be benefiting from current market conditions. Retail Week Knowledge Bank has recently updated its Farmfoods profile and added a new profile for Frozen Value.