All Woolworths articles – Page 5
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AnalysisReasons to be cheerful
The bank holiday festivities are over and it is back to the grind of tough trading and ferocious competition. But it’s not all doom and gloom for the industry. Here we highlight why there is plenty of reason for optimism…
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NewsFive Alworths stores closed
Five Alworths stores have closed after the ‘son of Woolworths’ chain collapsed last month.
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AnalysisWhere next for the sons of Woolworths?
Last week ‘son of Woolworths’ Alworths went into administration after weeks of uncertainty. Does its collapse prove right those who said the variety store format is dead? Rebecca Thomson investigates
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NewsAlworths goes into administration
Alworths, the ‘son of Woolworths’ chain launched by a former Woolies director, has collapsed into administration, Retail Week has learned.
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NewsControversial asset-based refinancing tops up TJ Hughes
Value department store group TJ Hughes has refinanced using an asset-based facility rather than conventional borrowing.
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News
Woolworths to acquire The Cellarmasters Group from Archer Capital for £214.6m
Woolworths is to acquire The Cellarmasters Group from Archer Capital for AUS340m (£214.6m). Cellarmasters is one of Australia’s largest direct-to-home wine retailers and providers of contract bottling and wine services with operations in Australia and New Zealand. The business represents a complementary bolt-on to Woolworths’ existing liquor portfolio, which ...
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NewsJJB may abandon ‘Serious about Sport’ tag
JJB Sports may drop its ‘Serious about Sport’ tagline as part of revival plans because of concerns that it is perceived as intimidating.
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NewsRetail mourns Nigel Whittaker
The retail industry paid tribute this week to Nigel Whittaker, the former Kingfisher director who died last weekend after a long illness.
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NewsLloydspharmacy appoints head of retail
Lloydspharmacy has appointed former Carphone Warehouse buyer Jeff Wemyss as head of retail.
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NewsPage pledges to grow Lloydspharmacy
Incoming Lloydspharmacy managing director and former Woolies commercial chief Tony Page has vowed to expand the business.
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NewsPoundworld to roll out multi-price store format
Single price point retailer Poundworld is to roll out it multi-price format, Discount UK, as it opens its second store in Stevenage.
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NewsCredit insurers vow not to pull plug on retailers
Insurers insist there won’t be a repeat of the withdrawal of cover despite HMV’s woes
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NewsThe Co-op appoints Gill Barr as marketing director
The Co-operative Group has appointed Gill Barr as its group marketing director.
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AnalysisHow many stores does a retailer need?
Could HMV’s decision to downsize signal a more general trend for retailers to slim down their property portfolios, asks Nicola Harrison
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News
A third of Woolworths stores still vacant two years after closure
A third of Woolworths’ 800 former stores still lie empty two years after the shutters came down, and experts believe that they are likely to remain vacant because of their locations.
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OpinionA white-knuckle ride into Christmas
It’s ironic that while Christmas decorations come into stores earlier every year, customers are leaving their spending even later.
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News
Woolworths profit to rise between 8% and 11% in 2011
At its AGM, Woolworths chief executive Michael Luscombe said the company had experienced an extraordinary couple of years and profit would remain on course to rise between 8% and 11% in the 2011 financial year. Luscombe spoke of how Woolworths was preparing for its entry into the home improvement business ...
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NewsAlworths continues to grow after first year
Alworths, the variety store that sprung from the ashes of Woolworths, enjoyed a record week last week as it hits its first year anniversary today.
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News
Woolworths to open 10 big-box home improvement stores in Victoria
Woolworths is to open 10 big-box home improvement stores over the next 12 months in Victoria in a bid to expand its DIY store presence. Nine of the stores will open in the Greater Melbourne area. The chain has become involved in the hardware retailing business through a joint venture ...
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News
Woolworths Q1 sales increase 4% to £8.4bn
Woolworths reported a 4% rise in first-quarter sales to Aus$13.91bn (£8.4 bn). Sales at the company’s food and liquor division in Australia for the quarter increased by 3.2% to Aus$9.29bn (£5.6bn), as like-for-like sales rose 2%. Woolworths’ New Zealand supermarkets sales had an even stronger increase of Aus$1.07bn (£642m) during ...