woolworths
Iceland purchases 51 Woolworths stores
Friday, January 9th, 2009Frozen food retailer Iceland has bought 51 former Woolworths stores, and has announced it plans to create 2,500 new jobs.
The statement comes just three days after the final 200 Woolworths stores closed their doors for the last time.
“We are confident we can help to support the local community in these towns who have lost a […]
Woolworths circled by potential buyers
Friday, November 28th, 2008Potential buyers have come flooding in for both Woolworths’ stores and for the business as a whole.
Deloitte administrator Neville Kahn said: “With both the retail and EUK we’ve been flooded with inquiries. We’ve got people who want to buy the business as a business and we’ve got people who want to buy stores. We’re talking […]
The City view - Woolworths
Tuesday, August 26th, 2008Rumours in the media over the weekend that the Baugur-led approach for Woolworths could be revived this week has reinforced the recent upgrade to ‘Buy’ from Altium Securities.
The 6.5% increase last week in the Woolworths share price has been added to this morning by a gain of a further 2.5% to take the shares to […]


