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Troubled retailer Woolworths is in talks to sell its high street stores. it has emerged.
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Woolworths is in talks to sell its troubled retail arm to restructuring specialist Hilco.
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Struggling High Street chain Woolworths confirms that it is in talks about the possible sale of its retail business.
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High street store Woolworths' retail division is poised to go into administration later today, a company source said.
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Woolworths' administrator has assured staff of the failed retailer that they will be paid - and has vowed to keep the stores open until after Christmas
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WOOLWORTHS' 850 stores could be sold off piecemeal to rivals as early as this week, despite offers to save the business — including bids for the whole group.
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Woolworths will launch a closing-down sale today in all of its 815 outlets across the UK after administrators expressed concern that a buyer will not be found for the ailing retailer.
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Around 400 jobs are under threat in the North as Woolworths begins a pre-Christmas stock clearance amid ongoing efforts to save its shops from going out of business.
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SUPERMARKET operator Woolworths says it is well placed to weather the economic downturn and it expects to open more stores and create more jobs.
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Administrators at Woolworths say the chain's 807 stores will close by 5 January and 27,000 staff are set to lose their jobs.
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Woolworths' 807 stores will disappear from the high street by January 5 putting 27000 jobs at grave risk unless a lastditch sale can be secured the retailer's administrators warned today.
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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 British company and the loss of almost 30,000 jobs.
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Woolworths plans to close all of its 807 stores on January 5 after Deloitte, administrator to the collapsed variety retailer, failed to find a buyer
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After trying unsuccessfully to find a buyer, Woolworths has announced that it is shutting down its 807 stores for good, with the last one to close Jan. 5, and many shoppers are feeling nostalgic.
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A quarter of Woolworths stores will close today as the end looms for the failed retailer.
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Seventeen Woolworths stores in the West Midlands close their doors for the final time on Saturday.
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The first Woolworths branches to end trading in Scotland were due to close on Saturday.
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Trading in five Woolworths stores in Northern Ireland comes to an end with all branches closing next month.
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Shoppers find savings of up to 90% as a quarter of Woolworths' 800 stores close their doors for the final time.
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More than 200 of the 813 Woolworths stores close down on Saturday after the century-old institution became a victim of the UK's economic slowdown. The closure of 'Woolies', as it is known, will affect around 27,000 full and part-time employees.
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Shoppers find savings of up to 90% as a quarter of Woolworths' 800 stores close their doors for the final time.
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The final closure of the remaining 200 Woolworths stores is due to take place, the retailer's administrator says.
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The remaining 200 Woolworths stores across the UK close their doors after the High Street chain's final day of trading.
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BRITISH retail institution Woolworths closed the doors on a century of trading as the latest victim of the financial crisis shut down the last of its stores today.
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The remaining 200 Woolworths stores across the UK close their doors after the High Street chain's final day of trading.
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The golfer is promoting his latest business venture, a golf course he is designing about 70 miles, or 112 kilometers, south of San Diego.
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While the world's central banks showed they could act swiftly and in concert by jointly cutting interest rates this week, recent events have shown governments are determined to stick to their own national rescue plans
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The stockmarket is as grudging as ever about the government's bail-out for the High Street banks
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The Quebec government has reached a compromise with grocery stores over how many staff they can employ on holidays and at night.
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While central banks in many industrialized countries chop short-term interest rates to boost economic growth, what it costs to borrow money to buy a house or a car will likely rise in the coming months.
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The truth about . . . schoolwork: In early October, players juggle a hectic football schedule and midterms. At this time of year, USC football players face a double threat that has nothing to do with running-passing quarterbacks.
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FA chairman Lord Triesman has been accused of posturing and gesture politics as a war of words broke out between the English game's governing body and the League Managers' Association.
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I’m depressed. It’s cold outside, the clocks are going back and everyone - myself included - is moaning about the credit crunch. Darkening clouds aren’t just consigned to the economic horizon; they’re glaring me in the face whenever I gaze outside. But I’m learning fast that at the flick of a light switch, my mood lifts.
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Parliament on Friday passed a law allowing the Central Bank to make unsecured loans to commercial banks, continuing their anti-crisis strategy.
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HEADLINE Russia Approves Loan Plan to Ease Credit Crunch
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Players and Coach of the Leone Stars have been talking tough ahead of tomorrow's clash with the Super Eagles at the Abuja National Stadium even as the team shunned breakfast yesterday morning at their Chelsea Hotel abode.
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