Woolworths

New Woolworths Boss May Be Year Away as Cairns Asks for Patience

Woolworths, the Australian supermarket chain looking for a new boss, said it may be another 12 months before fresh leadership is installed, complicating a...

Woolworths' Shares Gain As Clothing, Food Retail Sales Climb

Woolworths Holdings, South Africa’s biggest retailer by market value, said that sales gained 18 per cent in the first 20 weeks of its financial year,...

Aussie Grocery Giant in Leadership Limbo Fuels Bond Market Angst

Bond investors are souring on Woolworths as sales slump at Australia’s largest supermarket chain and the company still hasn’t named a new boss....

Woolworths Slumps as Key Sales Measure Falls at Record Pace

Woolworths said its key measure of sales in the first quarter fell at the fastest rate in records dating back to at least 2005, as Australia’s l...

Buyout Firms Said To Approach Woolworths On $1 Billion Big W

Blackstone Group LP, KKR and Co. and TPG Capital have made preliminary approaches to Australian retailer Woolworths Ltd. to express interest in its Big W d...

Woolworths CEO Ian Moir Sells Company Shares Worth $3.7 Million

Woolworths Chief Executive Officer Ian Moir sold shares worth 51 million rand ($3.7 million) this week, reducing his stake in South Africa’s biggest...

Woolworths’ Private Label Milk Operation Enlarged

In a move which will involve the production 115,000 bottles of fresh milk daily, Woolworths’ private label milk supplier, Fonterra, has poured A$31 m...

Woolworths Names New Chairman Amid First Sales Drop Since 2005

Woolworths, Australia’s largest supermarket chain, appointed a new chairman and posted annual results that matched analyst estimates as its key sales...