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Retail going backwards but news not all bad as penny drops

WHEN Woolworths boss Michael Luscombe warned last week that 2012 would be the retail sector's most challenging year, he...
Australian grocery giant to accept China's UnionPay cards

Woolworths sees no respite for struggling Australian retailers

Australia's largest retailer Woolworths Ltd sees nothing that will loosen consumers' tight-fisted shopping habits as another tough year looms,...
Australian grocery giant to accept China's UnionPay cards

Woolworths poised for steady handover

Michael Luscombe would be reasonably satisfied with Woolworths' performance, in the circumstances, as he prepares to hand over responsibility...
Australian grocery giant to accept China's UnionPay cards

Woolworths post 27 per cent jump in second-half profit

Australia's largest supermarket chain Woolworths Ltd posted a 27 per cent rise in second-half profit. The second-half net profit...