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IAN MOIR NEWS ON FASTMOVING

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Woolworths share price recovers on renewed optimism

Woolworths share price recovers on renewed optimism

13/06/2019 - 09:04
Shares in Woolworths have rebounded in recent weeks, thanks to a recovery in the sector and optimism that the worst may be over for the high-end retailer, whose foray into Australia has proven costly for investors. read more
Woolworths CEO confident that right strategies are in place

Woolworths CEO confident that right strategies are in place

21/02/2019 - 13:44
Woolworths Holdings announced results for the 26 weeks ended 23 December 2018. read more
Is Woolworths unravelling in Australia?

Is Woolworths unravelling in Australia?

15/02/2019 - 16:35
The sudden departure of two Australia-based nonexecutive directors of Woolworths has fuelled speculation that the troubled retailer will be forced to announce another huge write-down related to the R21bn acquisition of the David Jones department store. read more
Struggling Woolworths shares fall after two more directors leave

Struggling Woolworths shares fall after two more directors leave

12/02/2019 - 11:20
Struggling retailer Woolworths saw its share price decline to the lowest level since 2012 after saying two nonexecutive board members with extensive business experience in Australia resigned with immediate effect on Monday. read more
Woolworths Australia CEO resigns

Woolworths Australia CEO resigns

22/05/2018 - 11:07
South African retail giant Woolworths said that it had discontinued the role of regional chief executive in its Australian operations in a bid to simplify the leadership structure in that country following a strategic cost review. read more
Woolworths pins its hopes on the Ramaphosa effect

Woolworths pins its hopes on the Ramaphosa effect

23/02/2018 - 08:59
Woolworths has pinned its recovery on SA’s new political leadership under President Cyril Ramaphosa as the retailer’s woes have prompted it to cut its interim dividend for the first time in eight years. read more
Is Woolworths 'in need of a shake-up?'

Is Woolworths 'in need of a shake-up?'

29/01/2018 - 10:36
Analysts are divided on whether Woolworths CEO Ian Moir should fall on his sword after the retailer was forced to impair the value of its Australian department store chain, David Jones, by nearly R7bn. read more
Woolworths in eye of a storm

Woolworths in eye of a storm

29/11/2017 - 09:57
Woolworths chairman Simon Susman told shareholders at Tuesday’s annual general meeting that the board was confident of the group’s Australian strategy.  read more
No incentive payments for Woolworths executives

No incentive payments for Woolworths executives

04/09/2017 - 13:17
The Woolworths top management will not receive Christmas bonuses as the retailer failed to achieve profit targets. read more
Woolworths expands food division but clothing remains biggest profit driver

Woolworths expands food division but clothing remains biggest profit driver

25/08/2017 - 11:58
Woolworths’ clothing division remains its biggest profit centre, despite flat sales and squeezed margins. read more
Woolworths faces fight on many fronts

Woolworths faces fight on many fronts

22/06/2017 - 12:39
Shares in Woolworths, once regarded as a recession-proof retailer, are trading close to three-year lows as the company finds itself stuck between SA’s stalling economy, the cash-guzzling turnaround of its David Jones acquisition in Australia and an impending competitive onslaught from Shoprite, which is moving up-market. read more
Woolworths' nightmare in Australia

Woolworths' nightmare in Australia

28/02/2017 - 15:31
The retailer still seems to be an investment to hang on to, despite the slower growth markets it is trading in. read more
Woolworths sees green shoots in Australia

Woolworths sees green shoots in Australia

17/02/2017 - 10:35
Woolworths says it is beginning to see some "green shoots" in its Australian operations, with significant changes in store for David Jones and Country Road Group. read more
Woolies prepares for ‘onslaught’

Woolies prepares for ‘onslaught’

17/02/2016 - 10:18
Johannesburg - Woolworths is preparing itself for what CEO Ian Moir calls an “onslaught”, which he believes is coming in the next 3 to 5 years. read more
Woolies eyes Pick n Pay’s food trolley

Woolies eyes Pick n Pay’s food trolley

17/02/2012 - 13:40
High-end retailer Woolworths will be opening 10 new bigger-format supermarkets in the medium term, CEO Ian Moir said yesterday, the first of which will be on William Nicol Drive in Bryanston, Johannesburg, the street where competitor Pick n Pay has set up its premium offering. read more