Restructuring Woolworths Group Plc. - The Attempt that Failed


IBS CDC IBS CDC IBS CDC IBS CDC RSS Feed
 
Case Studies | Case Study in Business, Management, Operations, Strategy, Case Study

ICMR HOME | Case Studies Collection

Case Details:

Case Code : BSTR323
Case Length : 19 Pages
Period : 2001-2008
Pub Date : 2009
Teaching Note :Not Available
Organization : Woolworths Group Plc.
Industry : Retail
Countries : UK

To download Restructuring Woolworths Group Plc. - The Attempt that Failed case study (Case Code: BSTR323) click on the button below, and select the case from the list of available cases:





Price:

For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges

Business Strategy Case Studies
Case Studies Collection
Business Strategy Short Case Studies
View Detailed Pricing Info
How To Order This Case
Business Case Studies
Area Specific Case Studies
Industry Wise Case Studies
Company Wise Case Studies



Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

<< Previous

Excerpts Contd...

Woolworths in the Red

Woolworths reported a half yearly loss of 90.8 million for the first half of 2008-09, as against 64.3 million in the corresponding period of 2007-08. Retail sales declined by 5 percent from 695.6 million in the first half of 2007-08 to 660.7 million in the first half of 2008-09 and third party sales of the entertainment wholesale and publishing business also declined by 1 percent to 416.8 million during the first half of 2008-09. While both divisions posted operating losses, the group adjusted net loss posted was mainly on account of the loss recorded by the retail division during the first half of 59.2 million in 2007-08 and 75 million in 2008-09...

The Aftermath

Some analysts debated whether businesses like Woolies and EUK that had vast potential, could have been turned around if they had been handled judiciously. Ardeshir Naghshineh, Woolworths' largest shareholder that held 10 percent equity stake in the company, too felt that the closure of Woolies was "unnecessary."...

Exhibits

Exhibit I: Financial Highlights of Woolworths Group Plc. (2001-08)
Exhibit II: Interim Financial Highlights of Woolworths Group (26 Weeks Ended on August 04, 2007 and August 02, 2008)
Exhibit III: Net Debt Obligations of Woolworths Group (As Of February 02, 2008 and August 02, 2008)
Exhibit IV: Chart Representing Segment Revenues of Woolworths Group (26 Weeks Ended On August 04, 2007 and August 02, 2008)
Exhibit V: Financial Highlights of Woolies (2005-08)
Exhibit VI: What Woolies Meant to the British


Case Studies Links:- Case Studies, Short Case Studies, Simplified Case Studies.

Other Case Studies:- Multimedia Case Studies, Cases in Other Languages.

Business Reports Link:- Business Reports.

Books:- Textbooks, Work Books, Case Study Volumes.