Woolworths, the 100-year-old sweets-to-DVD retailer that collapsed earlier this year, will on Thursday be revived as an online business by Britain's biggest home shopping retailer, Shop Direct, which bought the brand name in February.
Bankrupt department store chain Woolworths, a stalwart of British retailing for 100 years, turned out the lights at the final 200 of its 807 shops on Tuesday.
Woolworths Group on Wednesday posted a wider adjusted first half loss as its same store sales slid, but said it expects a better second half.
Confectionery to DVDs retailer Woolworths Group Plc could be broken up under a takeover plan devised by Icelandic investor Baugur