News
Woolworths reports �100m H1 loss
Tim Ingham Sep 17 2008, 1:24pm
Group loss hits new high as retail business sees �70m shortfall
Woolworths has reported group losses of almost £100 million for the six months to the start of August.
Sales for the retail business were £660.7 million in the half-year, down 3.2 per cent like-for-like.
The company's entertainment wholesale and publishing arm - including its BBC Worldwide joint venture 2entertain - posted sales of £446.3 million.
Overall group losses of £99.7 million compared with a deficit of £63.8 million a year earlier.
To read the full story, head over to our sister site MCV.
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