Restructuring Woolworths Group Plc. - The Attempt that Failed

            
 
Strategic Management|Management Strategy |Business Strategy Case Study|Business Strategy|Case Study|Case Studies

ICMR HOME | Case Studies Collection

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:

Business Ethics Case Studies | Case Study in Management, Operations, Strategies, Business Ethics, Case Studies



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

Custom Search



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.



Chat with us

Strategic Management Formulation, Implementation, & Control, 12e

Please leave your feedback

Leave Your Feedback

ICMR India ICMR India ICMR India ICMR India RSS Feed

Case Details:

Price:

Case Code : BSTR323 For delivery in electronic format: Rs. 300;
For delivery through courier (within India): Rs. 300 + Rs. 25 for Shipping & Handling Charges

Themes

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

Abstract:

Woolworths Group Plc. (Woolworths) was a 99 year old multispecialty retailer and wholesale distributor of entertainment products chain in the UK. Woolworths had two broad lines of business - a retail arm Woolies and wholesale distribution of entertainment products. Since the year 2001, Woolworths operated in a highly competitive retail environment alongside supermarket chains. Faced with high debt of 350 million and slowdown in retail industry in the UK, Woolies and Entertainment UK, Woolworths' wholesale entertainment distribution arm, were forced to file for administration on November 27, 2008. The appointed administrators were unable to revive Woolies even in its peak Christmas season and were also unable to bring about conclusive deals to sell off Woolies as a going concern.

Business Strategy | Case Study in Management, Operations, Strategies, Business Strategy, Case Studies

Ultimately, Woolworths had to close down all Woolies stores in a phased manner by January 06, 2009. After the closure, the name Woolies was planned to be relaunched based entirely on an online mail-order retailing and delivery format by summer of 2009. This case study examines the problems experienced by Woolies and debates whether its retail and entertainment chains could have been saved and revived.

Issues:


Understand the importance of changes in the economic environment on the sustainability of an organization.

Analyze the risks involved in using long term financing sources to fund working capital requirements and its effects on debt and solvency of the business.

Assess the impact of the global, economic and local market environments on exposing the inherent weaknesses of an organization.
 
Analyze the strengths and weaknesses of a retail organization.

Contents:

  Page No.
Introduction 1
Background Note 2
Restructuring at Woolworths 4
The Fall Begins 6
Woolworths in the Red 10
The Aftermath 12
Exhibits 14

Keywords:

Woolworths Group Plc, Woolies, Credit Crunch, Woolworths' Demerger from Kingfisher, Administration, Kingfisher Group Plc, Restructuring, Leverage, Debt Management, Operations Management, Insolvency, Supply Chain Restructuring, Business Simplification Strategy, Entertainment UK, Cost Control, Global Financial Crisis, Financial Statements of Woolworths Plc, Job Losses, Financial Closure

Restructuring Woolworths Group Plc. - The Attempt that Failed - Next Page>>

Business Ethics Case Studies | Case Study in Management, Operations, Strategies, Business Ethics, Case Studies


Custom Search





Economics for Managers Textbook
Textbooks Collection

Economics for Managers Workbook
ICMR books Collection

Case Studies in Business Strategy Volume VI

Case Studies in Business Strategy
e-Book on Business Strategy

Case Study Volumes Collection

 

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.