Woolworths boss to move on

Retailer Woolworths today revealed the departure of its chief executive and said high street sales fell 2.2% in the first 19 weeks of its financial year.

Woolworths said it had agreed with Trevor Bish Jones that it was the right time to look for new leadership. He will leave in three months’ time after making a “significant contribution” during six years in charge, the chain said.