Woolworths returned its high-street business to the black today before warning it faced more challenging trading conditions ahead.

Woolworths said today its retail arm should return to profit in the current financial year, despite falling sales and a “very challenging” Christmas.

British retail chain Woolworths reported weaker store sales today as it geared up for the Christmas trading season in cautious mood.

UK Retailer Woolworths offered some encouragement on trading today after the wet weather helped boost sales of its indoor products, such as DVDs.

Woolworths unveiled a much-needed boost today after its wholesale arm secured a major contract to supply Virgin Retail with entertainment products.

Woolworths vowed to rescue sales in time for Christmas today after the struggling high street chain plunged deeper into the red.

Woolworths is to begin supplying Sainsbury’s with entertainment products after a £20m (€29.6m) acquisition offset the loss of a wholesale contract with Tesco.

British retailer Woolworths revealed today that its wholesale distribution arm had lost a contract to supply Tesco with DVDs, music and games products.

British retailer Woolworths today reported a recent pick-up in sales but warned it faced a battle to lure in customers over the key Christmas period.

Woolworths could announce the sale of its music and video chain as soon as tomorrow, it was reported today.

Toys-to-sweets retailer Woolworths today said tough conditions on the UK high street had continued to take their toll on the business.

Woolworths unveiled a trio of senior appointments today as part of moves by the retailer to bring “added strength and expertise” to its boardroom.

The boss of Woolworths was today reported to have been sounded out about the possibility of leading a management buyout of the high street retailer.

British retailer Woolworths today said poor weather had failed to dampen trading as it reported a 1% rise in like-for-like sales at its high street stores.

UK high street retailer Woolworths offered further encouragement about its trading revival today after posting a 6.5% hike in first quarter sales.