Woolworths fears grow
Updated on 26 November 2008
Shares in Woolworths have been suspended as talks continued to try to rescue the business.
Growing fears over Woolworths have meant its share price has fallen 90 per cent over the past year.
It hopes to sell off more than 800 shops to a restructuring specialist, in a move which could mean the loss of thousands of jobs.
And amid continued gloom for retailers, reports have suggested the furniture chain MFI is also in trouble.
