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Woolworths is seeking retail partners to share space in 80 of its high street stores, with Somerfield having agreed to open food concessions in three outlets.

Woolworths is to relocate its THE book distribution business from Chesterton to its recently-acquired Bertram business in Norfolk in December, with the loss of 150 warehouse jobs.

Woolworths is to acquire Bertram, the Norwich-based book distributor, for about £29m, in order to expand its Entertainment UK wholesaling subsidiary.

Woolworths is planning to open 100 new stores over the next five years, while up to 25 of its larger sites will be closed.

Woolworths has acquired Total Home Entertainment Distribution, the wholesaler of entertainment products, from 3i for £20m.

Woolworths is looking to open up to 50 franchised Ladybird children's wear stores over the next five years.

Woolworths has sold its MVC chain of 76 music and DVD stores to a group of investors led by Argyll Partners for £5.5m.

Woolworths is to invest £25m in a refurbishment programme for its main high street stores this year, while its Big W stores will be rebranded as Woolworths and some of the larger sites will offer sub-lets to other retailers.

Woolworths is to create more than 250 jobs in Aberdeen in July, with the opening of a Big W store at the Boulevard retail park.

Woolworths is planning to expand its chain of 14 Big W megastores to 100 in the long term, with four due to open by the end of this year.

Woolworths is to open a £7m Big W megastore in Newport in October with the creation of 280 jobs.

Woolworths has announced that its VCI subsidiary has sold the trading assets of its entertainment distribution business, Disc Distribution, to Deluxe Video Services for under £1m.

Woolworths is planning to open a buying office in Hong Kong, to source products for its own label range.