Woolworths to Sell Electronics Unit to Focus on Gr
By Robert Fenner
(Adds closing share prices starting in fifth paragraph.)
Jan. 31 (Bloomberg) — Woolworths Ltd., Australia’s largest retailer, plans to sell its Dick Smith electronics unit to focus on its supermarkets as competition and falling prices crimp earnings from selling computers and televisions.
The supermarket chain and general retail operator will take a A$300 [...]