AUSTRALIA'S WOOLWORTHS CITES IMPROVED PERFORMANCE

SYDNEY, Australia (FNS) -- Woolworths, Australia's largest supermarket chain, said it boosted its share of the overall market and improved earnings in the year ended in June. Roger Corbett, group managing director and chief executive officer, said that by the year-end, Woolworths' market share of food, liquor and grocery had grown from 1 percent to 25.6 percent. The company added 26 new supermarkets

SYDNEY, Australia (FNS) -- Woolworths, Australia's largest supermarket chain, said it boosted its share of the overall market and improved earnings in the year ended in June. Roger Corbett, group managing director and chief executive officer, said that by the year-end, Woolworths' market share of food, liquor and grocery had grown from 1 percent to 25.6 percent. The company added 26 new supermarkets to the chain, with the closure of seven smaller stores during the year, bringing the total num

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