Woolworths said in a statement that it was in discussions over the potential sale of its 840 stores.
The firm said it was also in talks over the sale of its 40% stake in 2 Entertain, the publishing joint venture with BBC Worldwide.
It warned that both deals needed the backing of its banks, and that there was "no assurance" they would be completed.
Woolworths will meet Iceland's chief executive for new talks about a takeover of its retail business.
Value retail chain Poundland has today announced that it has purchased 12 ex-Woolworths stores.
Deloitte has been confirmed as the appointed administrator of Woolworths.
Woolworths has issued a half-year trading update, showing group sales down 3.1 per cent.
Woolworths is launching its biggest ever sale today, with up to 50 per cent off toys and other products.
Woolworths has returned as an online business today, six months after the High Street retailer?s administration.
Former Tottenham Hotspur vice-chairman David Bulcher is the latest favourite to buy Woolworths say reports.
Woolworths commercial director Steve Jebson says toys can become its biggest seller over the next few years.
Vivid is Britain’s biggest toy company and the 20 largest in the world. With offices across the globe, they sell an amazing portfolio of toys and games to over 60 countries. Vivid is best known for its association with blockbuster brands and is very excited about future opportunities around the world.
Liberty House Toys have been appointed as the exclusive UK distributor for the BiOBUDDi brand, and we are pleased to introduce this new unique, innovative and exciting range of 100% environmentally-friendly toy building blocks. We are seeking experienced sales agents with existing network in the toy retail market.
Our client is a privately owned French toy and games manufacturer which sells through distributors in forty countries. The company develops and sells innovative electronic interactive toys and games for the educational and gaming markets, and also takes suitable licenses. To progress its successful business development a Head of Product Development & Marketing is to to recruited.
The Contract System Coordinator is a newly created role to support the deal term entry process into Mattel’s new Contract Management System for its Licensing business. The role will support the Business Teams at the Deal & Amendment phase of the contracting process and act in conjunction with the System Administration team.