Woolworths Limited is a major Australian company with extensive retail interest throughout Australia and New Zealand. It is the second largest company in Australia by revenue, after Perth-based retail-focused conglomerate Wesfarmers, and the second largest in New Zealand. In addition, Woolworths Limited is the largest takeaway liquor retailer in Australia, the largest retailer in the world in 2008. Despite similar names, Woolworths Limited has no affiliation with the F.W. Woolworth Company in the United States, the now-defunct Woolworths Group in the UK or the South African chain of retail stores, Woolworths Holdings Limited. Its main operations include supermarkets (under the Woolworths brand in Australia and the Countdown brand in New Zealand), liquor retailing (as BWS and Dan Murphy's in Australia), hotels and pubs under the Australian Leisure and Hospitality Group (ALH Group) umbrella, and discount department stores under the Big W name in Australia. Woolworths Limited announced a loss of $1.235 billion for the FY16 financial year on Thursday 25th of August 2016, the biggest in more than 20 years since the company has been publicly listed on the ASX. Mainly due to more than $2 billion in write-downs of the failed Masters business & losses in the Big W business.

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