I think at some point in the hazy past there was an advertising slogan "The Wonder of Woolies". I'm guessing there must have been, because:
The... blunder of Woolies. Right. And:
The... go under of Woolies. Mm, not quite so good, that one.
I thought I was getting on a bit but apparently even I'm too young to have heard of The Wonder of Woolies. Which makes me wonder why these national papers thought it'd be a wizard wheeze to use it as a front-page headline.