Thursday, 11 December 2008

Diamond bracelets Woolworths doesn’t sell

Nor anything else for that matter - at least that's how it looks for the UK branch. The company has supplied British families with a wide range of goods for 99 years and now the variety seems to be it’s downfall.

Today saw the start of store closure sales in all 815 outlets - good for Christmas shoppers looking for a bargain, but not so good for their 30,000 employees. Administrator Deloitte is trying to save as much as possible of the chain by this sale and trying to : "Christmas is clearly the busiest time of the year for retailers and it is prudent to do all we can to sell existing stock."

Some of the other retailers may be interested in the most profitable parts, but Theo Paphitis from the Dragon's Den has not deemed it worth his while.

I just wanted to use that headline, really.


sageweb said...

I didn't know woolworths was closing.

Joe said...

I didn't know this was a British shop... the last Woolworths in the US closed some years ago. That sort of "5 & 10" shop is such a nostalgic memory from my childhood. I love the kinds of shops where you can find almost anything. Now I suppose we have much more variety and opportunity. Blech.