I feel so sad that a wonderful chain like Woolworths will not be part of the high street in 2009. Like so many others I grew up with it, but to my shame I have not shopped there for some while, and like others I would have shopped there if we the public had been told it was in such serious trouble.
So in the last few years in our high street we have lost C & A, Littlewoods and now Woolworths. What is happening to this country that we can throw away our traditions in favour of coffee and chocolate retail outlets!
For the thousands of staff who will lose their jobs I say sorry.
Its not the best way to start the new year. Going into liquidation is not he same as closing down ! It simply means they are turning all their assets into raw cash - to make a buy-out or take-over more lucrative !
I think we'll see the Woolworths brand through into the new year and beyond - unlike 'Littlewoods' who just closed all their high-street stores in order to provide a solely mail-order business ! Littlewoods did it deliberately - Woolworths didnt have a choice ! I think that they will- they have stock and the liquidators will need to try and get some cash for this - and quickly. Lets face it - they stood more chance getting rid of stock in pre Christmas sale than they would have in January, when everyone would be struggling plus they may not be have been able to wait as long as the new year to get things sorted out. What do you know, who would have ever thought it, in receivership, who's next Mark's and Sparks!!, if they go, will Gorden Brown, dip in his magic purse. I appreciate we are all in for a hard time ahead, and that you are very concerned.End of an era indeed and very sad for 'oldies' like me . I have so many memories of learning how to spend my pocket-money pennies with a wide choice that made the experience valuable for my future as a consumer.
God bless Wollies!
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