“..Woolworths:everything must go..”..(the retail giant/icon is about to ‘go under’..is offered for sale..at one pound..(!)
“..For 30,000 Woolworths staff it may be a bleak Christmas..
..as it became clear yesterday that the veteran high-street retailer could go under this week if management cannot clinch a fire sale.
Woolworths evokes nostalgia for precious pocket money spent on bottles of cola and ill-advised chart singles by Bucks Fizz.
Last week it became clear that Woolworths itself was worth only pocket money..
..with management in talks to sell the 800-store chain for £1.
The collapse of Woolworths would be by far the largest retail failure this year..
..symbolising the high street’s woes..”
go to source/story>>Woolworths: everything must go | Business | The Observer