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Old 20-11-2008, 06:19   #81
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Share prices taking yet another battering around the globe. Further big losses yesterday continuing today in the Asian markets amid fears of a US recession. Certainly not helped by the big 3 US car makers saying they will go bust if they are not helped and helped quickly
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Old 20-11-2008, 08:52   #82
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Certainly not helped by the big 3 US car makers saying they will go bust if they are not helped and helped quickly
Made for very interesting viewing seeing these 3 CEOs being grilled about their business plans/use of private jets/personal wealth etc from people whose own constituents have small business,s going to the wall in droves without any help.
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Old 20-11-2008, 10:41   #83
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I like Woolworths. When pound shops and supermarkets started muscling in on the tat retail market they didn't seem to have a coherent answer. A few Big Ws here and there. A half-hearted stab at catalogue retailing. Alan Sugar had wanted to buy a stake in the company but the Icelandic banking collapse scuppered it.
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Old 20-11-2008, 11:07   #84
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In a lot of smaller towns, Woolies is the last place you can buy music off the shelf. It'd be real shame if music went pretty exclusively download/internet stores.
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Old 20-11-2008, 13:13   #85
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Just visited the Tesco Home store in Staines. Great range of stuff across 2 floors. i wonder why the likes of tesco arn't interested in Woolworhts. That many stores across the country rebranded with Tesco Home store.

Maybe they arn't bothered as every high street alread has a Tesco express/metro
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Old 20-11-2008, 13:25   #86
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Just visited the Tesco Home store in Staines. Great range of stuff across 2 floors. i wonder why the likes of tesco arn't interested in Woolworhts. That many stores across the country rebranded with Tesco Home store.

Maybe they arn't bothered as every high street alread has a Tesco express/metro
I would say your own comment is the answer there. Woolies aren't exactly a threat to Tescos and I don't think they would gain anything from spending money on buying them up.

More likely waiting for them to go bust, thus leaving the retail units empty - and then Tescos can dump a metro store there.
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Old 20-11-2008, 15:59   #87
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Funny you should say that meeti roti. The Woolworths on Knaresborough high street closed last week and Tesco have agreed to take over the site.
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Old 20-11-2008, 17:20   #88
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Theres a few of those Asda home stores that have cropped up over the last few years
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Old 24-12-2008, 10:59   #89
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whoa! Now Zavvi going under!

http://news.bbc.co.uk/1/hi/business/6386153.stm
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Old 24-12-2008, 11:00   #90
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There's a huge thread in the suppliers forum...
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