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Old 26-11-2008, 17:56   #21
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Hope they can save 30,000 jobs.

can the goverment take them over, just like northern rock?
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Old 26-11-2008, 18:02   #22
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>>>>

they could take them over till they find a buyer? 30000 jobs is alot to lose + knock on effects
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Old 26-11-2008, 18:08   #23
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The take over of Northern Rock was for completely different reasons, it was to provide financial stability in the banking system (which seems to have worked pretty well ).
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Old 26-11-2008, 18:13   #24
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Yes I know, just a thought, seems a great shame for all the job losses, I was thinking if they could step in and try and salvage something.
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Old 26-11-2008, 18:15   #25
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Don't quote me but I think Woolworths is going into administration, not sure if I heard right.
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Old 26-11-2008, 18:20   #26
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Don't quote me but I think Woolworths is going into administration, not sure if I heard right.
Yes it is , its true
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Old 26-11-2008, 18:25   #27
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Woolworths is VERY I doubt there really is a "Woolies" anyway and any property or assets will have been raped long ago by the usual money men.
Who are they then???
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Old 26-11-2008, 18:34   #28
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Terrible news but not a surprise. Seemed to be staffed exclusively by bored 16 year olds whenever I went in. There's a Wilkinsons right next door to my local Woolies, so this must be great news for them.
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Old 26-11-2008, 18:35   #29
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They shouldn't have spent the Ł20 million on that Jackie Chan and muppets advert.
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Old 26-11-2008, 18:41   #30
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Can the goverment take them over, just like northern rock?
I like the idea of a state owned sweet shop!
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Old 26-11-2008, 18:42   #31
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What a cruel twist of fate, just a little longer and people would have been barging down their doors to get 2.5% off pick n' mix.
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Old 26-11-2008, 18:46   #32
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I would not be surprised if WHS were soon to follow.

The stores have not been making money for a long time, while the distribution arm does and they did contemplate spliting the two (as did Woolworths look into before entering administration).

The problem with both of the stores is they carry a wide selection of items but no depth and online retailers will outprice them, they are not going to compete they also both tend to have large stores.

I feel for the staff, not a good thing to happen at any time of the year.
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Old 26-11-2008, 18:51   #33
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http://news.bbc.co.uk/1/hi/business/7751064.stm
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Old 26-11-2008, 18:54   #34
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What a cruel twist of fate, just a little longer and people would have been barging down their doors to get 2.5% off pick n' mix.


I haven't bought anything in Woolies for a long time. I stopped buying DVDs and CDs because they used to use the scratchy cardboard sleeves so had to keep taking back skipping discs. No idea if they stopped using them or not. It's always busy in my local Woolies but I don't really see 'that' many people paying for stuff at the tills. It seems to be a shop you walk through on the way to somewhere else or somewhere to browse around when you have a few minutes to spare.

They need to bring back K-Tel and the 'Top of the Pop' albums ("we have tried to get as many of the original artists as possible...").
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Old 26-11-2008, 18:57   #35
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Both Woolies and WHS are so out of touch with what consumers want these days.

Look at both their online sites - hideous and totally uncompetitive.
You have got to have solid online pressence these days to be able to compete on the high street.

HMV and Zavvi have managed it - just. Even supermarkets are managing to keep up.

It amazes me that Waterstones and Borders keep going to be honest - especially when you look at the prices in store - which idiots are paying these prices?"?"

I'm sure WHS will be the next to go. Both them and Woolies are just relics from the high street of the 80's.
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Old 26-11-2008, 19:05   #36
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Hope they can save 30,000 jobs.

can the goverment take them over, just like northern rock?
I hope not! I am sick to death of financing all these idiot companies who dont know when they should just go and shut down. Yes its a lot of jobs, but so what! if they had done better work and did the selling better they would not be going bust.

If my company went bust tommrow, I would loose my job, not get a step up from a pathetic government who created this mess in the first place.
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Old 26-11-2008, 19:14   #37
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Where are the nations shoplifters going to go with no Woolies!!!
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Old 26-11-2008, 19:27   #38
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I bought a DVD in there today. Which is about the first DVD I've bought from them since I got the Alien trilogy for 9.99 way back in the days when the bargain forum actually had some serious bargains in it. Will my receipt be worth money on eBay?
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Old 26-11-2008, 19:30   #39
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Very, very sad, Where else could you buy a CD, a Star Wars toy, gardening gloves, a giant toblerone and iron-on pocket repair material in the same shop?
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Old 26-11-2008, 19:34   #40
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Poundland or the other assorted wannabe shops that smell funny.
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