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Topic History of: Woolies in trouble .
Max. showing the last 5 posts - (Last post first)

Author	Message
Michael	Elliott Peters wrote: There were reports, rumours and speculation about this earlier this year. I think now with the economy in the state it's in, Woolworths is living on borrowed time. Very sad. One shudders to think how many more businesses will likely go under over the next year or so. A lot of companies that were on the brink, or who stretched themselves with an acquisition, are hovering.
Al	I remember Woolworth being bought by the Kingfisher group in the early 90s, so it won't be the first time it's been taken over. It's still one of the stores in my town I use the most, especially around Christmas. I hope it survives.
emmapeelfanclub	There were reports, rumours and speculation about this earlier this year. I think now with the economy in the state it's in, Woolworths is living on borrowed time. Very sad. One shudders to think how many more businesses will likely go under over the next year or so.
Walter Sobchak	From the BBC business web site Woolworths in stores sale talks Woolworths has been a presence on UK High Streets for nearly 100 years Troubled retailer Woolworths has confirmed that it is in talks about a possible sale of its retail business. The retailer did not identify who it was talking to, but the Times reported it was considering a sale to turnaround specialists Hilco for a nominal