King of Hits.co.uk - Tipsheet Messageboard

IMPORTANT NOTE:
You do NOT have to register to read, post, listen or contribute. If you simply wish to remain fully anonymous, you can still contribute.

Home

Forums

	Messageboards	Categories Show latest posts

Welcome, Guest
Please Login or Register. Lost Password?

Messageboards

Tipsheet

Tipsheet Messageboard

Post a new message in "Tipsheet Messageboard"

Name:

Subject:

Boardcode:

Message:
(+) / (-)

Emoticons





More Smilies

Enter code here

Topic History of: Woolies collapses - thank God!
Max. showing the last 5 posts - (Last post first)

Author	Message
JK2006	for sixpence, Zoo, you can pick'n'mix - three Woolies, two MFI's and a Northern Rock.
zooloo	They should sell it for sixpence.
BR	Good points. Some small HIGH STREETS could be decimated if WOOLIES closes - it will have a knock on effect. In fact their least profitable stores are probably propping up whole streets of shops as "destinations" Once WOOLIES starts closing there will a domino effect on the streets where it closes. That is the POWER OF GOOD OLD WOOLWORTHS. The MEDIA have slagged the shop off all the time - yet their shops are always busy - just not making enough money in these high costs days. The MEDIA and GOVERNMENT are slaves to Tesco - Sainsbury and Wallmart. They wish this to happen to increase once again their profits and their dominance.
Broadgate Gnome	Its not just Woolies retail shops though is it. Its also Entertainment Uk!! This is the firm that distributes to everyone else----asda , tesco, hmv etc etc and have a hand in generating most of the special offers in and features in TV ads. So this could all become quite a threat to the whole industry. Woolies has always been troubled since inception , but what really caused this problem was the demerger from Kingfisher. They took Charterhouse --the company that owned all of the Woolies shops, after committing them to new leases at premium rates. It was a move a bit like the one that destroyed the Pub industry -- injecting seperate landlord companies into the system expecting big payments. Personally I see the threat of having to go through a recession without a woolies a bit fearful. ( ok and yes a good proportion of my households income comes from that quarter) DD
JC	There are not many (if any) stores near me offering the same products for less money than Woolworths. Maybe in the larger cities there will be. I've heard a few people say that it has failed to move with the times, but I'm never sure what they mean. They sell a variety of goods and I have enjoyed shopping there. In what way have they not moved with the times?