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ok, i work at woolworths... my store NO`S NOTHING... about a so called closeing down sale.. we wud have had to put all the signs up to tonight if that was the case... read this
Woolworths are to launch a closing-down sale after administrators said they had so far failed to find a buyer for the ailing retailer. Up to 25,000 jobs at the firm's 813-strong retail chain are under threat as the hunt for a rescue continues. Deloitte warned on Wednesday that some stores could close before the end of December if no offers for the business emerged. Woolworths has been in business for almost a century but was forced to call in administrators two weeks ago as debts and losses mounted in a worsening high street climate. More News Benefit reforms 'compassionate': PM 'Whistle-blower hotline' considered Bank merger law challenge rejected Parents 'relieved' over verdict Related Links Deloitte Deloitte - which has already launched a massive sale with up to 50% off toys and gifts to generate cash for creditors - had previously pledged that stores would carry on trading beyond Christmas while a rescue deal was sought. Reorganisation services partner Neville Kahn said Deloitte was making "every effort" to convert interest in Woolworths into firm offers. "While we are still seeking bids from interested parties, Christmas is clearly the busiest time of the year for retailers and it is prudent to do all we can to sell existing stock. "By moving to a store closing sale and further discounting the stock, we are maximising the sales potential that this period offers." Deloitte has already cut 450 jobs at Woolies' head office and support operations in London and Castleton, Rochdale. If stores close before the end of December, the administrator said it would consult employees to discuss the support available in the event of redundancies. Deloitte has held talks with the likes of former Woolies chief executive Sir Geoff Mulcahy and Dragon's Den star Theo Paphitis but no deals have been struck. Last Updated: Wednesday, 10 December 2008, 18:00 GMTPost: del.icio.us Digg Netscape Newsvine Now Public Q&A WILL I HAVE A JOB MONDAY!! I JUST GOT MY XMAS HOURS,WFT |
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jus to add wot iv heard..as far as i no so far iceland are goin to buy a lot of ther buildings an turn them into iceland..dont no how true this is..but we have had a few stores round this way doin the half price sale.. an my local store staff did get paid last month but are unsure if they will get paid again..which is awful.. my sympathy goes out to all workers at woolworths..
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yer
and also its been in the paper that they may keep exsisting woolworths staff on but its up to the company and it aint definate either just something in the pipeline i think ![]() I was disappointed in the so called sale on in woolworths its all the crap that have the huge discounts on and the good stuff just 10 percent off so i dont think i will even bother ![]() feel sorry for all the people that work in woolworths and that may no longer have a job at such a bad time of yr too hope they do decide to keep people on whoever buys THE ONLY WAY IS UP FOR U BETTY SO KEEP UR CHIN UP BABES ![]()
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