Woolies - closing down sale tomorrow (11/12/08)

poppy10_2

Extra day's trading at Woolworths

Woolworths stores that were expected to close on Friday will remain open for another day of business, administrators Deloitte said.

Two hundred outlets were due to shut on Friday but this has been postponed to Saturday.
The final closure deadline for the retailer has also been delayed by a day, with the remaining 200 stores now set to close on January 6.
A spokesman for Deloitte said: "There are two main reasons for delaying the closures. One, stock levels - there's still some stock remaining. Two, workload - it's a big logistical exercise. The remaining dates were delayed to allow time for the final arrangements to be made."
More than half the UK stores have already shut down.

mikee7

just found via yahoo !
Woolworths stores that were expected to close on Friday will remain open for another day of business, administrators Deloitte said. Skip related content
Related photos / videos


Extra day's trading at Woolworths



Two hundred outlets were due to shut on Friday but this has been postponed to Saturday.
The final closure deadline for the retailer has also been delayed by a day, with the remaining 200 stores now set to close on January 6.
A spokesman for Deloitte said: "There are two main reasons for delaying the closures. One, stock levels - there's still some stock remaining. Two, workload - it's a big logistical exercise. The remaining dates were delayed to allow time for the final arrangements to be made."
More than half the UK stores have already shut down. At least 150 of the retailer's 807 outlets held their last day of trading on December 30, with everything, including the fixtures and fittings, on sale at discount prices.

DJJ_2

JakeJakeJake: Petersfeild was closing on the 5th. Now with this new NEWS, petersfield will be closing on the 6th along with many others. Instead of opening the stores again for 1 extra day, couldnt they just hmm. RE-OPEN for another 10 months and see the 100 Year Mark!! I Wish!

(THANKS MIKE FOR THE INFORMATION!)

pingu

DJJ wrote: »

Instead of opening the stores again for 1 extra day, couldnt they just hmm. RE-OPEN for another 10 months and see the 100 Year Mark!! I Wish!

me too!!!

gemz20

just got some last bargains in my local one it was sad knowing that will be the last time i will be in there
inspector gadget dvd 30p
yu gi oh dvd 50p
Michael Mcintyre live £4
Horrid Henry limited edition box set £4
Mr Bean on DS £4

huw8565

still only 70% off in woolworths caernarfon, north wales and clossing today, does anybody know if items will further be reduced this afternoon

Wings_of_Ambition

huw8565 wrote: »

still only 70% off in woolworths caernarfon, north wales and clossing today, does anybody know if items will further be reduced this afternoon

Most stores seem to drop to 90% on the afternoon of their last day, and then start throwing out scandalous bargains in the last hour or two, just to get rid of stock. Stay until it closes if you can.

Leanne200

I don't know if I can buy another thing from there.... this is disgusting...

http://news.bbc.co.uk/1/hi/business/7809195.stm

poppy10_2

Leanne200 wrote: »

I don't know if I can buy another thing from there.... this is disgusting...

http://news.bbc.co.uk/1/hi/business/7809195.stm

Yeah, it's sad for the Jersey staff who aren't getting a redundancy package from the administrators, but to be fair, they hardly pay any tax, so they can't expect the same generosity from the welfare state of the mainland.

Debt_Free_Chick

Whilst I don't disagree with the sentiment, we need to be clear about the role of the Administrator. The Administrator is not a "manager" but someone whose job is to extract as much money from the business as possible. And that money goes to paying off the creditors - creditors whose business might also be threatened, as Woolies have not paid their debts e.g. to their suppliers.

Jobs might also be at risk at Woolies' suppliers, so every £1 that the Administrator can secure might actually save another job, elsewhere