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Woolworths closing down sale reported in Times.
Comments
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Max_Headroom wrote: »But only because much of the British public are not too bright and equate a closing down sale with bargains like vultures round a carcass. But without pausing to consider whether what they're buying is actually a bargain.
However the same thing applies, a closing down sale doesn't really work well as a long term strategy...
The Pine Shop in West End Lane had a closing down sale running for around 20 years, then one day without any further warning it really did close down. I suppose that you could say that they gave 20 years warning. Anyway, as a long term strategy, a closing down sale seemed to work pretty well for them.
I agree though that the Woolies closing down sale is not going to last that long.No reliance should be placed on the above! Absolutely none, do you hear?0 -
I think they wanted to be EVERYTHING to everyone (a Boots/Mothercare/Tesco rolled into one) rather than finding their own niche and sticking too it which they originally did
I entirely agree. The real problem was that they didn't have enough depth in all the areas they covered, so you could never be sure of finding what you needed.No reliance should be placed on the above! Absolutely none, do you hear?0
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