http://news.bbc.co.uk/1/hi/business/7751064.stm
Into Administration.. well i guess at this stages its 'Unoffical' administration but as it says i'm sure they'll be an offical annoucement about it from the parent company later tonight
Although Now its 'Offical' according to BBC news "End of Woolworths as we know it" "Only a few hundred stores to emerge from this" "tens of thousands thousands of Job Losses"
MFI have gone into administration
http://news.bbc.co.uk/1/hi/business/7750250.stm
Anyone work there?
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Thread: Woolworths ... Gone?
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Woolworths ... Gone?
Last edited by Lycan; 26-11-2008 at 05:35 PM.
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it was still open at half 4 when i went past it at Doncaster.
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it's been in the **** for ages. they've been looking for a buyer for ages. they were even selling it at £1 but no buyers would risk it.
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26-11-2008, 05:37 PM #4
It was meant to be sold for £1 lol.
Its in 385m debt so
MFI also set to go into administration
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:rolleyes:
Originally Posted by EverSteve
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My friend was telling me today her friends lost his job because of it.
Need new sig.
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its only worth 50-80 mill too. If only i had 80 Million.... Originally Posted by Sc0tteh
It was meant to be sold for £1 lol.
Its in 385m debt so
MFI also set to go into administration
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£1 you say.
Hmm, if I was to buy this would the debt be attached to the shop or the previous owner?
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Originally Posted by Cwmbran
Attached to you, which is why no one would buy them
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26-11-2008, 05:52 PM #10
Woolworths shares are currently worth 1.22p lol. they get about 2.74bil revenue (from 06) a year.
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