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  1. #1
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    Default Woolworths ... Gone?

    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?
    Last edited by Lycan; 26-11-2008 at 05:35 PM.

  2. #2
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    Jun 2006
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    it was still open at half 4 when i went past it at Doncaster.

  3. #3
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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.
    .

  4. #4
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    It was meant to be sold for £1 lol.

    Its in 385m debt so

    MFI also set to go into administration

  5. #5
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    Nov 2008
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    Quote Originally Posted by EverSteve View Post
    it was still open at half 4 when i went past it at Doncaster.
    :rolleyes:

  6. #6
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    Apr 2008
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    My friend was telling me today her friends lost his job because of it.
    Need new sig.

  7. #7
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    Aug 2007
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    Birmingham
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    Quote Originally Posted by Sc0tteh View Post
    It was meant to be sold for £1 lol.

    Its in 385m debt so

    MFI also set to go into administration
    its only worth 50-80 mill too. If only i had 80 Million....

  8. #8
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    Jul 2006
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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?

  9. #9
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    Quote Originally Posted by Cwmbran View Post
    £1 you say.

    Hmm, if I was to buy this would the debt be attached to the shop or the previous owner?

    Attached to you, which is why no one would buy them

  10. #10
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    Woolworths shares are currently worth 1.22p lol. they get about 2.74bil revenue (from 06) a year.

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