- Top Tags
- Biz (2959)
- Woolworths (52)
- Deloitte (3)
Woolworths failing to find a buyer
Christmas sale could turn into closing down sale
10 December 2008 17:30 GMT / By Amy-Mae Elliott
It seems Woolworths' recent sale might be extended from and up to 50% pre-Christmas promotion to a closing down sale.
The BBC reports that the retailer's administrator Deloitte has failed to find a buyer for the firm and suggests "fears are growing" for the company's 30,000 staff across 815 stores.
Woolworths went into administration on 26 November after revealing that it was £385 million in debt.
At the time the company first went into administration, Deloitte was quoted as stating that there had been "substantial interest" in the firm.
HARDWARE
iTablet launches from UK company Like the iPad but with USB ports, Flash, multi-tasking, choice of OS, HDMI...
CAMERAS
New Canon camera to be launched on 8 February? New models inbound?
HARDWARE
15 easy tips to make Windows boot up faster How to start up in a hurry without spending too much cash
Comments