Thursday, 27 November 2008

Woolworths...

Further to my blog on 19th September, in which I was lamenting the loss of the Woolworths store in Southampton city centre, it was announced today that the company has gone into administration with debts reported by the BBC to be over £285 million.  With businesses falling at a rate of knots as the credit crunch becomes ever darker, it remains to be seen if the jobs of over 30,000 Woolworths' staff will be saved.  

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