It was sad news today to hear that in the UK, Woolworth's will likely close, with a loss of 30,000 ordinary jobs
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| Woolworths Last Day |
.... it may not be a surprise, as they have struggled with mounting debts (and to find a 'High Street' role) for some months, but nonetheless a sad day.
Like many people, I grew up with 'Woolies' ... buying Airfix models, various school objects, and later on cheap kitchen appliances. In fact I also bought a 'toy car' to help fill a "Shoebox for Xmas" appeal, which I had signed up for (Boys aged 10 - 14 get few presents in orphanages etc!), last Saturday.
But I guess this sort of "Pick-N-Mix" shopping wasn't enough, and competitors in every field such as the supermarket giants, and similar stores such as 'Wilkinsons' just were too much for Woolworths to compete with.
The fact that a so called 'socialist' Labour Government will move heaven and earth to save Investment Bankers, but will not save 30,000 working class jobs, says a lot about how this government really views the working class, and will do anything to stay in power, including letting this many ordinary jobs go to the wall.
Still, its demise will leave a gaping hole on the UK High Streets across the land .... depressingly its likely to be filled by yet more charity shops ... as if we don't have enough of these! Sadly, it may not be the last of these kind of 'names' failing, and in fact MFI are said to be going to administrators today as well ... its expected to cease trading unless rescued quickly.
I went into Wollies the other day to buy a Curly Wurly, I came out with 800 stores and £300 Million debt in change!
ReplyDeleteA gentleman called Babar had posted a reply from another blog debate (at Pakistaniat) - I have no problem about debating with him, but unfortunately he has not got a blog, and the comment was inappropriate for this particular topic i.e. Woolies
ReplyDeleteI have therefore removed it, but if Babar wants to email me, I will reply. Or if he reposts it on a more appropriate thread I will also reply.