December 17, 2008

All 807 Woolworths stores to shut by January 5 as 27,000 jobs are axed

According to DailyMail, UK: “All 807 Woolworths stores will have closed down by January 5, the group announced yesterday.

A countdown for the closure of the chain, a fixture on the High Street for 99 years, was triggered last night after no one offered enough cash to buy it as a going concern.

The news means that some 22,000 permanent staff and 5,000 temporary workers will suffer a miserable Christmas and unemployment in the New Year.”

The first 200 stores will close on Saturday, December 27, another 200 go on December 30, a further 200 on January 2 and the remainder on Monday, January 5.

Update (12-17-2008): Woolworths website is currently down

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