Last night we received news that Woolworths was being put into administration, broken by the burden of excessive debt.
I felt very sorry about that, not least because up to 30,000 jobs could be lost, but also because I regularly buy things there and always have. Last night I was fitting an external draught excluder in the dark. I used a battery powered rechargeable fluorescent lamp bought from Woolworths several years ago. Still works fine!
The good news is that Woolworths might well be rescued! Good.
The administrator will keep Woolworths open until after Christmas, but with a bit of luck it will be rescued by then.
The BBC has this.
Thursday, November 27, 2008
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