Woolworths - Woolworths, 333-337 Mare Street
Date
1921
Notes
Woolworths Group PLC was a listed British company that owned the high-street retail chain, Woolworths, as well as other companies such as the entertainment distributor Entertainment UK and book and resource distributor Bertram Books. The Woolworths store chain, which had more than 800 stores immediately prior to closure, was the main enterprise of the group, selling many goods and having its own LadyBird children's clothing ranges, Chad Valley toys and the WorthIt! value ranges. The chain was the UK's largest supplier of Candyking "pic 'n' mix" sweets. It was also sometimes referred to as "Woolies" by the UK media, the general public, and occasionally in its own television commercials.[2][3]
On 26 November 2008, the trading of shares in Woolworths Group PLC was suspended and the Woolworths and Entertainment UK subsidiaries entered administration.[4] Woolworths Group PLC also entered administration on 27 January 2009.[5] The administrators Deloitte closed all 807 Woolworths stores between 27 December 2008 and 6 January 2009 resulting in 27,000 job losses.[6]
On 2 February 2009 it was announced that the Shop Direct Group had purchased the Woolworths and Ladybird names and these would survive as a brand within the internet based shopping company.
(http://en.wikipedia.org/wiki/Woolworths_Group)
On 26 November 2008, the trading of shares in Woolworths Group PLC was suspended and the Woolworths and Entertainment UK subsidiaries entered administration.[4] Woolworths Group PLC also entered administration on 27 January 2009.[5] The administrators Deloitte closed all 807 Woolworths stores between 27 December 2008 and 6 January 2009 resulting in 27,000 job losses.[6]
On 2 February 2009 it was announced that the Shop Direct Group had purchased the Woolworths and Ladybird names and these would survive as a brand within the internet based shopping company.
(http://en.wikipedia.org/wiki/Woolworths_Group)
History
Woolworths was founded in Liverpool in 1909 as the UK offshoot of an American parent company. A victim of the 2008 economic crash, Woolworths along with the Northern Rock bank, became emblematic of the financial crisis. 'Woolies' was regarded affectionately by the public and many mourned its passing. Today many high street Woolworth shops remain unsold and disused.
