Summary
Woolworths' 813 stores have gone into administration. Owen Amos visits one and says it's not surprising - but does find light among the gloom
AS Woolworths goes bust, city types talk of big borrowing, sliding share prices and anxious administrators.See the full content of this document
Extract
How Woolies Lost Its Wonder
The Northern Echo's investigation team, however, can reveal the real reason Woolies is done for. It's too expensive.
Analysts think, sharpen their pencils, then write of "new shopping patterns", "battered brands" and no "unique selling point". What they fail to mention, t...See the full content of this document
Sponsored links
