I think the loss of Woolworths has been felt in smaller towns where the choice of shops and stores isn't as big as in major towns and cities.
Woolworths was generally in the high street of these places so easier to access, particularly for the elderly and those without their own transport who might not find it particularly easy to get to a large supermarker or out-of-town shopping centre.
In big towns and cities people generally have a larger variety of shops within more reachable distances so the loss of Woollies doesn't rate so highly.
A lot of Woollies problems were their own doing - the stores weren't well kept, they had issues with having enough stock on the shelves and they didn't move with the times. They really didn't have a unique selling point - everything you could get at Woollies could be purchased at any decent sized supermarket cheaper.
What i don't understand is that a big chain like woolies who have loads of shops and a shop i always saw with loads of people in went into admin?? Compared with some of the little tiny shops i see that have been there for years and i hardly ever see anyone in them, i mean they have to cover rent, bills wages etc just to break even??
No, I don't miss it at all. I don't like big, untidy shops that sell random selections of tat. It was always impossible to find what you wanted, and the checkout queues were always disproportionately long for the number of customers actually in there.
I do, however, feel bad for people who lost their jobs.
What i don't understand is that a big chain like woolies who have loads of shops and a shop i always saw with loads of people in went into admin?? Compared with some of the little tiny shops i see that have been there for years and i hardly ever see anyone in them, i mean they have to cover rent, bills wages etc just to break even??
I think their CD and DVD supplier when bust which took them over the edge. They lost out heavilly to internet sales and were a downmarket store compared to the 70's and 80's
The only thing I used to buy in Woolworth was the lottery. Now I use WH Smiths and the queue is bloody huge - so yes I do miss Woolies. But I'll eventually get over it.
I think their CD and DVD supplier when bust which took them over the edge. They lost out heavilly to internet sales and were a downmarket store compared to the 70's and 80's
They owned their own CD/DVD supplier EUK was the largest Entertainment wholesaler in Europe and was very profitable, Woolworths group went bust because they used a business restructuring loan to prop up the cash flow of the failing stores rather than restructure the business, when the consortium of banks that under wrote the loan got wind of this they called in the loan and the whole Woolworths group of companies went under. The Demise of EUK led to the collapse of Zavi and a lot of small independant entertainment retailers, Because Woolworths administrators wanted payed imediatley plus payment for undelivered stock.
They owned their own CD/DVD supplier EUK was the largest Entertainment wholesaler in Europe, Woolworths group went bust because they used a business restructuring loan to prop up the cash flow of the failing stores rather than restructure the business, when the consortium of banks that under wrote the loan got wind of this they called in the loan and the whole Woolworths group of companies went under. The Demise of EUK led to the collapse of Zavi and a lot of small independant entertainment retailers, Woolworths administraters wanted payment for undeliverd stock.
I miss woolies and not because my wife worked there for years. Their problem was too many stores, some were quite profitable but were pulled down for the ones that weren't. They were also doing up some of the shops and changing the product range but it was to late. The music distrubution part of the company were owed millions by the likes of Tesco and Virgin.
I miss woolies and not because my wife worked there for years. Their problem was too many stores, some were quite profitable but where pulled down for the ones that weren't. They were also doing up some the shops and changing the product range but it was to late. The music distrubution part of the company were owed millions by the likes of Tesco and Virgin.
I worked in the industry at the time of the EUK collapse. It wasn't that they were owed, it was that they managed their finances incorrectly and allowed their cashflow to get into a mess. Then they tried to misuse a restructuring loan, as mentioned above.
I find the whole "crying" over the loss of Woolworths a bit irritating. Surely if it was that well loved and that well used then they wouldn't have gone into administration?
Seeing as though it did means we didn't all really use it that much.
In the last couple of years of Woolworths stores being in existence I could count on one hand the amount of times I went in there and came out with something I wanted..
Nearly every week I want to buy something and I think,...'I can get one of those from Woolies' ...and then the penny drops.
I never thought I'd miss a store like I do Woolies.
Woolworths are still going, but only online Mrs Jack ordered two games for Grandaughter buy one get one free and only 1.50 delivery not bad stocking fillers for under 5.00 that included the delivery.
"Woolworths.co.uk" is just a brand that Shop Direct Group trade as (along with many other names), they bought the brand from the administrators of Woolworths Group and the website has no other connection to Woolworths Group.
What i don't understand is how could the Administraters sell the woolworth name, Surely it is still owned by Foot Locker/ F W Woolworths Inc. And Woolworths UK simply used the name under license.
I do miss how it used to be but as it got closer to its demise i think it started selling lots of rubbish which was priced highly.
I'm exactly the same. I used to love Woolies when I was a kid, but within the last few years, I never was in there, as it was mainly rubbish. Same time, it was sad to see a store that I had so memories of to disappear, and yes sometimes, I do miss it.
Feel sad that generations that are growing up now will never understand the magic of what woolies was - if that makes sense
I've slowly become more used to what's replaced the Woolworth's from my childhood (Iceland, H&M and Peacocks, respectively) but for the first year or so when they were just empty buildings with the logo on top was certainly depressing!
I miss the days when they sold pretty much everything from stuffed toys (I bought a 'Little Monsters' toy one New Year's Day) to shoes. I used to buy sandwiches from there every day after school, and there used to be a nice cafe in the bigger store we had. It was replaced by the DVD/CD section. VHS's were really popular there in their day too.
I still remember my last ever purchase from Woolworths - a DVD of the 2008 Gladiators series.
What i don't understand is how could the Administraters sell the woolworth name, Surely it is still owned by Foot Locker/ F W Woolworths Inc. And Woolworths UK simply used the name under license.
It is possible to own a name/trademark in one country but not in another.
FW Woolworth must have sold the rights to the name in the UK when they de-merged the UK business, hence why it was IP of Woolworths Group.
Comments
Woolworths was generally in the high street of these places so easier to access, particularly for the elderly and those without their own transport who might not find it particularly easy to get to a large supermarker or out-of-town shopping centre.
In big towns and cities people generally have a larger variety of shops within more reachable distances so the loss of Woollies doesn't rate so highly.
A lot of Woollies problems were their own doing - the stores weren't well kept, they had issues with having enough stock on the shelves and they didn't move with the times. They really didn't have a unique selling point - everything you could get at Woollies could be purchased at any decent sized supermarket cheaper.
Before Supermarkets, it was the essential store in every high street.
I don't miss it but I do find it's demise a bit sad.
I do, however, feel bad for people who lost their jobs.
I think their CD and DVD supplier when bust which took them over the edge. They lost out heavilly to internet sales and were a downmarket store compared to the 70's and 80's
They owned their own CD/DVD supplier EUK was the largest Entertainment wholesaler in Europe and was very profitable, Woolworths group went bust because they used a business restructuring loan to prop up the cash flow of the failing stores rather than restructure the business, when the consortium of banks that under wrote the loan got wind of this they called in the loan and the whole Woolworths group of companies went under. The Demise of EUK led to the collapse of Zavi and a lot of small independant entertainment retailers, Because Woolworths administrators wanted payed imediatley plus payment for undelivered stock.
I knew it was summat like that!
I worked in the industry at the time of the EUK collapse. It wasn't that they were owed, it was that they managed their finances incorrectly and allowed their cashflow to get into a mess. Then they tried to misuse a restructuring loan, as mentioned above.
Woolworths had had its day years ago.
Seeing as though it did means we didn't all really use it that much.
In the last couple of years of Woolworths stores being in existence I could count on one hand the amount of times I went in there and came out with something I wanted..
I never thought I'd miss a store like I do Woolies.
I'm exactly the same. I used to love Woolies when I was a kid, but within the last few years, I never was in there, as it was mainly rubbish. Same time, it was sad to see a store that I had so memories of to disappear, and yes sometimes, I do miss it.
Feel sad that generations that are growing up now will never understand the magic of what woolies was - if that makes sense
http://www.youtube.com/watch?v=8m9OCkoCV3I
http://www.youtube.com/watch?v=2R7VVTkRo1w&feature=related
I miss the days when they sold pretty much everything from stuffed toys (I bought a 'Little Monsters' toy one New Year's Day) to shoes. I used to buy sandwiches from there every day after school, and there used to be a nice cafe in the bigger store we had. It was replaced by the DVD/CD section. VHS's were really popular there in their day too.
I still remember my last ever purchase from Woolworths - a DVD of the 2008 Gladiators series.
FW Woolworth must have sold the rights to the name in the UK when they de-merged the UK business, hence why it was IP of Woolworths Group.