Even if you’ve been trying to ignore the bleak economic news of recent months, instead choosing to count the £10.54 worth of pennies you have hidden in a large jar under your bed, you’ll likely be aware that retail institution Woolworths is about to die.
To go out with a bang, the administrator has announced that Woolworths will begin an up-to-50% sale this weekend in all its UK stores.
The biggest discounts will be on toys and greetings cards, but apparently entertainment goods will also be discounted, so perhaps Woolies is the place to go if you’ve got any cash and want to buy a cheaper telly or games console.
There’s still hope that someone with cash and entrepreneurial spirit will buy the core business, but until then the sales will continue – that is, if any stock will be left come Sunday.
Woolworths’ trouble is also affecting other retailers, including Zavvi, WH Smith and Asda, who rely on its distribution business to supply CDs.
If you’re at a loose end this afternoon or tomorrow and fancy an impromptu rugby scrum, head down to your local Woolies and see what you can pick up. You’ll still get a free bar of Galaxy with it, no doubt.
(Via BBC News)