Welcome to Trading Compnany's Guide
Trading Company Videos
Woolworths history and the end of an era.How did it all end for Woolworths in the UK?
From September 2008 the world entered into a severe financial crisis with decreasing availability of credit and reduced consumer spending. This was the start of the end of Woolworths in the UK. On November 26, 2008 Woolworths Group plc announced that they were in too much debt to maintain their outgoing payments. On Wednesday, December 17, 2008, it was announced the remaining British Woolworths stores will be closed by January 6, 2009 unless a last minute buyer can be found. This will mean the loss of almost 28,000 jobs. On 26 November 2008, the trading of shares in Woolworths Group plc was suspended and the Woolworths and Entertainment UK subsidiaries entered administration. On 5 December Woolworths both recorded their greatest single day takings of £27 million, and axed 450 head office and support staff jobs! A closing-down sale started on 11 December. The administrators Deloitte & Touche closed all 807 Woolworths stores between 27 December and 6 January 2009 resulting in 27,000+ job losses In the last few days of trading discounts of up to 90% were offered and a number of stores sold all of their stock, many selling all of their fixtures and fittings too. The stores were closed in phases, and the final two closing days were moved 1 day forward to try to sell more of the remaining stock and to ease logistics of closing. * 207 stores closed on 27 December 2008 * 37 closed on 29 December * 164 closed on 30 December * 200 closed on 3 January 2009 (Originally 2 January 2009) * remaining stores (approximately 200) closed on 6 January (Originally 5 January 2009) The F. W. Woolworth Company (often referred to as Woolworth's) was a retail company that was one of the original American five-and-dime stores. The first Woolworth's store was founded with a loan of $300 in 1878 by Frank Winfield Woolworth. Retail chains using the Woolworth name survive in Germany, Austria Mexico, and South Africa and until the end of 2008 in the United Kingdom. A very sad end to an old friend Woolworths.
Author: dazaro3
Keywords: Woolworth Woolies administrators "Deloitte & Touche" "financial crisis" "closed down" Birmingham "Frank Woolworth" 1909 confectionery "retail business" "Woolworths Group" "GMAC and Burdale" "Entertainment UK" WorthIt
Added: January 8, 2009
December 30, 2008 Mid-Day Stock Indexes Review
Commodities, Ira Epstein and Company Futures Trading, Online Trading, Technical Analysis, Stock Indexes Review, Sales: 800-284-3010
Author: IraEpsteinFutures
Keywords: commodities Ira Epstein Futures Gold Silver Copper dow jones crude oil investment money options trading trade broker stock index finance bollinger band stochastics swinglines moving average bonds charting software banks the fed profit dollar euro yen british pound aussie corn opec funds interest rates tbills iraepsteinfutures
Added: December 30, 2008
My JD Posters!
Got these for christmas from movie trading company!
Author: DeppaliciousHaley
Keywords: johnny depp blow fear and loathing charlie chocolate factory posters dead man
Added: December 29, 2008
Tauras Products
Tauras Designers footwear is a trading company specialized in high quality shoes. We are situated in Gulbarga, Karnataka, India since 2006. We have built up plenteous experience and created stable and faithful business relationships with customers around the globe.
Author: dineshdks1986
Keywords: shoe sandle footwear sports
Added: December 28, 2008
PanioloTradingCo.
Visit Paniolo Trading Co. at Ala Moana Center.
Author: PricklyPearCountry
Keywords: The place to get your western wear in Honolulu.
Added: December 28, 2008