Woolworths Group

Woolworths Group

Woolworths Group plc was a listed British company that owned the high-street retail chain, Woolworths, as well as other brands such as the entertainment distributor Entertainment UK and book and resource distributor Bertram Books. The Woolworths store chain, which had more than 800 stores at its peak, 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 leading supplier of Candyking "pick 'n' mix" sweets. It was also sometimes referred to as "Woolies" by the UK media and the general public.

On 26 November 2008, the trading of shares in Woolworths Group plc was suspended and the Woolworths and Entertainment UK subsidiaries entered administration. Woolworths Group plc also entered administration on 27 January 2009. The administrators Deloitte & Touche closed all 807 Woolworths stores between 27 December 2008 and 6 January 2009 resulting in 27,000 job losses.

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.

Read more about Woolworths Group:  Gallery of Defunct Stores, Wooly and Worth, Music, In Popular Culture

Famous quotes containing the word group:

    Belonging to a group can provide the child with a variety of resources that an individual friendship often cannot—a sense of collective participation, experience with organizational roles, and group support in the enterprise of growing up. Groups also pose for the child some of the most acute problems of social life—of inclusion and exclusion, conformity and independence.
    Zick Rubin (20th century)