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Collapse of High Street legend


WOOLWORTHS, for long a staple of the British high street, has gone into administration putting tens of thousands of jobs at risk.

The news was announced at 6pm yesterday and stores affected will include around 12 in the district, and almost 200 staff across Poole, Bournemouth, Christchurch, East and North Dorset and the New Forest.

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Deloitte has been appointed administrator to the store and its distribution business, Entertainment UK, which supplies DVDs.

However, the holding company and a publishing joint venture with BBC Worldwide, called 2 Entertain, will not be placed in administration, as they are self-funding.

Shares had fallen 90 per cent in value over the past year and share trading in the company was suspended earlier yesterday while talks continued in a bid to bail out the troubled business.


WOOLWORTHS’ future may be uncertain, but most people have fond memories of its heyday. Leave your Woolworths memories below. Or e-mail your thoughts to newsdesk@bournemouthecho.co.uk


As the board battled to try and save the firm, it seemed everyone had memories of their local Woolies store.

Poole resident Paul Lory, 63, has a longer association with the store than most, remembering being left in a Woolies branch by his mum when he was a baby.

He thinks the chain has lost the “convenience store” appeal it once had. “It used to be more of a general store but I think they concentrate too much on children’s stuff now,” he said, holding two bags of chocolates from the Poole branch.

“It’s not somewhere I’d go to look around now. They try to be too trendy.”

His wife Mary, 69, agreed but said it would be a loss to the British high street. She said: “It would be sad to see them go but I wouldn’t miss it as much.”

Maureen Scoble, 66, and her daughter Gina, 42, summed up the memories of so many generations.

Gina recalled filling up her bag with pick ’n’ mix as a young girl and said the shop represented the “British way of life”.

Maureen said she had just picked up copies of Mamma Mia on DVD and bought Lego for her grandson’s Christmas present.

“When the children were little we would buy all their toys there,” she said. “The staff are always really helpful and it is a big part of the community.”


Comments(10)

amused says...
7:20am Thu 27 Nov 08

Thats so sad I visit Woolies frequently for all sorts of things and they have had lots of bargains of late. Its a shame some one cannot buy them out but keep the name, yet another nail in the coffin that is the lower high street, all we have now is sandwich shops and Recruitment agencies.

In Absentia says...
8:53am Thu 27 Nov 08

I agree that this will do tremendous damage to the lower Poole High street. You have to wonder whether Lloyds & Barclays will now look to move nearer the Dolphin Centre.

Laurie Marsh says...
11:06am Thu 27 Nov 08

I bought my first Christmas present at Woolworths in Winton.
I was six years old.
It was a light bulb for my mum, it cost me two weeks pocket money and I broke it carrying it home.
A sad day (then and now)!

signup says...
11:40am Thu 27 Nov 08

amused wrote:
Thats so sad I visit Woolies frequently for all sorts of things and they have had lots of bargains of late. Its a shame some one cannot buy them out but keep the name, yet another nail in the coffin that is the lower high street, all we have now is sandwich shops and Recruitment agencies.
It's just a brand name going to the wall. It's an opportunity for someone else to fill their shops with something worth buying. One day we'll be sayng the same about Tescos and Sainsburys. All companies die eventually. It's the nature of commercial evolution.

MoordownMarc says...
11:42am Thu 27 Nov 08

This is so sad, not least for the human tragedy with the loss of tens of thousands of jobs now a probability. We must also not forget the ripple effect as countless suppliers and their staff will also face job losses. It won't be just Woolworth staff facing a very grim future.
Perhaps the store should have built upon it's novel heritage - those busy £1.00 shops were how Woolworth began as a 3d and 6d store - instead of becoming just another faceless shop.....bit late now I guess.

jon the observer says...
4:11pm Thu 27 Nov 08

Serves Woolworths right!!

They took our Amity Cinema away which was on the site and built Woolworths - so what goes round comes round.
Sorry for all the employees though, its the working class who always get hit!!

DailyView says...
5:08pm Thu 27 Nov 08

Joh the Observer & Signup. We get them everytime. An Icon of a business that has been on every high street for longer than most people read this forum or paper. It is the like of supermarkets which I am afraid we all use, that causes such places to close when they can out sell items sold by Woolies. To say Tescos and Sainsburys will go the same way is just laughable, its a commodity we all need.

I have fond memories of working at Woolworths in 1967. My mother met me at school and walked me to Winton to sign up and be interviewed for a job as Store Boy. I left school at 4.15 and was employed by 5pm, not bad. However, I did not tell them I was set to join the Navy in the June, as I wanted to save some money, but a girl who knew me, Maureen, let it out the bag that I was joining, the boss found out, and I was ask to leave. I then took up work at Kingswood Portable Builings.

I can remember the Woolies in Winton being of a wooden floor which was polished every night. All the counters were of dark wood with glass tops and draw fronts, looked abit like the store in our you being served but in aisles. A huge store upstairs, thankfully with a lift to bring down these huge baskets to top up the shelves and counters. It had its own canteen. Mostly girls obviously, in fact the only lads was myself, the Storeroom Manager, the Store Manager, he knew every one, and peered over a glass partition in the right corner at the back of the shop which was the office but open to the store.

5 weeks of a good job, and a laugh.


john_the_idiot says...
6:15pm Thu 27 Nov 08

Consumers demand a lower price or they buy elsewhere.

Woolworths lowered prices but did not have good enough senior management or the infrastuture to cut costs to balance the books. To raise prices would have resulted in you and me going elsewhere.

A company that has 980million in sales but lost 100 million over that year has a serious issue. Must have been very hard to lose 1 billion pounds.

Likewise Dixons group also said they lost 30million pounds in the last 24 weeks, no doubt as they tried to lower prices to get us lot spending with them, look at how they stated they had the lowest priced televisions in the high street, but at what cost??

If woolies sell all the stock down before closing it will result in prices falling even further and more retailers haveing a negative peak.

More of this type of closure to come me thinks


Mullerman says...
6:45pm Thu 27 Nov 08

Chinese tat is still available from Tesco along with the rest of your weeks food shop.

paul.p says...
2:21am Sun 30 Nov 08

Mullerman wrote:
Chinese tat is still available from Tesco along with the rest of your weeks food shop.
So so true...they should change the name to 'Chinesco'


FAMILIAR FIXTURE: Woolworths in Poole High Street FAMILIAR FIXTURE: Woolworths in Poole High Street

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