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Tag Archives: deloitte

Official: Woolies to close in 19 days

The death knell has rung for Woolworths – with administrators Deloitte confirming that all 807 remaining stores will be closed down by January 5th. The first stores will close on December 27th – and in more sad news for the firm, all 27,000 permanent and temporary staff will lose their …

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EUK: Deloitte to scale down sale efforts

Deloitte, the administrator handling the closure of Woolworths and distribution arm EUK, has confirmed that it is to step down its efforts to try and find a buyer for the distributor. It also confirmed MCV’s earlier report that 700 staff were this morning made redundant, and that a skeleton staff …

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Theo Paphitis pulls out of Woolworths deal

Theo Paphitis has pulled out of the running to buy parts of High Street chain Woolworths, which is on the brink of collapse, reports The Press Association . Phaphitis, who has become famous due to his role on the Dragons’ Den television show, had hoped to retain the Woolworths brand …

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Woolies to slash ALL prices by up to 50% tomorrow

Woolworths administrator Deloitte has told MCV that the retailer will launch its ‘Biggest Ever Sale’ tomorrow – with discounts of up to 50% on all goods. Deloitte said in a statement: ‘We anticipate increased footfall in the stores and have hired additional staff to cope with increased demand. Additional goods …

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