Reply to: So RIP then Woolies & MFI

[gingerjedi]

http://news.bbc.co.uk/1/hi/business/7751714.stm

Don't worry... our saviour is at it again, it’s in the nations interest to preserve pick 'n' mix for all.

[BoredBloke]

Don't try to deny that Rochdale's tragic. Nice countryside around there though.

The bit i live in is ok - but there are large chunks which are horrible.

[Board Game Geek]

Dont forget out the RSD and Lurgh !

[Mich the Tester]

Oi!

Don't try to deny that Rochdale's tragic. Nice countryside around there though.

[Bob Dalek]

But all they sold was old tat. A lot of next-to-nothing equals not much.

I am unaware of any business that benefits from widespread theft.

[swamp]

I worked for Woolies' IT dept in tragic Rochdale. Not terribly surprised they have bitten the dust, given that "shrinkage" (i.e. theft) was GIGANTIC across all stores and depots.

But all they sold was old tat. A lot of next-to-nothing equals not much.

[BoredBloke]

I worked for Woolies' IT dept in tragic Rochdale. Not terribly surprised they have bitten the dust, given that "shrinkage" (i.e. theft) was GIGANTIC across all stores and depots.

Oi!

[Bob Dalek]

I worked for Woolies' IT dept in tragic Rochdale. Not terribly surprised they have bitten the dust, given that "shrinkage" (i.e. theft) was GIGANTIC across all stores and depots.

[swamp]

Boots should go next.

Can't really see that happening. Firstly they're still selling things that people want to buy, and secondly they're owned by a multi-billion pound private equity fund that's not going to let its investment collapse without a fight.

Boots is always packed, though they don't sell much you can't buy in a supermarket and a lot of their trade is sandwiches these days. Could also see them doing well when people decide they no longer want to spend £10 on a bar of soap in the 'boutique' cosmetics shop next door.

[ace00]

Can't really see that happening. Firstly they're still selling things that people want to buy, and secondly they're owned by a multi-billion pound private equity fund that's not going to let its investment collapse without a fight.

You should buy their preference shares then, they are paying a massive yield. No jest.

[BrianSnail]

With the progress of travel one can now go up North for a cheap screw

Fnar fnar!

[DodgyAgent]

In the good old days Woolies had lots of open trays where you could buy screws and similar really low cost things individually. It was really exciting in them days. All the joy went out of life once they started packaging things in tens.

With the progress of travel one can now go up North for a cheap screw

[DiscoStu]

Boots should go next.

Can't really see that happening. Firstly they're still selling things that people want to buy, and secondly they're owned by a multi-billion pound private equity fund that's not going to let its investment collapse without a fight.

[ace00]

Boots should go next.

[xoggoth]

In the good old days Woolies had lots of open trays where you could buy screws and similar really low cost things individually. It was really exciting in them days. All the joy went out of life once they started packaging things in tens.