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Government to help Woolworths stay open

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    Government to help Woolworths stay open

    Wot, like they did with Rover?

    http://news.bbc.co.uk/1/hi/business/7751714.stm
    "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


    Thomas Jefferson

    #2
    Mandy on the tills and Prescott doing security?
    The Mods stole my post count!

    Comment


      #3
      Originally posted by Pickle2 View Post
      Mandy on the tills and Prescott doing security?
      At least they will be keeping him away from the pick and mix!
      Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.

      I preferred version 1!

      Comment


        #4
        Originally posted by Ruprect View Post
        its to make up for not acting sooner on the Farepak crisis
        Coffee's for closers

        Comment


          #5
          Furniture chain MFI has also gone into administration. It blamed falling demand for big ticket items, cash-flow problems and the withdrawal of credit

          The owner of Currys and PC World, DSG International, has reported a half-year loss of £29.8m, blaming a "tough and volatile" trading environment

          Retail group Kingfisher said sales at its B&Q home improvement chain were down nearly 9% amid the slump in consumer spending and the housing market


          And so it goes on......
          First Law of Contracting: Only the strong survive

          Comment


            #6
            Originally posted by _V_ View Post
            And so it goes on......
            But they will all be hiring new IT staff come February!!!
            The Mods stole my post count!

            Comment


              #7
              Originally posted by _V_ View Post
              Furniture chain MFI has also gone into administration. It blamed falling demand for big ticket items, cash-flow problems and the withdrawal of credit
              Wasn't their business model was buy now and pay nothing until N+2 years or something? They must have used sasguru to do risk analysis for their company.

              Comment


                #8
                Originally posted by AtW View Post
                Wasn't their business model was buy now and pay nothing until N+2 years or something? They must have used sasguru to do risk analysis for their company.
                Please furnish us with your pearls of economic wisdom. Please.
                "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


                Thomas Jefferson

                Comment


                  #9
                  With sales of 3bn I fail to see how Woolies can go under. Oh wait a minute? Did they just remain with the same tulipe year in year out and not change with the times? MAYBE!

                  It will be snapped up without a doubt as even with a debt of 350mill it can be turned into a good business.

                  Although this time next Year M&S will be in Green's or the Saudis hands...

                  Comment


                    #10
                    Originally posted by Liability View Post
                    With sales of 3bn I fail to see how Woolies can go under.
                    Sales != Profit
                    Coffee's for closers

                    Comment

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