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Finding Opportunity in Woolworths Demise

Finding Opportunity in Woolworths Demise

When UK based Woolworths, the store that stocked and sold pretty much everything you’d never need, was hit by the recession and closed most people were a little distraught. Although the chain was famous for its variety of sweets and being frequented around holiday time for any and every type of toy, there was not enough business to keep them afloat. From this disaster and disappointment however, has come some good.
First, via the initiative of previous Dorchester branch Woolworths manager, Clare Robertson: after the closure of her branch in late 2008, she decided that something similar had to go in [...]

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Reorder In Retail: Individual Woolworth Stores Reopened As Wellies By Local Management

Reorder In Retail: Individual Woolworth Stores Reopened As Wellies By Local Management

Is this a sign of ‘reorder’ taking affect? At the start of this year, the UK saw the bankruptcy of Woolworth’s and this closed 807 stores across the country. While the retail brand couldn’t apparently compete in this turmoil, several of the individual stores did turn a profit. After the closures, some of the old managers have leased the old properties and reopened the stores as Wellworths – or ‘Wellies’ for short.
The Sun has a report on the re-opening of one store in the county of Dorset:
Enterprising ex-manager Claire Robertson defied the recession to launch a new spin-off and gave [...]

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