Woolworths store closure dates - News in brief - Evening Standard
       

Woolworths store closure dates

Woolworths' final two weeks on Britain's high streets have been mapped out as administrators released a schedule of closures for the failed retailer.

Monday January 5 will mark the last time that the Woolworths brand will trade from its more than 800 stores under the wind-up being led by administrators Deloitte.

Woolworths, which launched in the UK almost a century ago, will begin shutting its doors on December 27, with about 200 due for closure at sites including Blackpool, Canterbury, Doncaster, Nottingham and Sheffield.

About a further 37 will close on December 29 and 164 on December 30, followed by 200 on January 2 and 200 on January 5.

Among the last stores to be left open on January 5 are those based in Weymouth, Devizes, Great Yarmouth and Peterborough.

Administrators confirmed last week that all Woolworths stores would close, at the likely cost of 27,000 jobs, after failing to secure a buyer for the business as a going concern.

There are also reports of further troubles for Woolworths as it negotiates with BBC Worldwide over the sale of the chain's stake in their joint venture 2 Entertain.

It is reported that BBC Worldwide - the commercial arm of the BBC - has slashed the amount of money it is prepared to pay for 2 Entertain, which publishes DVDs and CDs.

Woolworths said that terms had yet to be agreed, but assured that talks were ongoing.

Speculation is mounting over the sale of the stricken chain's 40% holding in the business, which was not placed into administration when Woolworths collapsed.

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