Thursday, 11 December 2008

Woolworths - stripping flesh from the bone

I popped into Woolworths earlier to see what all the fuss was about and it was a sad sight to witness the end of a high-street institution.

All items had a discount from 10 to 50 percent but many of the shelves were empty and were not being restocked.

The depressing sight looked like a hoard of scavengers pulling the last remaining flesh off the Woolworths bone - while it was still half alive.

With no credible buyer in sight it looks increasingly clear that it won't be long now until Woolworths is no more - and with it the loss of 25,000 jobs.

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