Customers line up during the last sale of Woolworths (Woolies) UK. Everything must go before Christmas–that is the aim, for this is the store’s closing out sale. It was said that the sales generated from selling all their stuff will go to the payment of the company’s loans.
What I feel bad for will be the displacement of more than 30,000 workers. Woolworth has been in the retail business for 99 years and sometimes I wonder, for stores this big, what could possibly bring them down?
I just hope that the displaced employees will be able to find other companies that will absorb them. But the older group will have to have an early retirement and be forced to find desperation measures. Although they may probably have separation pay, this won’t last long as cost of living in UK is also very high.
I guess there is happy and a sad side to Christmas. This is one sad side to it.