What does everyone think to the recent finanical trouble that Woolworths stores are going through in the UK?
If you don't already know they are in big trouble and are pretty much going into Administration, with a recent rescue plan failed and lots of shops sold for very little money. I don't know the whole story on this because I am not a financial expert, but a quick Google should tell you the whole thing.
Anyway, just out interest I was wondering what people thought of the collapse of the franchise. I know I have heard so many different opinions on Woolworths itself from different people, and their own ideas on why it is in such a downfall.
I personally have not liked the stores for a long time now. Our local Woolies is old fashioned and would never be the first choice to buy anything. The staff are out of touch and miserable, and seem to have no knowledge on what they are selling.
Also without doubt my biggest gripe with the store (of which I mean the local Woolies in towns in the West Midlands), is that they never
have anyting in stock when you go in. I can't count the amount of times I have gone into Woolies to buy, for example, a game, and after queing for ages at the counter, the staff take one look at the box and grumble "not in stock". However, I see they still have the boxes displayed on the shelves in full view of everyone! I once even tried to buy a HDTV from them a few years ago, as in the very front of the shop they have stacks of boxes and a massive sales pitch on these TV's. The woman went to the warehouse, came back and once again grumbled almost as if she was pleased that they had no stock of the item.
Now, I occasionally used the Woolies in my local town as it is the closet place I can go to buy things from, without having to drive into a major city. But Recently I have found they are overpriced and understocked on almost everything, so much I have found Morrisons supermarket (also in my local town) to have better selections of things like CD's, Games and DVD's.
So from my expereince with the Woolworth's around here, it is no surprise to me that they are in such trouble. The stores seem dirty and out of touch, and the staff seem to hate you going in to buy things from them.
Now, the reason I made this topic is that some people I have spoken to have found the opposite to my expereinces with their local Woolworths. I have spoken to people who say theirs is one of the best places to buy things from, including games, and that they always have things in stock.
So, anyone here from the UK with experience of Woolworths, it would be interesting to hear your views on the stores, and what people think of the recent downfall of the franchise.