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The Woolworths store chain was originally a division of the American F. W. Woolworth Company until its sale in the early 1980s, [2] [3] it had more than 800 stores in the UK prior to closure. Woolworths sold many goods and had its own Ladybird children's clothing range, [4] WorthIt! value range and Chad Valley toys. [5]
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The company was founded in 1982 as Paternoster Stores Ltd, to conduct a buyout of the British Woolworths chain. In March 1983, Paternoster changed its name to Woolworth Holdings plc. [9] Woolworths already owned B&Q, and the company expanded through subsequent acquisitions of companies such as Superdrug and Comet. [9]
Eagle-eyed shoppers have seen the brand's name on a sign at the entrance to a retail park.
In 2000, Woolworths moved to the former Safeway unit on the western side of the centre (near to W H Smith), where they would remain until the UK Woolworths chain collapsed in 2008: this move saw the vacated smaller Woolworths divided again; this allowed Superdrug and Argos to extend to their current sizes, and also allowed the development of ...
Off-price, fast casual, and the used car market may be the biggest consumer wins in 2025. Consumer stocks 2025: Watch out for discount retailers and fast casual chains, tariffs remain a wild card ...
Divisions and namesakes of the American F. W. Woolworth Company, and divisions of Woolworths Group (Australia).. Similar namesake companies in South Africa and Australia were legally named after the Woolworth company as permitted by the trademark laws of the period, but never had any financial connection to the original F. W. Woolworth Company.
In 2015, the Woolworths.co.uk brand was closed, and in July 2021, the Woolworths UK brand was sold to Woolworth Deutschland. [ 21 ] At the start of 2009, Shop Direct predicted growth in online sales, with a spokesperson saying: "We anticipate that 70 per cent of our sales will be online by 2010/11 and, therefore, the future of our business is ...