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On 26 November 2008, trading of shares in Woolworths Group was suspended, and its Woolworths and Entertainment UK subsidiaries entered administration. [9] Deloitte closed all 807 Woolworths stores between 27 December 2008 and 6 January 2009, resulting in 27,000 job losses. [10]
This is a list of UK businesses entering administration during the 2008–2009 ... Deloitte [1] BBC News [2 ... Woolworths: 26/11/2008 Deloitte: 815 30,000 circa ...
Entertainment UK Limited (EUK) was a retail supply and distribution company and a wholly owned subsidiary of Woolworths Group. The company, and Woolworths plc, entered administration with Deloitte on 26 November 2008. [5] EUK claimed to have had a turnover in excess of £1.4 billion per annum, and over 160,000 lines of products. [6]
This list ranks the largest retail companies, according to the British international consulting firm Deloitte. By revenue ... Woolworths Group: Supermarket
Deloitte UK has had a year of reorganization and cost-cutting amid a consulting slowdown. A report said it planned to cut staff travel and expenses by more than 50% through May. In an email cited ...
On 2 February 2009, it was announced that the brothers' Shop Direct Group had purchased the brand names of Woolworths and Ladybird children's clothing for an undisclosed amount, from Deloitte, the administrators of the failed Woolworths Group. [26]
An internal message to staff seen by Business Insider said the cuts will impact less than 1% of Deloitte's 27,000-strong UK workforce and will affect staff from the strategy, risk and transactions ...
Woolworths (United Kingdom) originally was the British unit of F.W. Woolworth, but operated independently as a separate company from 1982, running stores in the UK, Isle of Man, Jersey and Guernsey. It also had interests in other UK retailers, such as B&Q, Comet, Superdrug and Screwfix as part of the Kingfisher group. On November 26, 2008 ...