Summary
Branches of high street chain Woolworths in South Devon are trading as normal while administrators put together a rescue package to save the 99-year-old company.
Yesterday, staff at branches in Torquay, Paignton, Teignmouth, Dawlish, Totnes and Dartmouth were told to stay tight-lipped about the demise of the company, which faces a pounds385million debt.See the full content of this document
Extract
Woolies Plight 'Sad Sign of the Times'
Administrators Deloitte have been brought in to rescue the chain and have received interest from buyers for the firm, which said its retail stores could no longe...
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