In the news a lot lately, the financial credit crisis has affected UK retailer Woolworths forcing massive store closures.
Picture: Woolworths in Hanley, Stoke-on-Trent
A sad state for a company in trading for over 100 years. I hear other Woolworths are doing ok however, but still sad to see. Apparently there's news circulating on BBC and other news outlets that Tesco or some other big company may buy out most of the failing stores.
I would post links but it's not so easy on the iPhone...
This store in particular though might be bought out by Iceland, who would be particularly interested considering the city's redevelopment scheme.
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