Keep the aspidistra flying, I say.

/if only....../

look that shop was to old refused to modernise and the book keeping was a joke thats life things change i know change scares the shit out of people in the uk tradition wot wot but its 2008 not 1958 tescos much better and cheaper but every cloud has a silver lining tesco somerfield sainsbury asda lidl will snap up all these prime city centre sites that or new huge beanscene or starbucks YUCK !!!!!

It's staying open for xmas, just been on the news

Would rather buy the same item for cheaper. Their own fault, tbh.

Woolies had been suffering from some time but the final straw probably was that insurers no longer felt able to insure their suppliers against the risk of their not being paid. This meant they had to pay cash for everything, which made things even worse.

Other high street shops are apparently in the same situation too.

Loosing the chain will probably be tough. People will loose jobs and the branches may commence clearance sales, troubling their competitors who otherwise wouldn't feel at all threatened by them.

This is the kind pain we should expect to be suffering at the moment. The money lost through those American sub-prime mortgages has dealt us a dolderous wound that may take some time to heal.

I remember what it was like 15-20 years ago and its for a while now it just hasn't felt the same. The only thing that hasn't changed is the name and that isn't good enough reason to keep going. In London your lucky if you get a smile out of the staff, the floors are always dirty and the shelves are never kept stocked.

With stores like Sainsbury's that sell pretty much every thing these days at competitive prices (for London anyway), that are clean, have friendly staff and are well run, if you don't keep up with the competition then you will fall.

Of course I do feel sorry for the people who will loose their jobs but what can anyone do about it?