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Woolworths Group plc was a listed British company
that owned the high-street retail chain, Woolworths, as well as other brands
such as the entertainment distributor Entertainment UK and book and resource
distributor Bertram Books. The Woolworths store chain, which had more than 800
stores at its peak, was the main enterprise of the group, selling many goods
and having its own LadyBird children's clothing ranges, Chad Valley toys and
the WorthIt! value ranges. The chain was the UK's leading supplier of Candyking
"pick 'n' mix" sweets. It was also sometimes referred to as
"Woolies" by the UK media and the general public.
On 26 November 2008, the trading of shares in
Woolworths Group plc was suspended and the Woolworths and Entertainment UK
subsidiaries entered administration. Woolworths Group plc also entered
administration on 27 January 2009. The administrators Deloitte & Touche
closed all 807 Woolworths stores between 27 December 2008 and 6 January 2009 resulting
in 27,000 job losses.On 2 February 2009 it was announced that the Shop
Direct Group had purchased the Woolworths and Ladybird names and these would
survive as a brand within the internet based shopping company.his article is about the former British holding
company. For the current British online retailer, see Woolworths.co.uk. For
other retailers of similar name, see Woolworth (disambiguation).
