Community | January 09, 2009 | 0 comments

Iceland buys 51 Woolworths stores

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Frozen food retailer Iceland has bought 51 former Woolworths stores, and said it plans to create 2,500 new jobs.

The announcement comes just three days after the final 200 Woolworths stores closed their doors for the last time.

"We are confident we can help to support the local community in these towns who have lost a major High Street retailer in Woolworths," said Iceland.

Woolworths went into administration in November, but was unable to find a buyer to take on the company.
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