News and Politics | February 02, 2009 | 6 comments

Woolworths to be re-born online

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DonkeyPong
The Woolworths brand is to be re-launched as an online retailer after being bought by Daily Telegraph owners, Sir David and Sir Frederick Barclay.

The much-loved High Street chain went into administration in November and its more than 800 stores closed a month ago after struggling with debts of £385m.

It is thought only a fraction of the former total of almost 30,000 staff will get their jobs back.

Woolworths' children's clothing label Ladybird is also to be re-born online.

A sign of the times.
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