Woolworths - Saxperience

mattchewone · 26th November 2008, 23:29

Quote:

Originally Posted by Mr_X

we need to stop spending, so the gov (imo) shouldn't encourage it. woolworths has got shite recently anyway, full of cheap crap. anyhoo theyre in £300+ million in debt.

The last thing i want is tax payers money being used to help save it.

Why?

If they dont get saved and that amount of people get made unemployed its going to cause even more madness for everyone as the government will be paying even more JSA and there will be people loosing there homes etc etc.

Mr_X · 26th November 2008, 23:31

Quote:

Originally Posted by mattchewone

Why?

If they dont get saved and that amount of people get made unemployed its going to cause even more madness for everyone as the government will be paying even more JSA and there will be people loosing there homes etc etc.

theyre uncompetitive and shit. why throw way money, when its inevitable?

why spend tax payers money? the good people of woolies will find another job.

+ we are running a HUGE deficit

jonc · 26th November 2008, 23:32

Quote:

Originally Posted by mattchewone

Why?

If they dont get saved and that amount of people get made unemployed its going to cause even more madness for everyone as the government will be paying even more JSA and there will be people loosing there homes etc etc.

Lol i'd rather the gov kept the 300mill or whatever the amount is. since this is only the beginning of the recession wait in 2years time when maybe banks will need that money like Northern Rock did not a stupid shop like Woolworths.

mattchewone · 26th November 2008, 23:37

Quote:

Originally Posted by Mr_X

theyre uncompetitive and shit. why throw way money, when its inevitable?

why spend tax payers money? the good people of woolies will find another job.

30,000 people will find a job just like that. How comes there are plus of 1million unemployed? Companies are not employing people as they are cutting costs.

Quote:

Originally Posted by jonc

Lol i'd rather the gov kept the 300mill or whatever the amount is. since this is only the beginning of the recession wait in 2years time when maybe banks will need that money like Northern Rock did not a stupid shop like Woolworths.

Are you saying you have never shopped in woolworths? Why are people only considering about loosing the shop? Its the poeple working there and the state the economy is in. This is going to make it even worst tbh.

They need to help them out tbh or the economy isnt going to get better, not that saving them will make it instantly better.

Mr_X · 26th November 2008, 23:40

Quote:

Originally Posted by mattchewone

30,000 people will find a job just like that. How comes there are plus of 1million unemployed? Companies are not employing people as they are cutting costs.

Are you saying you have never shopped in woolworths? Why are people only considering about loosing the shop? Its the poeple working there and the state the economy is in. This is going to make it even worst tbh.

They need to help them out tbh or the economy isnt going to get better, not that saving them will make it instantly better.

judging by the state of the economy do you thing there is much money to be given away?

mattchewone · 26th November 2008, 23:42

Quote:

Originally Posted by Mr_X

judging by the state of the economy do you thing there is much money to be given away?

Not really but there will be even less when that more amount of people start claiming JSA. More tax money either way we will be paying for this out of our pockets.

So keeping them although will take a huge amount of money will help in the long run of things considering the amount of people they employ.
As you also have to consider warehouse staff, lorry drivers etc etc.

Mr_X · 26th November 2008, 23:45

Quote:

Originally Posted by mattchewone

Not really but there will be even less when that more amount of people start claiming JSA. More tax money either way we will be paying for this out of our pockets.

So keeping them although will take a huge amount of money will help in the long run of things considering the amount of people they employ.
As you also have to consider warehouse staff, lorry drivers etc etc.

ok, so say they are bailed out (more borrowing) then because they arent competitive in a years time they head for the pan again. so borrow even more? sound familiar?

mattchewone · 27th November 2008, 09:36

Quote:

Originally Posted by Mr_X

ok, so say they are bailed out (more borrowing) then because they arent competitive in a years time they head for the pan again. so borrow even more? sound familiar?

Hey Ho, didnt say 'if' they get bailed out they should run as they are lol. That would be pretty stupid lol.

I think the directors would need to be looked at, on how they are going to turn around the business to be fair. They need to re-think what there key market is and on there products they need to be more competitive on price and value etc.

I think as they have been struggling etc thats why there competitive edge etc has dropped and since they brought in that really shite catalogue idea. Lets fac it they are not argos so why try and act like them, just a waste of time and money.

Dez · 26th November 2008, 23:47

In all fairness Woolworths have been shit for years, since the bigger supermarkets started selling toys, games and cds woolworths knew they were fuck*d.

What gets me is that these fat cats that are paid loads should of realised this earlier, but oh well.