Page last updated at 13:38 GMT, Monday, 22 December 2008

Woolworths gives closure details

Woolworths branch
Woolworths went into administration last month

Administrators at Woolworths have given details of the dates when each of its 807 stores will close over the next two weeks.

All stores will be closed by 5 January, but the first 200 shops will shut on 27 December, just after Christmas.

All 27,000 permanent and temporary staff will lose their jobs unless a last-minute buyer can be found.

Some stores will be reopened by other retailers who have expressed an interested in buying their leases.

Shop windows will display a countdown showing how many days are left before the store closes.

WOOLWORTH CLOSURES

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Staff will be entitled to compensation under the statutory redundancy payment scheme and will be retained for a few days following store closures.

The chain was forced to call in administrators amid mounting debts and losses.

Deloitte's Neville Kahn said it was unclear how much of its debt would be paid, but added it was "clear that the creditors and suppliers will not get paid in full".

Earlier in the month, bargain hunters flocked to branches of Woolworths on the first day of its store closure sale at its outlets across the country.

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