Woolworths announces sale - Licensing.biz

Woolworths announces sale

Deloitte has issued details of a fire sale at Woolworth to start today.
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It is hoped that the promotion will increase customers into the troubled retailer’s stores and boost turnover.

Neville Kahn, joint administrator and reorganisation services partner at Deloitte, announced yesterday: "We will launch Woolworths' Biggest Ever Sale tomorrow with discounts of up to 50 per cent on all goods (except concessions).

“We anticipate increased footfall in the stores and have hired additional staff to cope with increased demand. Additional goods have been moved to all stores and further stock will be added in the coming days.

"There is continuing interest in the core Woolworths business and the sale will continue whilst potential buyers finalise their plans for the purchase of the business."

Highlights will include up to 50 per cent off Toys, 30 per cent off Christmas trees and decorations, 50 per cent off all greeting cards, 20 per cent off personal gifts and reductions on all entertainment products.

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