WORLD> Europe
Doors close at about 200 Woolworths in Britain
(Agencies)
Updated: 2008-12-28 16:12
 
The shutters are down after the last day of opening of a Woolworths store in Streatham in south London December 27, 2008. Administrators began closing the stores of Woolworths, one of Britain's best known retailers, on Saturday. The household name, which sold everything from chocolate bars to toasters and televisions, is the highest profile retail casualty of the global financial crisis and Britain's economic downturn. Woolworths collapsed into administration in November and its administrators said earlier this month all its stores would close by Jan. 5, with the loss of 27,000 jobs, unless a last-minute buyer could be found. [Agencies]