How Woolworths Collapsed in 41 Days
For nearly a century, Woolworths was a fixture of the British high street, until 2008 when it collapsed in just 41 days. This video looks at how a retailer that survived wars and recessions was undone by debt, rent structures, shifting retail habits, and the credit crunch, and why the failure was years in the making long before the doors finally closed. 👋Hey, I'm Cam. I've always been interested in retail & how business shapes the world around us, and I decided to start this channel and tell these stories! Hope you all enjoy the videos:) If you want to learn more about myself and the team, check out my website - https://www.frontiermediaco.com Chapters: 0:00 The 99-Year Giant That Fell in 41 Days 0:37 How Woolworths Became Britain’s “Spare Drawer” 3:02 Debt, Rent, and a Broken Business Model 5:38 Credit Insurers, Liquidation, and the End of Woolies
