Woolworths, the historic retail chain, may be poised for a revival on British high streets, according to statements from the company's German CEO. The CEO, who successfully relaunched Woolworth Germany after its 2009 insolvency, has expressed that opening new stores in the UK is on his 'bucket list.' The brand, which once collapsed during the financial crisis about 15 years ago, has been hinted to make a return in the 'mid to long-term future.' This comes after the firm's expansion into Austria and Poland, and a decade after its disappearance from the UK, coinciding with Wilko's collapse. The potential comeback, which could include up to 25 new stores, follows customer demands and a sense of nostalgia for the brand, famously known for its pick 'n' mix sweets and bargain prices.
After Wilko's collapse left people nostalgic for Woolworths, the firm feels it would be welcome back in the UK. Read more: https://t.co/DRG7MmAglk https://t.co/fFkbSfy8c4
Woolworths’ boss hints high street chain could return to UK in ‘mid to long-term future’ https://t.co/ZBSjKUU1i4 #Woolworths #shopping
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Woolworths might be making a comeback as the German CEO says new UK stores are on his "bucket list." Woolworth Germany collapsed into insolvency in 2009 but made a comeback, expanding into Austria and Poland. https://t.co/y61qBsJ3ev
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