Woolies to launch closing-down sale

HIGH-STREET stalwart Woolworths will launch a closing-down sale tomorrow, it was revealed tonight.Some 25,000 jobs at the firm's 813-strong retail chain are under threat.

HIGH-STREET stalwart Woolworths will launch a closing-down sale tomorrow, it was revealed tonight.

Some 25,000 jobs at the firm's 813-strong retail chain are under threat.

Administrators said they had so far failed to find a buyer for the ailing retailer.

Deloitte warned that some stores could close before the end of December if no offers for the business emerged.

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