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 Is 1 year of severance pay good?
My co. wants me to sign an employment contract with a 1 year severance if they ever let me go, and that's with full benefits. It's really more like 15 months cause they have to give me 3 ...


 Is Walmart any help to workers?
I wonder if Walmart is really good for America?...


 Interview etiquette?
i had an interview with a company a week ago, during which they told me they would email me a writing test and let me know by friday. even after sending a thank you letter and a question inquiring ...


 Is having a ninja in your workgroup a positive?
or a negative?...


 Are japanese imports ruining american industry of vehicles?

Additional Details
why american people let that happen?...


 Well, so Tesco isnt the supermarket we all loved?
C4 documentary highlights the underhand way Tesco is changing Britain, just like Walmart has to the US. Off shore accounts, land banks and a very dodgy computer for schools scheme (parents need to ...


 What would you do in my position?
Ok, I've got a bit of a dilemma on!

I was recently dismissed from my job. I woul obviously claim that it was bloody unfair. Two sides to every story though...

Anyway, ...


 Whos gas is better? Shell or Chevron?
...


 What is pilferage?
Materials ...


 Should whistle-blowers be fired from their jobs?
...


 Why is Wal-Mart closing its Sewing Department?
I have just learned that Wal-mart intends to close its sewing department. April 2007 the sewing area within the Knoxville, TN Wal-marts will be closed. While the supply of fabric and notions in ...


 This Is My Chance,But I Don't Know How To Go About Making Things Happen,PLEASE HELP ME !!!!!!!?
I have a great idea for a invention,or to improve a invention . I need help on how to get the plan in motion before someone eles comes up with it. I'm tried of working three jobs just to get by. ...


 List of sainsbury stores?
...


 Does Megavideo limit the amount of time you can watch a video?
We've been using Megavideo for weeks but today when watching films, we got this message:

"You have watched 121 minutes of video today. Please wait 119 minutes or click here to ...


 I flew from dc to mia on 8/7, the airlines has lost my bags. Should I or can I sue?
I filed a claim with American Airlines 3 weeks ago, they reps or rude and uninformative. They tell me one thing is policy, but when I check the web site I see that I have been misinformed. When I ...


 Are the banks, post office, and stock market closed on good friday?
...


 Phony company. (I think.) Please HELP *URGENT*?
I have a job interview tomorrow and I cannot find any information or OFFICE phone number for this company. I sent a resume thru their website, which does not work as of today. The contact number that ...


 Did you know that the IRS made a 2 cent tax raise on the manufacturing or arrow shafts.?
the increase will of course benefit the manufacturer..is this social or ...


 What is it called when a group of people in a company (usally a marketin firm) get toghther to brainstorm...?
creative ideas, Like when trying to come up with a new creative marketing campaign? the word or phrase im looking for is something like a focus group but thats not it....


 Is Walmart open on New Year's Day (Today?)?
Sorry, but I dont want to call the store. I have no phone!

THANK YOU AND HAPPY NEW YEAR!!!...



Jay M
Why is Woolworths up for sale for £1?
Reports in the media have suggested the retailers are up for sale for a quid. Why is this? What's the catch?
                     
 




ady
£1 is the nominal price to pay to acquire the company, but along with the assets like property and stock, the buyer also becomes liable for the huge debt. That's why nobody is prepared to buy it. You can read more about it on my blog.


davetumalty
Rating
There will be a covenant in the sale contract that the new owner assumes responsibility for the companies debt. which is currently £350 million pound so the actual price will be £350,000,001.00 plus legal fees and costs


ghosthuntergirl
it comes with a £350 million pound debt maybe thats the catch


ANDY
Rating
You have got there debt as well! lol


GeeCee
Rating
You will have to buy the company debt as part of the deal.


NaughtyPuppy
Woolies is the original £1 shop...


XxJuStsUm1xX
Rating
woolworths shuttin down coz itz loosin money


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