UK retailers MFI and Woolworths collapse
Friday, November 28, 2008
Two major retail chains in the United Kingdom — general retailer Woolworths Group and furniture vendor MFI Group — have entered administration. Entertainment UK — which distributes videos and DVDs to retailers and are owned by Woolworths — have also entered administration.
"The boards of Woolworths PLC and Entertainment UK Ltd have concluded that there is no...