On the last day of trading, surrounded by empty shelves and shop fittings, sheets of closing down posters are seen lying on the shop floor in the Camberwell branch of Woolworths department store in London. In its 100th year, the iconic high street chain of affordable goods has welcomed generations of shoppers since its first outlet opened in 1909. In a period of financial turmoil when recession followed the credit crunch, Woolworths went into administration in November 2008 with debts of £385m Pounds. Its 815 nationwide outlets were forced to close and its 27,000 workers laid off.
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