Friday, 5 December 2008

It’s beginning to look like Christmas!

It’s beginning to look like Christmas!

It's beginning to look a lot like Christmas
Everywhere you go
Take a look in the five-and-ten,
Glistening once again
With candy canes and silver lanes aglow.

It's beginning to look a lot like Christmas
Toys in every store
But the prettiest sight to see
Is the holly that will be
On your own front door.

I well remember this awful song that was often preformed by the likes of Johnny Mathis, Perry Como and others, on one of those big spectacular Christmas TV shows that would be offered to the American nation as family entertainment about this time of the year, and of course, as if by magic over on what they call the other side of the pond, we would be enjoying their lyrical tones belting out from thousands of radios in offices, factories, cars and at home. Their are many such seasonal classics that come to mind, but this one got somehow stuck in my head this morning whilst considering and studying the latest reports regarding troubled Woolworths.

The administrators of Woolworths have cut 450 jobs in support operations at Marylebone Road in London and Castleton in Rochdale. And to top that off on Thursday, Dragons' Den entrepreneur Theo Paphitis pulled out of the race to buy parts of Woolworths. Woolworths, witch employs more than 25,000 people launched what administrators called its "biggest ever sale". Discounts of up to 50% have been offered on toys and greeting cards, with prices for entertainment goods also being reduced across all ranges.

I think it would be fair to presume that for thousands, not just those employed by Woolies, but in all manor of employment. The last thing on their minds will have been Christmas.

I wager!

Who wouldn’t feel a bit of depression setting in? If you read what an analyst with stockbrokers Pali International said about what the company Woolworths was "trying to get rid of unsold stock and to empty shops. It looks like a closing down sale."

If you read that you wouldn’t say? It’s beginning to look like Christmas, would you?

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