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Old 12th Dec 2008, 13:43   #1
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Woolworths closure to cost Ubisoft £1.3m

http://www.bit-tech.net/news/2008/12...ubisoft-1-5m/1

The closure of Woolworths in the UK is set to cost Ubisoft more than £1.3 million apparently.

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Old 12th Dec 2008, 14:03   #2
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That's a bit of a bugger, that.
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Old 12th Dec 2008, 14:26   #3
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Headline made me laugh, especially since the French originally thought they were above all this financial stuff to begin with because they don't 'irresponsibly' lend mortgages etc
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Old 12th Dec 2008, 14:42   #4
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I cant help giggling because of 'It's not funny'

Sorry
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Old 12th Dec 2008, 14:46   #5
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oh, boo hoo.
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Old 12th Dec 2008, 15:09   #6
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Heh, I say bring the "credit crunch" on. I'm on a fixed income with no debt, it's great for me right now.
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Old 12th Dec 2008, 15:16   #7
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maybe the shock will jump start them into properly integrating widescreen into their games

then again probably not
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Old 12th Dec 2008, 15:41   #8
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This will mean companies (Ubisoft included) will start turning the screws on other retail establishments that currently 'owe' money for products they have received.. so no more 60+ days to settle your accounts.. suppliers are going to be wanting the cash very quickly after the order, if not before to limit their risks of defaulting on payment.

I take it the supplier of all the pick n mix sweets has gone bust overnight then if woolies are not paying money owed to people !
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Old 12th Dec 2008, 19:32   #9
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Nintendo could afford to buy Woolworths and turn the shops into Nintendo Shops, selling everything at RRP like they really want.
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