Woolies bosses eye comeback

According to a report in The Sun, three former Woolies execs are looking to relaunch on the High Street under a new name.
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The story says they plan to open 50 shops based on the old Woolies format, selling a wide range of goods. 

Former commercial director Tony Page along with Andy Latham and toy chief Steve Jebson are looking for a name as close as possible to the original.

The first store opens in May and is likely to be in Camden, North London, or Notting Hill.

Page has secured £10million of funding for the move. 

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