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Well, its all over  bar the sale of the stores for dear old woolies.

A huge percentage of the population will be misty eyed at the  demise of Woolworths. Once the only source  of anything decent  in a  the small town high street. The creation or ever larger supermarkets and specialist stores eroded  Woolies  market offering down to  a very large pick and mix selection.

My biggest irritation is that of the Media drive to point out business failure  as   sign of an ever increasing  mammoth depression. If one were to believe the media,it would  appear that there could well be no retailers left on the high street by next month.

The failures of  Zavvi, Woolworths, MFI & Whittards all  appearing to be  signals of impending doom, and the need for the public to start digging allotments  as soon possible.

But lets just take a little pause here.  Were these good retailers? in good markets? selling products and creating propositions that consumers actually wanted?

You don’t need to be a retail analyst to  figure out that selling CDs on the high street  is not exactly a growing market these days.

But our dear media friends don’t make stories about how well some online business are growing, and  growing very well.

Take ASOS.com for example:

Asos scope broadens as sales double

Now, I have no doubt there is a nasty full on recession on the way, but people still consume ( even if less). The right propositions to the right market still work.