Sir Geoff Mulcahy has criticised the way Deloitte has handled Woolworths since the retailer fell into administration at the end of last month.
Mulcahy said Woolworths could have been saved and the “administrative process needs to be looked at” after Deloitte could not find a buyer for the chain of stores.
He commented: “The whole thing is disgraceful – there are a lot of losers in the situation.”
The current chairman of the British Retail Consortium ran Woolworths for two decades after buying it in 1982.
Shopworkers’ union Usdaw also said this week the decision to close all of the retailer’s stores by 5 January is the wrong move, becuase it will lead to tens of thousands of redundancies.
According to the Telegraph, shoppers are now unable to spend Kingfisher Vouchers in Woolworths, which were issued by a Woolworths plc subsidiary, Flogistics.
Sources close to the firm said the company is not accepting the vouchers, because the scheme is operated by a section of the business not in administration.
