Woolworths is coming back... as an online store

The Woolworths brand is to be relaunched as an online retailer after being bought by Daily Telegraph owners, Sir David and Sir Frederick Barclay.

The much-loved High Street chain went into administration in November and its more than 800 stores closed a month ago after struggling with debts of £385m.

It is thought only a fraction of the former total of almost 30,000 staff will get their jobs back.

Woolworths' children's clothing label Ladybird is also to be re-born online.