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Not a good idea, they are too late to the market and unlikely to compete with the many established companies with slick operations in an already crowded sector .
It's called 'throwing good money after bad'.
I would certainly give BHS online a look ,I always used to enjoy browsing the store in the city ,it always had really good clothes and homewares ,really sad that it had to close.
I'd use it too only reason woolies failed IMO is the parking charges, it's cheaper to pay postage and packing from online companies than go into town and park.