However, it is expected some stores in prime High Street locations will be reopened by other retailers who have expressed an interest in buying their leases, which could offerjobopportunities to redundant Woolworths staff.
She said Invest NI had been in competition with 20 other countries for the project which she said would offerjobopportunities to people living in Northern Ireland and those who wanted to "come home" after leaving "in the 1980s and 1990s".
For the most part, this means areas that offer the best mix of jobopportunities, reasonable housing costs and, for the most part, lower density living.