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Home: Non Football Related: General Chat:
Who will be the next high street chain to bite the bullet?

 

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noprogs
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Nov 18, 2016, 2:26 PM

Posts: 1515
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Post #101 of 244 (11222 views)
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Re: [acmold] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Clas Ohlson.
They annouced in April that 7 of 13 UK stores were closing; that list didn't include Leeds which occupied quite a prime site ( old Lewis's building) but which has also closed within the last month.
Always found it a bit of a strange store, never quite sure what it's market was.


robert1988
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Nov 19, 2016, 12:16 PM

Posts: 319
Location: Grantham
Team(s): Grantham Town, Manchester City, Rangers, The New Saints, Knighton Town.

Post #102 of 244 (11091 views)
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Re: [noprogs] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or

Every town I visit, has a B and M, Pound land, Home Bargains, Pound World. ALDI and LIDL are everywhere now. soon every shop would just be these. We should only panic once these shops go out of business.


oxpete
Chelsea Transfer Target


Apr 11, 2017, 1:08 PM

Posts: 4544
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Post #103 of 244 (10442 views)
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Re: [robert1988] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

The high street clothing chain Jaeger has gone into administration, putting 680 jobs at risk.

http://www.theguardian.com/...-into-administration

Knowing the dress-sense of most hoppers, I doubt that this is a retail chain that is on the radar of many on this forum. More seriously, it looks to be another example of poor leadership from the top.

For me, the most amazing line in this rather predictable news article is the one that goes...

"Last week Better Capital sold Jaeger's debt to a company understood to be controlled by the retail billionaire Philip Day, who heads Edinburgh Woollen Mill." !!!

I worked in retail for twenty years, and still cannot get my head around how Edinburgh Woollen Mill makes the profits it does, takes over rivals in the way it does, and maintains the High Street presence it does. 10,000 employees and a pre-tax profit of over 91million in the year to 2015 is quite amazing for a shop that (from my experience) sells little more than tatty tartan car-blankets, short-sell-by fudge and seems totally unable to wash its shop windows.


Rob North
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Apr 11, 2017, 1:38 PM

Posts: 1685
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Post #104 of 244 (10424 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To

I worked in retail for twenty years, and still cannot get my head around how Edinburgh Woollen Mill makes the profits it does, takes over rivals in the way it does, and maintains the High Street presence it does. 10,000 employees and a pre-tax profit of over 91million in the year to 2015 is quite amazing for a shop that (from my experience) sells little more than tatty tartan car-blankets, short-sell-by fudge and seems totally unable to wash its shop windows.


Principally because mugs like my wife will cheerfully go in and buy their cardigans and said 'tatty tartan car-blankets'! There was a Woollen Mill shop between the Melrose Sevens car park and the rugby ground on Saturday, and I just knew she couldn't walk past!


Part-Timer
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Apr 11, 2017, 2:22 PM

Posts: 4585
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Post #105 of 244 (10402 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
I worked in retail for twenty years, and still cannot get my head around how Edinburgh Woollen Mill makes the profits it does, takes over rivals in the way it does, and maintains the High Street presence it does. 10,000 employees and a pre-tax profit of over 91million in the year to 2015 is quite amazing for a shop that (from my experience) sells little more than tatty tartan car-blankets, short-sell-by fudge and seems totally unable to wash its shop windows.

Given the amount that my window cleaner charges me I think you may have unveiled the secret to Edinburgh Woollen Mill's profit making in your final line. Smile


acmold
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Apr 11, 2017, 3:16 PM

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Post #106 of 244 (10382 views)
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Re: [Part-Timer] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or

Edinburgh Woolen Mill seem to have outlets in most garden centres. So people can buy overpriced Tartan blankets after they have purchased overpriced garden furniture and had an overpriced tea and cake. Go to Wilko and B&M's instead, they sell the same crap but at a much lower price.

Don't EWM own Peacocks cheap and almost cheerful. The problem is it's snobbery why would anyone in their right mind buy anything from Bicester Shopping Village, yet there are miles and miles of tailbacks to get into the place. Someone said a Polo shirt from Bicester last 2 or 3 times as long as one from Primark, hope it does it's ten times the price for the label.


oxpete
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Apr 22, 2017, 3:09 PM

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Post #107 of 244 (10139 views)
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Re: [acmold] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Marks & Spencer are to close six stores: two of their smaller Simply Food outlets (one near York, and one in Worksop), and more worryingly four larger shops in Portsmouth, Slough, Warrington and Wokingham. Apparently they're looking to open another 36 shops, but I'd bet most (if not all) of these will be the smaller Simply Food shops that have been pretty successful for them.

http://www.bbc.co.uk/news/business-39651093

The one due to close in Portsmouth is in the city centre's main Commercial Road shopping precinct. Since the Gunwharf shopping development opened in 2001 on the site of the old HMS Vernon navy base, Commercial Road has suffered greatly from shop closures, while what is left there is increasingly of the 1-shop of mobiles-unlocked variety. When M&S leaves the street, it really will be the death-knell for the place as a shopping destination, with only Debenhams left (another chain looking to close shops around the country soon).

On the radio shortly after this news broke, I heard a councilor from Warrington being interviewed. He expressed sadness that M&S were leaving his town centre, but was unable to give a proper answer when the reporter pointed out that if his local council hadn't built so many out-of-town shopping parks on the edge of Warrington, maybe the town centre would be in the predicament it is now. Warrington has a stubbornly high rate of vacant shops in its town centre, despite being a relatively wealthy town for its region.


TempWorksCo
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Apr 22, 2017, 4:17 PM

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Post #108 of 244 (10128 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Debenhams have closed a few warehouses,,,,shops next?



Grounds visited - A few
Wetherspoons visited - Not many
Ales tasted - Loads


oxpete
Chelsea Transfer Target


May 28, 2017, 10:18 AM

Posts: 4544
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Post #109 of 244 (9296 views)
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Re: [TempWorksCo] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

A recent survey by WHICH? of 100 national high street chains...

http://www.which.co.uk/...h-street-shops-2017/

...names their best and worst shops for 2017. The results aren't actually that much of a surprise.

Top five chains:

Richer Sounds
Toolstation
Harvey Nichols
John Lewis
Waterstones

and the bottom five:

Vodafone
Poundland
Poundstretcher
WHSmith
Morrisons


I'm so glad to see Richer Sounds at the top of that list - I bought myself a new stereo there two year ago, and the service was very good indeed, as was the price. The staff knew what they were talking about, but at no point were they pushy towards any high-commission brands (if they have them). A far cry from the sort of service you'll get at Dixons or Currys.

At the bottom end... as mentioned on earlier posts on this thread, in the space of a dozen years Morrisons have gone from being a well-run family-owned regional supermarket into an absolute basketcase. Despite this, I still bet the twats at the top pay themselves vastly more than the management at Richer Sounds.


oxpete
Chelsea Transfer Target


Sep 22, 2017, 5:12 AM

Posts: 4544
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Post #110 of 244 (8481 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Those wearers of green luminous bibs and ignorers of red traffic lights, the delivery company Deliveroo has just announced worldwide losses of 129million for 2016...

http://www.bbc.co.uk/news/business-41347817

A whole planet of people too lazy to walk to the shops and too ignorant to learn to cook properly, and they STILL can't make a profit...


oxpete
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Oct 23, 2017, 7:58 PM

Posts: 4544
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Post #111 of 244 (7857 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

The comedy-club chain Jongleurs has gone into administration...

http://www.dailyecho.co.uk/...into_administration/

Have to admit I've only gone to a Jongleurs once: on that evening, the comedians were okay but the audience seemed to be predominantly stag parties using Groupon vouchers. It had too much of the Christmas-works-night-out about it to make me want to go back.


DonQuixote
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Dec 2, 2017, 2:18 AM

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Post #112 of 244 (7170 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Not to the wall per se but definitely needing to check the footings is
Toys R Us...another company that has got lost in the ideal of 'stack
'em high and pretend to sell them cheap' ethos.

And of course a generation of punters have wised up to the fact that
punching a few buttons on a keyboard is far preferable to visiting a
soulless out of town Dutch barn.




FA Vase semi programme wanted: 2001 Taunton v Clitheroe.



PaulC
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Dec 2, 2017, 9:05 AM

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Post #113 of 244 (7112 views)
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Re: [DonQuixote] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
Not to the wall per se but definitely needing to check the footings is
Toys R Us...another company that has got lost in the ideal of 'stack
'em high and pretend to sell them cheap' ethos.
.


I could have sworn that said "Torys r us".


oxpete
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Jan 19, 2018, 5:27 AM

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Post #114 of 244 (6290 views)
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Re: [PaulC] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Looks like fewer of those there young people want to "get a coffee" these days...

http://www.bbc.co.uk/news/business-42729092

...Costa Coffee sales are down -0.1% over three months to November 2017. Not a huge drop, but it's a start.

Think I'll celebrate with a cup of tea!


Isaac
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Feb 2, 2018, 12:55 PM

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Post #115 of 244 (5836 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

M&S have announced more store closures https://uk.yahoo.com/...-plan-095446996.html


London Harrier
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Feb 28, 2018, 10:54 AM

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Post #116 of 244 (5290 views)
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Re: [Isaac] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Maplins and Toys R Us have gone into administration.

http://www.bbc.co.uk/news/business-43225248


Isaac
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Mar 1, 2018, 7:55 AM

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Post #117 of 244 (5107 views)
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In Reply To
Maplins and Toys R Us have gone into administration.

http://www.bbc.co.uk/news/business-43225248


Soon to be 'toys were us'? I won't miss them, found their security arrangements ridiculously over the top with everyone being seen as a potential shoplifter.

As for Maplins, just way to expensive. Much of what they do can be purchased far cheaper online including delivery and they're the only company I know of who charge for their catalogue.

I feel for the staff involved but not either company.


007Dale
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Mar 1, 2018, 8:43 AM

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Post #118 of 244 (5090 views)
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Re: [Isaac] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Prezzo closing 100 stores.
House of Fraser asking landlords for rent reductions


Whiskey Coates
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Mar 2, 2018, 7:49 PM

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Post #119 of 244 (4954 views)
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Re: [Isaac] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
M&S have announced more store closures https://uk.yahoo.com/...-plan-095446996.html


My local store being one of them. Not somewhere I really shop, only get dragged through by the wife. Occasionally bought their '2 Dine for 10' meal and wine offer, which can be good value. I do feel for some of the staff. I worked there in the mid 1990s and some of the people I worked with then are still there now. Apparently they were only told of the impending closure the day it was announced on the news.


oxpete
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Apr 12, 2018, 5:44 AM

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Post #120 of 244 (4408 views)
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Re: [Whiskey Coates] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

It's been a long time coming, but fears are mounting for 'Mothercare'...

http://www.drapersonline.com/...care/7029868.article

Mothercare employs over 5000 people in the UK.


Isaac
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Apr 12, 2018, 7:50 AM

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Post #121 of 244 (4384 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Carpetright have announced the closure of 92 shops.


oxpete
Chelsea Transfer Target


May 25, 2018, 8:18 PM

Posts: 4544
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Post #122 of 244 (3743 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
Marks & Spencer are to close six stores: two of their smaller Simply Food outlets (one near York, and one in Worksop), and more worryingly four larger shops in Portsmouth, Slough, Warrington and Wokingham. Apparently they're looking to open another 36 shops, but I'd bet most (if not all) of these will be the smaller Simply Food shops that have been pretty successful for them.

http://www.bbc.co.uk/news/business-39651093

The one due to close in Portsmouth is in the city centre's main Commercial Road shopping precinct. Since the Gunwharf shopping development opened in 2001 on the site of the old HMS Vernon navy base, Commercial Road has suffered greatly from shop closures, while what is left there is increasingly of the 1-shop or mobiles-unlocked variety. When M&S leaves the street, it really will be the death-knell for the place as a shopping destination, with only Debenhams left (another chain looking to close shops around the country soon).

On the radio shortly after this news broke, I heard a councilor from Warrington being interviewed. He expressed sadness that M&S were leaving his town centre, but was unable to give a proper answer when the reporter pointed out that if his local council hadn't built so many out-of-town shopping parks on the edge of Warrington, maybe the town centre would be in the predicament it is now. Warrington has a stubbornly high rate of vacant shops in its town centre, despite being a relatively wealthy town for its region.


Worse than anyone at first thought at Marks & Spencer...

http://www.theguardian.com/...s-list-marks-spencer

...with at least 100 store closures planned for over the next four years.


oxpete
Chelsea Transfer Target


May 25, 2018, 8:24 PM

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Post #123 of 244 (3741 views)
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Re: [Isaac] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

And it's not looking good for Homebase...

http://www.bbc.co.uk/news/business-44248409

...whose Australian owner, Wesfarmers, has sold the chain for just one pound, just two years after buying it for 340million. (That has got to hurt! Unsure)

The Homebase chain has now been bought by Hilco, who describe themselves at 'restructuring specialists'.


PaulC
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May 28, 2018, 5:37 PM

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Post #124 of 244 (3617 views)
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Re: [Isaac] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

W H Smith voted worst shop on the UK high street.

https://www.theguardian.com/...hop-by-which-readers

"What a surprise!" said no-one, ever.


oxpete
Chelsea Transfer Target


May 28, 2018, 9:15 PM

Posts: 4544
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Post #125 of 244 (3568 views)
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Re: [PaulC] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

The full list of 100 retailers is in this article...

http://www.inews.co.uk/...l-list-of-100-shops/

I actually sympathise with WH Smith a little with this survey - one article I've read says that the main complaints people had tended to be about crowded shops and other people getting in their way (a couple of points that WH Smith can only do a certain amount about - many of their shops are in busy locations, and if someone decides to buy their copy of NLP at Waterloo station at 6pm just before their train departs, they really shouldn't be that surprised if things take longer than they want... though then being offered a giant bar of chocolate that they don't want ain't going to improve their mood either, I suppose). There is certainly plenty they could do to improve matters, but WH Smith is always going to be an easy target for people contributing to a survey like this, just the same as a shop like LUSH is always going to do really well,. However, I can tell you now which of those two retailers I find infinitely the more useful.

I'm surprised that the likes of Tesco and Sainsbury's haven't come out of this with a bit more of a kicking - I find their Metro and Local shops a woeful experience. And don't get me started on mobile phone shops.

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