High Street Brands Going Bust-Who's Next?
Discussion
LaurasOtherHalf said:
lauda said:
greygoose said:
Bang & Olufsen
Interesting one this. I was only commenting to someone the other day that I'd quite like to work in one of their shops as I don't think I've ever seen a customer in one! I have no idea at all what their financial position is like but the store near me in Southampton can't sell more than a handful of products each week.Perhaps their margins are sufficiently large that this is actually financially viable?
Aren't Argos ditching a lot of their stores in order to focus in internet sales?
Mothercare. It is quite simply the worst retail outlet in every way, over priced, under stocked, limited product range and at the risk of abusing the innocent I find the staff to be unhelpful to say the least.
Superdrug always suprises me aswell, who the feck is shopping there, my missus tells me it's no cheaper than Boots.
Superdrug always suprises me aswell, who the feck is shopping there, my missus tells me it's no cheaper than Boots.
Sargeant Orange said:
BHS - it's either empty with 100 staff or full of old people buying socks for a couple of quid. The interiors are really dated too.
Holland & Barrett - always empty
I don't understand how BHS survives. Maybe it just manages to fill to pensioner niche that M&S have seemed to want to move away from in recent years? Not so sure about H&B, as the Watford store always seems busy, and they've just moved to bigger premises in the main shopping centre, so can't be doing that badly?Holland & Barrett - always empty
Having this discussion with a friend recently, and the opinion is may of our town centres are simply too big now, as they're a physical retail space in an online world. If you can somehow introduce clusters rather than a linear high street, I think there's hope, as each little bit has something to differentiate it. It's an extreme example, but take Brighton. You have you main area with the usual high street suspects, then the Laines with the vegan cafes and lesbian bookshops. They are two very distinct areas pulling in different types of customers. It's the monoculture that's killing things.
mattnunn said:
Mothercare. It is quite simply the worst retail outlet in every way, over priced, under stocked, limited product range and at the risk of abusing the innocent I find the staff to be unhelpful to say the least.
Superdrug always suprises me aswell, who the feck is shopping there, my missus tells me it's no cheaper than Boots.
What is the difference between Boots and Superdrug. If it's no cheaper then people will buy from both. If it was dearer then it would lose market share to BootsSuperdrug always suprises me aswell, who the feck is shopping there, my missus tells me it's no cheaper than Boots.
Wacky Racer said:
Adrian W said:
Thorntons
Mothercare
WH Smith
DSG
Doubt it, with their biggest rival Comet gone......Mothercare
WH Smith
DSG
http://www.bbc.co.uk/news/business-21055640
hornet said:
I don't understand how BHS survives.
It's part of the Arcadia Group run by Phillip Green which includes a lot of other chains.I'm no accountancy expert but I think if you had a lot of seperate businesses some of which made a lot of money you'd want some way of spreading the profits around, i suspect that's what BHS is for.
kiethton said:
Hobbycraft - Who goes in there????
My wife and one of my kids go there quite a lot. Apparently there's really nowhere else now that does a lot of the stuff they sell - shops like the old wool / haberdashery shops that every town had several of have closed. Craft type stuff is hard to buy online as crafters like to see and feel what they're buying.
speedchick said:
kiethton said:
Hobbycraft - Who goes in there????
- hand up*, me if I need wire or certain beads in a hurry and can't wait for a postal delivery, but it is usually only as a last resort
Staples in Burnley is closing (or has closed), we are also losing Rymans, so that leaves the supermarkets, pound shops or WHSmith for pens etc now.
Re Hobbycraft, I would be happier if we had one a little nearer, at the moment the nearest is Preston. But like I say, its a place of last resort or if I really really need something quick.
Re Hobbycraft, I would be happier if we had one a little nearer, at the moment the nearest is Preston. But like I say, its a place of last resort or if I really really need something quick.
Six Fiend said:
speedchick said:
kiethton said:
Hobbycraft - Who goes in there????
- hand up*, me if I need wire or certain beads in a hurry and can't wait for a postal delivery, but it is usually only as a last resort
Deva Link said:
turbobloke said:
Gibson70 said:
The internet isn't at fault... the fault lies with the companies who haven't kept up with the times.
Evolve and adapt or go to the wall.
The marketplace doesn't tolerate obsolete lemons for long.
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