Phones4U in administration
Discussion
With all the networks having their own shops in pretty much every city and town centre this isn't really a surprise. And the number of new customers must be on the decrease too with many folks simply upgrading through their current supplier.
Could carphonewarehouse be next or are they too big to fail?
Could carphonewarehouse be next or are they too big to fail?
Wonder how that affects branches of PS World that have the 4U section in them
To be blunt I never rated the 4U shops and their selling style. Don't really rate CPW either.
It will just be Network owned shops and small independents soon. A lot of Network shops will close as well as they look at the economies of having multiple shops in one town. An example of that is EE with some towns having an EE shop and an Orange shop too.
Unless I am wrong and EE and Orange are totally independent of each other
To be blunt I never rated the 4U shops and their selling style. Don't really rate CPW either.
It will just be Network owned shops and small independents soon. A lot of Network shops will close as well as they look at the economies of having multiple shops in one town. An example of that is EE with some towns having an EE shop and an Orange shop too.
Unless I am wrong and EE and Orange are totally independent of each other
I avoided them like the plague, there was just something about them that screamed old school and can't be trusted, I think it was the sales guys that would stand outside in their crappy, ill fitting suits and spiked up hair, trying to grab anyone that wandered by to shout at them about their latest "great deal" it was all a bit amateurish and dodgy salesman and very unprofessional.
Justin Cyder said:
Vodafone pulled the plug, £70m revenue gone, goodnight & god bless. Lesson there on the 80/20 rule, applies if you're small, medium or massive.
They seem to be blaming EE (or least that was the straw etc...)Hard to avoid the 80/20 split if you have a massive customer. And on the supplier side, it's not like they could diversify there.
They did always feel dodgy though.
HTP99 said:
I avoided them like the plague, there was just something about them that screamed old school and can't be trusted, I think it was the sales guys that would stand outside in their crappy, ill fitting suits and spiked up hair, trying to grab anyone that wandered by to shout at them about their latest "great deal" it was all a bit amateurish and dodgy salesman and very unprofessional.
They had the very aggressive style and it was very in your face. I seem to remember that one of their directors went to CPW and they started to adopt a similar style (this was several years ago)They were a trade supplier to O2, Voda & EE. O2 bailed in January, Voda last week & EE were the last contract remaining. It therefore sent them into last ditch crisis talks with EE, which I imagine will be revealed to have broken down over a takeover bid.
This is in no way any kind of in the know schtick, just me following the story in the papers over the past few weeks.
This is in no way any kind of in the know schtick, just me following the story in the papers over the past few weeks.
PorkInsider said:
Cauldwell is having a good moan about voda pulling out.
To be quite honest, what sort of business was it if it was so reliant upon what was effectively a competitor, at least in terms if high street sales outlets?
They're always going to be reliant on some competitors, but it seems a bit crazy to be that undiversified. I'm amazed they didn't set themselves up as an MVNO so they could have something of a unique offering.To be quite honest, what sort of business was it if it was so reliant upon what was effectively a competitor, at least in terms if high street sales outlets?
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