Blockbuster - Another High St store in administration
Discussion
essayer said:
There is a fat face in the city centre (mailbox)
Then there are ones in Solihull, Leamington Spa and Stratford upon Avon
..which gives a slight clue as to the demographic of your typical Fat Face customer
Not sure what you're saying there. There's one in Basingstoke and I've shopped there. I quite like their stuff. Then there are ones in Solihull, Leamington Spa and Stratford upon Avon
..which gives a slight clue as to the demographic of your typical Fat Face customer
Miguel Alvarez said:
I'm sure some of you guys are just pulling random names out for places you don't personally frequent. Why would Carpet right go under? Its not like you can buy a carpet online is it. Nor are they a frequent purchase type of outlet either.
Did Allied Carpets not just go pop? I know our local one has just become a massive Poundland.Oakey said:
Miguel Alvarez said:
I'm sure some of you guys are just pulling random names out for places you don't personally frequent. Why would Carpet right go under? Its not like you can buy a carpet online is it. Nor are they a frequent purchase type of outlet either.
Did Allied Carpets not just go pop? I know our local one has just become a massive Poundland.ETA
Places like Carpet right seem like the type of business that the future seems to be going towards. A big warehouse where you go view the product then have it delivered. Bar a smallish minority with access to a van who'll be able to walk away there and then with a roll or two.
Edited by Miguel Alvarez on Thursday 17th January 11:26
I'm sure DSG will be not long for this world.
Everything they sell can be found cheaper online; mostly quite a bit cheaper . They have, in the last few years, been aquiring a growing portfolio in Italy, Portugal, Greece, Hungry and numerous other troubled areas. They have vast stores and numerous absolutely f
king useless staff.
In fact Best Buy (if you don't know who they are they were are a massive US rival that had 11 stores in the UK and were set to take over until they went pop in the UK last year; they had 11 huge stores) did DSG a big favour. DSG were ready to shut stores to get ready for the Best Buy takeover, lucky break.
DSG will be gone within 12 months. Maybe not in it's entirity though.
Everything they sell can be found cheaper online; mostly quite a bit cheaper . They have, in the last few years, been aquiring a growing portfolio in Italy, Portugal, Greece, Hungry and numerous other troubled areas. They have vast stores and numerous absolutely f
king useless staff. In fact Best Buy (if you don't know who they are they were are a massive US rival that had 11 stores in the UK and were set to take over until they went pop in the UK last year; they had 11 huge stores) did DSG a big favour. DSG were ready to shut stores to get ready for the Best Buy takeover, lucky break.
DSG will be gone within 12 months. Maybe not in it's entirity though.
mrmr96 said:
I bet the Vinyl and Audio CD guys were saying the same things when .mp3 downloads started killing physical sales. The digital files had poorer quality, but the masses didn't seem to care.
The difference between .mp3 and a CD/vinyl is nothing compared with a streamed film and an upscaled DVD let alone a Blu-Ray.Hub said:
I suppose CarpetRight were picked out, as their stores seem quite dated and you never see many customers in them (see also SCS furniture store!)
I agree there. Same with a lot of dream stores and otehr furniture stores. But to be honest I can't say I'm personally that bothered. The missus didn't seem that fussed either and as a reference point of one I'd expect her to walk in say this looks like old tat lets go. She didn't. GroundEffect said:
The difference between .mp3 and a CD/vinyl is nothing compared with a streamed film and an upscaled DVD let alone a Blu-Ray.
How so? Surely it depends on the fatness of the data pipe and the level of quality of the stream? When I download HD content to my Sky+ HD box with their On Demand service, the resulting content is exactly the same quality as the HD content transmitted over the satellite link. And why shouldn't it be; it's just the transport medium that differs.
Likewise, if you have sufficient bandwidth, it should make no difference if a DVD or Bluray player is connected to your telly by an HDMI cable or an Ethernet cable. And with the latter, the DVD or Bluray player could be anywhere in the world. That's all streaming data is, after all.
Where people get the idea that it's poor quality is when they watch streaming content on a crappy internet connection that can't keep up with decent quality so the quality has to be degraded until their crappy connection *can* keep up.
OdramaSwimLaden said:
I'm sure DSG will be not long for this world.
Everything they sell can be found cheaper online; mostly quite a bit cheaper . They have, in the last few years, been aquiring a growing portfolio in Italy, Portugal, Greece, Hungry and numerous other troubled areas. They have vast stores and numerous absolutely fking useless staff.
In fact Best Buy (if you don't know who they are they were are a massive US rival that had 11 stores in the UK and were set to take over until they went pop in the UK last year; they had 11 huge stores) did DSG a big favour. DSG were ready to shut stores to get ready for the Best Buy takeover, lucky break.
DSG will be gone within 12 months. Maybe not in it's entirity though.
Dixons group are more like BT or AOL, they're so big and spend so much on promoting themselves as a market leading brand that enough mugs keep on using them. There's still, and always will be, a non-internet market and they'll benefit now from less competition.Everything they sell can be found cheaper online; mostly quite a bit cheaper . They have, in the last few years, been aquiring a growing portfolio in Italy, Portugal, Greece, Hungry and numerous other troubled areas. They have vast stores and numerous absolutely f
king useless staff. In fact Best Buy (if you don't know who they are they were are a massive US rival that had 11 stores in the UK and were set to take over until they went pop in the UK last year; they had 11 huge stores) did DSG a big favour. DSG were ready to shut stores to get ready for the Best Buy takeover, lucky break.
DSG will be gone within 12 months. Maybe not in it's entirity though.
Blockbuster I'm surprised they've made it this far, most of the stores I pass are noticeable for the fact they're practically falling down
Hub said:
hairyben said:
Blockbuster I'm surprised they've made it this far, most of the stores I pass are noticeable for the fact they're practically falling down
Indeed, the walls are only supported by the piles of ex-rental DVDs for sale!ks to this lets just go home and download it".Got a feeling this might not have been a blockbuster, but was too much a cool story bro not to tell.
hairyben said:
Tried to rent a flim once, when we lived in camden town. years ago. despite having passport, driving licence, and as much cash as they fancied as deposit on me the drone behind the counter couldn't rent me a film, because I didn't have a utility bill. Brother in law turns to me and so's the whole shop can hear goes "bks to this lets just go home and download it".
Got a feeling this might not have been a blockbuster, but was too much a cool story bro not to tell.
ks to this lets just go home and download it".Got a feeling this might not have been a blockbuster, but was too much a cool story bro not to tell.
DonkeyApple said:
Fittster said:
DonkeyApple said:
BoRED S2upid said:
Amazon takes another scalp!
To be fair I think the reality is that they've been given another scalp rather than taken one. This was yet another hideously badly run business saddled with massive debt.They never had to stay in their sector. If they'd had the cash and the assets they could have evolved the prime retail outlets with the market.
The real problem now is that the retail units of all these stores are booked in at high costs in vehicles like our pensions so we will be taking a hit as its very likely that new tennents will be able to negotiate lower rents this decimating the book values that were based on 15-20 year exhorbitant rents.
Couple this with the fact that it normally transpires that the debt hole left behind by these chains miraculously transpires to be held by those idiots RBS or HBoS. So that's another hit.
The boards will blame tough markets, online competition or the banks. But it was the board who w
ed the business to these factors. It's just another case of cheap debt and huge leverage being mistaken for competent management and business skills.
Easy money allowed for massive expansion and overpaying of leases. Local owners squeezed out. Highstreet structure changed by 'Starbucks on every corner' debt fueled expansions.
Badly run chains now screwed by debt burden and clogging the highstreets. Rents still keeping out traditional providers.
DonkeyApple said:
Someone has woken up to what has really been happening on our highstreets: http://www.telegraph.co.uk/finance/newsbysector/ba...
Easy money allowed for massive expansion and overpaying of leases. Local owners squeezed out. Highstreet structure changed by 'Starbucks on every corner' debt fueled expansions.
Badly run chains now screwed by debt burden and clogging the highstreets. Rents still keeping out traditional providers.
It just seems insane that this was ever allowed (by the lenders) to happen.Easy money allowed for massive expansion and overpaying of leases. Local owners squeezed out. Highstreet structure changed by 'Starbucks on every corner' debt fueled expansions.
Badly run chains now screwed by debt burden and clogging the highstreets. Rents still keeping out traditional providers.
Happened to a company I worked for - bought by a PE firm when our business had already started to decline. I thought we'd go bust, but with incredible timing we were sold to a large multinational just before the back-side dropped out the business completely. It's all gone now.
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