2019 Retailers in trouble thread

2019 Retailers in trouble thread

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Alpinestars

13,954 posts

246 months

Sunday 29th December 2019
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CoolHands said:
So in reality would that be pension funds / investment portfolios that pay for it indirectly? Ie my tracker SIPP which is in loads of companies, & other similar funds, will end up losing their money? Who penalises the dheads that throw this money away?
Many pension funds invest in Private Equity, where they lend at even higher rates of interest, 10-13%, with the interest only being paid when they exit (sell) the investment.

You/pension trustees penalise them by choosing where to put your pension/investments.

heisthegaffer

3,457 posts

200 months

Sunday 29th December 2019
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zb said:
There's absolutely nothing wrong with pile high, sell cheap. However, that approach simply does not work with the segment he has bought into. In fact, the suppliers will not allow their brands to be cheapened like that.

Ashley does appear to be addressing it: I was in a flagship Sports Direct recently, it was clean, modern, bright, airy and spacious. It had dedicated Under Armour, Adidas, Nike etc. sections. It was a million miles away from the day after the jumble sale vibe of many SDs, and not an oversized mug in sight. It may be too late, as he should have also applied this spit and polish to the HoF stores he acquired.
The SD in Watford intu is really nice and Co joined with USC I recall

anonymous-user

56 months

Friday 31st January 2020
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The Book People looks to be in a £30m hole

https://beta.companieshouse.gov.uk/company/0229066...

p4cks

6,943 posts

201 months

Monday 16th March 2020
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I'm told Virgin Atlantic on the edge today

loafer123

15,484 posts

217 months

Monday 16th March 2020
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p4cks said:
I'm told Virgin Atlantic on the edge today
Perhaps Branson should dip into his reserves?

SeeFive

8,280 posts

235 months

Monday 16th March 2020
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loafer123 said:
p4cks said:
I'm told Virgin Atlantic on the edge today
Perhaps Branson should dip into his reserves?
Asking staff to take 8 weeks unpaid leave apparently.

JuniorD

8,649 posts

225 months

Monday 16th March 2020
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SeeFive said:
loafer123 said:
p4cks said:
I'm told Virgin Atlantic on the edge today
Perhaps Branson should dip into his reserves?
Asking staff to take 8 weeks unpaid leave apparently.
They were happy to wash their hands of Flybe a couple of weeks ago, and now want a bailout.

surveyor

17,906 posts

186 months

Monday 16th March 2020
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JuniorD said:
SeeFive said:
loafer123 said:
p4cks said:
I'm told Virgin Atlantic on the edge today
Perhaps Branson should dip into his reserves?
Asking staff to take 8 weeks unpaid leave apparently.
They were happy to wash their hands of Flybe a couple of weeks ago, and now want a bailout.
To be fair - the early stages of this was out by then, and putting cash into a loss making firm would have been a really bad idea.

Robertj21a

16,521 posts

107 months

Monday 16th March 2020
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You do realise that this is the old 2019 thread, not the current one ?

surveyor

17,906 posts

186 months

Monday 16th March 2020
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Robertj21a said:
You do realise that this is the old 2019 thread, not the current one ?
Ah, but life was so much better back then....

p4cks

6,943 posts

201 months

Monday 16th March 2020
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Robertj21a said:
You do realise that this is the old 2019 thread, not the current one ?
I did a search I really did (both on here and on Google), but I couldn't find anything

jeremyc

23,742 posts

286 months

Monday 16th March 2020
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