First retail ‘name’ to pop off 2018

First retail ‘name’ to pop off 2018

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Discussion

ch108

1,127 posts

133 months

Saturday 14th July 2018
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matchmaker said:
We are losing our Argos. Moving from dead centre of the city (Stirling) to Sainsburys.
I didn't know that. Can't remember the last time I was in it mind. That will be Argos and the old Tiso shop empty in the same row of shops. Probably both be turned into cafes, or coffee shops of which Stirling has plenty!

I see Mr Simms sweet shop at the junction of Port Street and Upper Craigs has gone too.

jas xjr

11,309 posts

239 months

Sunday 15th July 2018
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RATATTAK said:
What's the significance of the full stops ?

Fat fingers and strong medication smile

gizlaroc

17,251 posts

224 months

Sunday 15th July 2018
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The Hypno-Toad said:
Was in Guildford today trying and failing to find a pair of black chinos that wasn't designed for a stick insect and nearly every single clothes shop had some form of sale on including Gant and Timberland.

The usual suspects, Debenhams & HoF, had big discounts across the stores.

Tough times.
It is not tough times in clothing retail, the problem we have is the big stores like House Of Fraser take stock too early.

Shorts and flip flops in December/January, then don't sell any of it till April/May, threatened to be sued by suppliers by June and so they go into Sale to pay the debts.
Then by July the shelves are looking empty, so they call up and ask for stock. So by mid July they have knitwear, cords, winter coats and it starts again. We have July, August, September and even October these days were it is still warm, so they don't start moving it till November, we then have 8 weeks till Xmas and for some reason they all go to sale on Boxing day even though, Jan, Feb and March are our coldest most winter like months. But you can't buy winter product only shorts and flip flops.

The problem with the clothing industry is the product is either not there or in mark down (so no many being made) when people want it.


It could be turned around pretty much overnight if everyone got on board.




This was an article I wrote a couple of years ago, I got some private emails from some of the biggest companies saying "nail on head". However, here we are 2 years on and things are only getting worse.

https://www.linkedin.com/pulse/footwear-clothing-r...

Edited by gizlaroc on Sunday 15th July 17:07

12TS

1,842 posts

210 months

Sunday 15th July 2018
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Isn't this what H and M and ASOS and the like are supposed to be good. Good stock controls and the ability to get stuff quickly into store?

It always struck me as odd that the big old retailers seemed to be about half a season of what was required. I don't want to think about an autumn wardrobe now. It's 32 deg C!

gothatway

5,783 posts

170 months

Sunday 15th July 2018
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What's so great about Retail ? All the sector does is absorb money without adding value (except a few cases where advice might be of value). I exclude coffee shops, betting shops, hairdressers, banks and suchlike where a personal service is provided. But food, clothing, furniture - just add a cost to the consumer. I guess travel agents can provide an advice service, though mostly nowadays they can be bypassed.

talksthetorque

10,815 posts

135 months

Sunday 15th July 2018
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gothatway said:
What's so great about Retail ? All the sector does is absorb money without adding value (except a few cases where advice might be of value). I exclude coffee shops, betting shops, hairdressers, banks and suchlike where a personal service is provided. But food, clothing, furniture - just add a cost to the consumer. I guess travel agents can provide an advice service, though mostly nowadays they can be bypassed.
In your examples - People prefer to choose the best looking steak with the longest date, try clothes on, see if the sofa is comfortable.
A physical examination or test of the product.
By the way - what's the personal service in the betting shop that your phone can't do?

Seventy

Original Poster:

5,500 posts

138 months

Sunday 15th July 2018
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gothatway said:
What's so great about Retail ? All the sector does is absorb money without adding value (except a few cases where advice might be of value). I exclude coffee shops, betting shops, hairdressers, banks and suchlike where a personal service is provided. But food, clothing, furniture - just add a cost to the consumer. I guess travel agents can provide an advice service, though mostly nowadays they can be bypassed.
And this, in a nutshell, is why high streets are failing.
It’s a terrible viewpoint, and not a valid one.

IMO, essentially, people are all too quick to resort to Amazon and the suchlike to try and get it a pound cheaper. High streets provide far more than the obvious. Especially small town high streets. They are a point of contact, a social meeting place, somewhere to be someone, to interact and to contribute.
They provide jobs, a future, investment. They knit together communities in a far far better way than social media ever could.
I am quite happy to pay a little more to buy local, to keep money in the local economy. It is money well spent.

The retail race to the bottom is one of the worst things of the 21st century.

voyds9

8,488 posts

283 months

Sunday 15th July 2018
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gothatway said:
What's so great about Retail ? All the sector does is absorb money without adding value (except a few cases where advice might be of value). I exclude coffee shops, betting shops, hairdressers, banks and suchlike where a personal service is provided. But food, clothing, furniture - just add a cost to the consumer. I guess travel agents can provide an advice service, though mostly nowadays they can be bypassed.
Define value.

A significant number of the public worship at the altar of consumerism.

And what annoys me as a high street retail outlet is the number of public who view in my shop and but buy online to save a few quid and then come back to me with problems as I am a stockist and should be responsible.

They don't like the reply of contact the people who you purchased it off.

Seventy

Original Poster:

5,500 posts

138 months

Sunday 15th July 2018
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voyds9 said:
And what annoys me as a high street retail outlet is the number of public who view in my shop and but buy online to save a few quid and then come back to me with problems as I am a stockist and should be responsible.
I feel for you.
I think it is the height of rudeness to browse in a shop, use the facilities, and then whilst still in the shop compare/purchase online. Maybe I’m just old fashioned.
I too am in retail, although in my sector I don’t have that problem.

eldar

21,747 posts

196 months

Sunday 15th July 2018
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voyds9 said:
Define value.

A significant number of the public worship at the altar of consumerism.

And what annoys me as a high street retail outlet is the number of public who view in my shop and but buy online to save a few quid and then come back to me with problems as I am a stockist and should be responsible.

They don't like the reply of contact the people who you purchased it off.
I admire your restraint!

anonymous-user

54 months

Sunday 15th July 2018
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voyds9 said:
gothatway said:
What's so great about Retail ? All the sector does is absorb money without adding value (except a few cases where advice might be of value). I exclude coffee shops, betting shops, hairdressers, banks and suchlike where a personal service is provided. But food, clothing, furniture - just add a cost to the consumer. I guess travel agents can provide an advice service, though mostly nowadays they can be bypassed.
Define value.

A significant number of the public worship at the altar of consumerism.

And what annoys me as a high street retail outlet is the number of public who view in my shop and but buy online to save a few quid and then come back to me with problems as I am a stockist and should be responsible.

They don't like the reply of contact the people who you purchased it off.
I feel for you Voyds. They're effectively acknowledging there's a need for physical retail by coming in to see the product, but they're also treating that as a free service. Then they have the cheek to use the aftersales service of a physical retail outlet because it then becomes easier than the aftersales process of the online retailer they gave their custom to.
s!

gizlaroc

17,251 posts

224 months

Sunday 15th July 2018
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Problem is, those sort of people also don't get they can ask "Can you do it at this price?"

They tend to be brazen enough to start googling in your shop, but not able to have a regular conversation.

Maybe it is the generation, grown up with tech rather than people?
They all seem like they are slightly on the spectrum, can't see they are even being rude.

craigjm

17,955 posts

200 months

Sunday 15th July 2018
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Seventy said:
High streets provide far more than the obvious. Especially small town high streets. They are a point of contact, a social meeting place, somewhere to be someone, to interact and to contribute.
They provide jobs, a future, investment. They knit together communities in a far far better way than social media ever could.
Lots of people in the under 30 generation, and let’s not stereotype so lots of people over that age too, don’t give a st about any of that. One of the reasons why depression and loneliness is high amongst that age group

BlueHave

4,651 posts

108 months

Sunday 15th July 2018
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jas xjr said:
As long as argos do not replicate their homebase model , where you could order on.an.in.store terminal but.rarely had.any.stock.
That model was based on the belief that if you couldn't get the one on offer (which automatically appeared to be in stock when the offer ended) you would buy the more expensive item. A model which proved complete bks in the long term.

Sainsburys bought Argos because their own online presence was pretty rubbish for a big retailer.

matchmaker

8,490 posts

200 months

Monday 16th July 2018
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ch108 said:
I didn't know that. Can't remember the last time I was in it mind. That will be Argos and the old Tiso shop empty in the same row of shops. Probably both be turned into cafes, or coffee shops of which Stirling has plenty!

I see Mr Simms sweet shop at the junction of Port Street and Upper Craigs has gone too.
I know. Disaster! frownfrown

limpsfield

5,885 posts

253 months

Wednesday 18th July 2018
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So not really retail but steak restaurants chain Gaucho in trouble

Gaucho restaurant group races to secure rescue deal, with 1,500 jobs at risk
https://www.theguardian.com/business/2018/jul/13/g...

From my experience they were seen as quite premium 10/15 years ago but have perhaps suffered with the like of Goodmans etc taking things up a notch.

Seems that it's more mainstream casual dining business has done the biggest damage
"The Cau restaurant chain, which serves up burgers, steaks and brunch with a Buenos Aires theme, has suffered sales declines in double digits for more than a year."

talksthetorque

10,815 posts

135 months

Wednesday 18th July 2018
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One Model I predict will not take off in this sector is Son of Steak (they opened in Nottingham)
Order at the bar, Drinks and food, pay first, no sides included, get your own cutlery and napkins

Imagine Steak - a la Nando's

LaurasOtherHalf

21,429 posts

196 months

Wednesday 18th July 2018
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talksthetorque said:
One Model I predict will not take off in this sector is Son of Steak (they opened in Nottingham)
Order at the bar, Drinks and food, pay first, no sides included, get your own cutlery and napkins

Imagine Steak - a la Nando's
I think that's it though, imagine anything a la anything and it's not unique, nor will they be pioneered by the risk taking entrepreneur who will work to make it successful.

It's just copy that, borrow big, spend bigger and hope it works out. If it doesn't, it won't come out of our pockets

captain_cynic

11,998 posts

95 months

Wednesday 18th July 2018
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talksthetorque said:
One Model I predict will not take off in this sector is Son of Steak (they opened in Nottingham)
Order at the bar, Drinks and food, pay first, no sides included, get your own cutlery and napkins

Imagine Steak - a la Nando's
I think a lot of chains are using that model (of paying for sides). Certainly most of the new burger chains are, the idea is that you sell the main dish at a lower price (possibly loss leading) to get people in the door with "Food for £4.95" but have them paying £13 for the whole meal. I dare say that the whole model has already taken off.

So I don't think that would be the cause of their failure... If they cant come up with a better name than "Son of Steak" they're bound to be thick as a brick. Hell, it's enough to stop me from eating there even if I lived in Nottingham.

gothatway

5,783 posts

170 months

Wednesday 18th July 2018
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LaurasOtherHalf said:
be pioneered by
I feel the hate already, but what does that mean in English ?