First retail ‘name’ to pop off 2018
Discussion
HTP99 said:
Robertj21a said:
Jonny_ said:
Oakey said:
Some of these Starbucks places in nowheresville have got to go pop eventually as well, are they franchises?
One opened next to a petrol station near me and every time we use the petrol station the Starbucks is dead, I'd be amazed if they make enough to cover their running costs!
The drive thru one next to Deepdale in Preston always seems empty as well.
In an ideal world, Costa and their terrible coffee would be the first to fall. Can't see it happening any time soon though!One opened next to a petrol station near me and every time we use the petrol station the Starbucks is dead, I'd be amazed if they make enough to cover their running costs!
The drive thru one next to Deepdale in Preston always seems empty as well.
FiF said:
HTP99 said:
Robertj21a said:
Jonny_ said:
Oakey said:
Some of these Starbucks places in nowheresville have got to go pop eventually as well, are they franchises?
One opened next to a petrol station near me and every time we use the petrol station the Starbucks is dead, I'd be amazed if they make enough to cover their running costs!
The drive thru one next to Deepdale in Preston always seems empty as well.
In an ideal world, Costa and their terrible coffee would be the first to fall. Can't see it happening any time soon though!One opened next to a petrol station near me and every time we use the petrol station the Starbucks is dead, I'd be amazed if they make enough to cover their running costs!
The drive thru one next to Deepdale in Preston always seems empty as well.
so instead I invested in a decent machine for use at home,on my second one now and even at a cost of 1k it has already paid for itself in 1.5 years.
I drink tea at work which works out very cheap taking the bags in plus a drop of milk.(not ideal if you hate tea of course)
ETA and you can get a good deal on bulk buying beans if you look.
New Look
“New Look’s precarious finances are set to come under more pressure after the withdrawal of credit insurance to many of its suppliers.”
https://www.thetimes.co.uk/edition/business/new-lo...
“New Look’s precarious finances are set to come under more pressure after the withdrawal of credit insurance to many of its suppliers.”
https://www.thetimes.co.uk/edition/business/new-lo...
Oakey said:
Some of these Starbucks places in nowheresville have got to go pop eventually as well, are they franchises?
One opened next to a petrol station near me and every time we use the petrol station the Starbucks is dead, I'd be amazed if they make enough to cover their running costs!
The drive thru one next to Deepdale in Preston always seems empty as well.
Starbucks and Costa have a lot of franchisees but they're only opening their own sites now, no longer recruiting for the network unless you are already established.One opened next to a petrol station near me and every time we use the petrol station the Starbucks is dead, I'd be amazed if they make enough to cover their running costs!
The drive thru one next to Deepdale in Preston always seems empty as well.
Bradgate said:
Another vote for House of Fraser. They closed their Leicester store recently, and their Nottingham store now looks quite tatty, old fashioned and unloved. I think they are feeling the pinch.
https://www.scotsman.com/business/companies/retail/house-of-fraser-reportedly-asks-landlords-to-slash-rent-bill-1-4654806dxg said:
Bradgate said:
Another vote for House of Fraser. They closed their Leicester store recently, and their Nottingham store now looks quite tatty, old fashioned and unloved. I think they are feeling the pinch.
https://www.scotsman.com/business/companies/retail/house-of-fraser-reportedly-asks-landlords-to-slash-rent-bill-1-4654806All the cables are surface mount and it just looks awful
It’s been totally left behind by the building of St David’s2 with its brightly lit John Lewis.
It’s always dead inside, I go there during the sale as you can get £400 1000 thread count bedding for £60, not sure how they make profit at that level!
I'm amazed Game are still going, all the games they sell are usually overpriced, everytime I do wander in though, it seems to be populated with kids dragging their parents around, asking them to buy them games and probably don't want to tell their kids, "no I'll order it online for £15 cheaper and it'll be delivered in a few days" so must just buy them then and there. Have noticed they have diversified into selling all manners of gaming related s
te paraphernalia (on a much larger magnitude than they used to) and old phones though, so maybe that's helping them stay afloat. Majority of the games I buy now, are ordered online from the likes of Amazon or Base, like alot of other people I speak to as well.
te paraphernalia (on a much larger magnitude than they used to) and old phones though, so maybe that's helping them stay afloat. Majority of the games I buy now, are ordered online from the likes of Amazon or Base, like alot of other people I speak to as well.valiant said:
Not sure how travel agents seem to survive in the Internet era. There must be a least a half dozen in my town including two Thomas Cook's and always look quiet. Once the oldies who are scared of the 'net start dying off, the traditional travel agent can't be too far behind.
Do you mean travel agents or holiday companies? Tui https://www.ft.com/content/4e3e150a-dfe0-11e7-a8a4... and Thomas cook both doing very well, these are massive international companies that own airlines, hotels, cruise ships, loads of smaller speciality companies etc.they have huge purchasing power and buy up capacity in many areas. Smaller travel companies like Monarch have gone under but these giants that are left after consolidation in the industry and are mainly online business now, and have been for years.
They keep the high street stores open as some people like talking to humans and also you can pay in cash, Plenty if people it seems like to go into a shop and pay for a holiday or flights in big wads of cash and you can’t do that easily online.
Plenty of other online businesses will have a physical high street presence for similar reasons.
Mothercare warns on profits, shares fall 25%
http://www.bbc.co.uk/news/business-42602030
"Baby goods retailer Mothercare has issued a profit warning after reporting a big fall in sales over the crucial Christmas trading period.
Like-for-like sales fell 7.2% year-on-year, while online sales fell 6.9%.
The retailer said it had reduced its total number of stores and discounted heavily in its end-of-season sale."
http://www.bbc.co.uk/news/business-42602030
"Baby goods retailer Mothercare has issued a profit warning after reporting a big fall in sales over the crucial Christmas trading period.
Like-for-like sales fell 7.2% year-on-year, while online sales fell 6.9%.
The retailer said it had reduced its total number of stores and discounted heavily in its end-of-season sale."
El stovey said:
valiant said:
Not sure how travel agents seem to survive in the Internet era. There must be a least a half dozen in my town including two Thomas Cook's and always look quiet. Once the oldies who are scared of the 'net start dying off, the traditional travel agent can't be too far behind.
Do you mean travel agents or holiday companies? Tui https://www.ft.com/content/4e3e150a-dfe0-11e7-a8a4... and Thomas cook both doing very well, these are massive international companies that own airlines, hotels, cruise ships, loads of smaller speciality companies etc.they have huge purchasing power and buy up capacity in many areas. Smaller travel companies like Monarch have gone under but these giants that are left after consolidation in the industry and are mainly online business now, and have been for years.
They keep the high street stores open as some people like talking to humans and also you can pay in cash, Plenty if people it seems like to go into a shop and pay for a holiday or flights in big wads of cash and you can’t do that easily online.
Plenty of other online businesses will have a physical high street presence for similar reasons.
My wife still didn't like it though, so no-one has got our business.
AstonZagato said:
El stovey said:
valiant said:
Not sure how travel agents seem to survive in the Internet era. There must be a least a half dozen in my town including two Thomas Cook's and always look quiet. Once the oldies who are scared of the 'net start dying off, the traditional travel agent can't be too far behind.
Do you mean travel agents or holiday companies? Tui https://www.ft.com/content/4e3e150a-dfe0-11e7-a8a4... and Thomas cook both doing very well, these are massive international companies that own airlines, hotels, cruise ships, loads of smaller speciality companies etc.they have huge purchasing power and buy up capacity in many areas. Smaller travel companies like Monarch have gone under but these giants that are left after consolidation in the industry and are mainly online business now, and have been for years.
They keep the high street stores open as some people like talking to humans and also you can pay in cash, Plenty if people it seems like to go into a shop and pay for a holiday or flights in big wads of cash and you can’t do that easily online.
Plenty of other online businesses will have a physical high street presence for similar reasons.
My wife still didn't like it though, so no-one has got our business.
So far we've never had an issue, probably helps that we aren't resort types either, preferring self catering villas, apartments or hotels, which are very easy to source and book.
HTP99 said:
We always book our holidays ourselves and each part seperately on the internet, it saves a ton of money and is actually very easy to do, I guess people want the convenience of a 1 stop shop and are also a bit nervous of timings and it all not falling in to place if they make a mistake.
So far we've never had an issue, probably helps that we aren't resort types either, preferring self catering villas, apartments or hotels, which are very easy to source and book.
There is also a risk of flight impacts, etc once you get into building every component... ie. one flight delay and the next leg says "tough" as it wasn't an end to end booking, etc.So far we've never had an issue, probably helps that we aren't resort types either, preferring self catering villas, apartments or hotels, which are very easy to source and book.
Yipper said:
Funkycoldribena said:
dandarez said:
My thoughts?
History tells us...
Great Mills,
then morphs into Focus,
then morphs into Focus DIY...
then morphs into B&Q
Got to be B&Q surely?
Does Kingfisher Group really need Screwfix 'and' B&Q?
Our local store is open 7 days a week and most times I go in I come out empty handed and it has more staff than customers.
It's online site is beyond hopeless. Masses of items listed, hardly any stocked.
Abysmal store to what it used to be.
No very much doubt it,always quite a few in ours,agree about the website though-abysmal.History tells us...
Great Mills,
then morphs into Focus,
then morphs into Focus DIY...
then morphs into B&Q
Got to be B&Q surely?
Does Kingfisher Group really need Screwfix 'and' B&Q?
Our local store is open 7 days a week and most times I go in I come out empty handed and it has more staff than customers.
It's online site is beyond hopeless. Masses of items listed, hardly any stocked.
Abysmal store to what it used to be.
Bring back Texas I say.
But how it makes a profit is beyond reasoning. The website is almost completely unusable, and actually finding anything in-store is almost impossible. The stocking and shelving are just in total chaos.
I have a trade account with B&Q, who emailed me with a special offer of a vacuum cleaner - I tried to order it online, but there was no delivery option, so I tried to 'click & collect', but alas that wouldn't work either. I phoned the 'group line' and asked them how I could arrange, as I didn't want to get there to find it wasn't reserved for me - helpful guy rang store and got one put aside for me. Sometimes the old-fashioned way is the only way
George Osborne's burger of choice:
Byron burger chain unveils rescue plan that could shut almost 1 in 3 branches.
https://www.theguardian.com/business/2018/jan/09/b...
"The company has launched a restructuring process known as a company voluntary arrangement (CVA) as it tries to lower its rental bill and focus on a smaller number of profitable restaurants."
Byron burger chain unveils rescue plan that could shut almost 1 in 3 branches.
https://www.theguardian.com/business/2018/jan/09/b...
"The company has launched a restructuring process known as a company voluntary arrangement (CVA) as it tries to lower its rental bill and focus on a smaller number of profitable restaurants."
limpsfield said:
George Osborne's burger of choice:
Byron burger chain unveils rescue plan that could shut almost 1 in 3 branches.
https://www.theguardian.com/business/2018/jan/09/b...
"The company has launched a restructuring process known as a company voluntary arrangement (CVA) as it tries to lower its rental bill and focus on a smaller number of profitable restaurants."
More great proof reading from the Guardian...Byron burger chain unveils rescue plan that could shut almost 1 in 3 branches.
https://www.theguardian.com/business/2018/jan/09/b...
"The company has launched a restructuring process known as a company voluntary arrangement (CVA) as it tries to lower its rental bill and focus on a smaller number of profitable restaurants."
"Trouble burger restaurant chain Byron has announced a financial rescue plan that could close up to 20 shops a decade after it first opened its doors."
Yipper said:
Funkycoldribena said:
dandarez said:
My thoughts?
History tells us...
Great Mills,
then morphs into Focus,
then morphs into Focus DIY...
then morphs into B&Q
Got to be B&Q surely?
Does Kingfisher Group really need Screwfix 'and' B&Q?
Our local store is open 7 days a week and most times I go in I come out empty handed and it has more staff than customers.
It's online site is beyond hopeless. Masses of items listed, hardly any stocked.
Abysmal store to what it used to be.
No very much doubt it,always quite a few in ours,agree about the website though-abysmal.History tells us...
Great Mills,
then morphs into Focus,
then morphs into Focus DIY...
then morphs into B&Q
Got to be B&Q surely?
Does Kingfisher Group really need Screwfix 'and' B&Q?
Our local store is open 7 days a week and most times I go in I come out empty handed and it has more staff than customers.
It's online site is beyond hopeless. Masses of items listed, hardly any stocked.
Abysmal store to what it used to be.
Bring back Texas I say.
But how it makes a profit is beyond reasoning. The website is almost completely unusable, and actually finding anything in-store is almost impossible. The stocking and shelving are just in total chaos.
limpsfield said:
George Osborne's burger of choice:
Byron burger chain unveils rescue plan that could shut almost 1 in 3 branches.
https://www.theguardian.com/business/2018/jan/09/b...
"The company has launched a restructuring process known as a company voluntary arrangement (CVA) as it tries to lower its rental bill and focus on a smaller number of profitable restaurants."
"Simon Cope, the Byron chief executive, said: “Byron’s core restaurant business and brand remain strong but the market that we operate in has changed profoundly."Byron burger chain unveils rescue plan that could shut almost 1 in 3 branches.
https://www.theguardian.com/business/2018/jan/09/b...
"The company has launched a restructuring process known as a company voluntary arrangement (CVA) as it tries to lower its rental bill and focus on a smaller number of profitable restaurants."
£11 for a 'smashed avacado' burger with more ££ for the sides and drink don't appear to be in demand anymore
New Look has cancelled the pre-let on new head office space that would have seen it more than double in size "amid tough trading conditions".
With £1bn of debt on balance sheet and Euler Hermes stopping selling insolvency cover to suppliers for the New Look covenant is the writing on the wall?
With £1bn of debt on balance sheet and Euler Hermes stopping selling insolvency cover to suppliers for the New Look covenant is the writing on the wall?
Yipper said:
B&Q made about a quarter-billion Pound profit in 2017, so it's not going anywhere for now.
But how it makes a profit is beyond reasoning. The website is almost completely unusable, and actually finding anything in-store is almost impossible. The stocking and shelving are just in total chaos.
Had a new kitchen fitted recently, got the worktops from B&Q - all went well and very pleased with them, except after delivery realised I needed to buy edging strip for one end - so 60cm of strip required.But how it makes a profit is beyond reasoning. The website is almost completely unusable, and actually finding anything in-store is almost impossible. The stocking and shelving are just in total chaos.
It only comes in 3 metre lengths, and that costs £25 which seemed steep. Then I discovered that its not stocked in store, and you cannot even have it delivered for collection to your local store - delivery costs £10, and you have to book a delivery day. Now £35 for 60cm of strip...
Delivery came via a 40ft highcube lorry that struggled to get to my flats. Two blokes got out to retrieve my massive parcel from within.
Now I'm wondering how they managed to make much profit on selling me this edging...
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