The death of the high street.

[So]

So said:

I am having lunch in Tunbridge Wells. Happily the high street appears to be thriving. I am not sure about the whole or the town, but the high Street definitely.

All of which said, Reiss, J Crew and Kath Kidston have pulled out of RTW of late. Are they brands that are too “in the middle” for the town? It seems a town of two centres, one wealthy and the the other not. I wonder whether high and low end works there, but MOR struggles.

[Truckosaurus]

So said:

... I wonder whether high and low end works there, but MOR struggles.

I suspect it is only The Rich and The Poor that have the time to spend in town centres, the rest of us are at work while the shops are open.

[Mistryride]

Truckosaurus said:

So said:

... I wonder whether high and low end works there, but MOR struggles.

I suspect it is only The Rich and The Poor that have the time to spend in town centres, the rest of us are at work while the shops are open.

Good point, so rather than waste our weekends on shopping we order online, well I do.

[sparkythecat]

C70R said:

sparkythecat said:

I think you need to move.

Believe it or not, the shopping utopia that you describe actually exists........in the provincial towns of northern France

Where nothing opens on a Sunday. Or a Wednesday. And only opens half-days on a Monday, because they feel like it.
"Utopia" indeed.

My reply which you quoted was in response to a post by R4PID who said opening shops from 9-5 on weekdays was pointless and proposed a solution

R4PID said:

... . Free parking, later opening in weekday evenings, accessible and accommodating eateries and hostelries combined with local community based events to create destination leisure time

Which is generally what you'll find in provincial towns in France.

[Burwood]

Looks like sports direct making a move . Removing two board members. Debenhams

[anonymous-user]

The two board members being the chairman (who has gone) and the ceo who is staying on with the ceo title but now reporting to the board - wtf???

Trading statement today too

https://tools.eurolandir.com/tools/Pressreleases/G...

Is it just me that finds the commentary at odds with the numbers?

Edited by anonymous-user on Thursday 10th January 21:31

[Burwood]

Two people standing in the way of MA swooping in with another stake?

[hyphen]

So said:

I am having lunch in Tunbridge Wells. Happily the high street appears to be thriving. I am not sure about the whole or the town, but the high Street definitely.

Tunridge wells...busy....Is it Pensioners discount night at the chippy?

[hyphen]

Oxford Street Topshop granted flexible drinks license.
https://www.standard.co.uk/news/london/topshops-ox...

Could set off a trend, get the customer tipsy and they may spend more.

[Nickbrapp]

Carrot said:

Exactly why I got rid of my TDCi Mondeo back in 2004. It had 100k miles, was running really well but the DMF was very much on it's way out.

Car worth £800 - £1k, DMF at the time was £1400 to replace.

Sometimes it’s better to spend more than it’s worth.

My mum had a rover 75, she loved it, the clutch went £800 to fix, instead my step dad thought it better to scrap that and spend the £800 on a mk1 Laguna estate. Which then had crap electrics and my mum regularly got stuck in it. One day she drove it to a scrap yard and had another door fitted. So she had a 2 tone car, all in all they spent another £800 on it in 6 months to keep it going. When the rover had never had any other issues than the clutch. She bought a new car after that and nothing’s gone wrong since

[miniman]

hyphen said:

Oxford Street Topshop granted flexible drinks license.
https://www.standard.co.uk/news/london/topshops-ox...

Could set off a trend, get the customer tipsy and they may spend more.

Interesting approach. In effect, they are saying “if you want us on the high street, we need to be able to maximise what we earn from the store” which you can’t really argue with.

[Cliftonite]

Nickbrapp said:

Sometimes it’s better to spend more than it’s worth.

My mum had a rover 75, she loved it, the clutch went £800 to fix, instead my step dad thought it better to scrap that and spend the £800 on a mk1 Laguna estate. Which then had crap electrics and my mum regularly got stuck in it. One day she drove it to a scrap yard and had another door fitted. So she had a 2 tone car, all in all they spent another £800 on it in 6 months to keep it going. When the rover had never had any other issues than the clutch. She bought a new car after that and nothing’s gone wrong since

Exactly! Every job on my (20 year old) current daily costs more than it is worth. Even topping up with petrol!

[kiethton]

miniman said:

hyphen said:

Oxford Street Topshop granted flexible drinks license.
https://www.standard.co.uk/news/london/topshops-ox...

Could set off a trend, get the customer tipsy and they may spend more.

Interesting approach. In effect, they are saying “if you want us on the high street, we need to be able to maximise what we earn from the store” which you can’t really argue with.

I would argue that this is the exception rather than the rule, especially given the location.

Likely related to large “closed store” events eg. The launch of new product lines and the associated show/catering

[Pesty]

Dakkon said:

It's a shame your mum said no to anal all those years ago.....

Well she’s ok with it now

Not surprising

[anonymous-user]

New look debt for equity swap brought forward and terms not as good as bonholders once expected

https://twitter.com/jonathaneley/status/1084795256...

Across the pond, Gymboree

https://www.cnbc.com/2019/01/14/gymboree-reportedl...

[Burwood]

JD bucked the trend. Like for like stores up 5% revs.

[Lemming Train]

Considering we're halfway through January now I am somewhat disappointed that it hasn't been as apocalyptic as many predicted.

[anonymous-user]

Burwood said:

JD bucked the trend. Like for like stores up 5% revs.

Let's be fair, the average JD customer doesn't have to worry about such things as salary, jobs or the economy.

Simply keep telling the benefits people how your bad back makes you a cripple and spend the resultant tokens on sports gear and Sky telly. Word.

[Thankyou4calling]

janesmith1950 said:

Let's be fair, the average JD customer doesn't have to worry about such things as salary, jobs or the economy.

Simply keep telling the benefits people how your bad back makes you a cripple and spend the resultant tokens on sports gear and Sky telly. Word.

Have you ever been in a JD store?

[anonymous-user]

Thankyou4calling said:

Have you ever been in a JD store?

Yes.