2019 Retailers in trouble thread
Discussion
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.
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 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.
JuniorD said:
SeeFive said:
loafer123 said:
p4cks said:
I'm told Virgin Atlantic on the edge today
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