2020 Retailers in trouble thread

2020 Retailers in trouble thread

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Wills2

22,894 posts

176 months

Friday 10th July 2020
quotequote all
Fittster said:
jakesmith said:
Surely some of the big high street retailers are going to announce job cuts soon- I’d imagine what with all the healthcare stuff they sell, Boots is the only safe place to be right about now.
Have you been keeping up with the news today?
Parrot for aisle 9 please...

hepy

1,271 posts

141 months

Friday 10th July 2020
quotequote all
Saweep said:
One thing everyone here is missing, due to our ages probably, is that young people love cities.

And young people need managing, mostly face to face, at the early stages of their careers.

Businesses need young people to keep the wheels spinning.

I can see there being an increase in WFH of course but not of the kind speculated on here.
Saw a survey at work that said the under 30's preferred working in an office to WFH.

I'm 100% certain that the WFH 'dream' won't happen for many and office attendance will still be required at least 2-3 days a week. Larger companies will fear a loss of control over their employees as it's the only management style they know, and won't be able to get rid of high priced, long term office leases in city centres. Would love to be proved wrong.

Robertj21a

16,479 posts

106 months

Friday 10th July 2020
quotequote all
hepy said:
Saweep said:
One thing everyone here is missing, due to our ages probably, is that young people love cities.

And young people need managing, mostly face to face, at the early stages of their careers.

Businesses need young people to keep the wheels spinning.

I can see there being an increase in WFH of course but not of the kind speculated on here.
Saw a survey at work that said the under 30's preferred working in an office to WFH.

I'm 100% certain that the WFH 'dream' won't happen for many and office attendance will still be required at least 2-3 days a week. Larger companies will fear a loss of control over their employees as it's the only management style they know, and won't be able to get rid of high priced, long term office leases in city centres. Would love to be proved wrong.
I'm sure that change will only come over a considerable period of time. Probably a significant drop in the short term followed by a steady reduction in future years as employers realise the benefits, and can downsize their premises.

jakesmith

Original Poster:

9,461 posts

172 months

Friday 10th July 2020
quotequote all
hepy said:
Saweep said:
One thing everyone here is missing, due to our ages probably, is that young people love cities.

And young people need managing, mostly face to face, at the early stages of their careers.

Businesses need young people to keep the wheels spinning.

I can see there being an increase in WFH of course but not of the kind speculated on here.
Saw a survey at work that said the under 30's preferred working in an office to WFH.

I'm 100% certain that the WFH 'dream' won't happen for many and office attendance will still be required at least 2-3 days a week. Larger companies will fear a loss of control over their employees as it's the only management style they know, and won't be able to get rid of high priced, long term office leases in city centres. Would love to be proved wrong.
I haven’t heard of / read about one office based business that is planning a large scale return to the office.

At the moment the directive is to work from home if you can. As it has been imposed, businesses have been forced to change. Due to family life, work life balance, environmental concerns, property prices, commuting capacity and cost etc it is a natural move in keeping with the pressures of the times.

And lots of businesses that feared it before have been forced to pilot it and change their ways.

Now the businesses and staff have a taste of what I’ve been enjoying for the last 5 years with a job that gives me back 3 hours of my time a day and £5k-£10k gross salary, plus saves the office overhead, the Valid question over supervision is a hurdle they have already had to adapt to.

I think the genie is out of the bottle personally and we’ll see a seismic change now.

Gecko1978

9,739 posts

158 months

Friday 10th July 2020
quotequote all
The issue of control has always prevented this. I saw it at a well known high st bank and even now they have a rule about contracting staff not wfh unless they have been at the bank for 12 months. When I worked there, I pointed out that the senior manager inviting on this has a) never spoken to me in 8 months or even engaged with me via email even though I worked in their project b) even if they sat next to me 5 days a week what was on my screen would make no sense to them.

Yet I could not be trusted to wfh. Its a mind set that will change over time covid has just accelerated that, but today tomorrow or in the future change is going to happen and sadly some jobs won't exist as a result.

don'tbesilly

13,939 posts

164 months

Friday 10th July 2020
quotequote all
anonymous said:
[redacted]
The 4,000 job losses and 40+ stores closing?

Anonymous-poster

12,241 posts

207 months

Friday 10th July 2020
quotequote all
eldar said:
Anonymous-poster said:
What difference does the government debt make to you on a day to day basis?
Inflation, low interest rates.

Do you worry about the economy at all?
What lower than now? rofl

Louis Balfour

26,336 posts

223 months

Friday 10th July 2020
quotequote all

Boots is to shed 120,000 of its 60,000 staff.


jakesmith

Original Poster:

9,461 posts

172 months

Friday 10th July 2020
quotequote all
Louis Balfour said:
Boots is to shed 120,000 of its 60,000 staff.
Feels like only yesterday I was saying that wouldn't be possible

anonymous-user

55 months

Friday 10th July 2020
quotequote all
Boots are hiring 4000 staff.

Bullett

10,889 posts

185 months

Friday 10th July 2020
quotequote all
Covid has been very disruptive for my customers who are companies who operate call centres. What previously happened was that everyone worked from the office, it wasn't a tech problem but a management problem. The tools have been around for years and for many customers they were already actually in place. I've spent a lot of time reassuring them that the tools we provide work exactly the same.
With home working a lot of problems resourcing peak times go away you can pull people on to work at short notice and for a few hours at a time.


anonymous-user

55 months

Friday 10th July 2020
quotequote all
Bullett said:
Covid has been very disruptive for my customers who are companies who operate call centres. What previously happened was that everyone worked from the office, it wasn't a tech problem but a management problem. The tools have been around for years and for many customers they were already actually in place. I've spent a lot of time reassuring them that the tools we provide work exactly the same.
With home working a lot of problems resourcing peak times go away you can pull people on to work at short notice and for a few hours at a time.
I assume you mean disruptive in a good way? My mate runs a large CC and it's been brilliant for them once they got over some tech hurdles

jammy-git

29,778 posts

213 months

Friday 10th July 2020
quotequote all
RonaldMcDonaldAteMyCat said:
Boots are hiring 4000 staff.
Just so they can fire them again, the evil geniuses.

Thankyou4calling

10,611 posts

174 months

Friday 10th July 2020
quotequote all
They’re doing really well

Cosmetics are often bought by people in a recession as it’s a quick fix and cheers them up

It’s a well known FACT!

No lay offs needed, I think they’ll expand. There’s a big demand as many towns lack a store selling toothpaste and face cream.

Seattaken

496 posts

50 months

Friday 10th July 2020
quotequote all
Thankyou4calling said:
They’re doing really well

Cosmetics are often bought by people in a recession as it’s a quick fix and cheers them up

It’s a well known FACT!

.
Increased lipstick sales in a recession isn't going to happen when masks are the norm.

Gecko1978

9,739 posts

158 months

Friday 10th July 2020
quotequote all
RonaldMcDonaldAteMyCat said:
Boots are hiring 4000 staff.
From John Lewis by any chance....

Stay in Bed Instead

22,362 posts

158 months

Friday 10th July 2020
quotequote all
Thankyou4calling said:
They’re doing really well

Cosmetics are often bought by people in a recession as it’s a quick fix and cheers them up

It’s a well known FACT!

No lay offs needed, I think they’ll expand. There’s a big demand as many towns lack a store selling toothpaste and face cream.
At the height of the lockdown, didn't Boots refuse to sell what they considered non essential items?

Thankyou4calling

10,611 posts

174 months

Friday 10th July 2020
quotequote all
Stay in Bed Instead said:
At the height of the lockdown, didn't Boots refuse to sell what they considered non essential items?
Yes they did.

A lady I know popped into a big store for some essentials and dared to pick up some fake tan which the store refused to allow her to buy.

Gecko1978

9,739 posts

158 months

Friday 10th July 2020
quotequote all
Thankyou4calling said:
Stay in Bed Instead said:
At the height of the lockdown, didn't Boots refuse to sell what they considered non essential items?
Yes they did.

A lady I know popped into a big store for some essentials and dared to pick up some fake tan which the store refused to allow her to buy.
Odd they had stock on the shelves taking up floor space, someone offered them money for it an they said no....now letting people go...hmmm

thatsprettyshady

1,829 posts

166 months

Friday 10th July 2020
quotequote all
Gecko1978 said:
From John Lewis by any chance....

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