2020 Retailers in trouble thread
Discussion
Gecko1978 said:
SydneyBridge said:
I cannot imagine Primark have any unprofitable shops, unlike many retailers.
Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
My guess is retail has changed some will shop more on line than before. Governments recent chants of go back to work seem to echo this fear. Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
Me I could care less about going back to the office saving 4 to 500 a month less miniscule electricity costs. Now
Multiply that by say 500k City workers who have worked from home with no drop in productivity, saved time, money and child care costs. Plus we are told less car use is good for the environment well the government are getting what they always wanted right..... Course it's bulls
t the government want our money so need us to go back to before a 5 coffee and cake in morning 5 on a sandwich and then a snack on way home, pay train fair, pay for parking, pay for fuel etc. Or we could all do aot less of that make overpayment on the mortgage, pay off credit cards, build savings for a rainy day etc.I feel the end result lies somewhere in the middle with people who worked all way through seeing a financial gain they will want to bank.
Extra hours at work as well but OT ban for the first two months, at least now company is paying back, but was nervous at first if the funds ran dry quick!
Oh and for the long term recovery, cut in company pension contribution to us fro m 9 to 5% so there is another bit of money I need to find each month.
Honestly, I'd have been better off if I had been taken outside and shot. Anyway, enjoy your electricity as you read this post. Somewhere over the last four months I made little bits of it so your interwebs kept working.
What is the male version of Karen? I used to think it was a Stan but they seem out of fashion?
SydneyBridge said:
I cannot imagine Primark have any unprofitable shops, unlike many retailers.
Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
It's a business that will easily pick up. Everyone needs clothes and most want it very cheap. I don't think you can get want you want for less so they'll easily get their customers back.Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
Corvid-2020 said:
Gecko1978 said:
SydneyBridge said:
I cannot imagine Primark have any unprofitable shops, unlike many retailers.
Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
My guess is retail has changed some will shop more on line than before. Governments recent chants of go back to work seem to echo this fear. Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
Me I could care less about going back to the office saving 4 to 500 a month less miniscule electricity costs. Now
Multiply that by say 500k City workers who have worked from home with no drop in productivity, saved time, money and child care costs. Plus we are told less car use is good for the environment well the government are getting what they always wanted right..... Course it's bulls
t the government want our money so need us to go back to before a 5 coffee and cake in morning 5 on a sandwich and then a snack on way home, pay train fair, pay for parking, pay for fuel etc. Or we could all do aot less of that make overpayment on the mortgage, pay off credit cards, build savings for a rainy day etc.I feel the end result lies somewhere in the middle with people who worked all way through seeing a financial gain they will want to bank.
Extra hours at work as well but OT ban for the first two months, at least now company is paying back, but was nervous at first if the funds ran dry quick!
Oh and for the long term recovery, cut in company pension contribution to us fro m 9 to 5% so there is another bit of money I need to find each month.
Honestly, I'd have been better off if I had been taken outside and shot. Anyway, enjoy your electricity as you read this post. Somewhere over the last four months I made little bits of it so your interwebs kept working.
What is the male version of Karen? I used to think it was a Stan but they seem out of fashion?
Look at self service at McDonald's less staff faster more efficient, how many other places could adopt that. Diliverroo, get any food you want delivered so your local needs less table staff. Coffee at home v 3 in starbucks. It's all little steps to a change in society.
No Karen isum at all it's going to happen AI will be the next step, self driving tech etc. This should be a wake up to the government invest in future tech and education..... Or invest in low skilled minimum wage jobs that will be largely obsolete in our life time.
Argleton said:
SydneyBridge said:
I cannot imagine Primark have any unprofitable shops, unlike many retailers.
Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
It's a business that will easily pick up. Everyone needs clothes and most want it very cheap. I don't think you can get want you want for less so they'll easily get their customers back.Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
Gecko1978 said:
Corvid-2020 said:
Gecko1978 said:
SydneyBridge said:
I cannot imagine Primark have any unprofitable shops, unlike many retailers.
Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
My guess is retail has changed some will shop more on line than before. Governments recent chants of go back to work seem to echo this fear. Sure the positive PR is worth more than the money and has laid a marker for others, such and M & S and Arcadia
Me I could care less about going back to the office saving 4 to 500 a month less miniscule electricity costs. Now
Multiply that by say 500k City workers who have worked from home with no drop in productivity, saved time, money and child care costs. Plus we are told less car use is good for the environment well the government are getting what they always wanted right..... Course it's bulls
t the government want our money so need us to go back to before a 5 coffee and cake in morning 5 on a sandwich and then a snack on way home, pay train fair, pay for parking, pay for fuel etc. Or we could all do aot less of that make overpayment on the mortgage, pay off credit cards, build savings for a rainy day etc.I feel the end result lies somewhere in the middle with people who worked all way through seeing a financial gain they will want to bank.
Extra hours at work as well but OT ban for the first two months, at least now company is paying back, but was nervous at first if the funds ran dry quick!
Oh and for the long term recovery, cut in company pension contribution to us fro m 9 to 5% so there is another bit of money I need to find each month.
Honestly, I'd have been better off if I had been taken outside and shot. Anyway, enjoy your electricity as you read this post. Somewhere over the last four months I made little bits of it so your interwebs kept working.
What is the male version of Karen? I used to think it was a Stan but they seem out of fashion?
Look at self service at McDonald's less staff faster more efficient, how many other places could adopt that. Diliverroo, get any food you want delivered so your local needs less table staff. Coffee at home v 3 in starbucks. It's all little steps to a change in society.
No Karen isum at all it's going to happen AI will be the next step, self driving tech etc. This should be a wake up to the government invest in future tech and education..... Or invest in low skilled minimum wage jobs that will be largely obsolete in our life time.
jakesmith said:
In no way is McDonalds quicker or more efficient now they have self order. Not a chance
To be fair I only use them at services but I assume that is the motivation for having them. Surprised there is not a localised app to be honest. What's your experience and in the wider context why do you not see this as a trend to automation which I feel has been on the cards since broadband became the norm.
Challo said:
Lemming Train said:
The stuff about the markets above is because (imo) there is no queueing or being ordered around. You can go, browse around in peace and no-one seems to care for the CV19 scaremongering so it just works. Plenty of money changing hands. 'Proper' shops (excluding supermarkets which are a necessary evil so can't be compared) are largely dead because people quite rightly refuse to comply with their silly rules and dumb one-way systems, constant scrubbing your hands with questionable lotions every 5cm, having to wear a muzzle and being barked at by some dragon for having the temerity to come within 1.99m of someone.
Have you not heard of coronavirus and the fact 44k people have died because of it? Masks, social distancing, washing of hands is not too much to ask to help prevent more deaths. Gecko1978 said:
jakesmith said:
In no way is McDonalds quicker or more efficient now they have self order. Not a chance
To be fair I only use them at services but I assume that is the motivation for having them. Surprised there is not a localised app to be honest. What's your experience and in the wider context why do you not see this as a trend to automation which I feel has been on the cards since broadband became the norm.
I’m not saying that for this or any other reason, that I don’t see a trend towards automation it’s just a dubious implementation.
I’m sure it saves them money.
I work in high tech
Gecko1978 said:
To be fair I only use them at services but I assume that is the motivation for having them. Surprised there is not a localised app to be honest.
What's your experience and in the wider context why do you not see this as a trend to automation which I feel has been on the cards since broadband became the norm.
Saving money is the motivation, same as self checkouts at supermarketsWhat's your experience and in the wider context why do you not see this as a trend to automation which I feel has been on the cards since broadband became the norm.
jakesmith said:
Gecko1978 said:
jakesmith said:
In no way is McDonalds quicker or more efficient now they have self order. Not a chance
To be fair I only use them at services but I assume that is the motivation for having them. Surprised there is not a localised app to be honest. What's your experience and in the wider context why do you not see this as a trend to automation which I feel has been on the cards since broadband became the norm.
I’m not saying that for this or any other reason, that I don’t see a trend towards automation it’s just a dubious implementation.
I’m sure it saves them money.
I work in high tech
What the self service does do is allow you to take more orders and take orders in areas you might previously have not. Our closest McDonalds has a huge 1st floor section with a play area and games tablets for kids etc. Before self service you'd either have to separate (assuming you're a couple with kids) or stand in the queue with you kids and the find a table. Now you can bag a table, the kids can play and you can order yor food while keeping an eye on them and said food arrives at you table when it's ready.
So even if it take longer, the experience is better.
Also, from what I've read about the results of self service across a variety of fast and casual dining facilities, the average spend increases as people people feel under less pressure with no queue behind them and also less judged as they order isn't being overheard by other diners (I'll have 5 Big Macs and a Diet Coke please)...
anonymous said:
[redacted]
So looks like we all agree there is a trend to automation, less staff, less cost more profit. So why is the government investing in minimum wage jobs when in the end these will succumb to automation. Why is the government not happy about the environmental benefits of remote working etc. Reality is the government need the economy to change in a way it controls, covid, technology etc all messes with this.
I am not going to spend the same as before as I realise I don't need to. So where a sandwich shop looses out maybe the bike shop gains or I pay my mortgage faster. Either way change will happen regardless of government intervention
anonymous said:
[redacted]
Successive governments have been poor at controlling, or even predicting change - they have no chance of controlling it.It’s also not about minimum wage jobs specifically, it’s about jobs that add no value - either to the employer or the customer. Submitting a McDonalds order is a prime example of that. Looking a a screen with a menus on it only to tell someone what I want, so that they can type it in to a computer has no value. From an employers perspective they may forget to offer me a cheaper deal, dessert upgrade etc. The machine is programmed so won’t forget.
Once you’re been there once or twice the same is true for casual dining, I’m happy to order on an app at GBK, prezzo etc as it’s probably better than the current level of service.
Compare that with an higher end restaurant where the waiter might influence my choice of dish, recommend a wine etc.
So much for the grand reopening of pubs ...
The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
Red 4 said:
So much for the grand reopening of pubs ...
The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
Some pubs haven't yet reopened even though they say they will do, in due course.The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
Robertj21a said:
Red 4 said:
So much for the grand reopening of pubs ...
The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
Some pubs haven't yet reopened even though they say they will do, in due course.The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
Red 4 said:
Robertj21a said:
Red 4 said:
So much for the grand reopening of pubs ...
The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
Some pubs haven't yet reopened even though they say they will do, in due course.The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
Gecko1978 said:
So looks like we all agree there is a trend to automation, less staff, less cost more profit. So why is the government investing in minimum wage jobs when in the end these will succumb to automation. Why is the government not happy about the environmental benefits of remote working etc.
Reality is the government need the economy to change in a way it controls, covid, technology etc all messes with this.
I am not going to spend the same as before as I realise I don't need to. So where a sandwich shop looses out maybe the bike shop gains or I pay my mortgage faster. Either way change will happen regardless of government intervention
Because the government isn't interested in the long term. They're simply generating headlines and buying young people votes.Reality is the government need the economy to change in a way it controls, covid, technology etc all messes with this.
I am not going to spend the same as before as I realise I don't need to. So where a sandwich shop looses out maybe the bike shop gains or I pay my mortgage faster. Either way change will happen regardless of government intervention
Red 4 said:
So much for the grand reopening of pubs ...
The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
Went to my local yesterday for dinner.The ones near to me which are usually busy (especially in the summer months) are deserted.
Even outside.
If this carries on much longer I reckon a few of them will close for good.
Perhaps unsurprisingly nobody appears to be listening to Boris anymore. He'll have a huge job on his hands trying to kick start an economy with little consumer confidence.
Very busy, and well distanced between tables.
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