2020 Retailers in trouble thread

2020 Retailers in trouble thread

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Tlandcruiser

2,789 posts

199 months

Thursday 16th July 2020
quotequote all
hyphen said:
Are you sure... They had £1bn of debt earlier today, so if they are already down to £300...
Oh right,I never knew it was that much. But either way, they won’t be trading for long after the government stimulus packages end

Thankyou4calling

10,616 posts

174 months

Thursday 16th July 2020
quotequote all
Can we move on

Carluccios

A cracking restaurant

Discuss?

jakesmith

Original Poster:

9,461 posts

172 months

Friday 17th July 2020
quotequote all
Thankyou4calling said:
Can we move on

Carluccios

A cracking restaurant

Discuss?
Pointless place, got closed down because as a gourmand, I might as well break into an empty industrial unit on the other side of the country and reheat an Asda budget microwave lasagna using a campfire burning rags, for exactly the same experience but for £8 less.

anonymous-user

55 months

Friday 17th July 2020
quotequote all
The-Wanderer said:
Sounds like a comparison with Rudy’s in Manchester. Ok, you probably pay a bit of Ancoats tax, but even so it’s freshly made, and a shared antipasti platter and pizza (one size only, and usually big enough for two) is not much more than £20. Superb food, great atmosphere, decent enough wine by the glass at a sensible price. Pizza Express don’t even come close anymore.
Gives me a smile when i see Ancoats mentioned like that. When i was growing up in Manchester, Ancoats was a proper sthole. biggrin

MikeT66

2,682 posts

125 months

Friday 17th July 2020
quotequote all
rover 623gsi said:
will they?

here's some more..

https://www.hulldailymail.co.uk/news/hull-east-yor...

Two of Hull's most popular music and clubbing venues look like they are closed for good.

Hull Live understands the firm behind The Welly and The Polar Bear, as well as the Hull Box Office, has put two of their six companies into administration.

VMS took on the venues in 2018 but it is understood it has now gone into administration, leaving dozens of employees at each location without a job and thousands of people without their regular night out.

Each website has been taken down meaning punters can no longer book tickets or view what shows are coming up. Hull Box Office was used as a central point to book tickets for the other venues, promoting upcoming acts that were visiting the city.

The Polar Bear, in Spring Bank, was one of the city's most popular cultural hubs and pubs that held regular live performances. The Welly is one of the city's oldest nightclubs and welcomed thousands of punters through its doors every Thursday, Friday and Saturday night - as well as hosting its own events.
frown Played many gigs at those venues back in the 1990s. Venues like these are so important to bands getting their first gigs. Very, very sad loss.

Mr E

21,713 posts

260 months

Friday 17th July 2020
quotequote all
jakesmith said:
Pointless place, got closed down because as a gourmand, I might as well break into an empty industrial unit on the other side of the country and reheat an Asda budget microwave lasagna using a campfire burning rags, for exactly the same experience but for £8 less.
Do you review restaurants for the Times?
smile

snuffy

9,852 posts

285 months

Friday 17th July 2020
quotequote all
Theatres, music and performance venues can reopen with social distancing in August:

https://www.bbc.co.uk/news/entertainment-arts-5344...

Social distancing at all times it says; hmm... I can't see that working somehow.


Jamescrs

4,498 posts

66 months

Friday 17th July 2020
quotequote all
Thankyou4calling said:
Can we move on

Carluccios

A cracking restaurant

Discuss?
Nicely set out places but the food is very average for what they charge, I've been when I can put it on expenses for work not sure I would spend my own money there

Robertj21a

16,482 posts

106 months

Friday 17th July 2020
quotequote all
Jamescrs said:
Thankyou4calling said:
Can we move on

Carluccios

A cracking restaurant

Discuss?
Nicely set out places but the food is very average for what they charge, I've been when I can put it on expenses for work not sure I would spend my own money there
Be careful, I'm not sure you're allowed to say that any more. Someone will probably be along shortly to tell you how very wrong you are...........

rolleyes

frisbee

4,986 posts

111 months

Friday 17th July 2020
quotequote all
snuffy said:
Theatres, music and performance venues can reopen with social distancing in August:

https://www.bbc.co.uk/news/entertainment-arts-5344...

Social distancing at all times it says; hmm... I can't see that working somehow.
But Boris and chums can claim they are reopening Britain!

I'm amazed they are incapable of understanding that they are responsible for restoring consumer confidence.

Just develop an "everything is ok" app and ste like that. Not this gimping yourself up and plastic barrier crap.

vaud

50,695 posts

156 months

Friday 17th July 2020
quotequote all
Robertj21a said:
Be careful, I'm not sure you're allowed to say that any more. Someone will probably be along shortly to tell you how very wrong you are...........

rolleyes
It was ok and then over expanded and everything became totally centralised and frozen. I quite liked the ones near us, the staff were very good.

jakesmith

Original Poster:

9,461 posts

172 months

Friday 17th July 2020
quotequote all
Robertj21a said:
Be careful, I'm not sure you're allowed to say that any more. Someone will probably be along shortly to tell you how very wrong you are...........

rolleyes
If you enter a thread as a layman, where people obviously have knowledge and understanding from working in an industry or closely related to it, and you make a comment that shows a lack of understanding of the nature of how these businesses operate, why shouldn't you get pulled up on it. SOrry that upsets you.

As others have now tried to tell you, your lack of ability to differentiate a value proposition doesn't mean there isn't one. I couldn't care one way or the other about Pizza Express, but saying it has a comparable offering as Pizza Hut or compete for the same consumer is wrong. Saying that a pizza costs £1 to make (which you have absolutely no way of knowing), or that the brand sells under license a superficially similar pizza in the supermarket for less as evidence that the restaurant is overpriced, marks you out is utterly clueless.




BrabusMog

20,208 posts

187 months

Friday 17th July 2020
quotequote all
jakesmith said:
Robertj21a said:
Be careful, I'm not sure you're allowed to say that any more. Someone will probably be along shortly to tell you how very wrong you are...........

rolleyes
If you enter a thread as a layman, where people obviously have knowledge and understanding from working in an industry or closely related to it, and you make a comment that shows a lack of understanding of the nature of how these businesses operate, why shouldn't you get pulled up on it. SOrry that upsets you.

As others have now tried to tell you, your lack of ability to differentiate a value proposition doesn't mean there isn't one. I couldn't care one way or the other about Pizza Express, but saying it has a comparable offering as Pizza Hut or compete for the same consumer is wrong. Saying that a pizza costs £1 to make (which you have absolutely no way of knowing), or that the brand sells under license a superficially similar pizza in the supermarket for less as evidence that the restaurant is overpriced, marks you out is utterly clueless.
I used to work with a very big pizza franchisee, I won't let him know how much a delivered pizza costs from dough to door as it would make his head explode with rage laugh

Earthdweller

13,632 posts

127 months

Friday 17th July 2020
quotequote all
jsf said:
Gives me a smile when i see Ancoats mentioned like that. When i was growing up in Manchester, Ancoats was a proper sthole. biggrin
I think they market Ancoats as “New Islington” the destination address now

It’s far from Lowry’s vision .. although there’s still some social housing in the middle of all the poncey flats

smile

jakesmith

Original Poster:

9,461 posts

172 months

Friday 17th July 2020
quotequote all
BrabusMog said:
jakesmith said:
Robertj21a said:
Be careful, I'm not sure you're allowed to say that any more. Someone will probably be along shortly to tell you how very wrong you are...........

rolleyes
If you enter a thread as a layman, where people obviously have knowledge and understanding from working in an industry or closely related to it, and you make a comment that shows a lack of understanding of the nature of how these businesses operate, why shouldn't you get pulled up on it. SOrry that upsets you.

As others have now tried to tell you, your lack of ability to differentiate a value proposition doesn't mean there isn't one. I couldn't care one way or the other about Pizza Express, but saying it has a comparable offering as Pizza Hut or compete for the same consumer is wrong. Saying that a pizza costs £1 to make (which you have absolutely no way of knowing), or that the brand sells under license a superficially similar pizza in the supermarket for less as evidence that the restaurant is overpriced, marks you out is utterly clueless.
I used to work with a very big pizza franchisee, I won't let him know how much a delivered pizza costs from dough to door as it would make his head explode with rage laugh
No rage here, more confusion about why you're making such an irrelevant point comparing the costs of a delivery operation to the value proposition of a dine in restaurant.


Flumpo

3,798 posts

74 months

Friday 17th July 2020
quotequote all
BrabusMog said:
jakesmith said:
Robertj21a said:
Be careful, I'm not sure you're allowed to say that any more. Someone will probably be along shortly to tell you how very wrong you are...........

rolleyes
If you enter a thread as a layman, where people obviously have knowledge and understanding from working in an industry or closely related to it, and you make a comment that shows a lack of understanding of the nature of how these businesses operate, why shouldn't you get pulled up on it. SOrry that upsets you.

As others have now tried to tell you, your lack of ability to differentiate a value proposition doesn't mean there isn't one. I couldn't care one way or the other about Pizza Express, but saying it has a comparable offering as Pizza Hut or compete for the same consumer is wrong. Saying that a pizza costs £1 to make (which you have absolutely no way of knowing), or that the brand sells under license a superficially similar pizza in the supermarket for less as evidence that the restaurant is overpriced, marks you out is utterly clueless.
I used to work with a very big pizza franchisee, I won't let him know how much a delivered pizza costs from dough to door as it would make his head explode with rage laugh
Is the actual profit fairly though low due to franchisee costs and advertising?

I can’t remember the figures, but I remember it being an eye opener many years ago, when I saw Gillette make razors fro pennies, but advertising and sponsorship was phenomenal. Hence the high prices vs production.

anonymous-user

55 months

Friday 17th July 2020
quotequote all
Earthdweller said:
jsf said:
Gives me a smile when i see Ancoats mentioned like that. When i was growing up in Manchester, Ancoats was a proper sthole. biggrin
I think they market Ancoats as “New Islington” the destination address now

It’s far from Lowry’s vision .. although there’s still some social housing in the middle of all the poncey flats

smile
It used to be the site of my favourite scrapyard. laugh
The only other reason to go there was for the Hospital.
I went to school at Ardwick Green, Opposite the Apollo, another dump at the time just up the road from Ancoats. The houses surrounding the green were where all the rich Cotton Barons lived, so once a very wealthy area. Things seem to go in cycles.
Johnny Marr's Autobiography is a fun read for a Manc like me who grew up in the same areas, brought back a lot of memories.

BrabusMog

20,208 posts

187 months

Friday 17th July 2020
quotequote all
jakesmith said:
BrabusMog said:
jakesmith said:
Robertj21a said:
Be careful, I'm not sure you're allowed to say that any more. Someone will probably be along shortly to tell you how very wrong you are...........

rolleyes
If you enter a thread as a layman, where people obviously have knowledge and understanding from working in an industry or closely related to it, and you make a comment that shows a lack of understanding of the nature of how these businesses operate, why shouldn't you get pulled up on it. SOrry that upsets you.

As others have now tried to tell you, your lack of ability to differentiate a value proposition doesn't mean there isn't one. I couldn't care one way or the other about Pizza Express, but saying it has a comparable offering as Pizza Hut or compete for the same consumer is wrong. Saying that a pizza costs £1 to make (which you have absolutely no way of knowing), or that the brand sells under license a superficially similar pizza in the supermarket for less as evidence that the restaurant is overpriced, marks you out is utterly clueless.
I used to work with a very big pizza franchisee, I won't let him know how much a delivered pizza costs from dough to door as it would make his head explode with rage laugh
No rage here, more confusion about why you're making such an irrelevant point comparing the costs of a delivery operation to the value proposition of a dine in restaurant.
I was talking about Robert21, not you laugh

BrabusMog

20,208 posts

187 months

Friday 17th July 2020
quotequote all
Flumpo said:
BrabusMog said:
jakesmith said:
Robertj21a said:
Be careful, I'm not sure you're allowed to say that any more. Someone will probably be along shortly to tell you how very wrong you are...........

rolleyes
If you enter a thread as a layman, where people obviously have knowledge and understanding from working in an industry or closely related to it, and you make a comment that shows a lack of understanding of the nature of how these businesses operate, why shouldn't you get pulled up on it. SOrry that upsets you.

As others have now tried to tell you, your lack of ability to differentiate a value proposition doesn't mean there isn't one. I couldn't care one way or the other about Pizza Express, but saying it has a comparable offering as Pizza Hut or compete for the same consumer is wrong. Saying that a pizza costs £1 to make (which you have absolutely no way of knowing), or that the brand sells under license a superficially similar pizza in the supermarket for less as evidence that the restaurant is overpriced, marks you out is utterly clueless.
I used to work with a very big pizza franchisee, I won't let him know how much a delivered pizza costs from dough to door as it would make his head explode with rage laugh
Is the actual profit fairly though low due to franchisee costs and advertising?

I can’t remember the figures, but I remember it being an eye opener many years ago, when I saw Gillette make razors fro pennies, but advertising and sponsorship was phenomenal. Hence the high prices vs production.
Profit is massive. Well, at least it was for the couple of franchisees I used to work with, but they were much larger than is normal in other franchise models in terms of the percentage of stores they made up,

jakesmith

Original Poster:

9,461 posts

172 months

Friday 17th July 2020
quotequote all
BrabusMog said:
jakesmith said:
BrabusMog said:
jakesmith said:
Robertj21a said:
Be careful, I'm not sure you're allowed to say that any more. Someone will probably be along shortly to tell you how very wrong you are...........

rolleyes
If you enter a thread as a layman, where people obviously have knowledge and understanding from working in an industry or closely related to it, and you make a comment that shows a lack of understanding of the nature of how these businesses operate, why shouldn't you get pulled up on it. SOrry that upsets you.

As others have now tried to tell you, your lack of ability to differentiate a value proposition doesn't mean there isn't one. I couldn't care one way or the other about Pizza Express, but saying it has a comparable offering as Pizza Hut or compete for the same consumer is wrong. Saying that a pizza costs £1 to make (which you have absolutely no way of knowing), or that the brand sells under license a superficially similar pizza in the supermarket for less as evidence that the restaurant is overpriced, marks you out is utterly clueless.
I used to work with a very big pizza franchisee, I won't let him know how much a delivered pizza costs from dough to door as it would make his head explode with rage laugh
No rage here, more confusion about why you're making such an irrelevant point comparing the costs of a delivery operation to the value proposition of a dine in restaurant.
I was talking about Robert21, not you laugh
OK well fair play then! Thanks & God bless.
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