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Home: Non Football Related: General Chat:
Who will be the next high street chain to bite the bullet?

 

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oxpete
Chelsea Transfer Target


Jun 20, 2018, 10:15 PM

Posts: 4297
Location: Oxford
Team(s): Pompey

Post #151 of 194 (10644 views)
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Re: [KnowYourMarket] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

I thought this interesting...

http://www.bbc.co.uk/news/business-44411338

...an article listing the types of retail premises that suffered the most closures and the most new openings (net figures) during 2017.

Biggest net increases are:

Barbers ................... 624
Beauty salons .......... 388
Vaping shops/tobacconists .... 381
Cafes/tea rooms ...... 353
Nail salons .............. 176
Restaurants & bars .... 174
Coffee shops ............ 158
Pizza takeaways ........ 145
Health clubs ............. 100
Mobile phone shops .... 97
Bars ........................ 94
Chemists ................. 91
Funeral directors ....... 85
Pizzerias ................. 78
Tattoo/piercing .......... 77
Chinese takeaways ..... 77

Biggest net decreases:

Pubs & inns ............... 747
Bank branches ............ 711
Travel agents ............. 679
Post offices ................ 577
Newsagents ............... 364
Estate agents ............ 349
Women's clothes ........ 311
Convenience shops ...... 305
Shoe shops ................ 304
Fashion ..................... 274
Bookmakers ............... 176
Computer shops ......... 144
Gift shops .................. 137
Indian restaurants ....... 137
Discount stores ........... 131

Pubs, banks and travel agents closing down is all old (though still sad) news, but I'm surprised to see shoe shops there - that's an area of retail I thought that supermarkets had only dabbled in up to now. And I always thought it not the sort of thing people would by on the internet - I personally wouldn't dream of buying a pair of my Docs without trying them on first.

I have to admit to being very suspicious whenever I see a nail salon opening up. About eight years ago, a small iron mongers in Oxford called Gill's sadly closed down after many years - run by three blokes in brown aprons, you could buy single nails/screws/fuses (try doing that in B&Q), useful off-cuts of wood or tile, and loads of other things. And the place always seemed full of customers. Unfortunately, the rent went up and up beyond what they could afford and they chose to close the shop (though last I heard they still have a shop in Chipping Norton). Instead, the shop is now a nail salon - never any customers in there when I walk past each day. So how the hell do THEY pay the rent?

Another established clothes shop called Oaks moved out of the Oxford Covered Market a couple of years ago and into a much less glamorous location, saying that the rents had gone too high for them. Fair enough, but then their old unit in the market is taken over by a bloke selling a few t-shirts and fridge-magnets to the bleedin' tourists. If an established retailer like Oaks can't afford the rent, how come some sub-standard Arthur Daley selling tat CAN?

I appreciate that shops open and shops close, but I've got a feeling that the playing-field ain't very level between one side of this list and the other.


oxpete
Chelsea Transfer Target


Jun 21, 2018, 5:44 AM

Posts: 4297
Location: Oxford
Team(s): Pompey

Post #152 of 194 (10602 views)
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Re: [PaulC] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
Poundworld goes into administration.


Closing-down sale starts today...

http://www.bbc.co.uk/news/business-44554450

Poundworld has 355 shops and employs 5,100 staff, although the administrators are hopeful that some shops and jobs can be saved.


Tykeoldboy
Chelsea Transfer Target


Jun 21, 2018, 1:44 PM

Posts: 3057
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Post #153 of 194 (10549 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To

In Reply To
Poundworld goes into administration.


Closing-down sale starts today...

http://www.bbc.co.uk/news/business-44554450

Poundworld has 355 shops and employs 5,100 staff, although the administrators are hopeful that some shops and jobs can be saved.

Does this mean everything will be on sale for £1?


KnowYourMarket
Man City Transfer Target!


Jun 22, 2018, 7:47 AM

Posts: 10821
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Team(s): WBA, FC Saarbruecken, Brierley Hill Alliance (RIP)

Post #154 of 194 (10475 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

I buy all of my footwear online, I'm a size 11 and I'm at an age now where I don't need my Mum to take me to get my feet measuredWink

Molders tells me Buncranaboy goes to Shoe Zone, well his wife does....



Last ground visited(update requested by Spud): Wellington . New grounds 18/19: 38

(This post was edited by KnowYourMarket on Jun 22, 2018, 7:49 AM)


Tim
Man City Transfer Target!


Jun 22, 2018, 9:08 AM

Posts: 8049
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Post #155 of 194 (10459 views)
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Re: [KnowYourMarket] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

United Footwear are also very good. No animals are harmed whilst manufacturing their shoes.


jon b
First Team Star

Aug 8, 2018, 9:38 PM

Posts: 2760
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Post #156 of 194 (10034 views)
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Re: [oxpete] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
And it's not looking good for Homebase...

http://www.bbc.co.uk/news/business-44248409

...whose Australian owner, Wesfarmers, has sold the chain for just one pound, just two years after buying it for £340million. (That has got to hurt! Unsure)

The Homebase chain has now been bought by Hilco, who describe themselves at 'restructuring specialists'.


Up to 60 stores in line for the chop

https://www.bbc.co.uk/news/business-45119606


thowdreds
Youth Team Star

Aug 10, 2018, 8:07 AM

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Location: Southampton
Team(s): Accrington Stanley, Blackburn Rovers, BurnleyLeicester City, Halesowen Town

Post #157 of 194 (9967 views)
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Re: [jon b] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

House of Fraser now in administration


007Dale
First Team Star

Aug 10, 2018, 9:07 AM

Posts: 1462
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Post #158 of 194 (9951 views)
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Re: [thowdreds] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
House of Fraser now in administration


Expect Debenhams to follow soon


kirby knitters
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Aug 10, 2018, 10:45 AM

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Post #159 of 194 (9930 views)
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Re: [thowdreds] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
House of Fraser now in administration

And has now been bought by Mike Ashley's Sports Direct for £90m.


JimG
Youth Team Star

Aug 10, 2018, 8:41 PM

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Post #160 of 194 (9868 views)
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Re: [kirby knitters] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Countrywide Estate Agents.

I've not seen any stories of them struggling in the papers yet, but their share price has dropped from £160 last August to £14.08 at close today.

They have over 850 branches and employ 10,000 people.


007Dale
First Team Star

Oct 12, 2018, 10:42 AM

Posts: 1462
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Post #161 of 194 (8788 views)
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Re: [JimG] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Not looking good for Patisserie Valerie as the Finance Director is attested.

Knock-on impact to other stores, such as Debenhams who have PV concessions in their stores.


dottirofhod
Man City Transfer Target!


Oct 12, 2018, 11:05 AM

Posts: 13049
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Team(s): Crewe Alex and obviously England.(Unlike a lot on here)

Post #162 of 194 (8766 views)
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Re: [007Dale] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
Not looking good for Patisserie Valerie as the Finance Director is attested.


===========================i
What ? He's got to do millitary service ?




July 1, 2018 to June 30,2019 = 198 / 163 / 35 (You know my rules) @ 18 /03 /2019.( Only 16 x 0-0's - ( 2 on trot at mo !).


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Bradshaw
Youth Team Star


Oct 13, 2018, 11:44 AM

Posts: 269
Location: Stourbridge
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Post #163 of 194 (8317 views)
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Re: [007Dale] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Was he creaming off the profits?


buncranaboy
Qatar World Cup bid member!


Oct 13, 2018, 11:15 PM

Posts: 17748
Location: South Birmingham
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Post #164 of 194 (8176 views)
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Re: [Bradshaw] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
Was he creaming off the profits?


Probably had his head turned by some tart......


windydcfc
Man City Transfer Target!


Oct 25, 2018, 11:52 AM

Posts: 9843
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Team(s): Derby County FC England Borussia Mönchengladbach

Post #165 of 194 (7611 views)
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Re: [Bradshaw] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Debenhams have made record losses & wants to close 50 stores. The biggest problem is they’re tied into longterm lease contracts on the properties https://www.google.co.uk/...mp/business-45975321


Sale Holmfield
First Team Regular

Oct 25, 2018, 3:48 PM

Posts: 1330
Location: Sale
Team(s): Altrincham, Conwy Borough

Post #166 of 194 (7556 views)
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Re: [windydcfc] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

"Sir" Phillip Green has been named in the House of Lords (so I believe it's safe to repeat it) by Lord Peter Hain as the man who has paid off victims of racial and sexual harrassment to keep quiet. The effect on his retail empire remains to be seen.


Feversham Lens
Chelsea Transfer Target


Oct 25, 2018, 4:04 PM

Posts: 3051
Location: York
Team(s): Not any more

Post #167 of 194 (7541 views)
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Re: [Sale Holmfield] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

GBK to close one in five outlets (heard this on Radio 4 yesterday)...

https://www.theguardian.com/...e-in-five-uk-outlets



For sporting (and other) images, visit https://www.flickr.com/photos/feversham/

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(This post was edited by Feversham Lens on Oct 25, 2018, 4:05 PM)


jon b
First Team Star

Dec 28, 2018, 11:52 AM

Posts: 2760
Location: Dronfield
Team(s): SUFC, SWFC etc

Post #168 of 194 (2656 views)
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Re: [Feversham Lens] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

HMV

If you have a gift card for the above or anything to return to them, the word is to act now. The BBC are saying that HMV are expected to enter administration again very shortly.


buncranaboy
Qatar World Cup bid member!


Jan 2, 2019, 6:14 PM

Posts: 17748
Location: South Birmingham
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Post #169 of 194 (1931 views)
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Re: [jon b] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

The northern menswear chain Greenwoods has gone into administration.

Coincidence? I think not!


Climate Change
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Jan 2, 2019, 8:21 PM

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Post #170 of 194 (1882 views)
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Re: [buncranaboy] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
The northern menswear chain Greenwoods has gone into administration.

Coincidence? I think not!------------------------------------------------------------------------------------


Bullied into it.................




I don't need Google. I have a Hoddy.


scottywalds
First Team Star


Jan 2, 2019, 9:18 PM

Posts: 2155
Location: Boston
Team(s): Boston United

Post #171 of 194 (1861 views)
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Re: [buncranaboy] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
The northern menswear chain Greenwoods has gone into administration.

Coincidence? I think not!


At the Peterborough store there has always seemed to be a sale on..


jon b
First Team Star

Jan 15, 2019, 5:16 PM

Posts: 2760
Location: Dronfield
Team(s): SUFC, SWFC etc

Post #172 of 194 (856 views)
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Re: [scottywalds] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

M&S name 17 more stores it intends to close.

https://www.bbc.co.uk/news/business-46876749


Tykeoldboy
Chelsea Transfer Target


Jan 15, 2019, 8:10 PM

Posts: 3057
Location:
Team(s): Doncaster Rovers, Everton, Mablethorpe

Post #173 of 194 (834 views)
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Re: [jon b] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To
M&S name 17 more stores it intends to close.

https://www.bbc.co.uk/news/business-46876749


is it just me or is there a feel of 1981 & 1982 in the air? For those under 35, this was a time when the national news would report job losses on a daily basis, unemployment rose to over 3 million (unofficially it was more like over 4 million) and UK town centres were ghost towns. It might not be as bad today (yet) as it was back then but the UK does appear to be heading in that direction.


Tykeoldboy
Chelsea Transfer Target


Jan 22, 2019, 5:52 PM

Posts: 3057
Location:
Team(s): Doncaster Rovers, Everton, Mablethorpe

Post #174 of 194 (519 views)
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Re: [Tykeoldboy] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately

Cafe chain Patisserie Valerie as gone stale, well into administration, The company employs around 2500 people. I have to say I haven't heard of this company.


007Dale
First Team Star

Jan 22, 2019, 6:09 PM

Posts: 1462
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Team(s): St Albans City, Leicester City

Post #175 of 194 (509 views)
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Re: [Tykeoldboy] Who will be the next high street chain to bite the bullet? [In reply to] Can't Post or Reply Privately


In Reply To

In Reply To
M&S name 17 more stores it intends to close.

https://www.bbc.co.uk/news/business-46876749


is it just me or is there a feel of 1981 & 1982 in the air? For those under 35, this was a time when the national news would report job losses on a daily basis, unemployment rose to over 3 million (unofficially it was more like over 4 million) and UK town centres were ghost towns. It might not be as bad today (yet) as it was back then but the UK does appear to be heading in that direction.


However, more people are employed in the country than ever before according to stats release today.

I think though, linked to your eighties comment, you could draw a parallel with the closure of pits. An outdated industry that has gone past its peak. Simply put, more and more people are shopping online and putting high street retailers out of business.

I would also add, that like the pits, the Government has contributed to this retail decline;
1. Insufficient taxation of online retailers
2. High business rates
3. National living wage and pension increases are hitting retailers particularly hard.

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