The Retail Apocalypse (Incorporating Casual Dining Closures)

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gaminglegend
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by gaminglegend » Tue Jul 28, 2020 11:39 pm

Lex-Man wrote:
gaminglegend wrote:Guardians reporting a last ditch attempt to prevent liquidation of Debenhams via a sale at the moment.

Whilst I think there’s a business there, I’m not sure if anyone would come in that’s not a fund or.. Mike Ashley. But Ashley would pretty much be the end of the company as we know it I guess - and unsure if the competition watchdog would allow that.


Debenhams is competition for House of Fraiser and John Lewis at this point I would think it would be better to let Debenhams because it might stay the collapse of the other two by providing more customers.


Got to say ever since Ashley took over Fraser it’s a dump. I’d rather they made an effort to keep Debenhams.

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floydfreak
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by floydfreak » Wed Jul 29, 2020 12:41 am

gaminglegend wrote:
Lex-Man wrote:
gaminglegend wrote:Guardians reporting a last ditch attempt to prevent liquidation of Debenhams via a sale at the moment.

Whilst I think there’s a business there, I’m not sure if anyone would come in that’s not a fund or.. Mike Ashley. But Ashley would pretty much be the end of the company as we know it I guess - and unsure if the competition watchdog would allow that.


Debenhams is competition for House of Fraiser and John Lewis at this point I would think it would be better to let Debenhams because it might stay the collapse of the other two by providing more customers.


Got to say ever since Ashley took over Fraser it’s a dump. I’d rather they made an effort to keep Debenhams.


do you get live long and prosper wall deco things in Fraser now next too the Sports direct mugs and cutlery? :slol:

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Moggy
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Moggy » Wed Jul 29, 2020 6:19 pm

Lex-Man wrote:I don't think I've ever been in a house of Fraser.


I did once but for the life of me can't remember why.

I used to love Debenhams in Bristol. It was a great shortcut from the bus station to Broadmead.

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PuppetBoy
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by PuppetBoy » Wed Jul 29, 2020 7:05 pm

My mum used to be a store manager at a House of Fraser, worked for them for decades before retiring a few years ago. They let her keep the staff discount into her retirement which was nice, I've had her buy me a few things using that over the years. :shifty:

Obviously it was binned as soon as Ashley walked through the door.

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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by KK » Tue Aug 04, 2020 9:40 am

PizzaExpress has said it could close around 67 of its UK restaurants, putting up to 1,100 jobs at risk.

The chain blamed the move on the "significantly more challenging environment" caused by the coronavirus pandemic.

Bosses say reducing the size of the business will help protect the majority of staff

I had a Domino’s last night. Part of the problem.

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Tomous
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Tomous » Tue Aug 04, 2020 9:46 am

Any word on how the Woking store is doing?

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Lex-Man
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Lex-Man » Tue Aug 04, 2020 10:31 am

Tomous wrote:Any word on how the Woking store is doing?


Surely it must be a tourist hot spot. Great for royal watching.

Amusement under late capitalism is the prolongation of work.
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Moggy
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Moggy » Tue Aug 04, 2020 6:55 pm

Lex-Man wrote:
Tomous wrote:Any word on how the Woking store is doing?


Surely it must be a tourist hot spot. Great for royal watching.


That's the one with the amazing air conditioning?

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Lex-Man
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Lex-Man » Tue Aug 04, 2020 7:42 pm

Moggy wrote:
Lex-Man wrote:
Tomous wrote:Any word on how the Woking store is doing?


Surely it must be a tourist hot spot. Great for royal watching.


That's the one with the amazing air conditioning?


You never sweat in Woking pizza express.

Amusement under late capitalism is the prolongation of work.
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Moggy
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Moggy » Tue Aug 04, 2020 7:45 pm

Lex-Man wrote:
Moggy wrote:
Lex-Man wrote:
Tomous wrote:Any word on how the Woking store is doing?


Surely it must be a tourist hot spot. Great for royal watching.


That's the one with the amazing air conditioning?


You never sweat in Woking pizza express.


Certainly not at 4pm on 10 March 2011.

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Lex-Man
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Lex-Man » Wed Aug 05, 2020 12:20 am

https://www.theguardian.com/business/20 ... t-airlines

Virgin atlantic has been brought back to earth by bankruptcy.

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gaminglegend
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by gaminglegend » Wed Aug 05, 2020 12:52 am

Lex-Man wrote:https://www.theguardian.com/business/2020/aug/04/virgin-atlantic-files-for-bankruptcy-as-covid-continues-to-hurt-airlines

Virgin atlantic has been brought back to earth by bankruptcy.


This isn’t as bad as it sounds though is it? They’ve restructured & such to be able to continue - this is more about protecting the company from debtors and such

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floydfreak
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by floydfreak » Wed Aug 05, 2020 1:36 am

Pizza Express to close 67 outlets.

Nothing to do with Corona, just worried about Prince Andrew using them as alibis.

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gaminglegend
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by gaminglegend » Wed Aug 05, 2020 11:00 am

William Hill closing 100+ stores.

Rather promisingly all but 30 of the staff have been relocated which is good.

Personally reducing the number of these stores to me is a good thing, but then gain it’s further empty units and shop fronts..

Check out the GRCADE Beer Money Thread - Free shares & Bank Switch Offers £££! :msgreen:
https://grcade.co.uk/t:the-making-beer-money-thread
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Lex-Man
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Lex-Man » Wed Aug 05, 2020 11:14 am

gaminglegend wrote:William Hill closing 100+ stores.

Rather promisingly all but 30 of the staff have been relocated which is good.

Personally reducing the number of these stores to me is a good thing, but then gain it’s further empty units and shop fronts..


It's probably more to do with limits on fixed odds betting machines than Covid.

Amusement under late capitalism is the prolongation of work.
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Victor Mildew
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Victor Mildew » Wed Aug 05, 2020 11:22 am

William Hill closing, what are the odds of that?

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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Trelliz » Wed Aug 05, 2020 11:34 am

Victor Mildew wrote:William Hill closing, what are the odds of that?


When the profits from operating disproportionately in lower income areas and preying on poorer people stops, stop.

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KK
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by KK » Wed Aug 05, 2020 12:13 pm

BBC News wrote:WH Smith is considering cutting 1,500 jobs - 11% of its workforce - after lockdown caused sales to plummet.

A trading update said it expected to make losses of between £70-75m.

The company said it had been a very difficult decision. It said it was committed to supporting colleagues throughout the process and ensuring it was conducted fairly.

The newsagent is the latest High Street name to consider radical action amid the chaos caused by the coronavirus.

The company, which has 612 High Street shops and employs more than 14,000, saw revenue at its worst-hit divisions, those at airports and rail stations, fall by 92% in the first month of lockdown.

Its best performing division, the High Street, was still 25% down on last year in July after lockdown eased.

https://www.bbc.co.uk/news/business-53661767

I still use WHSmith a lot, though mainly because it's where the Post Office concession is now situated. Wouldn't buy stationary in there in a million years. Casio Calculator that looks like it's from 1999 - only £59.99!

Plus, every time you get to the cashier:

"Do you want a Terry's chocolate orange for 99p?"
"Mate, it's August and it's 100 degrees outside"

One of these days I'm going to buy that Terry's chocolate orange out of pity.

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Red
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Red » Wed Aug 05, 2020 12:20 pm

I don't understand how Smiths keep going at all. The stores are always really grim and oppressive too.

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Lex-Man
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PostRe: The Retail Apocalypse (Incorporating Casual Dining Closures)
by Lex-Man » Wed Aug 05, 2020 12:21 pm

KK wrote:
BBC News wrote:WH Smith is considering cutting 1,500 jobs - 11% of its workforce - after lockdown caused sales to plummet.

A trading update said it expected to make losses of between £70-75m.

The company said it had been a very difficult decision. It said it was committed to supporting colleagues throughout the process and ensuring it was conducted fairly.

The newsagent is the latest High Street name to consider radical action amid the chaos caused by the coronavirus.

The company, which has 612 High Street shops and employs more than 14,000, saw revenue at its worst-hit divisions, those at airports and rail stations, fall by 92% in the first month of lockdown.

Its best performing division, the High Street, was still 25% down on last year in July after lockdown eased.

https://www.bbc.co.uk/news/business-53661767

I still use WHSmith a lot, though mainly because it's where the Post Office concession is now situated. Wouldn't buy stationary in there in a million years. Casio Calculator that looks like it's from 1999 - only £59.99!

Plus, every time you get to the cashier:

"Do you want a Terry's chocolate orange for 99p?"
"Mate, it's August and it's 100 degrees outside"

One of these days I'm going to buy that Terry's chocolate orange out of pity.


That's how they get you.

Amusement under late capitalism is the prolongation of work.

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