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Everything posted by SNACR

  1. I can put ebay selling in a nutshell though. Basically, if you're the cheapest on there for a product there's demand for you'll sell stuff. If you're a penny dearer you won't. What's really behind most of the issues is that. from what I can see, the majority of sellers buy the same products from the same small pool of suppliers and ship it by the same carriers. None of them have any real way they add value or can genuinely deliver it to customers. You can potentially sell 10,000 units of a product on ebay, that there's currently demand for. However, that's chicken feed relative to what a national retail chain can shift on a similar deal. This sort of calls into question the 'everything's gone to the internet' meme as, I think I'm right in saying, ebay is the most visited ecommerce site in the UK and the sort of maximum sales you can do on there, effectively selling to the whole country, aren't all that. You can certainly do more off your own website but it's a less reliable yardstick as realistically you're bastardising instore sales most likely.
  2. I once put 500,000 carrier bags in landfill because the design printed on them had come out slightly wrong. I always enjoy telling witless morons that keep a folded up bag for life in their pockets about this.
  3. Actually, I think they are driving parcels business to competitors to collapse volumes which makes the argument easier to cut staff. Essentially they will need to reduce the headcount and weed out the many dossers to get to a point where they can compete against the much more efficient private sector operators and then the new private owners can slash prices and win all the business back - which will eagerly flood back as the private operators will have been unable to cope. Driving the small volume parcel senders to Collect plus and other online offerings will also ease the closure (and the onerous obligation to collect from them) of a lot of unviable small post offices. That would be my strategy for getting shot of unwanted staff and small post offices with the least fuss, in any case. Royal Mail is one of those things, like forestry commission woods and public libraries, that the sheeple get their knicker's in a twist with brave new future world anxiety. Vast sums of (amusingly) their own money/taxes will be squandered appeasing them and, in the same way in future they aren't busy walking in woods and taking books out of libraries they also won't be wanting to send a birthday card to John O'Groats for a fixed price. Unfortunately, billions of pounds will be wasted in the meantime and new opportunities for the e-commerce economy will be missed also.
  4. I think that's the risk, that essentially, zombie SMEs get replaced with too big to fail multi-national corporates. On a related note, I know the prevailing view on here will be the recovery is a media pumped fantasy but, I have to report from the coal-face, that retail sales are mind-blowingly strong at the moment.
  5. Banks will stretch forbearance to the absolute limit before repossessing commercial property. They can mitigate ongoing costs relating to the property by appointing a fixed charge receiver but even so all the evidence points to them wanting to do anything but repossess. Interesting things going on in commercial property. Heard a tale the other week of how landlords are getting into dutch auctions for internet retail tenants. Some online retail companies even put their stock into the premises on shelving that's effectively a giant trolley and take dirt cheap, or zero cost, short-term deals and then wheel it all into the back of a truck and move on the next cheapest place. The property guy I was hearing this from was bemoaning the lack of engineering companies that used to have skilled staff locally and would be a safe assumption they'd be unlikely to move on. bless him.
  6. 1000sqft on a decent footfall pitch in a city centre has always probably been around £100k pa rent. In comparison same in a decent provincial market town would probably be £40-60k pa. Good secondary locations, of the same, would generally be available sub £40k pa. In my business the rule of thumb would be to look for 10 x the annual rent in turnover. Pawn brokers *might* be doable at £65k pa as it's effectively a money lender more than a physical goods shifter. A lot of shops are getting towards worthless for anyone but solicitors or dentists' offices in locations where they can derive some benefit from the advertising effect to passing traffic.
  7. Oh dear, I come out ENTP. It said INTJ are the best dating match.
  8. Inevitable when the company involved is such a rich seam.
  9. Not a million miles away. Joint venture between Woolies and Staples US, with half-ownership each originally. Staples bought out Woolies stake to take full control. This occurred, as you say, when Kingfisher was broken up.
  10. Some f**kwit in the comments on that 2nd link advocates stopping people selling internationally on sites like ebay. That'll be great for the trade deficit.
  11. I do most of my food shopping at Waitrose and M&S shops in motorway service stations. I don't know if this is well-off decadence or if it means I'm Alan Partridge. There seems to be a weird reversion where previously the template was to build ever bigger, 50,000sqft+ out of town supermarkets so people can get everything under one roof including non-food and clothing. Partly they seem to have got so big and be so far out of town that no-one can be arsed anymore when faced with visiting one and also chances are a lot of people are ordering their printer cartridges and buying their electrical goods online so the vast non-food sections, they all built massive extensions to accommodate, no longer hold any allure and people have gone back to visiting smaller food only shops.
  12. I visit these places on a regular-ish cycle albeit over six months or a year. Last few visits these premises have been consistently empty or rundown. All of a sudden they're all coming back to life, I think it's probably more noticeable to me than someone who lives there or visits more regularly. Without upsetting anyone that lives there these are/were quite noticeably grotty areas and suddenly they look less so. There also seems to have been a lot of activity with drive-in small supermarkets opening also, like Sainsburys local, in/on commercial property that had fallen out of use.
  13. Something weird has been going on in the, sort of real economy, I've noticed it as I travel round the country. Been in the Coventry/Bedworth/Nuneaton/Hinckley areas today for the first time in probably about a year perhaps a bit more. All of a sudden garages, pubs and car dealer premises that were boarded up, getting close to dereliction, have either sprung or are springing back into life - often with lavish refurbs. I can only assume the bank credit/lending taps have been turned on but, I can't see how it will last as if there wasn't business for the pub before I don't see how there is now. These are areas that are in a cycle of, pretty much, continual shedding of jobs from manufacturing industries.
  14. I can't locate it now on a google but, I've read a, sort of future market trends type, report for a German car manufacturer where they discuss the need to spec cars with more robust suspension for new markets where infrastructure is underdeveloped and also declining first world economies where infrastructure is decaying such as Great Britain - which I though was a fascinating insight into how other countries are perceiving this one and planning for the future. all a bit embarrassing really.
  15. I think if she sorted out her eyebrow pencilling she'd look a bit less shocked TBH - and be a possible 7-8/10
  16. I never really get the 'they never even told us it was going bust' from the staff - why the hell would anyone sane do that? Things like taking the cars back. Again, WTF? There's no money left, not even for a taxi ride home, and what are they expecting a cuddle off the administrators before they go as well?
  17. I like his consumer affairs work. Usually along the lines that someone buys some cheap speakers, they think are stolen, from a bloke in a van. It later turns out they aren't stolen at all and are, in fact, just cheap speakers. Apparently we need a former used car salesman, on British state television, to ensure that when the public does buy stuff off blokes in vans, parked at motorway service stations, it is actually stolen.............or something like that. Edit to add: Didn't he pop up on here once, or have I dreamt that?
  18. Hasn't this just been stolen from conspiraloon's ideas of how the US military travels between its network of secret underground bases?
  19. Retire? Retire from what, there's no jobs for 'em in the first place.
  20. I can imagine he'd have been in there every weekend wiping old folk's bums himself. Pretty much everyone I've ever met that's been in the retirement home business in a big way has been a spiv or get rich quick merchant.
  21. Think of it this way. Every over-valued house in Britain harbours the death of young people's aspiration to a normal adult family life. So not so bad really.
  22. Secure jobs for life with adequate pension are an anomaly of the post war era. Unfortunately people think this can be rectified by state mandate. Successive governments have made it difficult and expensive to lay off employees if the requirement for them diminishes. Unsurprisingly, this hasn't led to the jobs for life nirvana envisaged but an environment where firms don't want to hire anyone.
  23. Anyone that ever says 'I've got nothing to hide' should immediately have all their possessions confiscated and only returned if they can prove they're theirs. 'I've got nothing to hide' is the refrain of the short-sighted idiot ignorant of history.
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