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Blacks Leisure To Close 89 Stores

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http://uk.biz.yahoo.com/30092009/325/black...-89-stores.html

Wednesday September 30, 08:50 AM

Blacks Leisure to close 89 stores

LONDON (Reuters) - Outdoor goods retailer Blacks Leisure plans to close 89 loss-making stores and axe about 50 head-office jobs, it said on Wednesday, as part of a recovery plan it hopes will win the support of its banks.

More green shoots wither. Looking more and more like a recovereyless recovery.

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http://uk.biz.yahoo.com/30092009/325/black...-89-stores.html

Wednesday September 30, 08:50 AM

Blacks Leisure to close 89 stores

LONDON (Reuters) - Outdoor goods retailer Blacks Leisure plans to close 89 loss-making stores and axe about 50 head-office jobs, it said on Wednesday, as part of a recovery plan it hopes will win the support of its banks.

More green shoots wither. Looking more and more like a recovereyless recovery.

Just when it looks like folk need tents and have more "leisure" time on their hands too.

We need a tent scrappage scheme or free tents for people in mortgage arrears.

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Just when it looks like folk need tents and have more "leisure" time on their hands too.

We need a tent scrappage scheme or free tents for people in mortgage arrears.

What we really need is another dodgy foreign war. Think of all the hillwalking that usually goes on in the run up...

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What we really need is another dodgy foreign war. Think of all the hillwalking that usually goes on in the run up...

Yes. And having the soldiers buy their own equipment was a lost marketing opportunity for Blacks. They should have been coining it the last 10 years

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Originally called "Blacks of Greenock" , I believe. A family run Scottish business who made tents and equipment and pretty good it was too. Then came the 80s and expansion. Family sold out.

To be honest, I thought it had gone bust years ago.

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Blacks Leisure ? WTF. How un PC. Sounds like an afro outlet. How on earth did they get away with that name for so long ? Disgraceful.

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The fact the last 3 summers have been absolutely shite for weather won't have helped their sales.

Blacks and Millets are high-street brands that attract casual campers

The hard-core types will usually only buy their stuff from an obscure independent shop in Keswick or Oban or somewhere, in the manner that hobby obsessives typically get about their equipment.

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These businesses are dependent on a good Summer flogging tents and stoves and such-like - so much for the staycations we were all supposed to be having.

Frankly, looking around now, I honestly cannot see where to hop in terms of employment. The banks are firing, on here this week alone I have read architects and accountants posting about no work, IT projects are being cut, outsourced and I gather the IT market is dead... with more public Sector IT projects to be cancelled come the next election... and the idea of setting up any white van man business now, with potentially more unemployment coming, is too much a risk as you may well have no customers.

That just leaves the public sector but how long before it too faces serious cuts?

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The fact the last 3 summers have been absolutely shite for weather won't have helped their sales.

Blacks and Millets are high-street brands that attract casual campers

The hard-core types will usually only buy their stuff from an obscure independent shop in Keswick or Oban or somewhere, in the manner that hobby obsessives typically get about their equipment.

I suppose its good news for Millets and Trespass though. My local high street has all three shops within yards of each other. All three are usually empty.

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Its high street retail , it was doomed to fail , ie high rents which is reflected in the higher cost of stuff....

Many people I know just go there to look and order online which has lower overheads and thus lower costs or higher margins.

And the problem is they sell junk , cripes if I took their camping equipment to Siberia I would have died, since they did not sell any of the 4 season mountain gear I wanted (and needed) , in Siberia sometimes 1000mm hydrostatic head isn't enough!.

The problem though with selling good quality gear is that good quality gear lasts for a VERY long time and thus you don't need to replace it hence no sales.

Tiff's tent cost her £190 in 1996 and it is still usable, while my £30 tent taken to Spain inm 2008 fell to bits so I bought a proper one that survived siberia easily , its a burger to put up though as its not self standing.

Edited by kennichi

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Its high street retail , it was doomed to fail , ie high rents which is reflected in the higher cost of stuff....

Many people I know just go there to look and order online which has lower overheads and thus lower costs or higher margins.

And the problem is they sell junk , cripes if I took their camping equipment to Siberia I would have died, since they did not sell any of the 4 season mountain gear I wanted (and needed) , in Siberia sometimes 1000mm hydrostatic head isn't enough!.

The problem though with selling good quality gear is that good quality gear lasts for a VERY long time and thus you don't need to replace it hence no sales.

Tiff's tent cost her ?190 in 1996 and it is still usable, while my ?30 tent taken to Spain inm 2008 fell to bits so I bought a proper one that survived siberia easily , its a burger to put up though as its not self standing.

Too true but this is not the market they were in.

What the uk will need in the future is equipment for sleeping under bridges or in cardboard boxes on the Embankment.

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I suppose its good news for Millets and Trespass though. My local high street has all three shops within yards of each other. All three are usually empty.

Blacks and Millets are one and the same. Freespirit and O'Neill's are part of the same group too.

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Blacks and Millets are one and the same. Freespirit and O'Neill's are part of the same group too.

They closed a bunch of O'Neil shops last week. Friend got a nice Summer wetsuit cheap. Wish I had bought the same one now but then we would have looked a pair of queers prancing up and down the beach... which we do anyhow...

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i caught cnbc this morning. One of the guests reckon the pace of job cuts is easing, and we could see companies looking to create jobs by next spring.

this recovereh is not predicated on major consumer spending rebound it appears. Not when the govt. is spending and borrowing like nobody's business.

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Its high street retail , it was doomed to fail , ie high rents which is reflected in the higher cost of stuff....

Many people I know just go there to look and order online which has lower overheads and thus lower costs or higher margins.

And the problem is they sell junk , cripes if I took their camping equipment to Siberia I would have died, since they did not sell any of the 4 season mountain gear I wanted (and needed) , in Siberia sometimes 1000mm hydrostatic head isn't enough!.

The problem though with selling good quality gear is that good quality gear lasts for a VERY long time and thus you don't need to replace it hence no sales.

Tiff's tent cost her �190 in 1996 and it is still usable, while my �30 tent taken to Spain inm 2008 fell to bits so I bought a proper one that survived siberia easily , its a burger to put up though as its not self standing.

I agree with your analysis - shoppers who are cost-driven and have knowledge of the consumer category that they are purchasing from are using the high street to browse and then simply return home and order said item(s) online. Specialist stores, e.g Jessops for photography equipment, cannot compete as they simply have higher costs.

Musical instrument shops probably face the same problems too. I expect many people just use them to try out instruments and then return home to buy the product as cheap as possible. Why wouldn't they? Need a new flatscreen TV - go to town for advice return home and purchase online. Simples.

Here's a recent example: I recently ordered an electronic cable sourcing it for £4 including delivery from Hong Kong as opposed to paying approx. £10 to £20 here. I did not event attempt to go into town as this would have taken me time and travel costs - and they might not have had the item either. Unless time is an issue and you need items that day you are probably going to find it cheaper online.

I doubt the bank manager would be too keen to lend to anyone trying to start up a retail company in the UK these days.

Edited by crashologist

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i caught cnbc this morning. One of the guests reckon the pace of job cuts is easing, and we could see companies looking to create jobs by next spring.

this recovereh is not predicated on major consumer spending rebound it appears. Not when the govt. is spending and borrowing like nobody's business.

CNBC? You mean companies creating jobs in the US not the UK?

Surely all we will have next year is a bloodbath of job cuts.

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Guest Dizzy Rash Call
http://uk.biz.yahoo.com/30092009/325/black...-89-stores.html

Wednesday September 30, 08:50 AM

Blacks Leisure to close 89 stores

LONDON (Reuters) - Outdoor goods retailer Blacks Leisure plans to close 89 loss-making stores and axe about 50 head-office jobs, it said on Wednesday, as part of a recovery plan it hopes will win the support of its banks.

More green shoots wither. Looking more and more like a recovereyless recovery.

I like the shops, I've bought a couple of things from them, they have good sales on good quality outdoor gear.

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Here's a statement from their website:

http://www.blacksleisure.co.uk/News/RNS_An...mp;rid=10211489

"The vast majority of the stores to be closed have not traded profitably for many years. "

And details of their operating structure:

http://www.blacksleisure.co.uk/Corporate_I...ault.aspx?id=13

reveal that:

"The heritage of Blacks can be traced back to 1861 when Thomas Black founded his sail making company in Greenock, Scotland. "

Now in 2009:

"The Group purchases goods for resale from suppliers based in the UK and direct from manufacturers around the world. The Group endeavours to ensure that the suppliers of our goods provide reasonable working standards for their employees and do not contravene theemployment laws of their country."

Do they still employ anyone in Scotland to make tents? Do they really care about their staff?

Edited by crashologist

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