xux42 Posted January 5, 2011 Share Posted January 5, 2011 So traditionally on HPC we have accused the retailers of crying wolf - cautious before Christmas and exultant in Jan. over 'record' turnover/profits. Which seemed to annoy most on here. This year some are announcing dreadful figures for Dec. So is joy unconfined on here now this cycle has finally broken and some (more) retailers have been cruelly exposed to be on their uppers? NB I know little about retailing, just curious. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 5, 2011 Share Posted January 5, 2011 It was the snow's fault. Nothing to do with the state of the economy. Quote Link to comment Share on other sites More sharing options...
SarahBell Posted January 5, 2011 Share Posted January 5, 2011 Next made losses of 21M? I think only that much cos they bought less. Overpriced sh*t imo. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 5, 2011 Share Posted January 5, 2011 Next made losses of 21M? I think only that much cos they bought less. Overpriced sh*t imo. Next says snow cost it £22m in lost sales No it was due to the snow. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted January 5, 2011 Share Posted January 5, 2011 HMV Business was hit by the severe weather and "challenging trading conditions".Like-for-like sales for the crucial five weeks to 1 January were down 10.2% on last year, due to a 13.6% slump at its HMV music stores in the UK and Irish Republic. Here it's the snow and Ireland's fault. Quote Link to comment Share on other sites More sharing options...
mitchbux Posted January 5, 2011 Share Posted January 5, 2011 Next made losses of 21M? I think only that much cos they bought less. Overpriced sh*t imo. +1 Prices up, quality down, kids clothes over the age of 5 mostly 'Mini ASBO'd chav' and 'Mini Hooker'... My brother got me a voucher for my birthday in July. I've still got most of it, and what I did spend went on getting my OH some socks. Quote Link to comment Share on other sites More sharing options...
Doctor Gloom Posted January 5, 2011 Share Posted January 5, 2011 I've had a £20 Argos voucher for two years now, it runs out soon. The reason why I still have it is because it costs me £5 to get there and back, and the item I want is £20 cheaper on Amazon anyway. Why pay more. Quote Link to comment Share on other sites More sharing options...
Gone baby gone Posted January 5, 2011 Share Posted January 5, 2011 Next says snow cost it £22m in lost sales No it was due to the snow. Profits "still on target" though Next were good in the 90s and have been on the decline ever since. Their stuff is expensive to buy, cheaply made and chavvy in the extreme. Quote Link to comment Share on other sites More sharing options...
winkie Posted January 5, 2011 Share Posted January 5, 2011 Profits "still on target" though Next were good in the 90s and have been on the decline ever since. Their stuff is expensive to buy, cheaply made and chavvy in the extreme. NEXT. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 5, 2011 Share Posted January 5, 2011 Has anyone thought anything other than come Jan the retailers are in for a big shock ? It's like the new cars sales...they are dropping off a cliff...they brought forward all the new car purchases by offering discounts ( using our money ). The VAT rise will have brought forward many purchases and the retails will see a marked drop in sales. I for one refuse to buy anything I consider a luxury, for the forseeable. Quote Link to comment Share on other sites More sharing options...
Si1 Posted January 5, 2011 Share Posted January 5, 2011 It's like the new cars sales...they are dropping off a cliff... have you got a link to that re: new car sales? cheers Quote Link to comment Share on other sites More sharing options...
PopGun Posted January 5, 2011 Share Posted January 5, 2011 +1 Prices up, quality down, kids clothes over the age of 5 mostly 'Mini ASBO'd chav' and 'Mini Hooker'... My brother got me a voucher for my birthday in July. I've still got most of it, and what I did spend went on getting my OH some socks. Absolutely. There was a time when you'd be spoilt for choice every new season at Next. Now it's the same mass produced c4ck that gets reeled out every quarter. You can still pick up the odd quality peice now and again, if you're lucky. after shopping with the OH, imho women's fashion and clothing has been dire for years now. You're restricted to five looks: 1. Slut (so long as you've got the legs) 2. Jelly Fish 3. Pirate 4. Lumberjack/Hill Billy 5. Gypsy. I blame Gok Wan. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted January 5, 2011 Share Posted January 5, 2011 Average pay rise for FTSE bosses in 2009 was 55%. http://www.guardian.co.uk/business/2010/oct/29/ftse-boardroom-pay-soars Their greed can only lead to price increases. The size of the market that can afford or will pay those increasingly higher prices must be diminishing. Next step is to cut costs i.e jobs to try maintain profit margins. Then there will be even less people buying. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted January 5, 2011 Share Posted January 5, 2011 lets have a poll. Who didnt get all the Christmas presents they wanted to buy for someone else, or didnt receive as the person was delayed getting it due to the weather? how many christmas trees were replete with presents christmas morning? Quote Link to comment Share on other sites More sharing options...
payback period Posted January 5, 2011 Share Posted January 5, 2011 I've had a £20 Argos voucher for two years now, it runs out soon. Better ebay it quickly then Quote Link to comment Share on other sites More sharing options...
Gone baby gone Posted January 5, 2011 Share Posted January 5, 2011 Absolutely. There was a time when you'd be spoilt for choice every new season at Next. Now it's the same mass produced c4ck that gets reeled out every quarter. You can still pick up the odd quality peice now and again, if you're lucky. after shopping with the OH, imho women's fashion and clothing has been dire for years now. You're restricted to five looks: 1. Slut (so long as you've got the legs) 2. Jelly Fish 3. Pirate 4. Lumberjack/Hill Billy 5. Gypsy. I blame Gok Wan. I'll have you know that I've been sporting the pirate look long before NEXT and Gok Wan tried to popularise it. Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted January 5, 2011 Share Posted January 5, 2011 Absolutely. There was a time when you'd be spoilt for choice every new season at Next. Now it's the same mass produced c4ck that gets reeled out every quarter. You can still pick up the odd quality peice now and again, if you're lucky. after shopping with the OH, imho women's fashion and clothing has been dire for years now. You're restricted to five looks: 1. Slut (so long as you've got the legs) 2. Jelly Fish 3. Pirate 4. Lumberjack/Hill Billy 5. Gypsy. I blame Gok Wan. Excellent post but those 5 "styles" need pictures before it could be considered a 2-page colour spread in the Mail Quote Link to comment Share on other sites More sharing options...
SarahBell Posted January 5, 2011 Share Posted January 5, 2011 You're restricted to five looks: 1. Slut (so long as you've got the legs) 2. Jelly Fish 3. Pirate 4. Lumberjack/Hill Billy 5. Gypsy. I blame Gok Wan. wtf is a jelly fish look? Quote Link to comment Share on other sites More sharing options...
General Melchett Posted January 5, 2011 Share Posted January 5, 2011 wtf is a jelly fish look? You had to ask....... For the record, I'm increasingly unimpressed by the offerings of the clothes shops. Compared to other retail sectors, where what you can buy now is generally nicer that what you could have bought say 5 years ago, they really have completely lost it. Our Christmas tree was bit barer than normal, but more because of not travelling to exchange presents with family than not buying. Like many, we probably bought more on the high street and less on the web than we had planned precisely BECAUSE of the snow. And the only luxury i want to buy now I cant because the (only shop in Europe) isnt restocking for a bit..... Wonder why? Quote Link to comment Share on other sites More sharing options...
neon tetra Posted January 5, 2011 Share Posted January 5, 2011 [quote name='PopGun' timestamp='1294230626' I blame Gok Wan. Gok Wan = Go W@nk... Quote Link to comment Share on other sites More sharing options...
headrow Posted January 5, 2011 Share Posted January 5, 2011 So traditionally on HPC we have accused the retailers of crying wolf - cautious before Christmas and exultant in Jan. over 'record' turnover/profits. Which seemed to annoy most on here. This year some are announcing dreadful figures for Dec. So is joy unconfined on here now this cycle has finally broken and some (more) retailers have been cruelly exposed to be on their uppers? NB I know little about retailing, just curious. Only on here could you you witness people cheering shops going bust and more working class people out of work. Sad , very sad people. Quote Link to comment Share on other sites More sharing options...
Superted187 Posted January 5, 2011 Share Posted January 5, 2011 It looks like this is another internet vs retail story. I've been out of sorts with clothes on the high street for years as well. I buy most of my clothes online and have even risked buying trousers and jeans online recently. There are loads of sites, asos, littlewoods, etc. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted January 5, 2011 Share Posted January 5, 2011 Only on here could you you witness people cheering shops going bust and more working class people out of work. Sad , very sad people. its the middle class wipeout actually...squeezed margins means their investments are not paying off....yet their lending costs and rents, rates etc have all increased. The joy expressed is not one of pleasure, but one of releif from the constant BS from the MSM Quote Link to comment Share on other sites More sharing options...
dryrot Posted January 5, 2011 Share Posted January 5, 2011 I've had a £20 Argos voucher for two years now, it runs out soon. The reason why I still have it is because it costs me £5 to get there and back, and the item I want is £20 cheaper on Amazon anyway. Why pay more. I'll send you an SAE? Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted January 5, 2011 Share Posted January 5, 2011 Next say their sales are down £22m due to "snow" http://www.independent.co.uk/news/business/news/fashion-chain-next-say-snow-cost-22m-sales-2176467.html In April it was reported the Next CEO's salary had doubled after he received a £1m bonus http://www.telegraph.co.uk/finance/newsbysector/epic/nxt/7599071/Next-boss-Wolfsons-pay-almost-doubles-after-1m-bonus.html I can't help think that the FTSE salary excesses are leading to price increases and hopefully people are starting to refuse to feed them. Quote Link to comment Share on other sites More sharing options...
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