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Some Retailers Really Struggling Now

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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.

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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.

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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.

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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.

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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. ;)

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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.

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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

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+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.

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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.

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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?

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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.

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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

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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?

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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?

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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.

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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.

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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

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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? :)

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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.

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  • 309 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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      • Even
      • up 2.5%
      • up 5%



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