Caligari Posted September 27, 2005 Share Posted September 27, 2005 Administration administration administraion! http://news.bbc.co.uk/1/hi/business/4286856.stm there's a new one every day now!!! Quote Link to comment Share on other sites More sharing options...
CrashCrash Posted September 27, 2005 Share Posted September 27, 2005 "About 1,700 jobs are on the line " bring it on, if that is what it takes. dont care. Quote Link to comment Share on other sites More sharing options...
Grime- skint wouldbe ftb Posted September 27, 2005 Share Posted September 27, 2005 The Ciro Cittero menswear shop in Slough shopping centre has a sign on the door saying that the landlord has entered the premises in pursuit of outstanding debts. The doors are locked and the lights are out, but otherwise it looks "normal". Another high street chain going t*ts up? Quote Link to comment Share on other sites More sharing options...
RichM Posted September 27, 2005 Share Posted September 27, 2005 This is starting to get a bit odd. How many shops have disappeared now? Carpetland, Allders, Gadget Shop, Allsports... others? Not shops I would normally spend any time in, but still recognisable chains. It's scary that the economy has actually even tanked yet and we're seeing some damage. Can't recall any chains going a year or two ago Quote Link to comment Share on other sites More sharing options...
Grime- skint wouldbe ftb Posted September 27, 2005 Share Posted September 27, 2005 actually, it looks like Ciro have been bumping along the bottom for a while.. http://www.accountancyage.com/accountancya...ashion-retailer Quote Link to comment Share on other sites More sharing options...
New Darker Law Posted September 27, 2005 Share Posted September 27, 2005 Administration administration administraion!http://news.bbc.co.uk/1/hi/business/4286856.stm there's a new one every day now!!! I guessed they were in trouble when one of my workmates came back from lunch with a golf club for £3 from Allsports. RichM I believe Furnitureland which is a large regional English concern is also in administration. NDL Quote Link to comment Share on other sites More sharing options...
Guest Bart of Darkness Posted September 27, 2005 Share Posted September 27, 2005 Allsports Enters Administration Phew, I thought it was All sorts at first (Bertie getting behind with his payments must surely be a sign of recession). To give you an example of how little I visit the high street these days. Never heard of Allsports Allders. What do they sell? Furnitureland. Not heard of them before they got into trouble. Avoid chav infested city centres, shop by Internet. Quote Link to comment Share on other sites More sharing options...
IMD Posted September 27, 2005 Share Posted September 27, 2005 Expecting for a big fashion chain to bite the dust soon... pretty much all the shops, even the 'good' ones have 75% sales on - and not on the rubbish either, but on the regular stock they just can't shift. I wish I could attribute it to people realising designer goods are a rip off and the cheap crap really is just that... but I doubt it. On the plus side, as someone with no debt beyond a small mortgage on a house I bought years ago, i'm getting kitted out nicely, and look the right dapper chap.* I hope Next go down first, because they really are tat merchants of the highest order. I was really pleased to see the Gadget Shop go under, as they symbolised everything I hate about modern consumerist society. * Attractive and fashionable status may be entirely in own head Quote Link to comment Share on other sites More sharing options...
ExeC Posted September 27, 2005 Share Posted September 27, 2005 This is starting to get a bit odd. How many shops have disappeared now? Carpetland, Allders, Gadget Shop, Allsports... others? Not shops I would normally spend any time in, but still recognisable chains. It's scary that the economy has actually even tanked yet and we're seeing some damage. Can't recall any chains going a year or two ago Must Have..IT, Courts, MG Rover... Quote Link to comment Share on other sites More sharing options...
Dancing Bear Posted September 27, 2005 Share Posted September 27, 2005 ExeC, Must Have ..IT was actually purposely closed down as a tax dodge! First hand info. Quote Link to comment Share on other sites More sharing options...
Time to raise the rents. Posted September 27, 2005 Share Posted September 27, 2005 "About 1,700 jobs are on the line " bring it on, if that is what it takes. dont care. Me too!! If that's what it takes to convince the BOE to lower rates, no probs with me. Quote Link to comment Share on other sites More sharing options...
2005 Posted September 27, 2005 Share Posted September 27, 2005 I predict some budget airlines and holiday companies going bust over the next year. I seem to remeber a couple of holiday companies going bust last time. My plan: Identify a holiday company that is about to go bust. Book a holiday in a remote, peaceful, sunny resort with them. Wait till they go bust and leave me stranded there Quote Link to comment Share on other sites More sharing options...
libitina Posted September 27, 2005 Share Posted September 27, 2005 Adams childrenswear is having a closing down sale, also, Etam (female clothing similar to Dorothy Perkins, for the uninitiated) has closed down in our shopping centre. Quote Link to comment Share on other sites More sharing options...
Alberta Tatlock Posted September 27, 2005 Share Posted September 27, 2005 I guessed they were in trouble when one of my workmates came back from lunch with a golf club for £3 from Allsports. St. Andrews, Carnoustie. Stoke Poges ???? I guess things are worse than I thought Quote Link to comment Share on other sites More sharing options...
CrashedOutAndBurned Posted September 27, 2005 Share Posted September 27, 2005 Between the age of eight through to my teenage years, the two nearest emporiums of sporting goods were locally run busineses. And they were proper sports shops too. Now even the smallest towns have these chainstores. The same is true of records. My favourite record store closed a months after a Megastore came to twon. The shop didn't even lose that much trade - just enough to turn a comfortable profit into an unsustainable one. You can't call it 'the dollar vote' that killed these shops as plenty of people still preferred them! Good shops with staff you could chat with... gone 90% of these bland chainstores are utterly pointless and give a bland shopping experience. Slash rents and business tax for one-shop business and penalise the wealth snatchers. Quote Link to comment Share on other sites More sharing options...
Smell the Fear Posted September 27, 2005 Share Posted September 27, 2005 This is starting to get a bit odd. How many shops have disappeared now? Carpetland, Allders, Gadget Shop, Allsports... others? Not shops I would normally spend any time in, but still recognisable chains. It's scary that the economy has actually even tanked yet and we're seeing some damage. Can't recall any chains going a year or two ago Our consumer, debt based economy is being hollowed out! Soon we'll only be able to buy government issue pyjamas and CDs of Scottish folk songs sung by Gordon Lightweight (and maybe tofu - would that be the nulabour equivalent of spam?). Quote Link to comment Share on other sites More sharing options...
ThePiltdownMan Posted September 27, 2005 Share Posted September 27, 2005 Adams childrenswear is having a closing down sale, also, Etam (female clothing similar to Dorothy Perkins, for the uninitiated) has closed down in our shopping centre. ETAM shut down in Bolton too. Quote Link to comment Share on other sites More sharing options...
CrashCrash Posted September 27, 2005 Share Posted September 27, 2005 Me too!!If that's what it takes to convince the BOE to lower rates, no probs with me. FYI, BOE's mandate to keep the inflation under control not to help keep the jobs/boom. Quote Link to comment Share on other sites More sharing options...
Guest Bart of Darkness Posted September 27, 2005 Share Posted September 27, 2005 FYI, BOE's mandate to keep the inflation under control not to help keep the jobs/boom. Do they know that? Quote Link to comment Share on other sites More sharing options...
lowrentyieldmakessense(honest!) Posted September 27, 2005 Share Posted September 27, 2005 (edited) FYI, BOE's mandate to keep the inflation under control not to help keep the jobs/boom. I know but why did they ignore house price inflation (until the very end) but they seem concerned with house price deflation. If they really wanted to stop house price deflation they should not have allowed unsustainable house price inflation. Sorry, for a moment there i was thinking houses are a cost of living, silly me, i will never get the job helping gordon. why couldn't the upgrade have included spell checker Edited September 27, 2005 by lowrentyieldmakessense(honest!) Quote Link to comment Share on other sites More sharing options...
marko Posted September 27, 2005 Share Posted September 27, 2005 Between the age of eight through to my teenage years, the two nearest emporiums of sporting goods were locally run busineses. And they were proper sports shops too. Now even the smallest towns have these chainstores.The same is true of records. My favourite record store closed a months after a Megastore came to twon. The shop didn't even lose that much trade - just enough to turn a comfortable profit into an unsustainable one. You can't call it 'the dollar vote' that killed these shops as plenty of people still preferred them! Good shops with staff you could chat with... gone 90% of these bland chainstores are utterly pointless and give a bland shopping experience. Slash rents and business tax for one-shop business and penalise the wealth snatchers. I definitely agree with this...these 'sports' shops such as JJBs etc seem to be little more than Chav-clothing emporiums where the latest Kappa can be picked up by those chavs who can afford not to buy knock-offs. It is alarming though...almost daily reports of businesses going to the wall or laying off staff...things are getting increasingly messy. Quote Link to comment Share on other sites More sharing options...
Johnny Posted September 27, 2005 Share Posted September 27, 2005 HMV Sale now on - 70% off. Quote Link to comment Share on other sites More sharing options...
dipstick Posted September 27, 2005 Share Posted September 27, 2005 I spoke to a relation at the weekend who sells new cars. Asked him how business was and he said it had been bad for about 8 months and was getting worse. Said people were worried about debt and it was getting very difficult to get them to sign up to more. Must be true. Don't know many car salemen who would tell you things were bad unless they really, really, were! Quote Link to comment Share on other sites More sharing options...
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