Woot Posted December 31, 2008 Share Posted December 31, 2008 Woollies Adams Morgan USC MFI Zavvi Whittard Olan Mills Motorworld (who are they?!) Ferraris (Welsh bakers) Celebrations Group (Card Warehouse etc) A year or two ago, how many saw this coming? It would be interesting to keep track - a halt in shops going into administration may be an indicator of bottoming-out... I suspect we aren't going to see that for a while though since many have seen their credit lines dry up. Quote Link to comment Share on other sites More sharing options...
Sceptacled Bear Posted December 31, 2008 Share Posted December 31, 2008 Motorworld are/were a midlands company I think, bit like Halfords but less ridiculously pricey on the whole. Quote Link to comment Share on other sites More sharing options...
deflation Posted December 31, 2008 Share Posted December 31, 2008 The branch of Olan Mills in my home town closed 2 years ago, taking some people's money with them. Motorworld have been in admin since September I think, my local one is still open, took over a branch of 'Charlie Browns' when they were in trouble. Quote Link to comment Share on other sites More sharing options...
debt monkey Posted December 31, 2008 Share Posted December 31, 2008 The following national retailers have been placed into administration: Woolworths MFI The Pier Zavvi Whittard Officers Club USC Olan Mills Morgan Quote Link to comment Share on other sites More sharing options...
aa3 Posted December 31, 2008 Share Posted December 31, 2008 (edited) Thanks for making this thread. I knew there were a couple, but had already forgotten most of those. You figure its just getting started to, as the recession has barely started and already those are out of cash. Hopefully we can use this thread to keep an updated version of the list. As when weeks and months go by it will be easy to forget which shops went down. Edited December 31, 2008 by aa3 Quote Link to comment Share on other sites More sharing options...
debt monkey Posted December 31, 2008 Share Posted December 31, 2008 Good idea making the thread Dragon. I will try to keep it updated Quote Link to comment Share on other sites More sharing options...
Fully Detached Posted December 31, 2008 Share Posted December 31, 2008 Yep, be nice to see this stickied. My uninformed impression is that those that have gone to the wall already, - and those that go to the wall in the next couple of months - will be primarily those that were heavily indebted. I think we'll see at least another month of similar over leveraged retailers falling, and then a second wave who are not over indebted, but are hit by the simple lack of sales as consumers tighten their belts. It'll be the second wave retailers that I have sympathy for. Quote Link to comment Share on other sites More sharing options...
pikestones Posted December 31, 2008 Share Posted December 31, 2008 Back in the summer/autumn there was Dolsis, Stead + simpson (shoes),as well as Rosebys (curtains and bedding ). Quote Link to comment Share on other sites More sharing options...
debt monkey Posted December 31, 2008 Share Posted December 31, 2008 Back in the summer/autumn there was Dolsis, Stead + simpson (shoes),as well as Rosebys (curtains and bedding ). Theres quite a fewer older ones we could put in, but how far back should we go? I personally think we should start with Woolies Quote Link to comment Share on other sites More sharing options...
Uriah Heap Posted December 31, 2008 Share Posted December 31, 2008 A well run retail company has a lot of options when there is a downturn. Of course the most obvious one is letting staff go. Squeezing suppliers also puts pressure on jobs elsewhere. Although these headline failures set the mood music I suspect that retrenchment by the big stores is going to have more effect. I don't think we'll be out of the woods when shops stop going bust. Quote Link to comment Share on other sites More sharing options...
Ron Forthehills Posted December 31, 2008 Share Posted December 31, 2008 Blockbuster Video is rumoured to be shakey, prob because many people are getting a digital TV package, and can buy films on demand. Quote Link to comment Share on other sites More sharing options...
mitchbux Posted December 31, 2008 Share Posted December 31, 2008 Ponden Mill chain went into admin this time last year. Looks like the store closures are finally starting, our nearest was only half full of stock in November. http://news.bbc.co.uk/1/hi/england/bradford/7805717.stm Quote Link to comment Share on other sites More sharing options...
General Melchett Posted December 31, 2008 Share Posted December 31, 2008 Blockbuster Video is rumoured to be shakey, prob because many people are getting a digital TV package, and can buy films on demand. That, and the fact that, as every film I (and so I presume others) hire(d) from them for the last few years seems to have been used as a drinks coaster and is unplayable may also be reducing their customer base. Quote Link to comment Share on other sites More sharing options...
slurms mackenzie Posted December 31, 2008 Share Posted December 31, 2008 (edited) The following national retailers have been placed into administration:Woolworths MFI The Pier Zavvi Whittard Officers Club USC Olan Mills Morgan You need to add Adams to that. Edited December 31, 2008 by slurms mackenzie Quote Link to comment Share on other sites More sharing options...
debt monkey Posted December 31, 2008 Share Posted December 31, 2008 Woolworths MFI The Pier Zavvi Whittard Officers Club USC Olan Mills Morgan Adams Quote Link to comment Share on other sites More sharing options...
gersuk Posted December 31, 2008 Share Posted December 31, 2008 (edited) You can possibly add Premium Bars and Restaurants (PBR) to the list......... http://www.belfasttelegraph.co.uk/news/loc...s-14124749.html Edited December 31, 2008 by gersuk Quote Link to comment Share on other sites More sharing options...
Hugh Jerekshun Posted December 31, 2008 Share Posted December 31, 2008 That, and the fact that, as every film I (and so I presume others) hire(d) from them for the last few years seems to have been used as a drinks coaster and is unplayable may also be reducing their customer base. LOVEFILM has taken a large slice of the DVD rental market. It's cheap, easy and no late fees. I've been with them for 3 years and am overall quite satisfied with the service. Only had two incorrect discs sent to me, and a couple have been faulty. The Bluray hire charge is no dearer than DVD either. Quote Link to comment Share on other sites More sharing options...
Sibley Posted December 31, 2008 Share Posted December 31, 2008 Why don't we have a bad news amnesty day? Aren't you lot fed up posting disaster stories? How about something good? You must walk round with a black cloud over your head 24/7. Let me guess......... Your mostly single. You don't go out much. You haven't got many friends and you pay your electric on a key meter. Quote Link to comment Share on other sites More sharing options...
Privateer Posted December 31, 2008 Share Posted December 31, 2008 Why don't we have a bad news amnesty day? Aren't you lot fed up posting disaster stories? How about something good? You must walk round with a black cloud over your head 24/7. Let me guess......... Your mostly single. You don't go out much. You haven't got many friends and you pay your electric on a key meter. Not at all! Celebrated my third anniversary a fortnights ago, I go out once/ twice a week (weird shifts), I have quite a few mates/ hopos and pay may leccy by DD. Incidentally, and as you've probably noticed, I'm overjoyed by the coming economic firestorm. Happy as a pig in shit, in fact (private joke, but it amuses me). Quote Link to comment Share on other sites More sharing options...
Crossbow Posted December 31, 2008 Share Posted December 31, 2008 Why don't we have a bad news amnesty day?Aren't you lot fed up posting disaster stories? How about something good? You must walk round with a black cloud over your head 24/7. Let me guess......... Your mostly single. You don't go out much. You haven't got many friends and you pay your electric on a key meter. And you complained about being moved to the Trolls group?? Quote Link to comment Share on other sites More sharing options...
repetitive bleats Posted December 31, 2008 Share Posted December 31, 2008 http://twitter.com/gonetitsup Quote Link to comment Share on other sites More sharing options...
juvenal Posted December 31, 2008 Share Posted December 31, 2008 http://twitter.com/gonetitsup Olan Mills Photography 33 branches in franchises in big stores in UK - gone into admin. http://www.bournemouthecho.co.uk/news/4009...administration/ Quote Link to comment Share on other sites More sharing options...
jonb Posted December 31, 2008 Share Posted December 31, 2008 Why don't we have a bad news amnesty day? Aren't you lot fed up posting disaster stories? How about something good? You must walk round with a black cloud over your head 24/7. Let me guess......... Your mostly single. You don't go out much. You haven't got many friends and you pay your electric on a key meter. Would you like to live in a world where good news was considered newsworthy? Quote Link to comment Share on other sites More sharing options...
Potwalloper Posted December 31, 2008 Share Posted December 31, 2008 you pay your electric on a key meter. It's electricity Sibley. Quote Link to comment Share on other sites More sharing options...
LetsGetReadyToTumble Posted December 31, 2008 Share Posted December 31, 2008 http://business.timesonline.co.uk/tol/busi...icle5371016.ece Max Spielmann and Klick photo-processing shops Although the article says the stores were bought up, my local Klick in Falmouth is closed. Quote Link to comment Share on other sites More sharing options...
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