Tuesday, August 9, 2011

Blame a tsunami, blame the weather, blame the riots etc

London Riots 'Will Destroy Some Businesses'

Retailers have been particularly badly hit, with major companies such as Tesco (LSE: TSCO.L - news) , McDonald's and Ladbrokes (Frankfurt: A0JEHM - news) vandalised alongside smaller independent shops. Electronics chain Dixons said that 23 of their stores were affected Charles Dunstone, founder and chairman of Carphone Warehouse, told Sky's Mark Kleinman that a significant number of his shops had been destroyed and large numbers of mobile phones had been taken.

Posted by mark @ 01:28 PM (1398 views)
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7 thoughts on “Blame a tsunami, blame the weather, blame the riots etc

  • sibley's b'stard child says:

    Though, perchance once may blame it on the boogie?

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  • Yahoo: London Riots ‘Will Destroy Some Businesses’ and decimate London house prices with any luck.

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  • The FTSE has just risen 300 points for no apparent reason. Greece is slipping to the back pages and the London riots will probably be forgotten by the end of the summer. I wonder what the next big thing will be?

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  • general congreve says:

    Yes, national store chains Dixons and Carphone Warehouse have been levelled by the destruction and looting of a handful of their national stores. It woz the looterz wot dun it, not our overleveraged balance sheets and outdated business models.

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  • Scum all round, rioters, bankers and massive tax avoiding chain stores. Different entities but same attitude, namely fu3k you and take all you can. Only the residents and small local traders deserve sympathy, particularly when after a night of fear they are exploited and patronised by the likes of Clegg, Cameron, the God awful David Lammy and the preening Johnson.
    Top Shop trashed? If Sir Phillip had coughed up what he owed, maybe his and everyone elses property would be better protected by that state he really doesnt believe in.

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  • mark wadsworth says:

    Apparently, there’s a one-acre site of prime building land in Central Croydon that’s now coming up for grabs, chances are The Reeve Brothers will be able to earn more money by selling the ruins than in the entire 147-year history of the business.

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  • general congreve says:

    @6 – Should cheer them up a bit.

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