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Retailers Gone Into Administration
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mark occomore



Joined: 07 Dec 2006
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Location: UK

PostPosted: Mon Jan 26, 2009 7:08 pm    Post subject: Reply with quote

gfloyd wrote:
mark occomore wrote:
I have noticed that there are around 10 empty units where I live who have ceased trading. Some smaller shopping areas could end up being like ghost towns.


Madness. Ghost Town. We are back to the early 1980s again.

Suggs might increase his royalties.


It was the specials. Wink Remember the Video with the band members in a car... " Awwww... Its feeling like a ghost town " Laughing
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John W



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PostPosted: Mon Jan 26, 2009 8:52 pm    Post subject: Reply with quote

Hey, I lived in that ghost town then!

And, amazingly, 1980's the death of some of the old bits of British Leyland (Triumph Spitfire and TR7 plants, Morris Engines) and of Herberts and countless other engineering works, the City of Coventry survived, and they now have one of the lowest unemployment levels. I don't know what work everyone does now, though there are a dozen new business parks on the outskirts, and the two booming universities Warwick and Coventry now employ 1000's.

Maybe like me 1000s of folk got new jobs and had to drive 50 miles round trip to Birmingham Smile


John
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gfloyd



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PostPosted: Mon Jan 26, 2009 9:07 pm    Post subject: Reply with quote

mark occomore wrote:

It was the specials. Wink

Embarassed Embarassed Embarassed
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SantaFefan



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PostPosted: Mon Jan 26, 2009 9:33 pm    Post subject: Reply with quote

and they were driving in a black Vauxhall PA Cresta... Razz
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RockitRon



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PostPosted: Fri Jan 30, 2009 9:17 pm    Post subject: Reply with quote

Retailers going bust is traumatic enough. Suppliers or other companies further back in the chain can be even more so.

Zavvi was effectively torpedoed beneath the water line by the demise of Woolworth's wholesale operation.

A major supplier of freshly squeezed orange juice (SunJuice) has succumbed this week, and this may cause a temporary shortage at supermarkets.
http://www.thegrocer.co.uk/articles.aspx?page=articles&ID=197025

Time to get that Christmas present juicer out of the loft and buy a few nets of the raw thing. Wink
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Ian Robinson
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PostPosted: Fri Jan 30, 2009 9:48 pm    Post subject: Reply with quote

I've known this for a while, but JJB finally admitted they're in trouble today. Should limp on for a little while, and personally I hope they recover - I make toys for them!
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Boy Perkins



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PostPosted: Fri Jan 30, 2009 11:09 pm    Post subject: Reply with quote

Tough Ian, would suggest you widen your customer base... soon!
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Ian Robinson
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PostPosted: Sat Jan 31, 2009 7:05 pm    Post subject: Reply with quote

Boy Perkins wrote:
Tough Ian, would suggest you widen your customer base... soon!

Yeah, we are. We're concentrating on supermarkets now, and I've got a fair number of toys in "major retailers"
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mark occomore



Joined: 07 Dec 2006
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PostPosted: Sun Feb 01, 2009 4:50 pm    Post subject: Reply with quote

Ian Robinson wrote:
I've known this for a while, but JJB finally admitted they're in trouble today. Should limp on for a little while, and personally I hope they recover - I make toys for them!


They been having a massive sale.
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RockitRon



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PostPosted: Mon Feb 02, 2009 9:05 am    Post subject: Reply with quote

The Woolworths and Ladybird brands have been bought by the Barclay brothers, owners of the Daily Telegraph and several mail-order and online retailers, to be integrated into the latter businesses - http://news.bbc.co.uk/1/hi/business/7864194.stm

US private equity firm Clarion Capital has made a bid for Waterford Wedgwood - http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/privateequity/4425312/Clarion-in-offer-for-Waterford-Wedgwood.html
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Ian Robinson
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PostPosted: Mon Feb 02, 2009 9:37 am    Post subject: Reply with quote

mark occomore wrote:
Ian Robinson wrote:
I've known this for a while, but JJB finally admitted they're in trouble today. Should limp on for a little while, and personally I hope they recover - I make toys for them!


They been having a massive sale.

Yes, they've had to have a sale because their warehouses are full. They've taken in no new stock since May.
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Ian Robinson
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PostPosted: Wed Feb 04, 2009 10:47 am    Post subject: Reply with quote

Hamley's Icelandic owner has applied for bankruptcy - luckily I don't supply them any more!
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mark occomore



Joined: 07 Dec 2006
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PostPosted: Wed Feb 04, 2009 6:20 pm    Post subject: Reply with quote

Ian Robinson wrote:
Hamley's Icelandic owner has applied for bankruptcy - luckily I don't supply them any more!


They are in talks to save the company.

http://news.bbc.co.uk/1/hi/business/7869342.stm

___________

I could swear, but what the hell is going on Shocked
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mark occomore



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PostPosted: Wed Feb 04, 2009 6:21 pm    Post subject: Reply with quote

RockitRon wrote:
The Woolworths and Ladybird brands have been bought by the Barclay brothers, owners of the Daily Telegraph and several mail-order and online retailers, to be integrated into the latter businesses - http://news.bbc.co.uk/1/hi/business/7864194.stm

US private equity firm Clarion Capital has made a bid for Waterford Wedgwood - http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/privateequity/4425312/Clarion-in-offer-for-Waterford-Wedgwood.html



I read that Pick n Mix will be available online.
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RockitRon



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PostPosted: Thu Feb 12, 2009 9:16 am    Post subject: Reply with quote

Muzak has been unable to pay this month's bills and has filed for Chapter 11 Bankruptcy Protection. http://edition.cnn.com/2009/SHOWBIZ/Music/02/11/muzak.bankruptcy/?iref=mpstoryview

Actually, it's a long time since I've come across any genuine Muzak being relayed anywhere in this country.
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MadeinSurrey



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PostPosted: Thu Feb 12, 2009 10:09 am    Post subject: Reply with quote

I'm sure it's still prevalent, maybe we frequent higher class establishments now Ron Laughing
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Boy Perkins



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PostPosted: Thu Feb 12, 2009 10:19 am    Post subject: Reply with quote

Or just don't notice it any more?
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RockitRon



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PostPosted: Thu Feb 12, 2009 3:50 pm    Post subject: Reply with quote

One of Woolworth's old stores has been bought by its manager!

http://www.dailymail.co.uk/news/article-1142256/Former-manager-bear-lose-job-Woolies-buys-old-store-reopens--WELLWORTHS.html

I thought the Wellworth name was used by Woolworth's occasionally. I hope she's checked, and registered it, and Wellies.

It may have been profitable before, but a stand-alone store in a popular high street is high rent, and it won't get Woolies supplier terms. Pessimist that I am, I would say if that if Wilkinson's weren't interested in it, it might be tough going.

But good luck to them!
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Rachel
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PostPosted: Fri Feb 13, 2009 12:36 pm    Post subject: Reply with quote

Ron, Dorchester is way to up-market for a Wilkinsons Smile Laughing That would never do.
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RockitRon



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PostPosted: Sun Feb 15, 2009 11:24 am    Post subject: Reply with quote

Laughing

Funny, I always thought Wilkinsons was one rung above Woolies, but then our Woolies was dire.
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Boy Perkins



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PostPosted: Sun Feb 15, 2009 5:22 pm    Post subject: Reply with quote

Dorchester is not so very up market... lot of good working class rural folk round there. Should be good for a range of shops, hopefully!

... and not so big that all the multi chains will hog every premises either.
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mark occomore



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PostPosted: Sun Feb 15, 2009 5:36 pm    Post subject: Reply with quote

Interesting stuff kids clothing chain Adams who went into Administration has been rescued. Still gives a few quid for PricewaterhouseCoopers Laughing

http://news.bbc.co.uk/1/hi/business/7891292.stm
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nod



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PostPosted: Sun Feb 15, 2009 5:49 pm    Post subject: Reply with quote

RockitRon wrote:
I thought the Wellworth name was used by Woolworth's occasionally. I hope she's checked, and registered it, and Wellies.



Wellworth is a store / chain in Northern Ireland isn't it ?
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Rachel
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PostPosted: Sun Feb 15, 2009 7:21 pm    Post subject: Reply with quote

nod wrote:
RockitRon wrote:
I thought the Wellworth name was used by Woolworth's occasionally. I hope she's checked, and registered it, and Wellies.



Wellworth is a store / chain in Northern Ireland isn't it ?



Only until 1997 according to wiki-

Sorry BP Smile was just teasing- re "up-market".

Dorchester is just like anywhere else- all sorts of people.

There is a massive range of independant shops in Dorchester; not that many chains at all, and the chains there are, are very small outlets. Mainly, cos the shops are so tiny.

To get on in Dorchester you need to wear a hat. When I first moved here, I noticed lots of people with odd hats, or was it lots of odd people wearing hats. Anyway the thing is, and I've not discovered where it is yet, but I think there is a secret-society in Dorchester, and the wearing of an odd hat, is part of it. In the early days when I didn't have any hats at all - service in the shops was poor- people were cold and distant. Now I have a range of odd hats - I couldn't be more welcome. Some hats are more powerful than others. Black hats seem to have the best effect.
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SantaFefan



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PostPosted: Sun Feb 15, 2009 9:52 pm    Post subject: Reply with quote

Laughing I love it... sounds like something from the Avengers or The Prisoner!

Be seeing you!
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Boy Perkins



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PostPosted: Sun Feb 15, 2009 9:54 pm    Post subject: Reply with quote

The secret hats of Dorchester... I must have a look the next time I pass through!!!
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RockitRon



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PostPosted: Thu Feb 19, 2009 10:04 am    Post subject: Reply with quote

Update on the Zavvi front:-

The business effectively closes on 20th February, with the closure of 18 more stores, including the old flagship in Oxford Street.

That leaves ten, which have definitely been sold, and three more which are still in negotiation.

http://news.bbc.co.uk/1/hi/business/7897506.stm


We predicted the demise of the business here as soon as Virgin offloaded it. In the end it was very unlucky that it got holed beneath the waterline by the failure of its supplier, Woolworths, but I still think it would have happened, sooner rather than later.
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Boy Perkins



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PostPosted: Thu Feb 19, 2009 10:42 am    Post subject: Reply with quote

Striding back from Sydenham railway station this morning, I noticed the large, To Let notice affixed to the roof of the former hairdressing salon, Indian Red. It's a corner unit at 303, Holywood Road, Belfast. During the sixties it was the premises of T J McCleery, grocer.

Either the hairdresser has re-located to other premises; or they could be another casualty of the current recession. I imagine florists and some hairdressers have been adversely affected by the economic circumstances.

A chip shop has just opened and a hairdresser has closed.
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RockitRon



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PostPosted: Thu Feb 19, 2009 2:42 pm    Post subject: Reply with quote

You forgot to mention the shop selling Norwegian trolls.
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Boy Perkins



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PostPosted: Thu Feb 19, 2009 2:59 pm    Post subject: Reply with quote

And more to get the boot...

http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUSLJ64781920090219
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mark occomore



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PostPosted: Thu Feb 19, 2009 6:39 pm    Post subject: Reply with quote

Quote:
The administrators of Stylo, which owns the Barratts and PriceLess chains of shoe shops, is closing 220 stores with the loss of 2,500 jobs.


http://news.bbc.co.uk/1/hi/business/7899640.stm
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RockitRon



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PostPosted: Wed Feb 25, 2009 5:03 pm    Post subject: Reply with quote

Close to home, The Tales of Robin Hood, a similar themed venue to the Jorvik Centre in York and seen here - the building on the right


has gone into administration and closed, for the want of 250,000 immediately, which was needed to pay the rent to landlord Tesco, who had decided to double it. The place is 20 years old and did need more spending on it, but the city council declined to help out.

However, plans are afoot for a 100 metre statue of Robin Hood, which will tower over the city (it's twice the height of that horse at Ebbsfleet, and will cost, wait for it, 20 million). And the county council plans to spend over 10 million on a new Robin Hood Visitor Centre in Sherwood Forest.

Recession? What recession?
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Boy Perkins



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PostPosted: Wed Feb 25, 2009 5:25 pm    Post subject: Reply with quote

Good grief, hope they don't put one of Little John up alongside!!!
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RockitRon



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PostPosted: Sun Mar 01, 2009 5:02 pm    Post subject: Reply with quote

Not actually in administration, but the only other competition to HMV in Nottingham, the legendary independent record retailer Selectadisc, open since 1966, has decided to call it a day. See thread in the Music Chat
http://www.r2ok.s4.bizhat.com/viewtopic.php?p=62271#62271
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RockitRon



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PostPosted: Mon Mar 09, 2009 4:16 pm    Post subject: Reply with quote

I feel a bit like you-know-who, running this thread and keeping a note of all these well known names biting the dust, but anyway, Principles, the women's fashion chain that has a lot of concessions inside Debenhams, is the latest. Debs is finalising a deal to buy the brand and stock, but not the 94 stand-alone stores.

A final look at Zavvi, before HMV removes the signage.



I was slightly surprised they bought it. The site was previously a WH Smith which moved and then closed, and, although it is just 75 yards up from M&S, and there is a Lakeland, which people will always go out of their way for, next door but one, there are a lot of empty shops round about.


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Helen May



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PostPosted: Mon Mar 09, 2009 5:18 pm    Post subject: Reply with quote

Hi Ron,

As far as I know the Principles' concessions in Debenhams will remain but the stand alone shops will go. I like the brand and feel sorry for the girls in my fairly local store that I got to know quite well over the years.

H
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Boy Perkins



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PostPosted: Mon Mar 09, 2009 5:28 pm    Post subject: Reply with quote

Principles losing their girls is sad but girls without principles is another matter all together...
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RockitRon



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PostPosted: Mon Mar 09, 2009 8:54 pm    Post subject: Reply with quote

Helen May wrote:
Hi Ron,

As far as I know the Principles' concessions in Debenhams will remain but the stand alone shops will go. I like the brand and feel sorry for the girls in my fairly local store that I got to know quite well over the years.

H


Hello, H

Yes, that seems to be what will happen, and it makes sense.

I must say that, here at least, Debenhams could have made more of the brand. From what I have seen they have some very nice clothes, but the area devoted to it is almost hidden away, at the back of the store; perhaps they'll make more of it as they now own it outright. (For my wife, the other disadvantage is that, usually, it's the last port of call on the route of our shopping trips and she's either loaded and spent up already or so fed up and disenchanted she just wants to get home!)
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colby



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PostPosted: Mon Mar 09, 2009 9:07 pm    Post subject: Reply with quote

RockitRon wrote:
From what I have seen they have some very nice clothes, but the area devoted to it is almost hidden away, at the back of the store; perhaps they'll make more of it as they now own it outright.


I guess it comes down to money. In-store franchisees have to lease their "pitch" according to the value of the floorspace, so that might account for Principles' lack of visibility in some stores (especially the older ones, I would imagine).
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Minx



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PostPosted: Mon Mar 09, 2009 9:08 pm    Post subject: Reply with quote

I find it hard to believe that a buyer couldn't be found for Principles. I took a stroll round their store in Peterborough the other day and there was a huge range of interesting stuff. I'll be sad to see it go.
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