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MadeinSurrey
Joined: 11 Dec 2006
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Location: Somewhere in Surrey
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 Posted: Tue Mar 10, 2009 8:25 am Post subject: |
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Principles used to do a good range for Men, but they dropped it several years ago. I used to buy a lot of my stuff from there.
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RockitRon
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| Posted: Sat Mar 14, 2009 6:05 pm Post subject: |
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Well it didn't take long. Virgin/Zavvi's Nottingham store reopened this morning as
The other three HMVs are still open - the staff in all three say they're not closing.
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Ron
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nod
Joined: 24 Dec 2006
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| Posted: Sun Mar 15, 2009 9:15 am Post subject: |
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Zavvi are back online (new owners)  |
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mark occomore
Joined: 07 Dec 2006
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Location: UK
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| Posted: Sun Mar 15, 2009 6:08 pm Post subject: |
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| MadeinSurrey wrote: | | Principles used to do a good range for Men, but they dropped it several years ago. I used to buy a lot of my stuff from there. |
I remember buying a nice jacket from Principles.
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Last edited by mark occomore on Mon Mar 16, 2009 6:42 pm; edited 1 time in total |
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nod
Joined: 24 Dec 2006
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| Posted: Sun Mar 15, 2009 6:16 pm Post subject: |
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| mark occomore wrote: | | MadeinSurrey wrote: | | Principles used to do a good range for Men, but they dropped it several years ago. I used to buy a lot of my stuff from there. |
I remember a nice jacket from Principles. |
nice  |
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Boy Perkins
Joined: 18 Dec 2008
Posts: 128
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| Posted: Sun Mar 15, 2009 6:46 pm Post subject: |
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Article in the S Times today showing that a quarter of the shops in the High street in Torquay are now shut! Town is to cut parking charges to encourage people in...
The likes of Tesco must be laughing their heads off!! They will survive and the others will find it twice as difficult to get going again. |
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RockitRon
Joined: 07 Dec 2006
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| Posted: Thu May 21, 2009 1:12 pm Post subject: |
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Clinton's Cards has put its Birthdays subsidiary into administration
http://news.bbc.co.uk/1/hi/business/8060868.stm
which is one way of rationalising and cost-cutting your business at a stroke.
Meanwhile Adams the children's wear chain, bought out of administration for the second time by its owner John Shannon in February, has undergone a further contraction of its stores - both those in Nottingham have closed (one of them next door to the still vacant Woolworth).
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Helen May
Joined: 10 Dec 2006
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| Posted: Thu May 21, 2009 2:01 pm Post subject: |
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I heard that Clintons didn't have a particularly good Christmas (2008) so not surprising.
I think I heard that Bay (clothing) had gone into administration a couple of weeks ago but then I heard it again this weekend so not sure what the situation there is.
H
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mark occomore
Joined: 07 Dec 2006
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Location: UK
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| Posted: Fri Jul 17, 2009 4:35 pm Post subject: |
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Carpet retailer Allied Carpets are the latest Allied to go into administration, as the stagnating housing market led to a fall in demand for carpets and flooring.
But 51 of its 217 stores and its insurance inspection business have been sold immediately, saving 400 jobs, administrator BDO Stoy Hayward said.
All stores are trading normally and outstanding customer orders will be fulfilled in all stores, it said.
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RockitRon
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RockitRon
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| Posted: Sat Jul 25, 2009 4:14 pm Post subject: |
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Waitrose is in talks to rescue the Prince of Wales' premium food brand Duchy Originals. In return for a cash injection and taking on the operational costs Waitrose is to be given exclusivity to the product range. It's a takeover in all but name, but can't be called so because of Duchy's charitable commitments.
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RockitRon
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| Posted: Wed Aug 05, 2009 3:07 pm Post subject: |
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Poundworld has been enticed into Woolworth's prime spot in the Nottm Victoria Centre. There are still plenty of gaps, where Adams, Bay, Qube, The Pier, MVC, Principles, The Works and Partners Stationery used to be.
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RockitRon
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| Posted: Fri Oct 02, 2009 10:29 pm Post subject: |
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Not out of the woods yet.
Wine Cellar has gone into administration this week, and then the most profitable stores have been sold to drinks distributor EFB in a "pre-pack" deal.
http://www.ft.com/cms/s/0/b1734d56-aee9-11de-96d7-00144feabdc0.html?nclick_check=1
Earlier this week both Jessops Cameras and Blacks Leisure narrowly avoided a similar fate. HSBC has done a debt-for-equity deal for the former, and state-owned Lloyds Bank has agreed to continue support to the latter, after poor/falling sales broke banking covenants. 89 Blacks/Milletts shops are to close.
Waitrose/John Lewis has finalised the deal to take on the Duchy Original brand, and will expand it to make it their premium, as against the standard and Essentials, range of products. The Prince of Wales charities will get an annual royalty of at least £2m in payment.
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mark occomore
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RockitRon
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mark occomore
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| Posted: Sat Oct 31, 2009 12:46 pm Post subject: |
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The days going to your local off licence are near enough died off. These big supermarkets are running them out of town. It's a shame another house hold name has gone down the pan.
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Ian Robinson
Joined: 11 Dec 2006
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| Posted: Tue Nov 24, 2009 2:04 pm Post subject: |
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Looks like Borders could be next:
http://news.bbc.co.uk/1/hi/business/8376394.stm
If there was one near me I'd be in there all the time - but I'm not sure I'd buy much!
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RockitRon
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| Posted: Tue Nov 24, 2009 8:00 pm Post subject: |
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They have been struggling for years - each change of ownership has been a rescue.
With a few exceptions the stores are not in prime locations, which limits their attractiveness to a prospective buyer like Smiths or HMV (Waterstones), and where they are there's usually a Waterstones just around the corner. They'll look nowhere beyond the bottom line - those that are making a good profit now will probably be bought, the rest will close.
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MadeinSurrey
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| Posted: Wed Nov 25, 2009 8:17 am Post subject: |
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It'll be a shame if Borders goes under - they have a great store in Brighton. I can't stand Waterstones, don't know why, just don't like their vibe!
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RockitRon
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| Posted: Wed Nov 25, 2009 9:05 am Post subject: |
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A reminder - if anyone's got any of their gift cards/vouchers, use them as soon as you can, they're worthless as soon as administration kicks in.
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Ron
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MadeinSurrey
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| Posted: Wed Nov 25, 2009 9:33 am Post subject: |
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Good point Ron, I wonder if there'll be rather fewer vouchers given this Christmas as people worry about companies going under....
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John W
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| Posted: Wed Nov 25, 2009 1:53 pm Post subject: |
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Our local Borders store is in Coventry, in an out-of-town big-brand shopping development next to the football stadium, and it's a fabulous shop with the widest range of magazines and CDs imaginable, and it has a Starbucks inside too. WHSmith in the city does not come close.
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RockitRon
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| Posted: Wed Nov 25, 2009 8:13 pm Post subject: |
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Pure conjecture, but, geographically, that looks as if it would be the ideal place for a Waterstones, with an HMV entertainment section/floor.
(It has always surprised me that they have not already, in some locations, combined the two names under one roof. I have noticed recently that Waterstone has reduced the range of the "back catalogue" and specialist publications it carries in the stores, so that there is quite a bit of free space available, so that may be an option for the future.)
The bottom line will be the bottom line. If the store makes good profits and the rental is reasonable they'll pick it up, irrespective of the other branch in the city.
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RockitRon
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RockitRon
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mark occomore
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Cherskiy
Joined: 08 Dec 2006
Posts: 3575
Location: Newcastle upon Tyne
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| Posted: Thu Dec 17, 2009 9:27 am Post subject: |
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Borders suffered because folk buy books cheaper from Amazon, Play etc. - when they started out, they were a great source (for me) for imported American "hard" science fiction, titles you'd have to wait up to eighteen months to obtain elsewhere in the UK. When the same books started appearing on Amazon's Marketplace for £2 or more less (including p&p), it naturally became a no-brainer to give Borders a miss. WHS probably only survive because they sell plenty of other items and are located in town centres so get plenty of footfall.
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Cherskiy
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Angela W
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Location: North Yorkshire
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| Posted: Thu Dec 17, 2009 1:56 pm Post subject: |
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Borders in York was a recent discovery, I don't get out much. We couldn't get over the fantastic amount of stock in there and will be sorry to see it go.
We buy books and Cd's on every visit.
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RockitRon
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| Posted: Wed Jan 20, 2010 2:41 pm Post subject: |
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Trading in shares of Jessops, the camera company, has been suspended in advance of a winding-up. The stores which bear the name are no longer owned by the company, however - after a nifty bit of soft-shoe shuffling they're now in the hands of private equity and HSBC - and will continue to trade. In recent months they have been cutting back on the number of stores - there used to be three in the centre of Nottingham, now there's just one and a small concession in WH Smith.
http://news.bbc.co.uk/1/hi/business/8469819.stm
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Ron
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mark occomore
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RockitRon
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| Posted: Wed Feb 17, 2010 8:15 pm Post subject: |
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Readers' Digest UK has gone into administration, after failing to reach agreement with the pensions regulator about how to deal with the fund's deficit.
It will continue to trade while a buyer is sought, but don't expect to win any of those prize draws (I never did).
The US parent filed for Chapter 11 Bankruptcy protection last year.
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Ron
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mark occomore
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| Posted: Sun Feb 21, 2010 11:09 am Post subject: |
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| RockitRon wrote: | Readers' Digest UK has gone into administration, after failing to reach agreement with the pensions regulator about how to deal with the fund's deficit.
It will continue to trade while a buyer is sought, but don't expect to win any of those prize draws (I never did).
The US parent filed for Chapter 11 Bankruptcy protection last year. |
I just put yours in a NO envelope along with mine 
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RockitRon
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