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Now Adams has gone into Administration who is next? |
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#1276 |
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Forum Member
Join Date: Mar 2007
Posts: 11,692
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Quote:
Why the hell are you hoping that thousands of people will lose their jobs?
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#1277 |
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Forum Member
Join Date: Dec 2004
Location: Central London
Posts: 43,693
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Next and Gap – hopefully.
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#1278 |
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Forum Member
Join Date: Aug 2010
Location: The Pit of Despair
Posts: 50,183
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What do people think will replace bhs stores, obviously most stores are pretty large so I'm thinking Primark will be interested in towns where they don't already have a presence, also Debenhams, Next and h&m
My local town lost m&s last year now it will be loosing bhs ![]() Somebody posted something about Woolworths being replaced in the marketplace by pound shops - I personally don't think they are comparable; I would say that Wilko's is their equivalent, along with shops like Poundstretcher, Home Bargains and other cheap (but not specifically £1) shops. £1 shops are limited by the £1 structure, so you won't find furniture or a cheap stereo in them - which you will in Wilko's and other cheap shops. On a personal note, I so wish that Bath would get off their snooty high horse (they wouldn't allow Woolworths into the main part of the city) and let us have a Wilko *sigh*. |
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#1279 |
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Forum Member
Join Date: Jul 2007
Location: Dirty thirty and proud!
Posts: 54,328
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Because there are thousands of ten-year-olds working fifteen hours a day for next to nothing.
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#1280 |
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Forum Member
Join Date: Aug 2006
Posts: 7,164
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bib - well, in our city Primark are now in the premises that were once BHS.
Somebody posted something about Woolworths being replaced in the marketplace by pound shops - I personally don't think they are comparable; I would say that Wilko's is their equivalent, along with shops like Poundstretcher, Home Bargains and other cheap (but not specifically £1) shops. £1 shops are limited by the £1 structure, so you won't find furniture or a cheap stereo in them - which you will in Wilko's and other cheap shops. On a personal note, I so wish that Bath would get off their snooty high horse (they wouldn't allow Woolworths into the main part of the city) and let us have a Wilko *sigh*. |
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#1281 |
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Forum Member
Join Date: Dec 2004
Location: Central London
Posts: 43,693
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Quote:
I was surprised to notice that our Poundshop (which was formerly Woolworths) had a few times for over £1 the other week, special offers of big packs of washing powder etc IIRC. still only about £6 though
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#1282 |
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Forum Member
Join Date: Apr 2013
Location: Work, probably..
Posts: 3,837
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Poundshop/Poundland doesn't actually mean that everything is a pound though, it just refers to the fact that pounds are spent in there..
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#1283 |
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Forum Member
Join Date: Mar 2004
Location: South
Posts: 10,848
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I suppose we're all different; but as a 33 year old male my shopping habits are now:
Grocery - Sainsburys/Aldi Household/garden stuff - Argos/B&M/B&Q Cheap clothes - Sports Direct/Matalan Decent clothes - M&S/Debenhams Everything else - Amazon |
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#1284 |
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Forum Member
Join Date: Sep 2007
Location: The Deathstar
Posts: 15,386
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Because there are thousands of ten-year-olds working fifteen hours a day for next to nothing.
As fir outsourcing it is time to bring the jobs back home to the UK. |
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#1285 |
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Forum Member
Join Date: Jan 2013
Posts: 760
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Quote:
bib - well, in our city Primark are now in the premises that were once BHS.
Somebody posted something about Woolworths being replaced in the marketplace by pound shops - I personally don't think they are comparable; I would say that Wilko's is their equivalent, along with shops like Poundstretcher, Home Bargains and other cheap (but not specifically £1) shops. £1 shops are limited by the £1 structure, so you won't find furniture or a cheap stereo in them - which you will in Wilko's and other cheap shops. On a personal note, I so wish that Bath would get off their snooty high horse (they wouldn't allow Woolworths into the main part of the city) and let us have a Wilko *sigh*. I don't think Bath are being on a high horse, the problem is if they let one retailer have a large sign they have to let others and before your know it they will all have banners and large signs. It could be a listed building. |
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#1286 |
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Forum Member
Join Date: Jul 2007
Location: Dirty thirty and proud!
Posts: 54,328
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The issue with pound shops is it is a fixed price but the value of a pound varies. The value of the pound right now is at it's 30 year low so they won't be purchasing much stock at the moment. A large amount of what Pound shop chains like poundland and pound world / Bargin Buys sell are their own products or bankrupt/end of line stock.
I don't think Bath are being on a high horse, the problem is if they let one retailer have a large sign they have to let others and before your know it they will all have banners and large signs. It could be a listed building. |
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#1287 |
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Forum Member
Join Date: Nov 2007
Location: England
Posts: 6,317
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Quote:
The issue with pound shops is it is a fixed price but the value of a pound varies. The value of the pound right now is at it's 30 year low so they won't be purchasing much stock at the moment. A large amount of what Pound shop chains like poundland and pound world / Bargin Buys sell are their own products or bankrupt/end of line stock.
I don't think Bath are being on a high horse, the problem is if they let one retailer have a large sign they have to let others and before your know it they will all have banners and large signs. It could be a listed building. In a place i lived a few years ago the locals were on the street with placards at the idea that a poundshop would open on their high street, meanwhile across the street a Gun shop opened without a second glance. I must add though, that the same locals would often travel 20 miles to the nearest poundshop to buy branded things for the right price (they put the goods into M&S bags of course) they just didnt want it in their back yard. |
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#1288 |
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Forum Member
Join Date: Nov 2003
Location: nr Peterborough, England
Posts: 48,127
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has anyones BHS closed yet?
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#1289 |
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Forum Member
Join Date: Nov 2014
Posts: 2,034
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No news on any saviour for BHS?.
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#1290 |
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Forum Member
Join Date: Nov 2003
Location: nr Peterborough, England
Posts: 48,127
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No news on any saviour for BHS?.
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#1291 |
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Forum Member
Join Date: Nov 2012
Posts: 9,703
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Netto food stores is set to close..... Again.
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#1292 |
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Forum Member
Join Date: Nov 2003
Location: nr Peterborough, England
Posts: 48,127
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Quote:
Netto food stores is set to close..... Again.
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#1293 |
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Forum Member
Join Date: Feb 2011
Location: Warwickshire
Posts: 8,093
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Quote:
has anyones BHS closed yet?
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#1294 |
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Forum Member
Join Date: Apr 2004
Posts: 6,350
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Quote:
bib - well, in our city Primark are now in the premises that were once BHS.
Somebody posted something about Woolworths being replaced in the marketplace by pound shops - I personally don't think they are comparable; I would say that Wilko's is their equivalent, along with shops like Poundstretcher, Home Bargains and other cheap (but not specifically £1) shops. £1 shops are limited by the £1 structure, so you won't find furniture or a cheap stereo in them - which you will in Wilko's and other cheap shops. On a personal note, I so wish that Bath would get off their snooty high horse (they wouldn't allow Woolworths into the main part of the city) and let us have a Wilko *sigh*. |
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#1295 |
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Forum Member
Join Date: Apr 2004
Posts: 6,350
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Quote:
has anyones BHS closed yet?
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#1296 |
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Forum Member
Join Date: Nov 2003
Location: nr Peterborough, England
Posts: 48,127
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Quote:
Our local branch, Walthamstow, is in the middle of a closing down sale. Guess there must only be weeks at most left.
so hard for me to judge based on Peterborough BHS, as it still has the Arcadia brands in it as well, so I would guess they cant heavily discount those. Guessing they cant discount the Happy Shopper stuff either. |
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#1297 |
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Forum Member
Join Date: Apr 2004
Posts: 6,350
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Quote:
seems to be taking them a while, either they have not been heavy discounting, they have ALOT of stock, or no one actually wants the stock.
so hard for me to judge based on Peterborough BHS, as it still has the Arcadia brands in it as well, so I would guess they cant heavily discount those. Guessing they cant discount the Happy Shopper stuff either. There seemed to be an awful lot of quite chintzy bedding and cushions - kind of Cath Kidston on the cheap. I can't stand that faux-chintzy 50s style. I'd imagine in the last few days the discounts will be much bigger with "everything must go" right down to the shop fittings like Woolworths did. |
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#1298 |
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Forum Member
Join Date: Apr 2011
Posts: 10,733
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Probably with BHS they'll be shutting the stores down as the rental period finishes on the less profitable ones and also will probably try and eek out till Christmas as they'll probably have started to receive the winter stock.
Probably the reduced stuff will mainly just be end of season stuff that they'd have to reduce to clear anyway. The administrators will be trying to wait till the very last moment to reduce stuff and thus we have that waiting game of people wanting a bargain and them trying to get full price for the creditors (and themselves). The food stuff can naturally run itself out as it goes out of date and just not be replaced and theres a big market for large quantities of near date etc food with the pound shops probably sniffing around. |
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#1299 |
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Forum Member
Join Date: Nov 2003
Location: nr Peterborough, England
Posts: 48,127
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Quote:
Probably with BHS they'll be shutting the stores down as the rental period finishes on the less profitable ones and also will probably try and eek out till Christmas as they'll probably have started to receive the winter stock.
Winter Stock on the other hand is a good point, if that does not get sold in store, what happens to it? |
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#1300 |
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Forum Member
Join Date: Apr 2011
Posts: 10,733
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Quote:
really? not sure that keeping open until the rent runs out, is how it works,
Winter Stock on the other hand is a good point, if that does not get sold in store, what happens to it? The winter stock will probably be moved to certain stores and as they close down it'll be moved to the next one etc, once the administrators get down to where the stocks worth less than paying for the power/wages etc to flog it then it'll probably get auctioned off and be in somewhere like tk-maxx a few weeks later. Obviously the t&c's of the rental agreement i don't know but it might be that as they've just sold off all their property IIRC so perhaps theres a one year minimum contract on the rent agreement for those just sold off which is why they're not rushing with a fire sale except for those stores they want to get rid of quickly. |
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