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Now Adams has gone into Administration who is next?


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Old 06-07-2016, 19:01
euphie
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I was in BHS in Jersey and found that the stuff even in their 'sale' was more expensive than what I would have bought in somewhere like Primark. They also didn't have a great selection and everything was just so unkempt.
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Old 07-07-2016, 14:43
Charnham
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went into BHS today, as I thought the Food Court is not part of the sale, and the lady at the till confirmed that Happy Shopper are not happy about the fact they got involved.

Plenty of stuff left, both BHS and Arcdia brand stuff.
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Old 08-07-2016, 19:50
ayrshireman1
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BHS café/restaurant in Ayr closing tomorrow.
Main store remains open.
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Old 18-07-2016, 21:04
mseven1
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The council can specify the type and size of the sign.. In York, McDonalds are in a listed building and they were not allowed to change the facade and could only put up a tiny unobtrusive sign. It can be done!
In terms of signs the size, position and what it's going to have printed on it can cause problems. I remember a town where I had a store there was a shop that wanted to display the brands they sell however it was considered that it could be an advertising billboard because they could be getting money in exchange from advertising. Listed buildings are allowed to haver signs but they are usually to fit the original shop signs or over the top of the original signs which might be part of that listed building.

For some places it has nothing to do with the signage, and more to do with not "lowering the tone".

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.
There are places where lowering the tone is an issue but with most towns they have to allow them. The problem with accepting pound shops is they attract antisocial behaviour but without them they have many empty shops and no customers for the other shops. I was part of a local retail forum in a town I used to have a shop and the local police had to put community support officers due to the increased crime in the town centre but the problem the real problem the town had was the shops were too small for most companies and all the decent size shops were snapped up by discount shops.

has anyones BHS closed yet?
They previously did deals with their landlords for reduced rent so their landlords would probably be happy to give further reductions in rent or no rent depending on the landlord because the cost of ending their lease early with no potential replacement company to rent it would cost the landlord more. What's probably happened is their landlords have the stores on the market and waiting for other retailers to take on new leases. When they have found replacements they would give BHS a month to vacate.

Normally rent is paid every 3 months March,June,Sept and Dec roughly at the end of the month so if you're going to pay for the space you might as well use it, those that are being closed down may be used to offload the less valuable tat thats not shifting in other stores to keep up trailer usage on transport costs along with other things.
Not many landlords do 3 month rent anymore, most are a month upfront. If they were on leases where they pay 3 months ahead they would be able to get out of them early.
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Old 18-07-2016, 21:44
Charnham
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20 BHS stores closing this week, including Peterborough

http://www.peterboroughtoday.co.uk/n...week-1-7481833

This surprises me, because it does not see that unstocked
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Old 19-07-2016, 08:50
malpasc
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I'm surprised our local branch isn't on that list yet. They're even selling the shop fittings right now!

I guess there must be quite a bit of stock left and that's keeping them open for a bit longer. Most of it is ghastly though!
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Old 27-07-2016, 22:23
chinchin
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Basildon BHS has already closed. Not sure about the Lakeside branch.

Don't know how I missed it , but the My Local chain of convenience stores which recently replace dthe Morrisions 'M Local' stores has gone bust. They had only been running for about 9 months!

Wikipedia entry here:

https://en.wikipedia.org/wiki/My_Local
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Old 28-07-2016, 01:35
San Fran Sara
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Basildon BHS has already closed. Not sure about the Lakeside branch.

Don't know how I missed it , but the My Local chain of convenience stores which recently replace dthe Morrisions 'M Local' stores has gone bust. They had only been running for about 9 months!

Wikipedia entry here:

https://en.wikipedia.org/wiki/My_Local
Not surprised as they were owned by Greybull that bunch of shysters famous for asset stripping and then placing companies into administration.
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Old 28-07-2016, 06:47
WinterFire
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Will there be anything left soon?
Pound shops.
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Old 28-07-2016, 07:40
sarahj1986
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Stratford Upon Avon store closed Sunday, as one of our biggest retail spaces I look forward to seeing what will go there. I hope it is filled quickly
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Old 31-07-2016, 02:09
mseven1
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With the value of the pound going down fixed price shops like poundland will be under threat because they don't buy in GBP, many exporters in china sell in US Dollars because a lot of their business comes from the USA and by keeping the same currency as their main customers they can do better deals as there is no currency exchange. When pound shops get money from sales it's in GBP (Ł) and need to change them in to US Dollars but when the pound value goes down it will cost them more to have products produced.
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Old 07-09-2016, 19:03
Grouty
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Tesco
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Old 07-09-2016, 22:57
starry_rune
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hopefully our firearms business
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Old 07-09-2016, 23:04
Maxatoria
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hopefully our firearms business
Nope, we need to take care of populations of various animals unless you fancy loads of wolves and bears roaming around the place to take over the slack?

Obviously the moral thing of selling pew pew to certain countries is a different matter but i'd doubt the sudden explosion in deer/grouse/pheasants/ducks and bunnies would really be in our best interests especially if you get a deer running across the road and into your car messing up your no claims
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Old 07-09-2016, 23:11
tim59
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hopefully our firearms business
No chance of that, the government love the arms industry makes them billions and billions and keeps thousands in work, one of the most profitable business going
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Old 08-09-2016, 00:54
San Fran Sara
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I think Arcadia group will be next to go, horrendous pension deficit and its alleged the odious greens are taking money under the guise of fees from the business at an alarming rate.
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Old 08-09-2016, 00:56
Big Boy Barry
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I hope Wok and Go don't go under.

I like their noodles.
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Old 08-09-2016, 07:31
sarahj1986
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I think that Christmas spending will be interesting this year. Most well known stores make a huge part of their turnover from Christmas sales. Will the Brexit vote encourage more or less spending? I wonder which stores will suffer most? We have in recent years had quite a few big companies go under just after Christmas so I will keep my eyes open.
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Old 08-09-2016, 09:18
walterwhite
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You think Tesco will be in administration next? Really?
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Old 10-09-2016, 23:55
mseven1
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The Arcadia Group have been closing many of their stores and mixing them together such as TopMan TopShop Miss Selfridge in one store and Evans Dorothy Perkins Burton in one store. Their products are now in Debenhams and when The Arcadia Group owned BHS some of their Evans, Walis, Burton etc. stores they closed some stores and moved them to BHS.
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Old 12-09-2016, 08:35
malpasc
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You think Tesco will be in administration next? Really?
Some people are probably listing places they wouldn't mind seeing in administration, rather than what would realistically could be next in administration.

Tesco are still massively profitable. Their profits have gone downhill because they took their eye off the ball when it came to their core supermarket business, but they're not going bankrupt just yet.

People always bring up WH Smith, but their airport and train station stores make an absolute killing, plus they have a massive magazine and newspaper distribution arm which means they're going nowhere.

BHS could have been seen a mile off once it was spun out of the Arcadia group of companies. Regardless of financial fiddling, it was a Woolworths waiting to happen - dated and pointless. Even if it hadn't have gone down the pan this year it would have happened sooner or later unless some miracle overhaul had occurred.
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Old 12-09-2016, 10:48
Everything Goes
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Some people are probably listing places they wouldn't mind seeing in administration, rather than what would realistically could be next in administration.

Tesco are still massively profitable. Their profits have gone downhill because they took their eye off the ball when it came to their core supermarket business, but they're not going bankrupt just yet.

People always bring up WH Smith, but their airport and train station stores make an absolute killing, plus they have a massive magazine and newspaper distribution arm which means they're going nowhere.

BHS could have been seen a mile off once it was spun out of the Arcadia group of companies. Regardless of financial fiddling, it was a Woolworths waiting to happen - dated and pointless. Even if it hadn't have gone down the pan this year it would have happened sooner or later unless some miracle overhaul had occurred.
The long term problem for WH Smith is the demise of traditional print media. Newspapers and magazines are not selling the quantity's they used to.
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Old 13-09-2016, 00:57
mseven1
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BHS could have been seen a mile off once it was spun out of the Arcadia group of companies. Regardless of financial fiddling, it was a Woolworths waiting to happen - dated and pointless. Even if it hadn't have gone down the pan this year it would have happened sooner or later unless some miracle overhaul had occurred.
The Arcadia group seem to be reducing their stores to make savings so if they had kept BHS they would've probably made them to concessions of their other stores

The long term problem for WH Smith is the demise of traditional print media. Newspapers and magazines are not selling the quantity's they used to.
In the 1970s - 1990s WH Smith owned other companies such as Do It All, WH Smith Travel agents, Our Price, Paperchase, Waterstones and WH Smith TV. WH Smith have starting running Post Office counters in their stores and owns Funky Pigeon and Card Market stores. They also acquired brands from retailers that went in to administration such as ModelZone.
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Old 13-10-2016, 17:50
darkjedimaster
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Ed's Easy Diner goes into Administration

http://www.liverpoolecho.co.uk/news/...ID=FB-Liv-main

Really not surprised at this due to their high prices, also in Norwich they would have been facing stiff competition with the opening of Five Guys next week.
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Old 13-10-2016, 18:15
scoobyju1
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Ed's Easy Diner goes into Administration

http://www.liverpoolecho.co.uk/news/...ID=FB-Liv-main

Really not surprised at this due to their high prices, also in Norwich they would have been facing stiff competition with the opening of Five Guys next week.
Shame, I like Ed's!
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