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Now Adams has gone into Administration who is next?
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euphie
06-07-2016
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.
Charnham
07-07-2016
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.
ayrshireman1
08-07-2016
BHS café/restaurant in Ayr closing tomorrow.
Main store remains open.
mseven1
18-07-2016
Originally Posted by stargazer61:
“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.

Originally Posted by Gordie1:
“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.

Originally Posted by Charnham:
“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.

Originally Posted by Maxatoria:
“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.
Charnham
18-07-2016
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
malpasc
19-07-2016
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!
chinchin
27-07-2016
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
San Fran Sara
28-07-2016
Originally Posted by chinchin:
“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.
WinterFire
28-07-2016
Originally Posted by timey:
“Will there be anything left soon? ”

Pound shops.
sarahj1986
28-07-2016
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
mseven1
31-07-2016
Originally Posted by WinterFire:
“Pound shops.”

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 (£) 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.
Grouty
07-09-2016
Tesco
starry_rune
07-09-2016
hopefully our firearms business
Maxatoria
07-09-2016
Originally Posted by starry_rune:
“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
tim59
07-09-2016
Originally Posted by starry_rune:
“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
San Fran Sara
08-09-2016
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.
Big Boy Barry
08-09-2016
I hope Wok and Go don't go under.

I like their noodles.
sarahj1986
08-09-2016
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.
walterwhite
08-09-2016
Originally Posted by Grouty:
“Tesco”

You think Tesco will be in administration next? Really?
mseven1
10-09-2016
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.
malpasc
12-09-2016
Originally Posted by walterwhite:
“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.
Everything Goes
12-09-2016
Originally Posted by malpasc:
“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.
mseven1
13-09-2016
Originally Posted by malpasc:
“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

Originally Posted by Everything Goes:
“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.
darkjedimaster
13-10-2016
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.
scoobyju1
13-10-2016
Originally Posted by darkjedimaster:
“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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