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Now Adams has gone into Administration who is next? |
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#1326 |
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Join Date: Oct 2008
Posts: 2,068
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I used to quite like going to Ed's before taking a train up north from Euston. There are lots of places to eat at Euston but most of them are either crap or takeaway places.
Went to the Gino D'Acampo place last time. Won't be making that mistake again. |
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#1327 |
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Join Date: Feb 2011
Location: Warwickshire
Posts: 8,093
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Not surprised with Eds going under. Hubby and I went into one ince and thought it was overpriced for what it was. Shame to see those lose their jobs especially this time of year
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#1328 |
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Join Date: Nov 2001
Location: Central Belt
Posts: 12,277
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Quote:
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. But they get lots of business at rail stations and airports for confectionery, crisps and soft drinks because they are so conveniently placed after people who are very thirsty and hungry get off the trains and planes and before they get on the trains and planes, and they are the only shop at the station that sells such stuff. They can afford to charge so much more at these places. For newspapers, magazines and TV papers, Smith's can't charge more than the price shown on the papers and mags, so they can't make an extra big profit on those. And not selling well on confectionery, crisps and soft drinks in High Street stores, they have been forced to close High Street stores left right and centre. |
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#1329 |
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Forum Member
Join Date: May 2012
Posts: 21,729
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Not that surprised about Ed's. The premium burger market is over saturated and there are a lot better out there than Ed's. Byron is a lot, lot better.
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#1330 |
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Forum Member
Join Date: Jan 2013
Posts: 760
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Quote:
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. You might hear about how it only costs something like 30p to make a coffee but that is for the raw materials like the coffee beans but you need someone to make the coffee at £7.20 per hour, a coffee bean grinder (around £300), high capacity coffee machine making 3 cups per cycle (around £4,000) plus maintenance and water and electric those things need to be added to the 30p Many restaurants at lunch time cost around £2 per minute in staff costs so when you buy a lunch deal for £3 they need to be selling at least 2 lunch deals in 3 minutes just to cover staff costs |
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#1331 |
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Forum Member
Join Date: Jan 2013
Posts: 760
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Quote:
Their High Street stores were expensive enough for confectionery, crisps and soft drinks, yet they are even more expensive at rail stations, hospitals, motorway service stations and hospitals.
But they get lots of business at rail stations and airports for confectionery, crisps and soft drinks because they are so conveniently placed after people who are very thirsty and hungry get off the trains and planes and before they get on the trains and planes, and they are the only shop at the station that sells such stuff. They can afford to charge so much more at these places. For newspapers, magazines and TV papers, Smith's can't charge more than the price shown on the papers and mags, so they can't make an extra big profit on those. And not selling well on confectionery, crisps and soft drinks in High Street stores, they have been forced to close High Street stores left right and centre. |
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#1332 |
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Forum Member
Join Date: Apr 2012
Posts: 5,444
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Quote:
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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#1333 |
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Forum Member
Join Date: Oct 2011
Location: The Nth East
Posts: 21,590
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#1334 |
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Forum Member
Join Date: May 2003
Location: The Green Hills of Earth
Posts: 80,437
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Sad to see Ed's in Crawley shut up.
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#1335 |
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Forum Member
Join Date: Oct 2003
Location: Great Britain
Posts: 32,514
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American Apparel the latest casualty:
American Apparel shuts 12 of its 13 UK stores with loss of 150 jobs https://www.theguardian.com/business...administration |
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