What company is next to go bust?

Domino effect. No-one outside of it is automatically unaffected by a company going bust, because the former employees aren't able to spend elsewhere\supplier contracts\etc etc.

High street retail is being hit hard in particular because people no longer have the resources or credit to spend on the (mostly) imported tat being sold. Unfortunately since it is a large segment of the economy, lots of jobs are disappearing along with it.
 
already do in my local towns, replaced with coffee shops and other trendy milkshake / smoothie / fruit drink places.

for the record i still think whsmiths. apart from woolies this is perhaps one of the ******** shops on the high street.

The Highstreet is going to look awfully empty in January !
 
for the record i still think whsmiths. apart from woolies this is perhaps one of the ******** shops on the high street.

By far the star performer of the year is newsagent WH Smith, up 8%. For the year to August, it posted a 15% hike in full year underlying profit that beat market forecasts. Recently, like-for-like sales at its high street stores have slipped but it was still in line with expectations.

Somebody likes them though :)
 
Somerfields

Pretty sure they've just been bought by/merged with the co-op.

Could be a few companies go in pre-packed administrations soon after the festive period. Basically a deal is agreed with a new buyer but the company goes into admin first, presumably to lessen the burden in terms of debts etc, and gets immediately bought by said buyer.
 
I know I mean last year the Glasgow store done a meagre £2million the week coming to xmas and it matched it again this year with all the mental sales they've been doin....they'll be fine ;)

That has almost nothing to do with how well the company is faring, as a whole. Debs are sinking.
 
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