What company is next to go bust?

Solari said:
I'd have thought these would be OK as people tightening the purse strings will prefer to drink at home rather than pay pub prices?
Click to expand...

If you're watching the pennies, you go to the supermarket for your booze, not the off licence.

As for next to go, probably one of the DIY chains, or possibly house of fraser depending on how bad their christmas was given that their owners are already in trouble.
 
Think its a bit unfair slating pc world/currys for being overprices. You do get bent over for 'essentials' such as cables but other stock is fairly reasonably priced considering they have to run the stores as well, working as a christmas temp there and sales have taken a hit.
Debenems in Lincoln was turning over 800k a day during the 20% sale so they should be doing ok!
 
Dolph said:
As for next to go, probably one of the DIY chains, or possibly house of fraser depending on how bad their christmas was given that their owners are already in trouble.
Click to expand...

Probably not a bad guess. But it wouldn't surprise me if there are a few, er... surprises. So much of the world these days relies upon a 'just in time' system for their financial survival, and predictable cashflow is what drags them from week to week.

So behind the scenes even apparently successful companies might be floating very close to the edge... especially those (and there are far too many) who have taken on a lot of debt in recent years.

Whatever happens, the next few months will be fascinating (in a gruesome kind of way) for anyone keeping an eye on economic circumstances.

Andrew McP
 
dovey said:
Think its a bit unfair slating pc world/currys for being overprices.
Click to expand...

I never shop there, but I agree that PCW etc have a bit of an unfair reputation. If you want something, and you want it today, then there will be... *should* be a premium. Running those big stores doesn't come cheap, and comparing their prices with online etailers isn't really fair.

While I personally wouldn't miss PCW, Currys, or Dixons, I think we (as hardware enthusiasts gathered on a site like this) probably underestimate the role such stores play in the overall market.

Andrew McP
 
Andrew_McP said:
I never shop there, but I agree that PCW etc have a bit of an unfair reputation. If you want something, and you want it today, then there will be... *should* be a premium. Running those big stores doesn't come cheap, and comparing their prices with online etailers isn't really fair.
Click to expand...

Double the price to get something less than 24 hours sooner is not a premium I am willing to pay that's for sure. Curries were selling a 5 year warranty for more than my tv is even worth now! And £20 for usb cables is maddness, and none of it would be so bad if there wasn't the illegal misselling of products that we have all experienced there!
 
mrk1@1 said:
Why is everyone so happy about these places potentially going. Makes it a lot harder to find and buy household stuff if the big players go.
Click to expand...

Energize said:
How so when you have instant access to a much wider range of products at half the price from your keyboard?
Click to expand...

I will not buy TV's off the internet. The amount of problems I have had with damage and dead pixels and then trying to get them returned. No thanks.

I walk into a shop once I've researched the best price, haggle on the tv and then ask for the one I'm taking to be set up before I go home. The last TV I bought they had to power 3 up before I found one completely dead pixel free.

That would have been a nightmare online. Doing research I can often get them down to be the cheapest or price match anyway.
 
lowrider007 said:
Agreed !, I've been 'ushered' out of a few of those stores before for convincing customers not to buy a PC from them, it's just sometimes I see an innocent looking family soaking up all the crap a sales rep is telling them like "yes this will play all the latest games fine" etc when it has a GeForce 7400LE or similar is inside the box, makes me mad, sometimes I just have to go over and try to convince these people that their getting ripped off, it should be illegal for the sales rep's of these stores to misrepresent the systems that their selling, they are basically conning innocent people that don't understand the technology out of thousands of pounds.
Click to expand...
Don't you have better things to do? That is pretty bad.
 
dannyjo22 said:
I will not buy TV's off the internet. The amount of problems I have had with damage and dead pixels and then trying to get them returned. No thanks.

I walk into a shop once I've researched the best price, haggle on the tv and then ask for the one I'm taking to be set up before I go home. The last TV I bought they had to power 3 up before I found one completely dead pixel free.

That would have been a nightmare online. Doing research I can often get them down to be the cheapest or price match anyway.
Click to expand...

Dead pixels don't bother me as the human eye cannot distinguish them when you are sitting at the correct viewing distance. ;) Let me know when you find a shop that actually price matches these days, because none of the ones I mentioned do.
 
Energize said:
Let me know when you find a shop that actually price matches these days, because none of the ones I mentioned do.
Click to expand...

I have never had a problem with it. One store will match it and give you a free 5 year warranty. I've had them match prices on TV's which offer a one year warranty that have been a couple hundred cheaper and then get the 5 year warranty as well.

The rest of the stores on the highstreet I've never had a problem with them coming down to get near a price I've seen elsewhere on TV's, washing machines etc. As I've said with TV's I'd be happy to pay £20 or £30 more anyway to be able to test the set instore.
 
Duke said:
Don't you have better things to do? That is pretty bad.
Click to expand...

What than stopping people from getting ripped off ? and recommending that they can get much better deals on-line, often I refer them to this place and a few that I've kept in contact with have thanked me for it, look I know where the line is, I'm not going to for example run over to someone and say "look you can save £5 on that HDD of you buy on-line because that would be silly,

But when I see a family being suckered into spending a grand+ on a crap prefabricated machine that is sub-standard in build quality, has only 1 year warranty on the system as a whole and is voided if you take the case off, and doesn't perform like the sales rep said it would, then yes occasionally I will go over and explain to these people that there are much better stores on-line that other a better service for less the price and with better components in their systems and each and every component is independently guaranteed.
 
Last edited:
Dixons, Pc World and Argos are who I think will be the next to go down, as according to my mum who has to deal with such matters they are not in good shape at all. Cant say I'd be pleased to see them go, always useful to be able to get stuff straight away rather than having to wait even if it is more expensive
 
It's all well and good saying go and buy stuff online for cheaper, and let these big stores go bust,
What's the point in buying online then paying £100 quid to get a washing machine delivered,
When you can collect in store have it that day and have a much better warranty for the same price as a dodgy online store inc delivery.
 
TiZoR said:
It's all well and good saying go and buy stuff online for cheaper, and let these big stores go bust,
What's the point in buying online then paying £100 quid to get a washing machine delivered,
When you can collect in store have it that day and have a much better warranty for the same price as a dodgy online store inc delivery.
Click to expand...

I agreed with that up to the point you mentioned a better warranty - the warranties you get at places like currys are stupidly overpriced and have more clauses than santa's family party!
 
Andrew_McP said:
I never shop there, but I agree that PCW etc have a bit of an unfair reputation. If you want something, and you want it today, then there will be... *should* be a premium.
Click to expand...


What garbage is this?

They run a shop so SHOULD charge over and above the odds and profiteer wildly from the ignorant and ill informed?

No, they run a shop and should charge a fair and competitive price for their goods.
If they did that, and heres the clever part, they would sell more stuff, attract more customers, build a better reputation, make more money and therefore, and this is the cleverest part of all, stay in business.

Not noticed who has gone bust recently?
Those that follow the PC world philosophy thats who.
 
Nickg said:
Somerfield sell Maryland cookies for £1 a roll. Asda sell them for 37p (im talking plain, choc chip and hazel chip).

thats why i want somerfield to go under.
Click to expand...

Somerfield is more a convenience supermarket, we have one in the village and the nearest Tesco/Asda is 5 miles away so its ok for picking things up.

You really cant compare the buying power of Asda-Walmart to Somerfield.
 
You must log in or register to reply here.
Back
Top Bottom