Which retail store going be next to go ??
- Thread starter chaparral
- Start date
I just though thorntons were trying to shift from the high street to selling through other shops/Supermarkets?
Seems like the best plan for them.
Waterstones also have digital editions. Either way they bought out rivals and undercut independant shops, maybe getting a taste of their own medicine
Lots of big Name Gyms are in big trouble right now, not exactly high street but even so.
LA Fitness Fitness First and the recent problems with JJB, these places blew up over night and expanded like mad taking huge loans to cover them.
Wouldnt surprise me if some started to go.
LA Fitness Fitness First and the recent problems with JJB, these places blew up over night and expanded like mad taking huge loans to cover them.
Wouldnt surprise me if some started to go.
Soldato
- Joined
- 25 Sep 2009
- Posts
- 10,237
- Location
- Billericay, UK
Nobody has forgotten GAME it's been mentioned several times in this thread already but yes I think GAME will really struggle unless their new management team is lead by some business genius who reinvents the way we buy games.
The trouble with GAME is they never moved with the times, there's been a big shift to mobile gaming and all the while the traditional boxed market has been in decline. It's been a nearly a year since GAME were in administration and still they haven't moved with the times plus they have fewer stores now which means there buying power is less then what it was before they run into difficulties.
There's a number of gyms opened up in the last couple of years round here, most of them franchise operations. A couple have closed, even the bargain £10 a month ones keep changing owners.
At least companies like WH Smith don't have the massive rent overheads to cover.
Iv shopped ar Argos just last week was packed! Managed to furnish 70% of my apartment there. So cheap.
Soldato
- Joined
- 20 Feb 2010
- Posts
- 4,503
- Location
- Darkest Worcestershire
They are planning to go internet only (or just have a few big stores)
I doubt it.
Argos are investing heavily in shifting their business model from a catalogue led one to a digital business. They just posted pre tax profits of £76 million, £10 million higher than expected and their share price has jumped 12%.
Add to that the fact that Home Retaiol Group hs substantial ammount of cash in the bank instead of mountains of debt and I would say that they wont be going anywhere.
/Salsa
Soldato
- Joined
- 29 May 2005
- Posts
- 5,622
- Location
- West London
These bargain gyms are a blessing in disguise. Gymgroup are doing well, and have one near me. Tried it but hated it as it is full to the brim of people.
This means the more expensive but adequate council owned gym near me is now quieter with less idiots who walk around doing nothing
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
I think of all the suggestions in this thread the only credible ones seem to be some of the random furniture chains or Maplins. Everyone else seems to be just listing stores they don't personally like or buy from on the time honoured assumption that everyone else thinks like them.
Thorntons looked shakey, infact they may already have been through administration, but the current plan appears to be one of gradually changing into a coffee chain which sells chocolate and coffee chains are currently a significant growth market.
Clinton and GAME both went into administration last year as a result of massively excessive store portfolio. They've since emerged having been able to trim all the fat and should therefore be reasonably well place going forward.
Argos have significant cash reserves. The very fact people keep saying 'they are in big trouble!' despite the fact they are delivering above expectation profit kinda sums up the sentiment on here, people just seem to blurt out random stores with little attempt made to do any background research? I'm suprised nobody has said ADAPT OR DIE yet, or have they?
Waterstones? I do like the quaint idea that everyone has a Kindle so nobody uses bookshops but it certainly doesn't seem to be the case. If they were going to go they'd have gone before now - don't forget the high streets enemy Amazon was originally books only so they've been whethering competition from Amazon for 15 years now.
Thorntons looked shakey, infact they may already have been through administration, but the current plan appears to be one of gradually changing into a coffee chain which sells chocolate and coffee chains are currently a significant growth market.
Clinton and GAME both went into administration last year as a result of massively excessive store portfolio. They've since emerged having been able to trim all the fat and should therefore be reasonably well place going forward.
Argos have significant cash reserves. The very fact people keep saying 'they are in big trouble!' despite the fact they are delivering above expectation profit kinda sums up the sentiment on here, people just seem to blurt out random stores with little attempt made to do any background research? I'm suprised nobody has said ADAPT OR DIE yet, or have they?
Waterstones? I do like the quaint idea that everyone has a Kindle so nobody uses bookshops but it certainly doesn't seem to be the case. If they were going to go they'd have gone before now - don't forget the high streets enemy Amazon was originally books only so they've been whethering competition from Amazon for 15 years now.
It seems to me that waterstones would benefit from moving into the coffee / social environment more (I think they are to some extent). Apparently they make a cut of books sold while on the waterstons wi-fi. The problem is, who goes to waterstones to buy kindle books?? I think if waterstones had managed to get a deal where readers could read any book in its entirety if they were on the waterstones network (just like a real book), and put enough publicity in to it, they would be much more likely to convert kindle sales into actual book sales. People would be much more likely to visit if there was a place they could come to read more of a book without paying for it (without waterstones even having to stock the book), more likely to buy coffee / snack, more likely to buy books, more likely to buy incidental non-kindle appropriate material.
I would be much more likely to go there anyway.
I would be much more likely to go there anyway.
Last edited:
Iv shopped ar Argos just last week was packed! Managed to furnish 70% of my apartment there. So cheap.
yup as i said yesterday in newcastle both the argos stores whenever I have been in had atleast 2-4 people waiting at collections and the same amount paying at the till.
they must have a constant stream of customers and I doubt there overheads are massive
- Joined
- 9 Dec 2012
- Posts
- 1,457
Yep, thats what i think.
Soldato
- Joined
- 19 Jan 2006
- Posts
- 4,692
Really!? When was the last time you walked through town then? It's been there for a couple of years now, in the old "Yes!" shop, which in turn used to be the "Guernsey Press", opposite "Woodys" coffee shop.
Last edited:
Based on my limited town visits whilst gift shopping I was amazed that anyone at all ever shops at boots, their prices are unbelievable. The aftershave I got my brother was £8 cheaper in asda. £8 in £30 (£22 at asda) is over 25% more expensive - how is this even remotely competitive.
Not saying they will go but they should!
Not saying they will go but they should!
Soldato
- Joined
- 29 May 2005
- Posts
- 5,622
- Location
- West London
It's because of their Boots advantage card. It probably creates an impression that it's worth shopping there to get rewarded, and often you can stack vouchers and end up getting a decent whack of vouchers back. My girlfriend buys a lot of Clinique stuff and she waits until she has stackable triple points, 400 points extra etc and she ends up with a wad of points back. It's like landing a word on scrabble with multiple word and letter score
I think this is why Boots have done well.