HMV Finally closing down for good?

Perhaps HMV should Merge with Game, although does state digital has marginally better growth than physical.

https://www.bbc.co.uk/news/technology-46746593
Game are hardly on stable fiscal foundations are they? Recipe for disaster that one!

I like my local Game store, good bunch of guys - and girl - but when it comes to buying games for my PC I’ve got Origin, Steam and all the others, their selection of PC games is woeful.

Not to mention CD keys are usually far cheaper.
 
Yet Amazon is now looking into opening physical stores.

The argument is that HMV could have invested in an online business years ago, that might have been able to save the company, not necessarily every high street store.

Online isn't the saving grace some seem to think it is either, plenty of large retailers have opted to wind-down their online retail/streaming services over the past few years. Sainsbury's got rid of their online Entertainment store years ago, and Tesco sold off their online streaming service Blinkbox and more recently closed Tesco Direct, choosing to focus on their online groceries offering instead.
 
Definitely not, but Jessops have suffered from people coming into the shop, looking at the goods, having the camera demonstrated to them by the sales advisor, sometimes spending an hour or more with the customer only for them to say 'thanks very much I'll make a decision later' then ordering from Amazon. There's a price to pay for being able to hold the thing, have it demonstrated to you and being able to try it out yourself. Something you can't do at Amazon.
They can be snarky all they want, but Jessops, like most high street stores in my town, brought everything on themselves. they're prices aren't just higher than Amazon etc, they're taking the ****. and it comes back to bite them. if they'd sold that camera at the same price, that customer would have walked out the shop w/ it.
HMV were just as bad, their high street prices for the last thing i looked at, a DVD box set of 24, was over 20% more in the shop than their own online store. and places like this throw a hissy when people stop buying from them, lol.
 
Mike Ashley was interviewed on Sky I think, for his thoughts on how to save the high street, he was pretty much bang on, and I hope his ideas are listened to and acted upon.

The Brits are truly lazier than other nations, the death of the high street is nowhere near as prevalent in our EU neighbours, however, the silly business rates, ludicrous parking charges, and unrealistic rents are a recipe for total disaster.

Who wants to live in a country with no vibrancy or community, with stuff just farmed out from faceless, frontless, windowless warehouses, what a rubbish way to end up.

As usual in the UK, the Government has absolutely ZERO vision, ZERO capability, ZERO ideas, and ZERO ambition to do anything about it until its beyond too late. It is incredible watching the decline, like a slow motion car crash, with the political class totally clueless and rudderless and unfit for purpose running this country into the ground.

All while almost every penny spent with stupid companies like Amazon leaves the country for good. Brits are committing a slow commercial suicide, and you'd think with the "patriotism" of Brexit, people would wake up, smell the non-highstreet american chain coffee, and flipping support BRITISH companies who pay tax into the BRITISH tax system, but its all "I CAN SAVE £2 and not have to leave my sofa, YAY", then 20 years later.. "OH WHERE ARE ALL THE SHOPS?! My town is a ****-hole now!!"

All far too predictable.

You can't fight evolution.

Shops don't really make a town imo.
I'm very glad on online. Makes living in countryside much easier in regards to shopping.
 
Game are hardly on stable fiscal foundations are they? Recipe for disaster that one!

I like my local Game store, good bunch of guys - and girl - but when it comes to buying games for my PC I’ve got Origin, Steam and all the others, their selection of PC games is woeful.

Thats because most PC games are Steam and the boxes come with a key that can be used only once - unscrupulous sorts buy the boxes use the key then flog/return 'em to the stores, then the customers complain about a missing key/doesn't work, the staff are usually clueless about things like this

Game online isn't bad picked up some decent stuff from there, high street stores are onto a losing game though.

They're still way better than CEX though - went into one of those saw a nice DS3 controller at a very reasonable price asked for it but instead of that went into the back of the store picked out the filthiest looking half working example out of a box of old ones and handed that to me - looked like it was still half covered in the dried on snot of the last kiddie who used it - never again.

Definitely not, but Jessops have suffered from people coming into the shop, looking at the goods, having the camera demonstrated to them by the sales advisor, sometimes spending an hour or more with the customer only for them to say 'thanks very much I'll make a decision later' then ordering from Amazon. There's a price to pay for being able to hold the thing, have it demonstrated to you and being able to try it out yourself. Something you can't do at Amazon.

I think I must have been one of the first about 15 years ago bought a camera in there then realized it was a lot cheaper online so returned it for a refund - the look on the assistants face I don't think I'll ever forget, surprise doesn't even cover it... still feel guilty about that.

They can be snarky all they want, but Jessops, like most high street stores in my town, brought everything on themselves. they're prices aren't just higher than Amazon etc, they're taking the ****. and it comes back to bite them. if they'd sold that camera at the same price, that customer would have walked out the shop w/ it..

Except they can't because they have to pay staff wages, heating, lighting, and absorbitant council tax rates and high street rents etc. Amazon are one warehouse pay bargain basement wages to what little staff they have and farm their tax expenses overseas.
 
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They can be snarky all they want, but Jessops, like most high street stores in my town, brought everything on themselves. they're prices aren't just higher than Amazon etc, they're taking the ****. and it comes back to bite them. if they'd sold that camera at the same price, that customer would have walked out the shop w/ it.
HMV were just as bad, their high street prices for the last thing i looked at, a DVD box set of 24, was over 20% more in the shop than their own online store. and places like this throw a hissy when people stop buying from them, lol.
Being that Jessops have much higher overheads compared to Amazon and likely less buying power as well what makes you think they'd be able to sell at the same price as Amazon?
 
Aren't most HMV stores like well in excess of the average footage of a Game store?

The HMV in my old home town used to span across 4 floors, it was a whopping store considering most of the things they sold were things you could carry in 1 hand. Ground floor was literally console games, and latest DVD's, second floor had the rest of the DVD's stock, third floor had CD's, and fourth floor had vinyl's and posters :p.

Back when people used to buy DVD's/CD's/Vinyl's the store probably turned a nice tidy profit despite the rent it used to cost them.
 
Being that Jessops have much higher overheads compared to Amazon and likely less buying power as well what makes you think they'd be able to sell at the same price as Amazon?
Like or not, consumers don't care about your cost base or buying power. They care about whether they think they're getting a good deal. If Jessops do nothing to justify the extra cost, people will go elsewhere.
 
Plus I suspect many leases have limitations upon what a shop can sell, so for example, HMV stores couldn't easily start setting up coffee shops in each of their stores.

Coffee stores does seem to be where it's at these days.

I always see people complaining about the selections of shops on high streets and moaning that there's always coffee shops there etc, but whenever i've gone shopping and fancied stopping for a coffee, you can never get a bloody seat.

The British absolutely love a coffee, so would seem to be a great way to lure people into your shops.
 
Coffee stores does seem to be where it's at these days.

I always see people complaining about the selections of shops on high streets and moaning that there's always coffee shops there etc, but whenever i've gone shopping and fancied stopping for a coffee, you can never get a bloody seat.

The British absolutely love a coffee, so would seem to be a great way to lure people into your shops.

How many are actually spending money though versus say buying 1 drink and hogging a table for an hour?
 
They can be snarky all they want, but Jessops, like most high street stores in my town, brought everything on themselves. they're prices aren't just higher than Amazon etc, they're taking the ****. and it comes back to bite them. if they'd sold that camera at the same price, that customer would have walked out the shop w/ it.
HMV were just as bad, their high street prices for the last thing i looked at, a DVD box set of 24, was over 20% more in the shop than their own online store. and places like this throw a hissy when people stop buying from them, lol.

Being that Jessops have much higher overheads compared to Amazon and likely less buying power as well what makes you think they'd be able to sell at the same price as Amazon?

It's the lack of understanding why everyone can't just match Amazon that surprises me. Throw in the volume Amazon sell at mean they can bring their markup right down to next to nothing if they need.

Like or not, consumers don't care about your cost base or buying power. They care about whether they think they're getting a good deal. If Jessops do nothing to justify the extra cost, people will go elsewhere.

Yeah, of course, but you shouldn't be in a shop expecting them to be the same price as Amazon. All you get with a shop these days is you can literally walk out with the product then and there. That can be a massive plus if you realise you need something in a big hurry. Even then, Amazon is bringing delivery times down and down.
 
It's the lack of understanding why everyone can't just match Amazon that surprises me. Throw in the volume Amazon sell at mean they can bring their markup right down to next to nothing if they need.



Yeah, of course, but you shouldn't be in a shop expecting them to be the same price as Amazon. All you get with a shop these days is you can literally walk out with the product then and there. That can be a massive plus if you realise you need something in a big hurry. Even then, Amazon is bringing delivery times down and down.

Which is why the shops are failing, they really bring very little vs. Amazon. With Amazon I could look at a camera in the morning and it'll be with me later that day, worst case tomorrow (and I don't live in a city).
 
How many are actually spending money though versus say buying 1 drink and hogging a table for an hour?

That maybe so, but at least having Costa/Starbucks/Cafe Nero etc in a small part of your massive store can help contribute to the rental costs.

Companies love having big flagship style stores versus some dinky little thing they have to wedge all their stock into, unfortunately that luxury comes with a hefty rental tag.
 
Online isn't the saving grace some seem to think it is either, plenty of large retailers have opted to wind-down their online retail/streaming services over the past few years. Sainsbury's got rid of their online Entertainment store years ago, and Tesco sold off their online streaming service Blinkbox and more recently closed Tesco Direct, choosing to focus on their online groceries offering instead.

Yup, they still maintain their groceries business. HMV's core business is music (and films/games), they could have moved into the online space back when Amazon was just selling books.

I doubt that being slow to adapt has helped their business. Sure they might well have found that they weren't great at adapting to online etc.. regardless - we'll never know, it could have gone in all sorts of directions but I suspect that by not reacting to changes in the market they quickened their decline.
 
In a few years none of these stores will really exist at all. Games are mostly going digital and there's talk that the next gen of consoles may well not have an optical drive, music, movies etc are all easier to get online as well.
 
Oh dear. This is what I mean...

They can... or more accurately, they could. Now these online shops come along with lower overheads so they can charge less for things, hence their problem. (Jessops started in 1935. Are you suggesting he shouldn't have bothered with a sales model that couldn't compete with a new sales model coming 60 years later?)

Is it that complicated? Why don't people get this? Is it just the youngsters that don't get it? The ones that have only ever really had shopping online as an option perhaps?
 
Oh dear. This is what I mean...

They can... or more accurately, they could. Now these online shops come along with lower overheads so they can charge less for things, hence their problem. (Jessops started in 1935. Are you suggesting he shouldn't have bothered with a sales model that couldn't compete with a new sales model coming 60 years later?)

Is it that complicated? Why don't people get this? Is it just the youngsters that don't get it? The ones that have only ever really had shopping online as an option perhaps?

Except it's rather obvious that you plan for the future and not the past, only morons plan for the past thinking it will continue to provide for them. Sears had every ability to be the Amazon of the 90s with their catalog model being pretty much perfect for an online store, but they chose to ignore the future and are now dead in the water because of it.

The fact is that if the writing is on the wall, you change no matter the consequence to your old market/model, because at least a reduced market temporarily is preferable to complete annihilation once a new player gobbles up any potential future consumer you might have yourself had.

Change or die, period. It's not the consumers fault for chasing a better experience/deal, it's the companies unwilling to change to meet consumer demands.
 
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