Re: House of Fraser in trouble...
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Re: House of Fraser in trouble...
Marks & Spencer has traditionally had a policy to keep loss-making stores open if it felt that closure would impact the area badly. The chief executive Steve Rowe said that he would review this policy hence some of the closures.
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Re: House of Fraser in trouble...
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Re: House of Fraser in trouble...
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If you spread the effort too thinly then you can't respond when the market taste changes. |
Re: House of Fraser in trouble...
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Re: House of Fraser in trouble...
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Re: House of Fraser in trouble...
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Re: House of Fraser in trouble...
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1) Closing the store but still paying the rent. 2) Renegotiating the rent. 3) Going into a CVA - effectively providing a chance to close the stores but not pay rent and renegotiate rent more easily. Another area to watch in the future betting shops and the impact the maximum spend of £2 on betting machines will have. Bookmakers claim 20,000 jobs. Maybe extreme but there will certainly be some closures. http://www.independent.co.uk/news/bu...-a7601646.html ---------- Post added at 11:48 ---------- Previous post was at 11:45 ---------- Quote:
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Re: House of Fraser in trouble...
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Re: House of Fraser in trouble...
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Unless you offer cheap goods people nowadays aren't interested, the word 'quality' will soon be removed from dictionaries :rolleyes: |
Re: House of Fraser in trouble...
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Re: House of Fraser in trouble...
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Re: House of Fraser in trouble...
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I guess so, seems a bit hit n miss to me, putting your trust in a few dodgy reviews and a couple of nice pictures :D I guess you can always return it for a refund if it's not as good as advertised though :) But yeah, online, that's the future of shopping and a further hit to the high street. I've been patiently waiting for retirement so I can shuffle around town with a shopping trolley - I could miss out on that one :rofl: |
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