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House of Fraser in trouble...
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Old 28-12-2018, 11:42   #196
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Re: House of Fraser in trouble...

Quote:
Originally Posted by heero_yuy View Post
Probably one of the more vulnerable brands to on-line and downloads.

My grandfather used to work for EMI (records) in Hayes. The original owners of the HMV brand.
Not totally surprised. When Hilco bought HMV out of administration, they made much of how they had turned around the Canadian HMV chain with a winning formula which they could apply to the UK. However, the Canadian chain has since closed so they obviously didn't.
Hilco now owns Homebase so I suspect they will focus on trying to make that work. HMV has franchises in other countries like Hong Kong so I expect these will continue even if the UK stores all close.
Heero, you've probably seen this, this is how EMI Hayes is looking like now. http://www.theoldvinylfactory.com/
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Old 02-01-2019, 21:22   #197
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Re: House of Fraser in trouble...

Another one bites the dust

Greenwoods falls into administration 18 months after previous collapse
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Old 02-01-2019, 21:25   #198
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Re: House of Fraser in trouble...

Sadly Andrew the next few weeks are going to reveal more High Street casualties.
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Old 03-01-2019, 11:59   #199
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Re: House of Fraser in trouble...

There needs to be a fundamental reconfiguration of how high streets are used (by this i mean smaller towns, not so much large city centres where a lot of these already in place)

Stores need to adjust their opening hours the 9-5:30 just doesn't work for the majority of consumers. Moving to a continental approach may help.
More residential accommodation directly in town centres.
Car parking charges need to be heavily reduced.
willing and helpful store assistants
To name but a few.

there are certain things I will always visit a place physically to buy such as large electrical appliances etc.

HMV is a prime example of an overpriced and archaic business model that justifiably has gone to the wall. The fact is they had a streaming service in place before Spotify but failed to recognise or maximise it's potential.

Greenwoods was a place I visited when I was looking for my wedding suit hire (almost 2 years ago now ) Poor selection, poor quality & poor service. Instead went to Moss Bros and got far superior in every way. Now, if the Greenwoods experience i received extrapolates then it's unsurprising the way it has gone.
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Old 03-01-2019, 12:18   #200
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Re: House of Fraser in trouble...

Add on to that there needs to be a complete rethink of the current business rate system plus landlords need to be far more flexible then they currently are.
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Old 23-01-2019, 11:18   #201
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Re: House of Fraser in trouble...

Quote:
Quote from The Sun:


Cake chain Patisserie Valerie has collapsed into administration, putting more than 3,000 jobs at risk.

The firm said discussions with its lenders HSBC and Barclays to extend a standstill agreement on its debts had failed, leaving it with no option but to appoint KPMG as administrator.

KPMG said that it would continue to trade 121 out of 200 stores, but added that 70 cafes and concessions would close over the next few days, resulting in a "significant number" of redundancies.

Blair Nimmo, head of restructuring at KPMG and joint administrator, added: "Our intention is to continue trading across the profitable stores, as collectively the brands have a strong presence on the high street and have proven very popular with consumers.
With the current craze for baking they must have something wrong there.
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Old 23-01-2019, 11:22   #202
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Re: House of Fraser in trouble...

Quote:
Originally Posted by heero_yuy View Post
With the current craze for baking they must have something wrong there.
Too expensive is one reason and l am sure there are many other reasons as to why it collapsed.
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Old 23-01-2019, 11:27   #203
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Re: House of Fraser in trouble...

Correct, serious and extensive fraud by some directors allegedly
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Old 23-01-2019, 14:38   #204
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Re: House of Fraser in trouble...

Cake chain Patisserie Valerie . . . never heard of them to be honest, doubt I'd have shopped there if I had
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Old 24-01-2019, 13:31   #205
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Re: House of Fraser in trouble...

The one here is always full of young, middle eastern men, and they seem to scare other clients away just by their presence.
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Old 24-01-2019, 17:08   #206
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Re: House of Fraser in trouble...

The one in Leeds City Centre was always busy, with a very varied clientele.
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Old 27-01-2019, 14:31   #207
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Re: House of Fraser in trouble...

Thousands of Tesco jobs at risk as bosses look to axe fresh food counters.

https://www.theguardian.com/business...-food-counters

Quote:
The latest plan reportedly involves the closure of meat, fish and delicatessen counters as well as downgrading in-store bakeries. Staff canteens are also to be replaced with vending machines, according to the Mail on Sunday, with suggestions of up to 15,000 jobs at risk.
Quote:
“These counters don’t contribute a lot to sales but the shoppers who do use them typically spend more and are more loyal,” said Roberts. “It’s part of the aura of being a fresh food grocer and you lose something if you take them away.”
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Old 27-01-2019, 16:07   #208
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Re: House of Fraser in trouble...

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Originally Posted by denphone View Post
Thousands of Tesco jobs at risk as bosses look to axe fresh food counters.

https://www.theguardian.com/business...-food-counters

I'm sure when people can't buy meat & 2 veg at Tescos it will be the fault of Brexit.

Cheap TV's & laptops to go next?
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Old 27-01-2019, 16:29   #209
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Re: House of Fraser in trouble...

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Originally Posted by Carth View Post
I'm sure when people can't buy meat & 2 veg at Tescos it will be the fault of Brexit.

Cheap TV's & laptops to go next?
Don't go Tesco much but getting rid of fresh food counters , etc , etc will backfire on them but one thing it might do is potentially we might see the rise of the specialist small shop in some areas again which would be a good thing in my opinion.
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Old 27-01-2019, 16:38   #210
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Re: House of Fraser in trouble...

Quote:
Originally Posted by denphone View Post
Thousands of Tesco jobs at risk as bosses look to axe fresh food counters.

https://www.theguardian.com/business...-food-counters
Well I no longer but meat from the supermarket. I go to my village high street butcher and buy exactly the amount I want rather than buy a pack that contains more than I actually want or need.I also support my local baker,fishmonger and greengrocer where I buy exactly what I want.A bit more expensive but as I walk there I save on petrol.
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