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House of Fraser in trouble...
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Old 28-01-2019, 21:27   #211
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Re: House of Fraser in trouble...

Oddbins set to go into administration (again)
https://www.bbc.co.uk/news/business-47034819
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Old 26-04-2019, 11:11   #212
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Re: House of Fraser in trouble...

Quote:
Quote from The Sun:


Debenhams has named 22 out of the 50 stores that it plans to close as part of a plan to save the chain.

The department store will start closing branches next year and 1,200 staff will be affected.

Stores in Canterbury, Chatham and Orpington are among the stores that are due to be closed.
Lenders took control of the struggling retailer earlier this month which wiped out the investments of shareholders, including Sports Direct billionaire Mike Ashley.
Store closure list and full story on red link. Looks like our one stays seeing as it's just had a makeover.
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Old 26-04-2019, 11:13   #213
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Re: House of Fraser in trouble...

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Originally Posted by heero_yuy View Post
Store closure list and full story on red link. Looks like our one stays seeing as it's just had a makeover.
And ours for the moment.
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Old 26-04-2019, 11:23   #214
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Re: House of Fraser in trouble...

Can't believe Debenhams is still going, better shops have gone to the wall. Hasn't moved with the times, and I always leave empty handed having wasted 10 mins of my life.... It wouldn't be out of place as the setting for that classic 70's sitcom 'Are you being served?'
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Old 26-04-2019, 14:14   #215
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Re: House of Fraser in trouble...

There's still another 28 closures not on the list that is published so ours may just have a stay of execution. I don't even remember the last time I went in there.
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Old 03-06-2019, 10:18   #216
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Re: House of Fraser in trouble...

Quote:
Quote from Sky News:


The American owner of Boots The Chemist is exploring the closure of hundreds of shops in the latest blow to Britain's crisis-hit high streets.

Sky News has learnt that Walgreens Boots Alliance (WBA) has placed more than 200 outlets under review for possible closure during the next two years.

Sources close to the company insisted on Tuesday that decisions had yet to be made about the stores under scrutiny, but acknowledged that a significant number were likely to be shut.
Full story on red link above.
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Old 03-06-2019, 10:49   #217
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Re: House of Fraser in trouble...

No real surprise with Boots. After all, what do they sell that cannot be bought in the supermarkets?
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Old 03-06-2019, 12:31   #218
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Re: House of Fraser in trouble...

Quote:
Originally Posted by nomadking View Post
No real surprise with Boots. After all, what do they sell that cannot be bought in the supermarkets?
Exactly and its much cheaper and then you increasingly have the big discounters like B&M's who are cheaper as well.
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Old 03-06-2019, 13:04   #219
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Re: House of Fraser in trouble...

Quote:
Originally Posted by nomadking View Post
No real surprise with Boots. After all, what do they sell that cannot be bought in the supermarkets?
Most supermarkets in my area don't have pharmacies in them so you have to go to a chemist like Boots for prescription drugs.
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Old 05-08-2019, 16:17   #220
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Re: House of Fraser in trouble...

Tesco to cut 4,500 jobs.

https://www.bbc.co.uk/news/business-49239916

Quote:
Supermarket giant Tesco says about 4,500 staff in 153 Tesco Metro stores are set to lose their jobs in the latest round of redundancies.

The UK's largest grocer said changes to the way the stores operated would "serve shoppers better" and help to "run our business more sustainably".
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Old 05-08-2019, 16:30   #221
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Re: House of Fraser in trouble...

The Tesco Metro near me is more expensive than the Mini Market right next door, it could close for all the good it does me.
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Old 05-08-2019, 16:40   #222
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Re: House of Fraser in trouble...

Quote:
Originally Posted by pip08456 View Post
The Tesco Metro near me is more expensive than the Mini Market right next door, it could close for all the good it does me.
There is a Tesco Metro two miles down the road from us which had a fire two years ago and because of rental disputes has still not reopened, l certainly cannot ever see it reopening now with the tough market conditions as they are..
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Old 05-08-2019, 23:10   #223
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Re: House of Fraser in trouble...

Quote:
Originally Posted by pip08456 View Post
The Tesco Metro near me is more expensive than the Mini Market right next door, it could close for all the good it does me.
If it closed down the Mini Market's prices are likely to go up due to reduced competition. So even if you don't shop at that Tesco Metro, it's probably doing you some good.

Meanwhile, HofF owner Sports Direct has bought another ailing retailer, Jack Wills.https://news.sky.com/story/sports-di...12-8m-11778180
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Old 06-08-2019, 00:20   #224
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Re: House of Fraser in trouble...

Quote:
Originally Posted by 1andrew1 View Post
If it closed down the Mini Market's prices are likely to go up due to reduced competition. So even if you don't shop at that Tesco Metro, it's probably doing you some good.

Meanwhile, HofF owner Sports Direct has bought another ailing retailer, Jack Wills.https://news.sky.com/story/sports-di...12-8m-11778180
I doubt it. The Mini Markets main competitor is the Nica store just up the road.
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Old 06-08-2019, 09:23   #225
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Re: House of Fraser in trouble...

Quote:
Quote from Reuters:
Baked potato chain Spudulike collapsed on Monday after a prospective buyer pulled out of a deal, resulting in the closure of all 37 outlets and the loss of 298 jobs, administrator Leonard Curtis said here.

Spudulike’s collapse marks the latest blow to Britain’s high street and follows celebrity chef Jamie Oliver’s restaurant chain going into administration in May, which left 1,000 people without jobs.

“We are now focusing on seeking any interest in the group’s remaining assets whilst managing the impact of the closures on former employees, helping them prepare and submit claims for any arrears of wages, statutory notice entitlement and redundancy pay,” joint administrator Neil Bennett said in a statement.
Staff had virtually no warning. That's pretty tough.
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