Money, investing, mutuals etc
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pabenny
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by pabenny » Fri Oct 25 2019 7:41am
Clearly job-losses are never good news. But the trouble with a headline like that (85,000 retail jobs lost) is that it's completely lacking in context.
How many people are employed in retail? 2.9m, so this big-sounding number is about 3%.
What about jobs created? Some retailers are expanding
What about all the extra jobs in fulfilment? Amazon et al don't back and deliver with robots
Are these full-time or part-time jobs? It's much less of a deal if they're all Saturday students
etc.
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BeautifulSunshine
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by BeautifulSunshine » Fri Oct 25 2019 7:42am
Boro Boy wrote: ↑Thu Oct 24 2019 11:02pm
That must have been a close shave...
Below the belt.
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BeautifulSunshine
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by BeautifulSunshine » Sat Nov 02 2019 11:03pm
It'll take more than a VAT rise to save the High Street. What we need is a level playing field with online retailers.
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pabenny
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by pabenny » Sun Nov 03 2019 9:28am
AAAlphaThunder wrote: ↑Sat Nov 02 2019 11:03pm
It'll take more than a VAT rise to save the High Street. What we need is a level playing field with online retailers.
You mean having a limited range in most stores, no cashback, having to go the retailer premises to place order (wherever that may be), restricted hours (no ordering while watching Hollyoaks), etc..
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pabenny
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by pabenny » Sun Nov 03 2019 9:31am
With respect, Mr Boro Boy, that article is nearly three years old, and refers to the US - where online shopping is a lower share of the total than here. There are almost no stores being opened here by online-only retailers.
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Boro Boy
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by Boro Boy » Sun Nov 03 2019 1:26pm
pabenny wrote: ↑Sun Nov 03 2019 9:31am
With respect, Mr Boro Boy, that article is nearly three years old, and refers to the US - where online shopping is a lower share of the total than here. There are almost no stores being opened here by online-only retailers.
Agreed but it does highlight a trend and what happens in the States eventually finds its way here... I beleive Amazon is already planning this in London, certain stores here are going cash free which although not online is another trend. The widest trend is the Amazon Lockers which are placed in prominent positions like stations etc so that purchases can click and collect their items from them without human contact, this again is enhanced with Amazons link up with Argos where you can now click and collect your Amazon purchase... Trends or the future?
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pabenny
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by pabenny » Sun Nov 03 2019 4:31pm
Click and collect is definitely a trend, not least because it's lower cost for retailers. In fact I'm surprised that the delivery companies aren't developing a shared locker network.
Are you sure about amazon linking up with Argos?
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