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40 Stores to close... (part 5)

Posted: Sat May 23 2020 10:43pm
by Boro Boy

Re: 40 Stores to close... (part 5)

Posted: Sun May 24 2020 8:43am
by planteria
another one BB.. we're going to see a lot of businesses going under in the coming weeks and months now.
the lockdown has been a hibernation period, but the desire/expectation to reopen is going to do the real damage.

Re: 40 Stores to close... (part 5)

Posted: Sun May 24 2020 8:56am
by Richard Frost
Not applicable to the UK
A Hertz spokesman told Sky News the bankruptcy claim only concerns its US and Canada operations.
However I do not disagree with the assessment by planteria.

Re: 40 Stores to close... (part 5)

Posted: Sun May 24 2020 9:54am
by blythburgh
This is an American thing that means you can hopefully avoid bankruptcy. Trump has used it more than once meaning he kept his businesses afloat and his money intact. Sadly the little businesses and the little people he owed money to were not able to do the same. So the rich benefit from this and the poorer suffer so I hope it does not come here

Re: 40 Stores to close... (part 5)

Posted: Sun May 24 2020 11:54am
by planteria
that's not an accurate/fair description of the facts.

Re: 40 Stores to close... (part 5)

Posted: Sun May 24 2020 12:25pm
by Chadwick
Not a store, but Lonely Planet Magazine has published its last issue this month.

I guess it's due to a combination of reduced sales (no-one's travelling), reduced advertising revenue, and the difficulties of producing first-hand content about travel destinations. I suspect there may have been underlying pre-existing difficulties too, that made it impossible (or uneconomical) to adapt and stay afloat. Other travel magazines are still publishing (eg. National Geographic Traveller and Sunday Times Travel).

Re: 40 Stores to close... (part 5)

Posted: Sun May 24 2020 1:38pm
by planteria
wasn't aware of that Chadwick.. people are looking at tablet's, or more likely their phones, for travel information, feedback and articles nowadays. another small part of the big ongoing trend.

Re: 40 Stores to close... (part 5)

Posted: Fri Jun 05 2020 9:39pm
by Boro Boy
They just didn't get enough support: https://www.msn.com/en-gb/money/news/vi ... d=msedgntp

Re: 40 Stores to close... (part 5)

Posted: Sat Jun 06 2020 8:40am
by planteria
tres bien..

Re: 40 Stores to close... (part 5)

Posted: Mon Jun 08 2020 10:32am
by pabenny
Boro Boy wrote:
Fri Jun 05 2020 9:39pm
They just didn't get enough support: https://www.msn.com/en-gb/money/news/vi ... d=msedgntp
That's Victoria's Secret, btw.