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- 40 stores to close... (part 4)
I realise change is inevitable but it is still sad to see the demise of these familiar old high street stalwarts …Sarah wrote: ↑Sat Jan 04 2020 9:46pmThis might sound familiar - HMV announce store closures; also Debenhams begin their closures:
https://news.sky.com/story/hmv-and-debe ... s-11901257
Deja vu.Sarah wrote: ↑Sat Jan 04 2020 9:46pmThis might sound familiar - HMV announce store closures; also Debenhams begin their closures:
https://news.sky.com/story/hmv-and-debe ... s-11901257
Yes and no. Who actually misses Woolworths, Stead and Simpson or Littlewoods as somewhere to shop? They closed because, whatever their former strengths they had been outclassed by other stores that did the same thing better. We mostly took our wallets and purses to Wilko, Tesco, Primark, etc.Boro Boy wrote: ↑Sun Jan 05 2020 12:04amI realise change is inevitable but it is still sad to see the demise of these familiar old high street stalwarts …Sarah wrote: ↑Sat Jan 04 2020 9:46pmThis might sound familiar - HMV announce store closures; also Debenhams begin their closures:
https://news.sky.com/story/hmv-and-debe ... s-11901257
Indeed, survival of the fittest.pabenny wrote: ↑Wed Jan 08 2020 8:39amYes and no. Who actually misses Woolworths, Stead and Simpson or Littlewoods as somewhere to shop? They closed because, whatever their former strengths they had been outclassed by other stores that did the same thing better. We mostly took our wallets and purses to Wilko, Tesco, Primark, etc.Boro Boy wrote: ↑Sun Jan 05 2020 12:04amI realise change is inevitable but it is still sad to see the demise of these familiar old high street stalwarts …Sarah wrote: ↑Sat Jan 04 2020 9:46pmThis might sound familiar - HMV announce store closures; also Debenhams begin their closures:
https://news.sky.com/story/hmv-and-debe ... s-11901257
Or survival of the best funded perhaps...AAAlphaThunder wrote: ↑Wed Jan 08 2020 11:40amIndeed, survival of the fittest.pabenny wrote: ↑Wed Jan 08 2020 8:39amYes and no. Who actually misses Woolworths, Stead and Simpson or Littlewoods as somewhere to shop? They closed because, whatever their former strengths they had been outclassed by other stores that did the same thing better. We mostly took our wallets and purses to Wilko, Tesco, Primark, etc.
Is that not the same thing and just a play on words?Boro Boy wrote: ↑Wed Jan 08 2020 12:23pmOr survival of the best funded perhaps...AAAlphaThunder wrote: ↑Wed Jan 08 2020 11:40amIndeed, survival of the fittest.pabenny wrote: ↑Wed Jan 08 2020 8:39amYes and no. Who actually misses Woolworths, Stead and Simpson or Littlewoods as somewhere to shop? They closed because, whatever their former strengths they had been outclassed by other stores that did the same thing better. We mostly took our wallets and purses to Wilko, Tesco, Primark, etc.
Companies can have weak balance sheets and over stretched with loans yet survive as their banks continue to provide funds. Yet companies with stronger balance sheets continue to fail. Cash flow is king - thought you'd know that.William Joseph1 wrote: ↑Wed Jan 08 2020 12:27pmIs that not the same thing and just a play on words?
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