40 stores to close... (part 4)

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Sarah
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Re: 40 stores to close... (part 4)

Post by Sarah » Sat Jan 04 2020 9:46pm

This might sound familiar - HMV announce store closures; also Debenhams begin their closures:
https://news.sky.com/story/hmv-and-debe ... s-11901257
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Boro Boy
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Re: 40 stores to close... (part 4)

Post by Boro Boy » Sun Jan 05 2020 12:04am

Sarah wrote:
Sat Jan 04 2020 9:46pm
This might sound familiar - HMV announce store closures; also Debenhams begin their closures:
https://news.sky.com/story/hmv-and-debe ... s-11901257
I realise change is inevitable but it is still sad to see the demise of these familiar old high street stalwarts … :eh:
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Re: 40 stores to close... (part 4)

Post by AAAlphaThunder » Mon Jan 06 2020 1:48pm

Sarah wrote:
Sat Jan 04 2020 9:46pm
This might sound familiar - HMV announce store closures; also Debenhams begin their closures:
https://news.sky.com/story/hmv-and-debe ... s-11901257
Deja vu.
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Re: 40 stores to close... (part 4)

Post by Boro Boy » Tue Jan 07 2020 5:52pm

Going, going and gone: the seemingly ever decreasing high street: https://news.education.investing.com/a- ... p19]=14761

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Re: 40 stores to close... (part 4)

Post by Sarah » Tue Jan 07 2020 7:12pm

That's 56 pages of clickbait yet they missed TSB!

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Re: 40 stores to close... (part 4)

Post by pabenny » Wed Jan 08 2020 8:39am

Boro Boy wrote:
Sun Jan 05 2020 12:04am
Sarah wrote:
Sat Jan 04 2020 9:46pm
This might sound familiar - HMV announce store closures; also Debenhams begin their closures:
https://news.sky.com/story/hmv-and-debe ... s-11901257
I realise change is inevitable but it is still sad to see the demise of these familiar old high street stalwarts … :eh:
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.

AAAlphaThunder
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Re: 40 stores to close... (part 4)

Post by AAAlphaThunder » Wed Jan 08 2020 11:40am

pabenny wrote:
Wed Jan 08 2020 8:39am
Boro Boy wrote:
Sun Jan 05 2020 12:04am
Sarah wrote:
Sat Jan 04 2020 9:46pm
This might sound familiar - HMV announce store closures; also Debenhams begin their closures:
https://news.sky.com/story/hmv-and-debe ... s-11901257
I realise change is inevitable but it is still sad to see the demise of these familiar old high street stalwarts … :eh:
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.
Indeed, survival of the fittest.
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Boro Boy
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Re: 40 stores to close... (part 4)

Post by Boro Boy » Wed Jan 08 2020 12:23pm

AAAlphaThunder wrote:
Wed Jan 08 2020 11:40am
pabenny wrote:
Wed Jan 08 2020 8:39am
Boro Boy wrote:
Sun Jan 05 2020 12:04am


I realise change is inevitable but it is still sad to see the demise of these familiar old high street stalwarts … :eh:
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.
Indeed, survival of the fittest.
Or survival of the best funded perhaps...

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Re: 40 stores to close... (part 4)

Post by Richard Frost » Wed Jan 08 2020 12:27pm

Boro Boy wrote:
Wed Jan 08 2020 12:23pm
AAAlphaThunder wrote:
Wed Jan 08 2020 11:40am
pabenny wrote:
Wed Jan 08 2020 8:39am
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.
Indeed, survival of the fittest.
Or survival of the best funded perhaps...
Is that not the same thing and just a play on words?

Boro Boy
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Re: 40 stores to close... (part 4)

Post by Boro Boy » Wed Jan 08 2020 12:38pm

William Joseph1 wrote:
Wed Jan 08 2020 12:27pm
Boro Boy wrote:
Wed Jan 08 2020 12:23pm
AAAlphaThunder wrote:
Wed Jan 08 2020 11:40am
Indeed, survival of the fittest.
Or survival of the best funded perhaps...
Is that not the same thing and just a play on words?
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. :wtf:

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