40 stores to close... (part 4)

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

Post by Richard Frost » Sun Apr 05, 2020 3:57 pm

Cath Kidston to go into administration. Story here: https://www.bbc.co.uk/news/business-52172005

A spokesperson said it was part of an ongoing process to explore all options for the company which was in the middle of a turnaround plan before the global Covid-19 pandemic hit.

Cath Kidston employs 941 people, of which 820 have been furloughed under the government's employee payment scheme.
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Richard Frost
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Re: 40 stores to close... (part 4)

Post by Richard Frost » Sun Apr 05, 2020 4:00 pm

New Look delays supplier payments 'indefinitely' Story here: https://www.bbc.co.uk/news/business-52153183
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AAAlphaThunder
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Re: 40 stores to close... (part 4)

Post by AAAlphaThunder » Sun Apr 05, 2020 5:32 pm

It's going from bad to worse.
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Richard Frost
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Re: 40 stores to close... (part 4)

Post by Richard Frost » Sun Apr 05, 2020 5:37 pm

AAAlphaThunder wrote:
Sun Apr 05, 2020 5:32 pm
It's going from bad to worse.
Where is the surprise in that? All is as expected. Pointless statement! Like your infantile posts. it will get worse before it gets better.
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Chadwick
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Re: 40 stores to close... (part 4)

Post by Chadwick » Sun Apr 05, 2020 5:51 pm

Richard Frost wrote:
Sun Apr 05, 2020 5:37 pm
AAAlphaThunder wrote:
Sun Apr 05, 2020 5:32 pm
It's going from bad to worse.
Where is the surprise in that? All is as expected. Pointless statement! Like your infantile posts. it will get worse before it gets better.
I think AAA was talking about his posts.
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AAAlphaThunder
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Re: 40 stores to close... (part 4)

Post by AAAlphaThunder » Sun Apr 05, 2020 11:03 pm

Richard Frost wrote:
Sun Apr 05, 2020 5:37 pm
AAAlphaThunder wrote:
Sun Apr 05, 2020 5:32 pm
It's going from bad to worse.
Where is the surprise in that? All is as expected. Pointless statement! Like your infantile posts. it will get worse before it gets better.
Deeds will not be less valiant because they are unpraised.
Chadwick wrote:
Sun Apr 05, 2020 5:51 pm
Richard Frost wrote:
Sun Apr 05, 2020 5:37 pm
AAAlphaThunder wrote:
Sun Apr 05, 2020 5:32 pm
It's going from bad to worse.
Where is the surprise in that? All is as expected. Pointless statement! Like your infantile posts. it will get worse before it gets better.
I think AAA was talking about his posts.
LOL.
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pabenny
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Re: 40 stores to close... (part 4)

Post by pabenny » Sat Apr 11, 2020 9:58 am

planteria wrote:
Sun Apr 05, 2020 10:51 am
fwiw i think Debenhams will go altogether.
Actually went into administration on 9 April.

I can't see anyone being willing to take on any of the business for that future day when the high street re-opens. The (mostly) large and prominent stores will leave significant gaps.
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Re: 40 stores to close... (part 4)

Post by AAAlphaThunder » Sun Apr 12, 2020 8:13 am

pabenny wrote:
Sat Apr 11, 2020 9:58 am
planteria wrote:
Sun Apr 05, 2020 10:51 am
fwiw i think Debenhams will go altogether.
Actually went into administration on 9 April.

I can't see anyone being willing to take on any of the business for that future day when the high street re-opens. The (mostly) large and prominent stores will leave significant gaps.
RIP.

Covid-19 looks like the last nail in the coffin for the High Street.
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planteria
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Re: 40 stores to close... (part 4)

Post by planteria » Sun Apr 12, 2020 10:28 am

it does. hard to even imagine how the future high street is going to look.
meanwhile Amazon is back above $2000/share.
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Richard Frost
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Re: 40 stores to close... (part 4)

Post by Richard Frost » Wed Apr 15, 2020 7:43 pm

Oasis and Warehouse fall into administration

Story here: https://www.bbc.co.uk/news/business-52300055
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