40 Stores to close... (part 5)

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Boro Boy
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40 Stores to close... (part 5)

Post by Boro Boy » Sat May 23, 2020 10:43 pm

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

Post by planteria » Sun May 24, 2020 8:43 am

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

Post by Richard Frost » Sun May 24, 2020 8:56 am

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

Post by blythburgh » Sun May 24, 2020 9:54 am

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
Keep smiling because the light at the end of someone's tunnel may be you, Ron Cheneler

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

Post by planteria » Sun May 24, 2020 11:54 am

that's not an accurate/fair description of the facts.
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Chadwick
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Re: 40 Stores to close... (part 5)

Post by Chadwick » Sun May 24, 2020 12:25 pm

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

Post by planteria » Sun May 24, 2020 1:38 pm

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

Post by Boro Boy » Fri Jun 05, 2020 9:39 pm

They just didn't get enough support: https://www.msn.com/en-gb/money/news/vi ... d=msedgntp
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planteria
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Re: 40 Stores to close... (part 5)

Post by planteria » Sat Jun 06, 2020 8:40 am

tres bien..

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

Post by pabenny » Mon Jun 08, 2020 10:32 am

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

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