I'm sure BHS will be one of the next ones to go - it's always empty and it doesn't know its market, not sure if it is selling safe fashions to older people or trying to be youthful but good value...they also have constant reductions.
Smiths are iffy too. Likely to be bought up by the Waterstones beast? Not wholly confident about Sainsburys either...
Tesco, Poundland and Aldi are set to make fortunes.
It sells house ornamentation - I don't know the right term - curtains, cushions and candles, all with a faintly brought-from-afar theme, hence the name. http://www.pier.co.uk/ I'm very fond of it, and will be sorry to see it go. But 30 or 50% off four weeks before Christmas . . .
Heh, Yorkshire! The BHS in Sheffield is rarely ever busy except in the week before Christmas, and none in the area are ever what you'd call *very* busy, in fact they're what you'd call glacial most of the year.
I was looking at other shops which had large Icelandic investments in them - one of those might fail soon, the list includes Hamleys, House of Fraser, Oasis, Somerfield, Iceland, and Coast. Both Woolies and MFI had large Icelandic investment in them.
Yeah, I'd bet some money on BHS too. I used to buy clothes for myself, the children and sometimes my partner there, and find it a nice place to go into. Last time I was in I(earlier this year) I found nothing for the children, nothing I was looking for for myself (they'd stopped doing the trousers I liked, for example so I just bought some leggings that I thought might be useful) and I found the environment rather depressing. Admittedly one of the reasons I now don't visit more often is that I don't go to any places that have a BHS much at all but the above experience is probably another reason, and same for other shoppers.
Sainsbury's sales are up by loads, I saw in an interview on the telly not long ago, so I think they are ok - they diversified into basic ranges quite early while keeping premium ranges as well, and so hung onto people who were moving down a range (if you see what I mean) and also I imagine some people do what we do buy basics for some things but are more fussy over other items. I think Morrisons will also do well - their meat, veg and fish is good value and still of a quality we'll accept.
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Date: 2008-11-26 10:29 pm (UTC)Smiths are iffy too. Likely to be bought up by the Waterstones beast? Not wholly confident about Sainsburys either...
Tesco, Poundland and Aldi are set to make fortunes.
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Date: 2008-11-26 10:32 pm (UTC)I bet on The Pier to fail by reason of its current huge discounting.
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Date: 2008-11-27 09:19 am (UTC)no subject
Date: 2008-11-27 09:23 am (UTC)http://www.pier.co.uk/
I'm very fond of it, and will be sorry to see it go. But 30 or 50% off four weeks before Christmas . . .
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Date: 2008-12-08 08:57 pm (UTC)no subject
Date: 2008-11-27 12:47 pm (UTC)I was looking at other shops which had large Icelandic investments in them - one of those might fail soon, the list includes Hamleys, House of Fraser, Oasis, Somerfield, Iceland, and Coast. Both Woolies and MFI had large Icelandic investment in them.
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Date: 2008-11-27 05:44 pm (UTC)Sainsbury's sales are up by loads, I saw in an interview on the telly not long ago, so I think they are ok - they diversified into basic ranges quite early while keeping premium ranges as well, and so hung onto people who were moving down a range (if you see what I mean) and also I imagine some people do what we do buy basics for some things but are more fussy over other items. I think Morrisons will also do well - their meat, veg and fish is good value and still of a quality we'll accept.