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Will there be any high street stores left come Easter ?
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What percentage of the high st is owned by administrators now?
Quote: Who's next?
Apparently M&S did not have a particularly good Christmas trading, especially women's clothes, but I cannot imagine the situation will not get sorted quite rapidly.
I suspect most will disappear over the next year. Lets remember these stores was the reason the small stores disappeared, now the Internet is there own demise.
On a more positive note some major brands are now planning on opening spechalist shops along the lines of apple stores which have been so successful, canon are launching the first soon and I'm sure Nikon won't be far behind. Branded stores will have the power to compete with those they supply.
It's natural evolution of shopping habits.
Quote: major brands are now planning on opening spechalist shops
Sony have specialist stores already.
Probably OK for televisions but the camera section so pathetic I do not know why they bother with it ! !
Is it the whole of Blockbuster or just the bricks and mortar operation? I thought their online store was supposed to be doing well?
The Sony shop in Lincoln called in the administrators yesterday , one of our best builders has just gone under, soon there will be no one left to even try and compete with those that dont operate on a level playing field. Once the competition have gone, they will be free to charge whatever they want, where will those that wanted it cheap go then?
The only work going is with administrators, last statement of fees I saw for one of those had a charge of £200 an hour for an office junior.
[quote] canon are launching the first soon and I'm sure Nikon won't be far behind. Branded stores will have the power to compete with those they supply.
Like Sony eh Kev.........All closed around my location.
I carnt find the article but I think they are going the apple store model which is a big success story ATM. I ave no idea why the Sony stores concept has failed. But these spechalist stores will only be going into aj or cities anyway, sone was more widespread
Found an article now
Honestly, I'm surprised that Blockbusters lasted so long after Bob Holness died!
Seriously though, the only reason that this surprised me was that I didn't realise they were still going! I haven't seen one of their stores in ages...
I caught the back end of something on US news last night about Walmart encouraging companies to manufacture back in the US so their home grown products are taking a larger slice of sales. China is becoming less competitive due to increasing labour costs and costs of freight etc.
I've not understood Blockbusters for ages now with Virgin, Sky and Love film etc. all sending, streaming or beaming content direct and not killing you for late fees either.
From another angle,
We buy fair trade coffee to show our intention to not exploit poor farmers - should we not consider some form of protectionism for UK producers and traders etc.
We prosecute those importing cigarettes for evading duty but we allow grey imports.
As for global tax avoidance - that's just criminal. perhaps local sales taxes or something similar - make sure the trading landscape is as fair for local companies as it it for global companies.
Blockbuster's business model has been obselete for a long time. The only surprise is they didn't go bust earlier.
Quote: I ave no idea why the Sony stores concept has failed
Maybe its their products. The only area they are really strong in is the game console. Their TV's are nothing to write home about, the came to the smartphone market very late and with poor products and until they get rid of that stupid hot shoe on their SLR's I would not consider buying one event if it was £1.00. (actually maybe just to sell on eBay)
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