High Street chain collapse sweepstake

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WillPS
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Joined: Tue 22 Apr, 2008 18.32
Location: Carlton
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Toys R Us are going in to administration, unsurprisingly: https://www.theguardian.com/business/20 ... -jobs-risk
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cwathen
Posts: 1158
Joined: Fri 15 Aug, 2003 17.28

Maplin used to have a nice niche for itself. If you were a hobbyist (or a professional stuck on a job) and wanted to just buy one component or one connector rather than buy them from a wholesaler who would only sell you 50 of them then Maplins were your best bet (particularly after the demise of Tandy). They always had a huge range in stock and they had people who knew what they were talking about to advise you.

Since then though, other businesses (both bricks & mortar and online) have started doing Maplin better than Maplin, whilst Maplin itself has become a confused mess of being a cross between Currys and Hawkins Bazarr, whilst also trying to fulfil it's original premise but doing a second rate job of it.
Martin Phillp
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Joined: Wed 11 May, 2011 01.28

The last time I went to Maplin was 2014 (says it all when I can remember how long it was!) to buy a telephone extension lead for £11.99.
TVF's London Lite.
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Pete
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Joined: Fri 15 Aug, 2003 13.36
Location: Dundee

Last time i went to maplin was during the virgin media v6 box installation disaster where they forgot to send, then denied the existence of (despite it being in the instructions) a mythical connector to get the thing working.

It was a Type F satellite to normal coax female adapter. Went to maplin, bought for £3, had TV working that night.

EDIT - no actually that's a lie, that was the last successful trip to maplin. Also went looking for a dehumidifier but they only had shit ones for boats. Ended up going to Argos who had a better range.

Oddly, Dundee (4th largest city in Scotland) doesn't have an argos extra, but a 13 mile drive into bumpkin-land Fife and the Argos Extra of your dreams exists with *EVERYTHING* in stock.
"He has to be larger than bacon"
g67bbx
Posts: 58
Joined: Sat 06 Jan, 2018 08.18

It's official. Toys R Us have entered administration. It was only a matter of time really.

http://www.bbc.co.uk/news/business-43225248
bilky asko
Posts: 1183
Joined: Sat 08 Nov, 2008 19.48

And Maplin has now entered administration too.
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Neil
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Joined: Sun 06 Nov, 2005 17.02
Location: Manchester

Mothercare, Debenhams and Carpetright all looking dodgy

https://www.theguardian.com/business/20 ... is-spreads
Martin Phillp
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Joined: Wed 11 May, 2011 01.28

I can see Debenhams being acquired by Sports Direct. Mothercare and Carpetright are looking particularly dodgy.
TVF's London Lite.
all new Phil
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Joined: Sun 13 Feb, 2005 00.04
Location: Next door to Hell

Martin Phillp wrote: Sat 03 Mar, 2018 13.02 I can see Debenhams being acquired by Sports Direct.
What, really?
Thought this was a nice forum, clearly not.
sqwidge1978
Posts: 76
Joined: Sat 25 Jun, 2016 15.42

all new Phil wrote: Sat 03 Mar, 2018 20.06
Martin Phillp wrote: Sat 03 Mar, 2018 13.02 I can see Debenhams being acquired by Sports Direct.
What, really?
A possibility as SD has increased its share holding in Debenhams to 29.7% ( at 30% they would have to put an offer in to buy the remaining shares ), however SD holds similar stakes in other companies and never crossed the 30% threshold, so a bid is far from a certainty
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Neil
Posts: 592
Joined: Sun 06 Nov, 2005 17.02
Location: Manchester

Missed this one.

Looks like New Look are struggling too:
New Look seeks 60% store rent reduction ... -12bn-debt
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