High Street chain collapse sweepstake

Martin Phillp
Posts: 1037
Joined: Wed 11 May, 2011 01.28

Pete wrote: Wed 18 Apr, 2018 17.25 Re: bettaware / kleeneze, I suppose most of their market has now been gobbled up by Amazon and at lower prices. Lakeland has physical stores and a slightly more affluent demographic. Wonder how they'll cope.

Was the kitchen tat catalogue model similar to your makeup reseller (Younique) style thing where you bought x amount of the rubbish at wholesale then sold it on in demos or was it purely dumping cataloges around the place and then begging for them back?
The Betterware model appeared to be dump the catalogue, hope they order, then the agent buys the stock and delivers.

Pre-net, my mother would purchase stock from them and the agent would actually knock and spend time with the customer to go through the products.
TVF's London Lite.
g67bbx
Posts: 58
Joined: Sat 06 Jan, 2018 08.18

Poundworld looking to close around a third of its stores.

http://www.dailymail.co.uk/money/market ... tores.html
Martin Phillp
Posts: 1037
Joined: Wed 11 May, 2011 01.28

g67bbx wrote: Thu 26 Apr, 2018 17.18 Poundworld looking to close around a third of its stores.

http://www.dailymail.co.uk/money/market ... tores.html
With Poundland stores expanding into clothes through Pep&Co and what appears to be a successful multi-price offering, Poundworld is starting to look dated, although they now have multi-priced products.

I think also their buyers are finding it harder to find branded products.
TVF's London Lite.
JAS84
Posts: 476
Joined: Fri 12 Aug, 2011 10.23
Location: Hull, UK

Poundworld should've kept the Bargain Buys name. It would've made more sense than a name with Pound in it, now that they're not charging £1 for everything.
Alexia
Posts: 2975
Joined: Sat 01 Oct, 2005 17.50

Not sure how real this is given it's SNN but still made me wryly grin.

https://twitter.com/SouthendNewsNet/sta ... 85889?s=19
sqwidge1978
Posts: 76
Joined: Sat 25 Jun, 2016 15.42

SNN had Asda Sainsbury's tie up on other day.
Martin Phillp
Posts: 1037
Joined: Wed 11 May, 2011 01.28

Maplin in Croydon is now all on the ground floor. People are coming in to have a look, but even at 40% off most stock (60% on the posters), they're still too expensive compared to Wilko or Amazon. I didn't see one single person buy anything, despite having two cashiers and the manager.
TVF's London Lite.
Martin Phillp
Posts: 1037
Joined: Wed 11 May, 2011 01.28

Jacques Vert is set to go into administration.

https://news.sky.com/story/1000-high-st ... s-11357154
TVF's London Lite.
barcode
Posts: 1473
Joined: Wed 29 Aug, 2007 19.36

Has anyone else heard about PoundLAND shutting stores? I do know there planning to shut some in scotland, because the rents are so high.
all new Phil
Posts: 1656
Joined: Sun 13 Feb, 2005 00.04
Location: Next door to Hell

It’s a cardboard cut out police lady round here. #MeToo
Thought this was a nice forum, clearly not.
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WillPS
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Joined: Tue 22 Apr, 2008 18.32
Location: Carlton
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Opcapita (the one with a reputation for buying failing chains, extracting cash on-the-fly and sending them in to administration) is looking to buy Homebase.
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