High Street chain collapse sweepstake

JAS84
Posts: 585
Joined: Fri 12 Aug, 2011 10.23
Location: Hull, UK

Why the hell have Debs just revealed a new logo when they're considering a CVA? :?
Martin Phillp
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Debenhams shares are 10p today after fears of store closures.
TVF's London Lite.
james2001
Posts: 718
Joined: Sat 04 Jun, 2005 23.10

Woolworths introduced a new logo just before they went into administration too. Then the administrators went back to the old logo and everyone forgot they'd even changed it. I don't think the new logo even made it to any store fronts or carrier bags, though it appeared on adverts and the website.
Martin Phillp
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Either way, Mike Ashley will grab Debenhams at some point.
TVF's London Lite.
Square Eyes
Posts: 630
Joined: Fri 15 Aug, 2003 13.38

House of Fraser have renegotiated rents, and so 20 stores announced for closure have been saved so far, they are :

Altrincham, Aylesbury, Birkenhead, Camberley, Carlisle, Darlington, Doncaster, Grimsby, High Wycombe, Lincoln, London (Oxford Street), Middlesbrough, Plymouth, Skipton, Telford, Huddersfield, Leeds, Maidstone, Solihull and Sutton Coldfield.

Edinburgh, Hull and Swindon will close after the failure of negotiations over cuts in rents.
JAS84
Posts: 585
Joined: Fri 12 Aug, 2011 10.23
Location: Hull, UK

Bath could still close as well.
https://www.bbc.co.uk/news/business-45617809

And here's some fine journalism from the Hull Daily Mail... they called it rumours and speculation despite closing down signs on the shop windows!
https://www.hulldailymail.co.uk/news/hu ... ks-2031344
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WillPS
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Location: Carlton
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https://www.theregister.co.uk/2018/09/2 ... _retailer/

An interesting look at how the several-times-restructured debt Maplin carried from multiple takeovers destroyed it.

The last sentence is quite ominous.
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Martin Phillp
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WHSmith is to scrap their franchise Local brand, close 6 main stores and close CardMarket.
TVF's London Lite.
all new Phil
Posts: 1965
Joined: Sun 13 Feb, 2005 00.04
Location: Next door to Hell

This thing with Patiserie Valerie is a bit odd isn’t it?
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Pete
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Location: Dundee

Martin Phillp wrote: Thu 11 Oct, 2018 23.50 WHSmith is to scrap their franchise Local brand, close 6 main stores and close CardMarket, the trading card website.
Is that different from the WHSmith Stationery brand?
"He has to be larger than bacon"
g67bbx
Posts: 59
Joined: Sat 06 Jan, 2018 08.18

Pete wrote: Fri 12 Oct, 2018 08.03
Martin Phillp wrote: Thu 11 Oct, 2018 23.50 WHSmith is to scrap their franchise Local brand, close 6 main stores and close CardMarket, the trading card website.
Is that different from the WHSmith Stationery brand?
CardMarket is their attempt to rival Card Factory.
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