High Street chain collapse sweepstake

woah
Posts: 370
Joined: Sun 28 Mar, 2010 12.39

I found it usually contained tacky behind-trend clothes at Topman/River Island prices. As I said in a previous post, they need to either lower their prices (best option I reckon) or improve the clothes, but given the name is pretty tarnished that might not get any more customers in.
User avatar
WillPS
Posts: 2557
Joined: Tue 22 Apr, 2008 18.32
Location: Carlton
Contact:

woah wrote:I found it usually contained tacky behind-trend clothes at Topman/River Island prices. As I said in a previous post, they need to either lower their prices (best option I reckon) or improve the clothes, but given the name is pretty tarnished that might not get any more customers in.
It's a crap name, for starters. It's a name (and logo) that would suit one of these mail-order companies aimed at middle-aged women.

I think you're right on the budget front. Perhaps there's potential for a Store Twenty One takeover?
Image
barcode
Posts: 1515
Joined: Wed 29 Aug, 2007 19.36

Ant wrote:
rob wrote:Peacocks has gone into administration.

http://www.walesonline.co.uk/business-i ... -30134982/
So has Past Times.

https://twitter.com/#!/SkyNewsBreak/sta ... 1988829185
No lost there, its was a crap shop, my town had one but it never sold anything and this closed down about a year ago.
barcode
Posts: 1515
Joined: Wed 29 Aug, 2007 19.36

WillPS wrote:
woah wrote:I found it usually contained tacky behind-trend clothes at Topman/River Island prices. As I said in a previous post, they need to either lower their prices (best option I reckon) or improve the clothes, but given the name is pretty tarnished that might not get any more customers in.
It's a crap name, for starters. It's a name (and logo) that would suit one of these mail-order companies aimed at middle-aged women.

I think you're right on the budget front. Perhaps there's potential for a Store Twenty One takeover?
Store twenty one, is that the new one for Q, again my local town has Q but may not become a Store 21 become the cant agree with the land lord:

many land lords and shopping centres are stupid, a month ago Lloyds chemists closed down a shop because the rents become to high, Bar the fact the centre has just open a exetions ( well 3 years ago) and have fails to still fill of the units, what went into the unit? Crap cheap xmas card and wrapping paper shop. I bet there paying far less rent..
User avatar
WillPS
Posts: 2557
Joined: Tue 22 Apr, 2008 18.32
Location: Carlton
Contact:

barcode wrote:
WillPS wrote:
woah wrote:I found it usually contained tacky behind-trend clothes at Topman/River Island prices. As I said in a previous post, they need to either lower their prices (best option I reckon) or improve the clothes, but given the name is pretty tarnished that might not get any more customers in.
It's a crap name, for starters. It's a name (and logo) that would suit one of these mail-order companies aimed at middle-aged women.

I think you're right on the budget front. Perhaps there's potential for a Store Twenty One takeover?
Store twenty one, is that the new one for Q, again my local town has Q but may not become a Store 21 become the cant agree with the land lord:

many land lords and shopping centres are stupid, a month ago Lloyds chemists closed down a shop because the rents become to high, Bar the fact the centre has just open a exetions ( well 3 years ago) and have fails to still fill of the units, what went into the unit? Crap cheap xmas card and wrapping paper shop. I bet there paying far less rent..
I agree it's short-sighted - but those crap cheap shops which appear in October and are gone by Boxing Day typically pay a much higher rent for the short period they're there. In fact, the rent for the key 3 months in shopping centres can be nearly as high as the annual rent which long-term tenants pay - which I believe is what motivated Hawkins Bazaar in to taking several year-round locations. Obviously, rent is relatively small beer compared to salaries!
Image
Whataday
Posts: 361
Joined: Fri 22 Aug, 2003 00.08
Location: Cardiff
Contact:

Sput wrote:
DJDave wrote:Peacocks has been a fashion value retailer...
I think that, together with the fact they tend to spring up in quite low-rent bits of town, answers my question! My friend and I used to wander in there when we were 18 as it was a bit of a freakshow: bizarre attempts to copy trends (a bit like Next do, but less successfully), novelty underpants and horrific blouses. Clearly that idiocy has caught up with them.
Not at all. Plenty of industry experts agree that over the last few years Peacocks has modernised and kept up with the times. Their Pearl Lowe range in particular has been very well received. Although some of the smaller stores were left behind.... but regardless, it has grown dramatically and is still turning a profit (year on year sales were up 17% over Christmas). The problems they are in now are as a result of an ill advised management buyout which left the company owing a hefty debt.

As for their brand identity, i wouldnt call it catalogue-esq, its similar to many other high street fashion brands. Unless youre thinking of their old purple logo, which was pretty hideous.
Whataday
Posts: 361
Joined: Fri 22 Aug, 2003 00.08
Location: Cardiff
Contact:

barcode wrote:
WillPS wrote:
woah wrote:I found it usually contained tacky behind-trend clothes at Topman/River Island prices. As I said in a previous post, they need to either lower their prices (best option I reckon) or improve the clothes, but given the name is pretty tarnished that might not get any more customers in.
It's a crap name, for starters. It's a name (and logo) that would suit one of these mail-order companies aimed at middle-aged women.

I think you're right on the budget front. Perhaps there's potential for a Store Twenty One takeover?
Store twenty one, is that the new one for Q, again my local town has Q but may not become a Store 21 become the cant agree with the land lord:

many land lords and shopping centres are stupid, a month ago Lloyds chemists closed down a shop because the rents become to high, Bar the fact the centre has just open a exetions ( well 3 years ago) and have fails to still fill of the units, what went into the unit? Crap cheap xmas card and wrapping paper shop. I bet there paying far less rent..
Actually, lots of shopping centres offer rent free periods as incentives, and are usually open to negotiation during difficult times. Its business rates which can cripple a lot of companies.
User avatar
WillPS
Posts: 2557
Joined: Tue 22 Apr, 2008 18.32
Location: Carlton
Contact:

Whataday wrote:s for their brand identity, i wouldnt call it catalogue-esq, its similar to many other high street fashion brands. Unless youre thinking of their old purple logo, which was pretty hideous.
You like their newer logo? I can't stand it, it looks Shatliffed. The word 'Peacock' I instantly associate with ageing people - although thinking about it this might be because an old folks home across the way from my grandmother's house is overrun with the bloody things.
Whataday wrote:Actually, lots of shopping centres offer rent free periods as incentives, and are usually open to negotiation during difficult times. Its business rates which can cripple a lot of companies.
They'd be foolish to offer such schemes to retailers of Christmas tat though.
Image
User avatar
madmusician
Posts: 153
Joined: Mon 11 Dec, 2006 19.11
Location: Worcester, UK

Inspector Sands wrote:
madmusician wrote:Peacocks did have a very useful function during the August riots:
Image

:P
That was from the last general election
Oh right - fair enough. Must have done a fresh round last summer as that's when I first saw it...
Dr Lobster*
Posts: 2123
Joined: Sat 30 Aug, 2003 20.14

our town centre only contains the bland chains like next, topshop etc etc, i'll be honest other than to go out for a meal or go to the pub, i haven't purchased anything from the town centre in months, maybe not since may.

part of the problem from the point of view of the consumer as has already been mentioned is the fact that for many items, particularly gadgets they are much cheaper online, but also you have the hassle of parking the cost of which is has been increasing somewhat rapidly to offset the council tax freeze.

our town has so many industrial and retail units, it's quite depressing really.
Whataday
Posts: 361
Joined: Fri 22 Aug, 2003 00.08
Location: Cardiff
Contact:

WillPS wrote:
Whataday wrote:s for their brand identity, i wouldnt call it catalogue-esq, its similar to many other high street fashion brands. Unless youre thinking of their old purple logo, which was pretty hideous.
You like their newer logo? I can't stand it, it looks Shatliffed. The word 'Peacock' I instantly associate with ageing people - although thinking about it this might be because an old folks home across the way from my grandmother's house is overrun with the bloody things.
Whataday wrote:Actually, lots of shopping centres offer rent free periods as incentives, and are usually open to negotiation during difficult times. Its business rates which can cripple a lot of companies.
They'd be foolish to offer such schemes to retailers of Christmas tat though.
"Peacock" has re-entered the urban dictionary in recent years, meaning to show off your style. The logo isnt particularly inspiring, but nor is it offensive to the eye.

If a shopping centre has an empty unit, then it has to pay the business rates. If they have a tennant, on whatever terms, the tennant is liable for the rates. Therefore it will try anything it can to keep a shopping centre fully let.
Please Respond