High Street chain collapse sweepstake

[g67bbx]

In just the last few days
Coast (ladies clothes shop) in administration, 300 jobs at risk.
Regis UK (hair salons) looking for urgent CVA
WHSmith - Store closures (as previously mentioned)
Patisserie Valerie - Financial problems, finance chief arrested and now under investigation by the SFO. Further announcement on trading expected today or tomorrow. (EDIT: Landlords have begun to repossess lettings due to unpaid rent)

[WillPS]

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?

Yeah, these were newsagents which took the full WHSmith fit out (if you can call it that). Staff all wore WHSmith uniforms (or were supposed to anyway) and everything.

The one I went to fairly often was also the Post Office in Rugeley. I presume that'll transition in to a full on branded Post Office (possibly taking the WHSmith Stationery range).

[thegeek]

Mike Ashley is going to spend £95m on the Frasers building in Glasgow

I give the business two years, and within three the empty building will mysteriously go on fire.

[Martin Phillp]

The plan for WHSmith Local is that the brand will gradually disappear as contracts run out with each retailer.

Patisserie Valerie has been saved for now by a £20m cash injection.

[bilky asko]

Future is bright; future is orange at B&M.

This branch seems on the verge of collapse. Or have I missed the point of this thread??

I've been to that branch of B&M a few times. It was perhaps due a refurb.

[Martin Phillp]

In the US, it appears the once legendary Sears is filing for Chapter 12.

[JAS84]

American Golf went into administration, was immediately rescued, but will be closing 20 branches.
https://www.hulldailymail.co.uk/news/hu ... ty-2104576

[bilky asko]

So you're saying it was an insurance jobby, yeah?

Either that or someone was stubbing out their cigarettes on boxes of fireworks.

[Martin Phillp]

Claire's may be considering store closures in the UK after their US parent company filed for Chapter 11.

[james2001]

You'll need sewing pins, a hot stove and lots of kitchen roll.

[Alexia]

And a JCB.

Or is it TCP?