Re: High Street chain collapse sweepstake
Posted: Sat 09 Jun, 2018 00.42
The local Poundworld was unusually quiet today, while the Poundland was packed two doors down.
I believe an announcement is imminent on this. Allegedly its going through the court this morning.JAS84 wrote: Sun 10 Jun, 2018 22.56 Probably because Poundworld are running down their stock, since they're about to go into administration.
It doesn't surprise me - the strength of their catalogues is the sheer amount of choice in sizes and varieties, you can't translate that to a retail presence with shops around the size of a small HMV or Waterstones split between 2 or 3 brands. Naff effort.Neil DG wrote: Thu 14 Jun, 2018 21.25 Simply Be and High & Mighty owner to close all 20 UK stores
https://www.theguardian.com/business/20 ... tores-jobs
I suspect the mess the company got into was even too much for the founder. Best to buy the scraps of the business and start again.JAS84 wrote: Fri 22 Jun, 2018 19.10 Looks like nobody wanted to buy Poundworld - closing down signs have gone up.
On the topic of WH Smith being unsure of what it wants to sell. Spotted Easter eggs, for £6.99 plus at a Lancashire branch today. Yes Easter eggs in June!tillyoshea wrote: Sat 02 Jun, 2018 07.27 Robert Shrimsley's op-ed in today's FT Weekend ("The slow death of WHSmith") is relevant to our recent discussions. It concludes:
Robert Shrimsley wrote:Once a high street without a WH Smith seemed unimaginable. Now it seems almost inevitable.