and one of the others seems intent on hanging around well after the party's over.Critique wrote:Little Chef is still hanging on, isn't it?
High Street chain collapse sweepstake
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scottishtv
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Just a thought: if Blockbusters' administrators say that gift cards are no longer valid, maybe their customers could play them at their own game by "regretting to announce" that any items out on rental can't be returned because the company is now a different legal entity, thus rendering any rental contract null and void.
The DVD stock will be a company asset and thus still be under the administrators control and rentals that are oUT remain their property and should still be returned.
That said, in practice nothing is going to happen if they go under and you keep the DVDs-remember ITV digital's failure to recover the boxes which were company property? In the end Carlton and Granada bought then cheap to donate to ex subscribers once it became clear that there was no prospect of recovering them
That said, in practice nothing is going to happen if they go under and you keep the DVDs-remember ITV digital's failure to recover the boxes which were company property? In the end Carlton and Granada bought then cheap to donate to ex subscribers once it became clear that there was no prospect of recovering them
Well technically, all three are still 'hanging on' at the moment but they've all gone through an administration process at some point, which is basically what this thread is about.scottishtv wrote:and one of the others seems intent on hanging around well after the party's over.Critique wrote:Little Chef is still hanging on, isn't it?
They're accepting vouchers again, which either means they've found a protected pot with their value or a significant sale of the entire operation.
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all new Phil
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They used to be really good, but they got a bit took over by the G Star Raw stuff, which just doesn't interest me at all and so put me off going in - I used to spend a fortune there.
There seems to be something that all these retailers that are going bust have in common. They all hold far too much stock. HMV is the most obvious one - I was in a huge one of their stores today, which was absolutely packed with piles and racks of DVDs, CDs and BluRays, yet only one of their 15 or so tills was manned (and there was nobody at it buying anything the whole time I was there). Republic seem to have a lot more ranges than they did before. Jessops' stock is obviously very high value stuff, Comet the same. The whole business model doesn't seem to be working.
There seems to be something that all these retailers that are going bust have in common. They all hold far too much stock. HMV is the most obvious one - I was in a huge one of their stores today, which was absolutely packed with piles and racks of DVDs, CDs and BluRays, yet only one of their 15 or so tills was manned (and there was nobody at it buying anything the whole time I was there). Republic seem to have a lot more ranges than they did before. Jessops' stock is obviously very high value stuff, Comet the same. The whole business model doesn't seem to be working.