more store closures and job cuts ahead in uk?

Mothercare closing lots of stores.

AnnaEsse wrote:Mothercare closing lots of stores.

NEW LOOK AS WELL AS A FEW I CAN'T REMEMBER.
READ AN ARTICLE IN TIMES TODAY AND I THINK GUARDIAN YESTERDAY ABOUT THE CHANGES ON THE HIGH STREET,MORE EXPERIENCAL BUSINESSES WHERE THE EMPHASIS IS ON HAVING AN 1EXPERIENCE' LIKE MIXING YOUR OWN ICE CREAM COURTESY OF UNILEVER OR HAVING YOUR NAILS DONE ETC ETC
EVEN CHARITY SHOPS/RESTAURANTS ARE CLOSING/STRUGGLING ON THE HIGH STREET,HIGH STREET WILL HAVE TO ADOPT.
IN MY TOWN BOTH IN HIGH STREET AND SHOPPING CENTRE,SOMS RESTAURANTS ARE CLOSING BECAUSE THERE ARE TOO MANY OF THEM,TOO MUCH COMPETITION

MARKS AND SPARKS TO CLOSE 100 STORES BY 2020
HOUSEE OF FRASER TO CLOSE 20 STORES
NEW LOOK TO CLOSEE STORES
FASHION/CLOTHING SALES HAVE DECLINED,SO ARTICLE IN GUARDIAN YESTERDAY.

BUSINESS RATES HAVE INCREASED FOR A LOT OF BUSINESSES.
BUSINESSES HAD 25 YEARS TO WORK OUT HOW TO DEAL WITH INTERNET,FEW DID

CARLUCCIO IS TO CLOSE 20 RESTAURANTS.

11,000 ETAILS MAY BE LOST BEFORE END OF YEAR ON THE HIGHT STREET,IN CONTRAST AMAZON IS HIRING 2,500 PROBABLY AS A RESULT OF THINGS MOVING ONLINE.

ANOTHER 40,000 RETAIL JOBS MIGHT BE LOST BEFORE YEARS END.
POUNDWORLD MIGHT GO INTO LIQUATION.
TESCO BOSS IS BLAMING BUSINESS RATE RISES AND POSSIBLY RENT RISES FOR BUSINESS FAILURES.

Landrover Jaguar are talking of moving production of Discovery model to Slovakia...

DEBENHAMS HAVE ISSUED PROFIT WARNING BLAMING PARTLY BEAST FROM THE EAST ETC ,HOW LONG BEFORE STORES CLOSED PERHAPS?

carpetrigght profit have crashed into red by 8/70 million

JOHN LEWIS PROFIT MIGHT BE ZERO,SHUTTING DOWN 4 WAITROSE STORES,HOPE THEY DON'T COLLAPSE.

7000 estate agents might collapse

Badboy wrote:7000 estate agents might collapse

What an absolute shock and worry that would be Badboy, ... These are some of the very people who contributed to the ridiculous rise in house prices.

100,000 SHOP UNIT MIGHT BE EMPTY BY 2020 THROUGHOUT UK.
60 BANK BRANCHES ARE CLOSING EVERY WEEK,SOON YOUR BANKING MAY HAVE TO BE DONE AT THE POST OFFICE,PROVIDED THEY HADN'T BEEN SHUT DOWN AS WELL.

Yes badboy ,I have had to do that too ,my bank moved and shut ,so its a real problem ,well I have used post office recently ,that was easy enough really ,I guess its all to save money ,not that the interest rate is nay better for us .

DEBENHAMS ARE IN TROUBLE,CREDIT INSURANCERS ARE ONLY GIVING PARTIAL COVER POSSIBLY BECAUSE OF FALLING PROFITS.
MEANS THEY MAY HAVE TO PAY SUPPLIERS UP FRONT.

GAUCHO/CAU RESTAURANTS ARE IN TROUBLE,POUNDWORLD ARE IN ADMIN.

30,00 high street chains are in financial disTRess,472.00 FIRMS THROUGHOUT UK ARE IN FINANCIAL DIFFICULTIES,MOSTLY SERVICES INDUSTRY EG MAINTANCE/ESTATE AGENCIES I THINK.
MANY BLAME BUSINESS RATES.

Badboy wrote:30,00 high street chains are in financial disTRess,472.00 FIRMS THROUGHOUT UK ARE IN FINANCIAL DIFFICULTIES,MOSTLY SERVICES INDUSTRY EG MAINTANCE/ESTATE AGENCIES I THINK.
MANY BLAME BUSINESS RATES.

In reality Badboy these chain stores need to look at their excessive and ever increasing quarterly profits and pay outs to shareholders.
I would wonder just how many Politicians, CEOs and CFOs or those with a vested interest in any UK company has all their money banked in UK based accounts????

BRITISH GAS IS TO LOSE JOBS,THEIR PROFITS ARE UNDER STRAIN PARTLY DUE TO PRICE CAPS,LOSED 1.3 MILLION CISTOMER I THINK IN A YEAR.

Badboy wrote:BRITISH GAS IS TO LOSE JOBS,THEIR PROFITS ARE UNDER STRAIN PARTLY DUE TO PRICE CAPS,LOSED 1.3 MILLION CISTOMER I THINK IN A YEAR.

They are still making a profit Badboy, they are just greedy and want to increase their profits yearly without actually doing any extra work. Their workforce has like most other workers not had a salary increase over the last 4 years, but the shareholders all have had returns on their investments. We need to re-nationalise the industry and return to investment in the system rather than put yet more money in foreign investors pockets.

,so a headline possibly from guardian says .William hill might close 900 shops

Badboy wrote:,so a headline possibly from guardian says .William hill might close 900 shops

Who really cares what happens to a Bookmaker? You'll never see an almost destitute booky turning up for 'work' in a 15 or 20 year old car.

HOUSE OF FRAZER TO BE TAKEN OVER BY MICK ASTLEY?

HOMEBASE TO CLOSE 42 STORES/1500 JOBS LOSE,30,00 RETAIL JOBS L OSED THIS YEAR SO FAR.