For wanting to play 'administration' bingo?

(358 Posts)
TheSeriousSanta Mon 29-Dec-08 21:15:22

I am.. I know I am.. It's mean..

But I have compiled a list of high street stores that will go bust before 31st January and now feel compelled to see if I can shout HOUSE before anyone else...

MaryMotherOfCheeses Mon 29-Dec-08 21:18:24

Am I being humourless for thinking, yes, that's mean.

Or am I the only one thinking "shit, what if i loose my job this year".

SnowballsintheSky Mon 29-Dec-08 21:18:32

Oooooooohh <<disapproving stare>>. It feels wrong, so wrong. But if we're honest, a lot of us probably have a mental list of shops we expect to go. Then we'll come on here and post I told you so. Same thing really.

And it goes without saying that we have the utmost sympathy for everyone involved.

TheSeriousSanta Mon 29-Dec-08 21:19:38

Oh sorry, Marymotherofcheeses.

I've already lost my job. I'm freelancing (with varying degrees of success) now.

TheSeriousSanta Mon 29-Dec-08 21:20:44

It's just I'm alredy mentally thinking of shops I wouldn't buy gift cards / vouchers for now...

My mum just lost £100 (bought vouchers) at Zavvi this Christmas, I suppose that's what's prompted it.

CrackopentheBaileys Mon 29-Dec-08 21:24:54

Oh what fun

I'm going for Matalan, ELC and Dorothy Perkins..... no? You don't think so? Well who would have guessed Woolworths 3 months ago??!

MaryMotherOfCheeses Mon 29-Dec-08 21:25:56

Sorry, so far as i know, I'm not in any particular danger, I'm just feeling a bit sensitive about it.

And I guess it is funny to think of shouting "house". I guess it's fairly black, defensive humour if you've lost £100. That's bad news.

So go on, who's on your list???? wink

differentID Mon 29-Dec-08 21:26:17

quite a few actually. I'm sure I was discussing Woolies in the early part of the year.

CrackopentheBaileys Mon 29-Dec-08 21:26:19

And yes, I know it's mean, but us Brits are best known for laughing in the face of adversity

nancy75 Mon 29-Dec-08 21:29:39

woolies has been in trouble for ages, elc and mothercare are same company, so they pretty much have their market covered, dorothy perkins part of arcadia - probably pretty safe. the kind of companies that go are more mid size, like the pier, whitards, usc - even woolies, none of these were part of a massive company

SH27 Mon 29-Dec-08 21:29:41

Just read USC have gone into administration and of course Adams. Don't think Dorothy Perkins will go. I reckon places like Hobbs, Jigsaw etc. will be struggling due to price.

Feel really bad for anyone out there about to lose their jobs.

TheSeriousSanta Mon 29-Dec-08 21:29:50

Oh, good...

My top 5 are:

Laura Ashley
M&S (clothes, not food)
Next
HMV
ELC

Dotty Perkins has to be high up there (plus Burton for men) brabanto (SP?) shoes too...

Not so sure about Matalan...

SnowballsintheSky Mon 29-Dec-08 21:32:54

Next??? Surely not!

I'm going for;

WH Smith
Superdrug
Matalan
Borders
Paperchase

CrackopentheBaileys Mon 29-Dec-08 21:33:09

Good points Nancy, I'm clearly pissing in the wind with my guesses grin
How about Monsoon and Accessorise?
And Robert Dyas tickles my fancy too

jojosmaman Mon 29-Dec-08 21:33:18

Its not funny but it is very likely to become like bingo! Internacionale, Select, Envy, A-Wear (mainly in Eire), La Senza, Quiz (have they already gone?) are my frontrunners but I would have BHs, Oasis, Jane Norman and Claires as my rank outsiders. Poss homebase too, oh and Littlewoods/ Shop Direct? And am I the only person who wasnt hugely surprised by Woolies, if anything I was surprised they lasted so long?

Just realised that I have turned it into a horse race!

CrackopentheBaileys Mon 29-Dec-08 21:35:13

Superdrug is a good shout snowballs

SnowballsintheSky Mon 29-Dec-08 21:35:32

If Next and Accessorise go then I'll have to go into hiding!

I'm not so sure about BHS. The likes of my mother and her ilk love their BHS and there are plenty of oldies in there when I pop in for a bacon sarnie sometimes.

MsG Mon 29-Dec-08 21:36:21

Am fairly certain HMV won't go. I think they're in a much stronger position than Zavvis. Not sure about the others. It's awful for those who lose their jobs. I don't really remember the last recession too well.

nancy75 Mon 29-Dec-08 21:36:24

monsoon/accessorize in very good position, they own rather than rent alot of their shops, wh smiths have just let the post office take over half of their shop in my local town, tbh they deserve to close because their shops are bloody awful.
iirc laura ashley has been in administration before, some years ago and was saved, so not sure about them

Monsoon ????
Comet??

I think if a store is fairly specialist and has a large mark up they will be ok (how does athena stay in business?) - but expensive items will be out next year despite mortgage costs coming down.

ilovelovemydog Mon 29-Dec-08 21:38:33

La Senza - I'll go with that too. Lingerie is the first to go in a recession!

BHS Homestores
Waterstones
Greggs

SnowballsintheSky Mon 29-Dec-08 21:38:48

Phew. Was worried I'd be going about my business nekkid!

Someone mentioned Jessops before. One thing is for sure. If my local is anything to go by, it won't be Starbucks/Caffe Nero/Costa. They are constantly heaving.

MsG Mon 29-Dec-08 21:39:54

Was also surprised Woolies lasted so long - I never really bought anything from there anymore. I couldn't really work out what sort of shop it was - I think it couldn't either and that was the problem.

I don't really understand how companies let it get to that stage, but then I don't know much about business or retail...but I would have thought chains would close some stores and focus on the rest... Is that naive?

nancy75 Mon 29-Dec-08 21:40:29

places like starbucks usually prosper, people cant treat themselves to a new £50 dress so they treat themselves to a £2 coffee!

CrackopentheBaileys Mon 29-Dec-08 21:41:30

Greggs? NOOOOOOOOOO Where will I get my sausage rolls, 2 for £1.45 or or 75p each.... I kid you not grin

angelene Mon 29-Dec-08 21:42:17

I think Athena went years and years ago Pippy.

I would go for

Mk One
Monsoon/Accessorise
WH Smiths
Laura Ashley
Past Times (are they still going??)
Jane Norman
Karen Millen
French Connection

TheSeriousSanta Mon 29-Dec-08 21:42:47

I think clothes type retailers are more at risk than food stores, so Greggs is probably safe till about March! grin

CrackopentheBaileys Mon 29-Dec-08 21:43:05

Nancy you are very knowledgable!

nancy75 Mon 29-Dec-08 21:43:27

mk one has already gone into administration and been bought out with about half shops closed and the other half kept open

CrackopentheBaileys Mon 29-Dec-08 21:44:15

see wink

nancy75 Mon 29-Dec-08 21:44:42

i have worked in retail (both shop floor and h/o roles) for years, fortunately am sahm now, but still read lots of the trade stuff!

Hassled Mon 29-Dec-08 21:44:51

The Pier was easy cannon fodder, though - a shop entirely dedicated to stuff we want but don't actually need. Ditto Whittards. But we're always going to need clothes, toiletries etc. It's the shops for strictly non-essentials which will be the first to go - for example, we're not badly off but I'm still not going to be buying posh mugs or scented candles any time soon.

On the basis of which, I'm going for Habitat.

nancy75 Mon 29-Dec-08 21:45:19

need to get a hobby really grin

MaryMotherOfCheeses Mon 29-Dec-08 21:45:47

Now, are we just naming high street chains or is there any theory in this?

Cos surely the safest ones are stores which are part of larger groups?

CrackopentheBaileys Mon 29-Dec-08 21:46:00

Oooh on that basis Hassled I'm going for Comet......

MaryMotherOfCheeses Mon 29-Dec-08 21:46:27

Noooooooo not Habitat sad <sobs at prospects> Nooooooooooooooooooo!!!!!!!

CrackopentheBaileys Mon 29-Dec-08 21:46:33

MN is a great hobby grin

TheSeriousSanta Mon 29-Dec-08 21:47:41

I don't think there are any rules...

But, I think High Street Chains are actually most at risk, because in most instances, they don't own the stores and therefore have HUGE rents to pay.

noonki Mon 29-Dec-08 21:48:03

JJB sports is top of my list,
with etam,
Jessops
Officers club
superdrug
and wh smiths

though I feel very sad for the people working there, tbh they have all in the main been poorly managed for years

TheSeriousSanta Mon 29-Dec-08 21:49:12

ANy store offering unbelieveable sales NOW is at risk, IMHO.

They are desperate to turn stock into cash... which means cash flow is a problem, which means paying the rent might be difficult - which means the administration man is knocking on the door.... sad

frogs Mon 29-Dec-08 21:50:10

Borders won't go, it's always heaving in there. It'll be the shops you never go into because they're somehow pointless and a bit wrong.

WH Smith has to be a good candidate on that criterion. I mean, what is the point of Smiths these days? Do they even know themselves?

Robert Dyas has that tumbleweedy feel to it as well. Mothercare was in deep shit a few years ago and scaled back massively so probably safer than some others.

llareggub Mon 29-Dec-08 21:51:26

I don't want Laura Ashley to go but their online service is shite. I'll miss their shops if they do go.

I simply cannot believe that M&S will go. No way.

saffy202 Mon 29-Dec-08 21:51:47

I'm going to say
Oasis
Jane Norman
Karen Millen
BHS
Coast
Currys

ThornyRose Mon 29-Dec-08 21:52:28

Officers club has already gone into admin I think.

JJB shut 2 shops in my area so are probably in trouble.

WH have the PO now so that might save them.

ChasingSquirrels Mon 29-Dec-08 21:52:44

on anglia news on Sat when they did the bit about the Wollies branch closing they mentioned something about the Officers Club which is a few stores down.

Indep car dealers are really struggling atm.

nancy75 Mon 29-Dec-08 21:52:50

if m&s close i think the country is in a far worse state than anybody is letting on!

Hulababy Mon 29-Dec-08 21:53:18

TBH a lot of the ones that have already gone aren;t that big a suprise.Many were in trouble for months before this and sadly some have been affected because of other places going into administration who supply to them.

frogs Mon 29-Dec-08 21:53:38

There's definitely room for a bit of a clearout in the Currys/Comet end of things. Specially now you can order so much of this stuff online.

MsG Mon 29-Dec-08 21:54:06

I think Borders will go rather than Waterstones. I seriously doubt M&S will go. They were in big trouble a few years ago, weren't they, but I think they're ok now.

TheSeriousSanta Mon 29-Dec-08 21:54:51

Nancy - believe me, the country is in a far worse state than anyone is letting on.

That is one thing I can say for sure.

Not one query about that one.

angelene Mon 29-Dec-08 21:55:34

WH Smiths is very similar to Woolies, in that other people do what they did originally much better, they have tried to do a bit of this, a bit of that but all a bit half-arsed really. Can't see it surviving.

I think there are too many budget end clothes chains all trying to do the same thing and Mk One has much less big backing than the likes of Primark and H&M; at the other end of the scale French Connection has been in trouble for ages and is over-priced for what it is, surely can't make it.

llareggub Mon 29-Dec-08 21:55:38

Borders? Really? Wow. But then I guess their stores are just too big and carry too much stock to be viable. Stock control must be a nightmare. I love bookshops but Amazon is just so convenient.

frogs Mon 29-Dec-08 21:56:19

Borders is an American company though. They're huge, and have massive shops in prime locations across central london. They might close down one or two less-profitable outlets, but I'd be really surprised if they went bust.

PC World?

saffy202 Mon 29-Dec-08 21:57:32

Yes I think WH Smiths will be safe this time. As well as the PO they have also just taken over a lot of hospital shops.

Celia2 Mon 29-Dec-08 21:58:46

I read somewhere that Accessorize was having issues with suppliers and costs. They seem a bit separate from Monsoon so one could go without the other I think.

I'm thinking also that when the purse strings get tightened that things like magazines and newspapers get taken off the list, we can access news 24-7 on the net/TV now, so why buy one? I don't think it's just shops that we are going to see going bust.

jojosmaman Mon 29-Dec-08 22:01:54

Any companies associated with Bauger the Icelandic group are in trouble for obvious reasons but there are also a few companies I know have had their credit reduced or taken away which is always a sign of bad news.

MKone have gone into admin twice now. JJB already in well publicised trouble.

The only certainty NOT to be in trouble at the moment is ASOS, seem to be doing very well indeed and no credit issues.

Prob with BHs is that its oldie customers are dying off and they are not replacing them and the busiest part of the shop is the cafe with old dears tucking into fish and chips! Also Mr Green spends half a day a week there compared with 5 days at Topshop, he has no real interest in it.

llareggub Mon 29-Dec-08 22:02:32

Yes, I agree more magazines will go and possibly some daily newspapers. I wonder if any mumsnetters will buy the IoS again?

stephla Mon 29-Dec-08 22:04:03

My money is on Land of Leather or maybe some other furniture shop. Anyone who took out their buy now/pay later option is very likely not to pay it back. And no one will be buying this year.

Maybe The White Shop? Even I would find it difficult to spend £70 for a plain white double sheet - even if they were in a 50% sale.

jojosmaman Mon 29-Dec-08 22:04:18

usc rescued from administration by the way but will prob be just sold off anyway

girlylala0807 Mon 29-Dec-08 22:04:28

Any Arcadia shops are apparently going to be fine,

Topshop and Topman make enough money to keep the whole company afloat.

xx

angelene Mon 29-Dec-08 22:08:33

Will it be more the distribution side that goes in terms of media? The print side will move more to online and there will be more advertising online but the brands will still exist, but the distribution can't get anything out of this model?

ChasingSquirrels Mon 29-Dec-08 22:09:19

Eve magazine has already gone

MilaMae Mon 29-Dec-08 22:19:59

Mine are:-

Gap
WhSmiths
Clinton Cards
The Body Shop
Homebase and B&Q

goldFAQinsenceandmyrrh Mon 29-Dec-08 22:25:23

well article on the BBC the other day (about Adams going into admin) said

"The insolvency experts Begbies Traynor predicted only a week ago that up to 15 national retail chains would go bust by mid-January."

sad

debzmb62 Mon 29-Dec-08 22:31:41

got to be one of the big phone shops at some point won,t be carphonewarehouse they are doing good
heard phones 4 u is strugggling as are
comet
currys
homebase

angelene Mon 29-Dec-08 22:32:36

Was Eve still published by BBC Worldwide or had they off-loaded it to some poor unfortunate other? I am quite scared about BBCWW tbh (I am ex-employee and have lots of friends there), it's so different out there now to how it was.

ChasingSquirrels Mon 29-Dec-08 22:35:28

don't think Eve was BBC, it was similar to Red. I had 1/2 months sub left (tesco clubcard ) and got 4 issues of Grazia instead.

ClementFreudsGreatestAdmirer Mon 29-Dec-08 22:37:49

electronics shops. Comet, currys, maplins.

simpsonsChristmasSpecial Mon 29-Dec-08 22:40:29

15 national retail chains bust by mid Jan shock shock Scary times sad

Think it may be:
Superdrug
The Body Shop
Mark One
Currys
Homebase
One of the coffee shops ie Costa
JJB (our local one closed a month ago)
Littlewoods direct
BHS

goldFAQinsenceandmyrrh Mon 29-Dec-08 22:41:43

NOOOOOOOOOOOOOOOOOOOOOOOOOOOO Littlewoods direct can't go!!! I love my littlewoods account!!!

angelene Mon 29-Dec-08 22:44:06

Eve was BBCW originally CS, I remember when it started and we thought there would be loads of glamorous women coming in to the office, we momentarily started smartening up a bit. Didn't last wink and we were back in scruffs within the week.

simpsonsChristmasSpecial Mon 29-Dec-08 23:01:17

Also think:

Laura Ashley might be in trouble

and someone on another thread mentioned Blockbusters - and I think I agree they might go sad

SnowballsintheSky Mon 29-Dec-08 23:03:41

I can't see the point of Blockbusters at all now. Twas different when things took an age to come to video but now it's on dvd the week after it hits the cinema and if you want to hire rather than buy you go to Lovefilm.

IllegallyBrunette Mon 29-Dec-08 23:03:47

Mark One is already going.

I agree with those who said ELC, BHS, Laura Ashley and Homebase.

simpsonsChristmasSpecial Mon 29-Dec-08 23:21:31

Think ELC will be ok as they are owned by mothercare.

Although (I used to work for ELC many moons ago!!) they used be owned by John menzies and were sold on as they were not making a profit...so the same thing could happen again.

llareggub Mon 29-Dec-08 23:28:46

I think ELC will lose their stand alone shops and concentrate on their trade within Mothercare.

simpsonsChristmasSpecial Mon 29-Dec-08 23:31:34

Don't they sell stuff in some boots stores too?

They made a big boo boo when I worked for them and went head to head with mothercare and started selling prams, cots etc in the bigger stores. only lasted a yr and cost them a fortune

MaHumbug Mon 29-Dec-08 23:37:12

I'm mourning a few of my favourite shops in my local shopping centre.
Tchibo
The Pier
Habitat
and I liked Whittards [bunting emoticon]

Other shops I like -
The homeware (esp. lighting, cushions and bedding) section in BHS and Homebase.
Laura Ashley
My cousin works in BHS and asked if there were any jobs going in my place.....

simpsonsChristmasSpecial Mon 29-Dec-08 23:38:42

Is Tchibo in trouble?

Oh noooooo they are my favourite shop!!

frogs Mon 29-Dec-08 23:39:30

Tchibo is still in our local shopping centre.

But they're a German company who've been going for years, so I imagine in hard times they might retreat a bit. They are a household name in Gm, mainly for coffee, but have never quite worked out their niche here imo. Not that cheap, either, compared with eg. Lidl.

paddingtonbear1 Mon 29-Dec-08 23:57:05

adams were top of my list...

apart from that,
JJB sports
BHS
Laura Ashley
Blockbusters
Body shop
Ethel Austin
maybe Comet/Currys.

Gap has gone downhill recently too - used to buy loads in there but hardly anything now.

kickassangel Tue 30-Dec-08 00:07:24

borders is american & still doing well in US, so may go in the UK but not die altogether. starbucks is struggling a lot in most countries.
laura ashley has had a lot of problems on & off over the years - took a lot to survive after attempting to break the US market.

i'm thinking stores that survived the 90s will probably do OK, eg bhs.

surprisingly, underwear sales often increase during recession, just like skirt lenghts go up. if you can't afford nights out, you stay home & make your own entertainment ...

a lot of the leisure industry could suffer, e.g. center parks type things.

MaHumbug Tue 30-Dec-08 00:12:37

Oh - I seem to be mistaken.... Tchibo went without much fuss in our high street and when I mentioned it to my colleagues they said Tchibo had pulled all of their stores from the UK. Sorry! (Come back Tchibo!)

Oh and The Body Shop have relocated from our high street to inside the shopping centre but isn't in a prominent place anymore so I reckon they've found it hard to pull in a profit this year locally.

ThornyRose Tue 30-Dec-08 00:13:10

I think there could be a boom in uk holidays with traditional english seaside resorts doing well as people cut back on foreign holidays, esp. if you consider the green issue as well.

blithedance Tue 30-Dec-08 00:13:41

Be surprised if Gap went, it's American too. More likely that they scale back in the UK.

I think it will either be luxury shops like Whittard or tired old chains that are not competetive in their market any more. But it depends a lot on their current financial position as to how they can weather a recession.

I do wonder who shops at Laura Ashley any more, they seem to have a perma-sale of odd, over-priced clothes.

ninedragons Tue 30-Dec-08 01:18:50

I'd be surprised if Monsoon didn't beef up its bridal business and let that tide it over. Two grand wedding dresses for the middle classes have been one of the most ridiculous, unsustainable trends of the past five to ten years and must be one of the very first things to go in an economic downturn. I predict every single wedding you go to this summer will feature a radiant bride in a Monsoon dress.

M&S are expanding into China, so they might be looking for stability that way. The shop in Shanghai is like the Running of the Bulls in Pamplona, but it seems to be mostly expats who have been going commando since their last pair of pants wore out.

Unbelievably, C&A are still operating in China but I think this year could finally finish them off. Their flagship store is vast, full of fugly synthetic clothes and completely empty of customers. They're like one of those poos that won't go away no matter how many times you flush.

goldFAQinsenceandmyrrh Tue 30-Dec-08 01:21:30

"They're like one of those poos that won't go away no matter how many times you flush. "

Surely a contender for quote of the week grin

Clicked on this thread to read the latest posts before heading off to bed - not sure my dreams will be quite so sweet now after reading that grin wink

LittleChristmasCracker Tue 30-Dec-08 01:31:08

please everyone go and buy something from Laura Ashley, they are my favourite home furnishings shop and I'd be lost without out them...

Their clothing is pants though!

FleurDelacour Tue 30-Dec-08 03:11:42

I agree with LCC re Laura Ashley. Lovely home furnishings but I wish they'd sort out their clothes. I haven't bought any clothes there for nearly fifteen years sad. The styles are the same boring stuff you see everywhere and the fabrics are not special anymore. Here in Singapore Gap and Body Shop seem to be doing well. Laura Ashley is very expensive (think double UK prices) and I rarely see a customer in there.

SheSellsSeashellsByTheSeashore Tue 30-Dec-08 03:59:31

My mum heard Debenhams(sp?) is in trouble? She is making sure that we all go and spend our vouchers this week.

I think Currys and a few more travel companies.

Fastfood chains <or the one I work in> are doing well. Funny you would think that eating out would be the first thing people cut back on?

TWINSETinapeartree Tue 30-Dec-08 04:29:24

ASOS is booming , the MD was interviewed on R4 and he said they are almost credit crunch immune as many of their customers are not affected by things like falling house prices, rising utility bills etc. There is a section of society that will always buy an outfit for Saturday night.

Superdrug seemes to have been in the past for ages as does Past Times if they are still going.

TWINSETinapeartree Tue 30-Dec-08 04:30:23

Agree about the body shop, I think it has had its day really.

TWINSETinapeartree Tue 30-Dec-08 04:31:21

Has Ethel Austin not already gone.

TWINSETinapeartree Tue 30-Dec-08 04:33:41

I cant believe Debenhams are in trouble, they had some dark days in the past but I think they have marked out their territory for eveningwear and designer names. THey succeeded in doing this where M and S failed IMO,

ninedragons Tue 30-Dec-08 07:37:24

Laura Ashley need to get a grip. We have a factory outlet near us that sells things like smashed mirrors for 30 quid, and shirts with full-length rips down the back. Anything nice is the full price. They need to work out the difference between factory second and skip fodder.

SoupDragon Tue 30-Dec-08 09:11:16

Tie Rack

SoupDragon Tue 30-Dec-08 09:14:53

BHS will go before Debenhams. Can't convince myself that Debenhams will go.

dilemma456 Tue 30-Dec-08 09:18:41

Message withdrawn

PuppyDrunky Tue 30-Dec-08 09:19:04

High end will be ok in a recession as richer customers won't be affected. The more middle of the road, budget shops are the ones to worry about - I'm hoping DFS so we can stop those atrocious adverts... wink

Flihgtattendant Tue 30-Dec-08 09:21:24

I think this is a very morbid thread sad

I think it's fair enough to speculate and discuss all the time with the employees and their families upfront in our minds

But not to make a silly game out of it. Shameful really sad

Flihgtattendant Tue 30-Dec-08 09:23:00

I can see it's turned into a sensible discussion mainly though.

I can't bring myself to add suggestions, though I do have suspicions - it feels bad.

ohdearwhatamess Tue 30-Dec-08 09:28:27

Clinton Cards
Jessops
BHS
HMV
Waterstones (will close many branches, if not full scale administration)
Whistles
Crew Clothing (may have name wrong - boaty chain, bit like Joules, but more expensive and with snooty staff)
Dorothy Perkins
Laura Ashley clothes (think home furnishings may stay)
Wickes
Focus

morningpaper Tue 30-Dec-08 09:28:54

pc world

SoupDragon Tue 30-Dec-08 09:32:05

A good number of the discount carpet companies.

goldFAQinsenceandmyrrh Tue 30-Dec-08 09:33:49

SeaShells - perhaps fast food chains are doing well as people think rather than going out for a (pricey) pub lunch they'll just grab a quick burger??? Perhaps on the same line as someone mentioning places like Costa (they're just openend one near us and it's always heaving) do well as people spend £2 on a coffee rather than £50 on a haircut?

Flihgtattendant Tue 30-Dec-08 09:34:53

Guys, these aren't just faceless companies - they are owned by real people with families.

And real people with families work there.

Can't you see how sad it is to play games with that?

morningpaper Tue 30-Dec-08 09:35:59

FS I think it's okay to discuss it

It will have no bearing whatsoever on anything

morningpaper Tue 30-Dec-08 09:36:13

FS meant to be FA

Flihgtattendant Tue 30-Dec-08 09:36:29

Yes discuss by all means but playing bingo?

lalalonglegs Tue 30-Dec-08 09:44:01

Surely some of the mobile phone shops have to go?

BlueCowNowIsLowingAndDCAwake Tue 30-Dec-08 09:44:34

this feels like a conversation with ageing relatives - officers club going?
no dear they went years ago!
what did you say?
officers club? never heard of them!
no, was on bbc news.
Who?
When was that then?

and on and on. My bet would be all those sports shops that are always empty.

Says bluecow who hate shopping anyway...

Thinking about the shops that always have either huge sales or are always pretty empty...

Superdrug (huge sale on christmas eve-never heard of that before with them)

The BodyShop - prices have gone up and always empty

Debenhams - they seem to constantly have upto 70% off and is like a jumble sale; would be a shame to see it go, though

also lots of small businesses in the hair & beauty industry have opened up in recent years; I can't see all of them surviving in lean times sad

jojosmaman Tue 30-Dec-08 09:55:59

FA I think you can clearly see that no-one is actually playing bingo, just discussing companies who may or may not go into admin in the new year.

Bluecow- it sounds like that because no-one really knows for sure who has definately gone from the high street. Actually the companies announce the administration which is then jumped on by the media to emphasise credit crunch headlines but hours later the same company announce they have been bought out and "saved" but this is rarely reported (as they are never really saved, just broken up or a few stores saved, a tactic normally used to avoid paying suppliers angry). This is what has happened with Ethel Austin, mark one, Officers club and usc to name a few.

If anyone wants to keep up to date, this is probably the most accurate for retail industry news but is not as informative as the weekly mag for some reason?!!

morningpaper Tue 30-Dec-08 09:57:26

I think the Body Shop went pear-shaped when it sold out "to L'Oreal"

No customer loyalty left now - shame

it is a shame MP, I used to shop there fairly regularly.

goldFAQinsenceandmyrrh Tue 30-Dec-08 10:01:34

when was it they sold out to L'oreal??? <<<<<<<<curious>>>>>>>>.

morningpaper Tue 30-Dec-08 10:02:53

2 years ago faq

I think a lot of people used to shop there for 'ethical' reasons but that incentive sort of turned on its head

CharleeinChains Tue 30-Dec-08 10:03:35

As long as Lush doesn't go anywhere im happy. Our is always packed so hopefully it wont. smile

nancy75 Tue 30-Dec-08 10:05:42

yes, selling body shop made to l'oreal made the whole idea of the body shop abit pointless really, i have noticed that they have opened a few new stores recently, but that was obviously planned before all ofthis happened, their stores are always empty.

morningpaper Tue 30-Dec-08 10:07:24

yes Nancy it seemed like a bonkers takeover

Now they are just judged on their products really, rather than their ethical stance - and their products are basically nicely packaged v expensive bog-standard slap

goldFAQinsenceandmyrrh Tue 30-Dec-08 10:08:40

ah - wasn't as long ago as I thought.

I used to love the Body Shop before I went out to Zim, when I came back I eagerly went in there and was rather disappointed with it.

wondered if they'd sold out when I was away (was 2 1/2yrs I was gone for so enough time for it to potentially change) and that's why it wasn't as good.

pantomimEDAMe Tue 30-Dec-08 10:14:52

Karen Millen's part of a big retail group that I think also runs Oasis among a heap of other stores. The owners are Icelandic...

MarshaBrady Tue 30-Dec-08 10:15:32

I wonder about Selfridges and Harvey Nics.

Haven't been into the former for five years or so as pretty much gone downhill, and the HN looked diabolically disappointing when I went during a sale. Hot and confusing.

People who can afford these places could Netaporter etc now days.

<although Liberty will be fine, hopes>

pantomimEDAMe Tue 30-Dec-08 10:16:17

Decent employers, btw, have seen my friend through three maternity leaves, promoted her and investigated opportunities for further development, giving her time off to study for even more professional qualifications.

DoNotsAntlers Tue 30-Dec-08 10:18:34

I have heard that PC world is in trouble....but then I would have thought that currys/dixons would have kept them afloat.

I reckon Dreams and homebase will struggle.
I think B&Q will be OK. As will the Arcadia group (BHS, DP, TopShop/Man, Burton, Principles Tammy Girl?, Etam?) I thought that JJB were struggling - bt then aren't they part of arcadia?

I think Matalan will struggle.

What about the food chains? Harry Ramsdens maybe?

Choices video rental?

What about supermarkets? KwikSave (was shocked to see that still going yesterday)? Somefields?

nancy75 Tue 30-Dec-08 10:19:04

i would say somewhere like selfridges would be ok, due to the tourist attraction side of it and also as a store made up largely of concessions they dont pay the staff, the concession company does, so their wage bill would not be as huge as you would think.

nancy75 Tue 30-Dec-08 10:21:16

does etam still exist? i thought they closed about 5 years ago, monsoon bought alot of their shops iirc.

DoNotsAntlers Tue 30-Dec-08 10:21:33

I thought that mothercare were part of arcadia too now??? I'm sure they used to be part of the BHS group before BHS was taken over by Arcadia.

I think that Brantanno will be OK....Barrats/ShoeZone more at risk first.

Maybe we should have categories....and nominate the first to go in each category???

DoNotsAntlers Tue 30-Dec-08 10:23:45

Dunno Nancy - that's why I question marked it. It was the same chain as Tammy girl wasn't it? Tammy girl still exists (at least within BHS stores) doesn't it?

The Etam store here was taken over by TopShop/Man though a couple of years ago.

LIZS Tue 30-Dec-08 10:26:18

Staples, Harveys, B and Q, ELC/Mothercare, JJB (but their sale is already under negotiation iirc), Comet, QS, Mackays, Laura Ashley , Milletts(Blacks), Gamestation. Chains like Tchibo and Gap may retrench, closing less profitable outlets as leases expire, but as their main funding is from abroad it won't affect the whole brand yet.

SoupDragon Tue 30-Dec-08 10:27:20

I think Lush could struggle. Weren't they reborn out of the ashes of Cosmetics to Go?

apuppydaviesisforlife Tue 30-Dec-08 10:58:41

my money's on:

jessops
clinton
body shop
bhs
currys
whsmiths
and shock m&s

angelene Tue 30-Dec-08 11:05:35

What about House of Fraser?
Please not Selfridges! It's my favourite shop in the whole wide world and I've got £100 to spend there!

simpsonsChristmasSpecial Tue 30-Dec-08 11:08:39

Tchibo still exists in my local town.

Got loads of Waterstones vouchers for Christmas...guess I had better get spending!!

C & A still going in other countries. Are they a Dutch company? Are loads of them in Holland

Heated Tue 30-Dec-08 11:12:10

WHS
Focus
Body Shop
Laura Ashley
Fenwicks
BHS (sadly)
Clinton Cards
Dolland & Aitchinson
Goldsmiths

titmouse Tue 30-Dec-08 11:50:55

Soupdragon yes indeed, I am glad somebody else remembers Cosmetics To Go, I used to love their catalogues. A lot of the original COG products have been resurrected in the B stores. I was not surprised when they went bust as their packaging alone was an art form and they used to chuck free stuff into all of my orders, like some over-indulgent grandma rather than a company trying to make a profit!

I would be very sad if Lush were to close, I am a frequent and often obsessive customer, but their B stores are probably at risk as their products are pretty expensive (although gorgeous) and they have many competitors.

llareggub Tue 30-Dec-08 14:04:55

I agree about House of Fraser. It has gone downhill massively and really can't compete with good old John Lewis.

merryberry Tue 30-Dec-08 14:09:18

i reckon past times will be ok solely thanks to the shopping activity one of my step parents...(points to odd collection of gifties we got this year )

DoNotsAntlers Tue 30-Dec-08 14:11:50

I think that Littlewoods will go before BHS.

I think Halfords and Magnet are another 2 which could be on dodgy ground...

DoNotsAntlers Tue 30-Dec-08 14:12:41

And for those saying Jessops...I think they have already called in teh adminsistrators...

SummatAnNowt Tue 30-Dec-08 14:21:38

er... this thread has named just about all the shops in our small city centre!! Will we be reduced to bartering with the neighbours then?!

llareggub Tue 30-Dec-08 14:27:09
SoupDragon Tue 30-Dec-08 14:31:29

I thought Littlewoods had already gone from the high street.

LIZS Tue 30-Dec-08 14:35:14

do Magnet still have their own outlets ? Littlewoods trade as mailorder only now.

tattycoram Tue 30-Dec-08 14:38:45

I'm amazed the Body Shop is still staggering on. I haven't bought anything in it since it was bought by L'Oreal. It's very expensive now and as someone else said, the products are pretty average, so if you don't feel that you are doing a "good" thing by shopping there, there's no reason to go in.

M&S can't go down surely? That would absolutely freak the country out.

UnquietDad Tue 30-Dec-08 14:44:52

It's all very well for people to see the funny side now, but when the impact on the job market is felt...

Also it may seem amusing if you live in a small Middle England town whose shops are nearly all trinkety boutiques where people with more money than sense, even in a recession, will keep them going.

Not so funny if your High Street is dominated by some of the chains which have already gone under and those which could. It makes you wonder what's going to come in to replace them - I keep getting visions of British high streets with every other shop either boarded up or steel-shuttered. This is especially a worry in a city which, even pre-recession, wasn't renowned for its investment opportunities.

Even in the good times, companies (short-sightedly, based on the city's exam performance which supposedly is an indicator of its workforce - yeah, right) were reluctant to invest here. They tend to go for the out-of-town shopping centre or our "richer relation" a little further north...

goldFAQinsenceandmyrrh Tue 30-Dec-08 14:47:47

UD - I think this is what referred to as "black" humour, we know darn well it's not funny in the slightest.

I was joking on a thread the other day about having nothing to lose and got shot down in flames (by a name changer who outed themselves when they forget to change to back themselves up grin). Despite the fact that the reason I have nothing to lose is because I've already "lost" it - ok I@m still living in this house, but not for much longer...........

And hell if I'm not making dark humour about it I'm doing what I let myself do last night, getting down about it.........

LadyMuck Tue 30-Dec-08 14:56:50

Would have thought that it would be the standalone chains that are more at risk. Which stores are part of Arcadia these days? Times is suggesting Debenhams have problems. I thought that the rent due this week was going to be a major issue (hence the number that went this week I assume) so I wonder why so many will go in January?

apuppydaviesisforlife Tue 30-Dec-08 15:02:20

i've already lost my job thanks to the downturn, does that mean i'm allowed to play? hmm

UnquietDad Tue 30-Dec-08 15:04:46

The cold wind will start to sweep through here in two months or so, when the first "DH's firm has gone into administration, he's lost his job, oh heavens, I've got to give up the cleaner and gym subscription and the DCs may need to go to the rough school, AIBU? WWYD, blah-blah" threads start to appear.

SoupDragon Tue 30-Dec-08 15:06:12

UD, I don't think anyone is actually playing bingo. I was walking through the shopping centre yesterday and thought that Tie Rack must be on the at risk list though.

goldFAQinsenceandmyrrh Tue 30-Dec-08 15:06:45

UD - not sure where you've been - but we've already had several of those threads sad

SoupDragon Tue 30-Dec-08 15:07:03

hmm

SoupDragon Tue 30-Dec-08 15:07:40

Yes, given that the first to go were banking/finance firms you're a little behind the times.

ThornyRose Tue 30-Dec-08 15:09:04

Harsh UD, will you look so disparingly at the threads that say DH's firm has gone into administration, he's lost his job, oh heavens, we are going to lose our house and the DC may have to change school when we are allocated a council house?

muggglewump Tue 30-Dec-08 15:09:43

I was on the bus yesterday and overheard a woman I vaguely know who works for Woolies saying that some of the profitable shops (ours is one of them) may stay open under something or other (I didn't quite catch what that was) but that's a rumour in the shop and they know very little. Ours will be open till the 6th definitely though.

Just thought I'd pass it on if anyone's interested.

UnquietDad Tue 30-Dec-08 15:11:45

Well...people thought "fat-cat" bankers were "fair game" at first until they worked out that these were people's jobs being threatened, and not just the hedge-funders but also their cleaners, photocopier-menders, caterers and so on. Now it's hit the high-street things are a bit different and people will see the effect instantly - a shop in your street will disappear, someone on your road or in your block will be newly unemployed. It'll be true for everyone.

TWINSETinapeartree Tue 30-Dec-08 15:13:19

UD I live in one of those Middle England towns with little boutiques and we are feeling the credit cruch we have lost 2 gift shops, 2 pubs, a card shop, woolies, a shoe shop and about to loose a book shop. It does make me worry what is going to appear in this place.

I feel for employees of course but have very little sympathy for those at the top. My ex's family owned a large chain of stores that went bankrupt, it caused untold grief to their employees but to them it just meant that their debts were cleared. They still love their overly extravagent life style, there kids are still privatlet educated and they still live in their huge house while others suffered.

TWINSETinapeartree Tue 30-Dec-08 15:14:56

I used to buy quite a lot in the body shop but have never stepped foot in a store since the Loreal buy out I bet that is quite common.

apuppydaviesisforlife Tue 30-Dec-08 15:15:26

nobody here is gloating ud. i repeat - i already lost my retail job, am i only allowed to make harmless quips if my family are on the breadline? or only in the privacy of my own home when i can't afford an internet connection any more hmm

goldFAQinsenceandmyrrh Tue 30-Dec-08 15:17:11

and I hate to burst your bubble UD - but many of the threads of those natures haven't been "oh I'll have to get rid of the cleaner/put the DC into state schools" - it's been the "I'm going to lose my home/struggle to live" type ones.

UnquietDad Tue 30-Dec-08 15:21:22

I know, I was being a little provocative there...

goldFAQinsenceandmyrrh Tue 30-Dec-08 15:22:26

blush - sorry just feeling a little teeny wee bit sensitive as I settled into bed last night and looked around and realised it's the nearly the New Year and I'm going to have to start packing soon ready for when I move hmm

TWINSETinapeartree Tue 30-Dec-08 15:22:34

grin UD

I wish I could have had you to hand when I was married.

UnquietDad Tue 30-Dec-08 15:25:33

What would I have done? Cited just cause or impediment?!

DaddyJ Tue 30-Dec-08 15:29:38

'Also it may seem amusing if you live in a small Middle England town whose shops are nearly all trinkety boutiques where people with more money than sense, even in a recession, will keep them going.'

How very dare you slag off Richmond upon Thames, UQD! grin

I sort of agree with the tone of this thread.
Our sense of humour is the only thing that will keep us sane in the next few years.

Incidentally, I had a chat with someone who spent the last few days shopping
in Central London and she said it was packed to the rafters with Euro Shoppers
particularly from Spain. Shops that cater to tourists are presumably doing well then?

UnquietDad Tue 30-Dec-08 15:32:25

DaddyJ - I sort of had Boughton-on-the-Water in mind when I wrote that!

I suppose a "yer gorra laaaaaaarf ain'tcha?" attitude is one way of getting through it!

David Cameron must be hoping to god he doesn't get elected any time soon and inherit this mess...

TWINSETinapeartree Tue 30-Dec-08 15:54:03

cited just cause, I was the lone voice of reason in a world of selfish decedance throughout my marriage.

Blockbuster (no 's' on the end) is part of a massive and hugely profitable American company. I would be very surprised if they went into administration, however, they may just close stores until they have quite a small number of profitable stores left.

Tinker Tue 30-Dec-08 16:01:21

Habitat are also owned by IKEA aren't they? Do expect them (Habitat) to shut some stores though.

SummatAnNowt Tue 30-Dec-08 16:32:39

I thought Blockbuster weren't doing too well in the US these days.

andyrobo237 Tue 30-Dec-08 16:51:48

Currys should be ok given the volume of sales they have taken this year (DH works there) even if they had major problems with their computer system and were running out o stock to sell - DH organised an artic of TVs to arrive on Monday this week, which arrived a day early!! He reckons that they do not rely on finance, so not borrowing money rom elsewhere.

PC World is another story all together. They have been having difficulties for over a year that I know of, and they have rebranded some stores as 'destination' stores which have hands on stuff (not sure how they manage the security issue of that!). The staff are generally poor though, we went in twice while Christmas shopping in mid afternoon, and had to hunt out a member of staff who was useless - DH knew more than she did! He regularly transfers stock from the branch next door to his as PC World have failed to sell something, and Currys have been more helpful, and they get narked about that!

DH can see them being fitted inside Curry's branches - perhaps as a mezzanine level, as a lot of their stores are quite large and could fit another floor in. It would save on rent, and overheads, etc as they would only need one retail unit.

Comet I can see going, as well as BHS and the likes of Laura Ashley - who shops there?!

Our Woolies closed on Saturday and we went past yesterday - it is in a square with about 15 stores, and it was the largest - it is very sad, but I can see Tesco snapping it up for an Express store, which would be ok!

notcitrus Tue 30-Dec-08 18:22:46

Our Woolies shut the other day, which I'd been predicting for 3 years as invariably half the shelves were empty and stock dirty/broken. The Brixton one was half the size but had double the contents.

I'd predict a Tesco Express if there weren't already t3wo plus a sainsburys central and mini somerfield within a 1 minute walk.

Actually, that probably won't stop them...

Looked closely recently and more than 12 estate agents havr closed - quite a few are now windows-only with no staff, just sign on the door telling you which real branch to phone. so prabably 18 shut out of 36 or so.

eandh Tue 30-Dec-08 19:01:07

andyrobo - my brother is manager for currys store and has said very similar to what you put in your post

LIZS Tue 30-Dec-08 19:12:30

but margins on electricals and pc stuff, and toys, for that matter, tend to be tighter than other items so you need a very good throughput to compensate. Toy retailers used to only be profitable in the run up to Christmas so likes of Hamleys may well be vulnerable again.

Crimboprocta Tue 30-Dec-08 20:05:14

Firkins the bakers [tapping nose emoticon] Our local one hasn't paid the rent and the landlord has changed the locks.

Our local Lidl is expanding! They're building an extension as we speak.

DH suggests Homebase - not competitive enough, too similar to Wilkinsons et al. I remember reading/hearing some time ago that Wilkinsons use prison labour, so probably saving a lot of money that way as well as making a lot from thrifty shoppers.

UnquietDad Tue 30-Dec-08 20:30:43

Budget supermarkets seem to be one type of business actually growing in the current economic climate.

I suppose toilet paper must be doing well. That Davina bint off Hollyoaks (a while back), she's a bog-roll heiress, isn't she? I remember her smugly sniggering in an interview once about how Daddy owned Kimberley-Clark or something, and people would always need to wipe their arses.

And accountants. People always need them, whether their accounts are solid or parlous.

ChasingSquirrels Tue 30-Dec-08 20:32:52

thats good to know UQD, being one (acountant, not loo roll!).

simpsonsChristmasSpecial Tue 30-Dec-08 20:35:03

Our local Co-op has just closed down and the building is now a Morrisons.

Pizza Hut might also struggle i think....

Also Waitrose who are on the pricey side and always empty. Aren't they owned by John Lewis?

nancy75 Tue 30-Dec-08 20:37:02

waitrose is owned by john lewis, the 3 in my area are always packed, where do you live simpsons, i might go there to do my shopping!

llareggub Tue 30-Dec-08 20:38:31

Waitrose is always packed here, too.

LadyMuck Tue 30-Dec-08 20:38:49

Would expect John Lewis to be relatively secure due to the way it is owned/managed. They have a fair bit of land.

simpsonsChristmasSpecial Tue 30-Dec-08 20:40:37

LOL grin Its the Ealing one. I don't live or shop there but my mum chooses Waitrose specifically because it is always quiet and no queues etc. Glad they are busy in your area though...maybe they are ok grin

UnquietDad Tue 30-Dec-08 20:50:10

I think Waitrose/John Lewis will continue to do well, because they are to some extent niche. They aim themselves at the top end of the market and won't be hugely dented by the recession, because - and it pains me to say it - those who shop there are not going to feel this in their wallets as heavily as others.

Those at the cheapo end will do well - Aldi and Lidl and Poundland will pick up new customers.

It's the middle-range shops I fear for the most... Tesco, Debenhams, M&S...

nancy75 Tue 30-Dec-08 20:57:56

i dont think you need to fear too much for tesco, their profits may have been slightly down this year, but i think they probably still made a fair amount.

nancy75 Tue 30-Dec-08 20:59:33

have also noticed lots of mentions of debenhams being in trouble, i have a friend who is fairly high up in debs, they had a more profitable xmas this year than last, lots of their heavy discounting was planned in and bought for.

fizzbuzz Tue 30-Dec-08 21:22:18

Woolies and Adams...both childrenswear retailers.(Although I never shopped in them)

On here people have tipped Next M&S and Mothercare as well.

If another one goes it could be quite hard to buy childrenswer....

I thought Boots was in trouble

SnowballsintheSky Tue 30-Dec-08 21:55:25

Please can everyone stop foretelling doom for Next, Lush, M&S, Accessorize, Past Times, ELC and Mothercare. I personally keep these stores afloat and I will not see them go down the pan.

simpsonsChristmasSpecial Tue 30-Dec-08 21:58:50

Snowballs - I will join you on M&S, Next,ELC & Mothercare.

They can't go <<wail>>

LadyMuck Tue 30-Dec-08 22:01:16

Debenhams is in trouble because it owes £1bn to UK banks - and some of those banks are meant to be merging. They need to raise money somehow this year and much faster than before. They're not one of the ones that will go in the next month or two but they're in trouble by midyear unless they can raise a lot of cash from somewhere.

Lauriefairyonthetreeeatscake Tue 30-Dec-08 22:05:50

lol at 'fearing for Tesco' grin

All I can hope is that they make less profit this year and that people move on to local shops and markets

dietstartstomorrow Tue 30-Dec-08 22:21:10

Unquiet - seriously Tescos hmm If only!

Tinker Wed 31-Dec-08 01:06:05

"People always need them, whether their accounts are solid or parlous" Yes, but there will be less people who need accountants surely?

TWINSETinapeartree Wed 31-Dec-08 01:07:26

simpsons when I lived in Ealing that waitrose was always quiet, and that is 8 years ago.

SheSellsSeashellsByTheSeashore Wed 31-Dec-08 01:16:11

Pizza Hut is owned by a company called Tri something or another that own Pizza Hut, KFC and Taco Bell and various other american fastfood chains.

The Tri something or another company is owned by Pepsi, so they will be fine.

I also think Tesco and Asda will do okay.

andyrobo237 Wed 31-Dec-08 07:59:10

EandH - glad to hear that other Currys Managers are saying the same - either the PR is good, or it is true!

Decent, reasonable priced childrens clothes are hard to find anyway, and the supermarkets (yet again) seem to be undercutting the general Childrenswear retailers. I have never shopped in Adams, the nearest one closed down over a year ago.

tigermoth Wed 31-Dec-08 08:13:22

One unfortunately named shop I saw open this year is called 'Life is Good' . It stocks a range of branded 'Life is Good' clothing (a bit like Fat Face stuff). T shirts with large 'Life is Good' slogens across the chest etc.

Saw a branch in Kingsbridge, in Devon. I think there are others. I feel its days are numbered, unless its shoppers have a taste for irony.

LIZS Wed 31-Dec-08 09:20:03

I see Morgan has also gone already

dilemma456 Wed 31-Dec-08 09:38:26

Message withdrawn

Andyrobo - what is the square without Woolies?

SoupDragon Wed 31-Dec-08 10:05:17

I don't think Hotel Chocolat is in a good position. Not financially particularly but they are completely unnecessary - maybe they'll reduce to internet only. I think established places like Thorntons may survive though.

paddingtonbear1 Wed 31-Dec-08 10:14:24

even dh won't go in hotel chocolat - and he's a chocolate fiend! He says it's just too expensive.
woolworths did these bars he liked, and he's not seen them elsewhere. A couple of weeks ago he went in and must have bought all their remaining stock!!

jojosmaman Wed 31-Dec-08 10:15:27

Morgan retail went ages ago (although you can get wholesale as their French side is still going... somehow!).

Thought about Faith as well, the shoe retailers, following the tracks of Dolcis/ Shelleys

mamaolivia Wed 31-Dec-08 10:18:59

Went into a WH Smiths yesterday in a nearby town. Literally had to ask if they were still open (at 3pm) cos there was noone else there. Could practically see the tumblweed blowing around between the shelves...

notcitrus Wed 31-Dec-08 13:37:53

Thought Hotel Chocolat was expanding and was net-only until recently?

I predict various mid-range shoe and clothes stores will go - Barratts, French Connection, principles etc.

ohdearwhatamess Wed 31-Dec-08 13:45:36

Viyella? The one in our nearby city didn't open today.

Hotel Chocolat very insecurely financed (according to dh).

I'd be surprised at Tchibo being in trouble - one I walked by today was heaving.

MABS Wed 31-Dec-08 14:22:28

mate in the trade said Karen Millen in trouble

SoupDragon Wed 31-Dec-08 15:31:47

Morgan apparently collapsed in June 2006 but must have refinanced or something. They pulled out of the UK in March this year and filed for bankruptcy today (or yesterday)

goldFAQinsenceandmyrrh Wed 31-Dec-08 15:33:15

well according to this report Morgan has just gone.

TWINSETinapeartree Wed 31-Dec-08 15:34:51

Has Kookai gone, always been overpriced in my opinion,

SoupDragon Wed 31-Dec-08 15:46:44

Kookai went into administration in 2006 but, like Morgan, must have been rescued.

TWINSETinapeartree Wed 31-Dec-08 15:48:53

I thought I had heard that but was not sure soupdragin.

TWINSETinapeartree Wed 31-Dec-08 15:50:15

It is very worrying for jobs.

TWINSETinapeartree Wed 31-Dec-08 15:50:16

It is very worrying for jobs.

Clockface Wed 31-Dec-08 15:59:03

I was thinking about this today, shopping in an eerily quiet town centre.

Boots...has anyone mentioned that?

Clinton Cards

TWINSETinapeartree Wed 31-Dec-08 16:03:17

I think Boots has been mentioned, they always seem quite busy to me.

andyrobo237 Wed 31-Dec-08 16:04:38

pinkjenny - the Square is nothin without Woolies - not even worth visiting anymore,unless you need a Sayers Sausage Roll (I dont like them but DH and DD do!!!)

DisastrousNuclearAccident Wed 31-Dec-08 16:45:14

Wickes is another one I would worry for....and Staples.

There is a pretty big Staples near us and there are rarely more than 3 cars in the car park.

TheBlonde Wed 31-Dec-08 16:45:42

Not too sure about Gap
Stores in the US were pretty quiet with duff stock - CEO stuck a msg on their website to reassure people buying gift cards hmm

fizzbuzz Wed 31-Dec-08 17:03:59

Gap always always empty near me. No one in on first day of sale.

Now Staples near us is usually heaving,but something like 60,000 students here.......

LittleChristmasCracker Wed 31-Dec-08 17:04:22

L K Bennett is always empty

jojosmaman Wed 31-Dec-08 17:11:08

Morgan as a UK company may have just gone but as I said in my earlier post Morgan Retail (ie the stand alone shops) collapsed ages ago and have only been running their franchise op but the bbc spin out the story as if its just happened. Their franchise/ wholesale side is very small and so it is no major collapse but I can't remember much being reported when their main business closed months ago, wasn't deemed newsworthy then did it?

jojosmaman Wed 31-Dec-08 17:24:30

was not did

IllegallyBrunette Wed 31-Dec-08 18:19:11

Apparently BAY (clothes shop) are going too.

EachPeachPearMum Wed 31-Dec-08 20:09:19

Boots are enormous, and global, so doubt they won't survive.
PC world and Staples (and GAP and Pizza Hut) are all US owned- and they are huge brands over there so doubt they will go under, though they may pull out of UK of course, though unlikely for Gap.
Pizza Hut were already struggling over here recently- probably because of healthier lifestyles, and they have changed their menu quote a bit over past 6 months, presumably to try and keep some of their market share. I should imagine Nando's rapid expansion has also hit them hard, as they are similar price level/clientele yet Nando's is seen as 'healthy' food and they aren't.

WHS has a large online trade, and they also supply to commercial office stationery to many firms so maybe they will scale back high st presence, but survive.

House of Fraser have been dire for past few years, can't really see them surviving a major downturn- yes JL do what they do much better. Their stores are shockingly shabby looking, even before the 'credit crunch' started.

juneybean Wed 31-Dec-08 21:07:21

Has anyone said Au Naturale?

TWINSETinapeartree Wed 31-Dec-08 21:30:00

USC have gone, again that upper middle market.

snoopdog Wed 31-Dec-08 22:07:44

i think au natural have gone already (of sorts)

ratners and the likes next,

property dealers (as yet unmentioned on here)

agree jjb sports wear and equipment,

up market clothes shops (jigsaw, coast, monsoon, laura ashley)

music retailers (hmv, virgin, any cd suppliers)

agree, smiths (nothing anyone else doesnt do)

pier, coffee mug makers, 'fussy bits' shops no one really needs but buys, bhs, tammy girl, mark one, some 'card shops' comet/currys/pc world, maybe one of them,

it is depressing...

goldFAQinsenceandmyrrh Wed 31-Dec-08 22:11:11

snoopy - did you get my email smile

snoopdog Wed 31-Dec-08 22:14:51

i did my love

your boys are gorge

THANKYOU smile

goldFAQinsenceandmyrrh Wed 31-Dec-08 22:46:47

good smile - I'm crap at thankyou letters so thought an email was the safest way of making sure I not only write it but sent it grin

scrooged Wed 31-Dec-08 22:47:55

Has anyone suggested Lakeland? very exensive IMO.

BexieID Wed 31-Dec-08 23:39:41

I hate the thought of even more empty shops and people out of jobs. There are alot of places I don't shop in, so wouldn't be bothered if those went. I do hope Jessops doesn't go as I'm saving up for some studio lighting equipment and just love the smell of the shop!

Katiestar Wed 31-Dec-08 23:41:49

Better than 'dead pool'

scrooged Wed 31-Dec-08 23:51:37

They will be shops that target the rich and the wreckless.

I feel so sorry for the staff. What a start to the new year.

gagamama Thu 01-Jan-09 17:31:53

WHSmith
Rymans
La Senza
Staples
Mk One
New Look
Peacocks
Bhs
Superdrug
Flight Centre
Blacks
Madhouse
Game

Anyway, YANBU. Of course it's distressing to those employed by these companies and their families, but by identifying the companies at risk I don't really see how this is in any way contributing to their demise.

weirdbird Thu 01-Jan-09 21:13:50

Is blooming marvellous going under?

I knew they had bad debt problems, and there website has been offline the last 48hrs....

llareggub Thu 01-Jan-09 21:15:02

Blooming Marvellous has been down for days. Much longer than 48 hours.

weirdbird Thu 01-Jan-09 21:20:08

Had only been looking the last couple of days, as I wanted to get a gift for a friend thats expecting

spicemonster Thu 01-Jan-09 21:28:44

WHSmiths won't go under because the bulk of their operations is distribution of mags and newspapers. Having said that, they could wind up the retail operations.

I predict some windy abandoned high streets in the near future ...

jojosmaman Thu 01-Jan-09 21:31:49

Kate Kuba gone into administration yesterday according to Drapers.

RIP The Pier

jojosmaman Thu 01-Jan-09 21:35:03

Very sad to see it like that MaryPoppins, seems more real when you see the administrators details. I remember feeling the same about Ilva

simpson Thu 01-Jan-09 21:54:04

Blooming marvelous site has been down for ages. I had an email from them saying their site was down for renovation work but that was ages ago hmm

When i tried to buy some stuff before Christmas (early November TBH) everything I wanted to buy was out of stock sad

Think Rymans could be in trouble too. There are hardly any branches left as it is...

llareggub Thu 01-Jan-09 21:55:20

Our local Blooming Marvellous store is pretty quiet too.

EachPeachPearMum Thu 01-Jan-09 22:04:01

yy- Blooming Marvellous site been down for about 2 weeks- and I need feeding bras too sad
There was loads of stuff in the 'sale' back in early/mid december.
Can't see people like monsoon surviving either, but I would have thought cheaper stores like Superdrug would do better, as they are cheaper than Boots, yet sell identical brands.

Re La Senza- someone said earlier that lingerie sales do well in a recession due to people having to stay in and make their own entertainment wink

I think places like the Gadget store don't have much chance, and whilst mobile 'phone shops proliferate at the moment, I think perhaps some will consolidate/merge companies as there are really far to many at present despite the huge demand for services.

goldFAQinsenceandmyrrh Thu 01-Jan-09 22:05:04

our Boots and Superdrug are next door to each other, Boots is always heaving, Superdrug always empty.

simpson Thu 01-Jan-09 22:08:37

Think Superdrug tried to go a bit up market and failed massively

My mind has gone totally blank blush but sure superdrug own the really cheap chemist on the high Street now...

When our superdrug had its face lift I was in there looking for baby food (which they don't sell anymore!!) and there were loads of suits from their H/O taking pics etc and in all seriousness comparing it to Harrods shock

Frizbe Thu 01-Jan-09 22:21:10

I did read somewhere that Tesco food chains may be getting curbed in their expansion shortly, however as they've recently opened a Homestore near my mums place, I doubt this will affect them much.
The Debenhams in Derbys Westfield was being very badly run the other day when I went in, thus I ended up dumping my clothes on the chaning room attendant as I couldn't wait any longer for somewhere to try on hmm (2 cubicles, 4 person que went nowhere in 10 mins) the time I'd spent waiting,my friend had spent in the till que (only one person on again) so at least she brought something, whilst I just gave up hmm

Frizbe Thu 01-Jan-09 22:22:48

Spicemonster, WHSmiths Retail was seperated a while ago from Smiths Distribution, so they're unrelated now, so they may well go.

fairycake21 Fri 02-Jan-09 00:15:52

I have a Retailing degree and after reading the comments left i can now see that everyone is panicking due to the recession. Here's what i think of some of the companies mentioned:
LA SENZA- SAFE, if any of you have been researching into this you will know that sales of underwear have actually INCREASED due to the recession
M&S- SAFE, huge company operating in countries all over the world, loss of profit a few yars ago but back on steady ground
MONSOON/ACCESSORIZE- SAFE,again, quite a huge company, still opening stores in Europe, I actually work in Accessorize part time and i know that the company is doing well
NEXT- SAFE, another big company reporting increased sales....and look at how many people queued at 7am on Boxing Day for the sale?!
DOROTHY PERKINS- SAFE, as are all of Acradia
JJB- NOT SAFE, I used to work for Qube and i got out before it got sold to JJB now they are in trouble and closing all Original Shoe stores and Qube stores. Might even have to sell their health clubs, its all down to huge debt and Trading Standard investigations
HMV- SAFE, most people would rather shop in HMV than Zavvi due to better environment and customer service, better product selection etc, its the most reliable place to go and the most competitive
ZAVVI- NOT SAFE, why on earth due you think Virgin got rid of them?
DEBENHAMS- SAFE, even though they have huge amounts of debt, they will still be around

What you have got to understand is that most of the stuff that the press prints is just speculation, until it actually happens. Most large companies like M&S and Debenhams will be safe, aswell as Arcadia. They might report loss of profit or debt, but they will still be safe.

butterscotch Fri 02-Jan-09 01:23:00

Hell I hope whs doesn't go as I have loads of friends that work there grin since Katie (or is is Kate) Swan (or is it Swann) too over they were doing well, last xmas they had a load of special sales (mate gave me a heads up)!

Can't see next or boots or M&S going....

But Moonsoon & Accessorize the quality isn't there anymore, its no better than primark and 3 or 4 times the price! I bought a necklace and earing set for my ikkle bros wedding and I wore them from 12pm till 2am on the day of the wedding and the metal covering had started to go bad hmm so not impressed a friend used to work there staff get 70% of most stuff made in 3rd world countries..

Zavvi has gone as they where part of Woolies there online trading was covered by woolies so when Woolies went they lost a load...

Laura Ashley I don't think I have ever bought anything in but maybe its the homeware is too "flowering" and the clothes are shockingly bad grin whittards been in trouble for years would it really be a bad thing for them for them to go???

Thortons should go save hotel chocolate they rock grin

jojosmaman Fri 02-Jan-09 11:10:51

Hi Fairycake- Zavvi have already gone.

Agree with most of your comments esp re m+s and Next but one or two you have mentioned have had credit taken away from them recently (I work on supply side) which does not bode well, we saw this with Morgan, Select, Mark One, Ethel Austin, Internacionale before they went into administration or put up for sale. Some do come back in a slightly different form (eg Intenacionale from above) but generally its only a matter of time before they are closed one by one.

Re your point about Arcadia, yes the Arcardia group could bail out struggling brands eg Dotty P due to strength of Top Shop etc but if they don't believe the brand can sustain they are not going to throw good money after bad and may well sell off the brand, esp in the current climate.

fizzbuzz Fri 02-Jan-09 11:44:56

Boden????

MilaMae Fri 02-Jan-09 15:40:47

Fairycake what are your views on ELC?

simpson Fri 02-Jan-09 16:39:57

Just back from shopping in town and our Hawkins Bazaar is gone shock

It has only been open for a couple of months...unless they only rented shop for the Xmas period...

Simpson, I was jsut coming on to say the same thing, ours was only there for about 2 months and it's gone already I noticed this afternoon. Hadn't even had chance to actually go in there, I love their website.

Unless as you say they were temporary?

LunarSea Fri 02-Jan-09 17:23:11

Hawkins have always opened extra stores just for the run up to Christmas.

DaddyJ Sun 04-Jan-09 09:10:48

I don't think Blooming Marvellous will disappear,
probably taken over, though.

So it seems any retailer backed by Icelandic money or rather credit could be in trouble.

Marthasmama Sun 04-Jan-09 09:28:19

I've heard that Jigsaw are in trouble and they had their sale BEFORE January which, to my knowledge has never happened before! In Bluewater they were ALWAYS the last to start their sale, but not this time. I really hope Monsoon doesn't go. I've got a 3 month old baby girl and after years of buying boys clothes am relishing the oppotunity to buy some pretty girlie things!

not sure Game will go.

This was the only store heaving in our city centre - both stores and the concession!

WHSmith, Homebase, La Senza, Jane Norman, House of Fraser, Dixons/Curry/Comet, Wickes, Blacks, Claires accessories would all be on my list

jojosmaman Sun 04-Jan-09 12:00:27

I also think Game will be ok as they will take some of Woolies market share now. I wonder which other stores will benefit from the demise of Woolies, maybe Wilkinsons?

gagamama Sun 04-Jan-09 12:05:35

I'm a bit worried about the mutterings about Hotel Chocolat, DP signed me up for their chocolate tasting club for Xmas (grin I know, I know!) and I haven't yet sent the form off - if they're likely to go bust this year then I'll just ask for a refund instead of DP paying for chocolate I'm not going to get throughout the year.

Anyone got any insider info on that one?

scaryteacher Sun 04-Jan-09 20:12:30

Blooming Marvellous are about to go - it's in the Daily Telegraph.

Hotel Chocolat have teamed up with Lands End and you can get their chocs via their website and catalogue as well.

As for Boden, given what I've spent this year - they should be fine!

randomcupsoftea Sun 04-Jan-09 20:38:25

companies need to make internet shopping easier & post overseas

andyrobo237 Sun 04-Jan-09 21:44:22

Conniedecending - Dixons and Currys are the same company, and PC World belong in their group, Comet is separate - used to be part o the same group as B&Q.

It is interesting to see the lists growing, and I can only foresee more as the months go by, but the way people were spending over Christmas as silly considering we are in dire straits as a country - or maybe they dont believe it!

LIZS Mon 05-Jan-09 10:59:49
unavailable Mon 05-Jan-09 11:07:06

What about WHSmith? The last few times I was in there - trying to spend gift vouchers - I found nothing. They seem to have vast amounts of rubbish hardback biographies and a few cds and dvds.

What would happen to all the Post Offices that have moved into WH Smith if they did go?

Sunshinesmith Mon 05-Jan-09 22:34:09
surreylady Mon 05-Jan-09 22:41:58

I know nothing - but my hunches would be - Phase Eight (75% reductions before christmas), Laura Ashley, JJB Sports

BoffinMum Mon 05-Jan-09 22:44:32

I am not surprised to hear this about Blooming Marvellous, because their clothes are now crap. They are all black and grey for a start, and the cut is absolutely terrible.

FAQtothefuture Mon 05-Jan-09 22:47:11

also link on the side of the Blooming Marvelous link says that Passion for Perfum has gone too....

We had one in our shopping centre (which is already very small)

Pignata Mon 05-Jan-09 22:48:57

Our JJB sports has a closing down sale this week.

thumbwitch Tue 06-Jan-09 18:02:18

Boots might not be that stable - they have been cutting back for a long time now, and closing some of their separate optician outlets, bringing them back into Boots the Chemist, in order to save money.

LIZS Tue 06-Jan-09 18:03:36

I wonder about GLTC too.

KingHerodNametaken Wed 07-Jan-09 14:34:17

Viyella clothing firm just gone into administration sad

Why so many clothes shops and high street shops?

BoffinMum Wed 07-Jan-09 14:47:01

Because the fact they sold merchandise was secondary to the fact they were really uber-commodities in their own right. People made more money buying and selling them as businesses than from the actually core business itself. So they were all mired in debt and money was only to be made by refinancing continually. That's my theory, anyway.

BoffinMum Wed 07-Jan-09 14:47:42

I meant actually from the core business itself but I have one eye on the telly while typing!

ComeOVeneer Wed 07-Jan-09 14:49:54

DH reckons the list is going to be huge. He is an insolvency lawyer.

LIZS Wed 07-Jan-09 14:53:48

I'm sure Viyella has been in administration before and was bought out. Over expansion , insufficient product differentiation, less design led and more expensive than some of the high street retailers relying instead on traditionally loyal customers and probably dependent on Far East manufacturers so will be hit by exchange rate.

Tinker Wed 07-Jan-09 14:55:51

JJB Sports has been in trouble for ages though. I suspect a lot of these businesses have been limping along for a while and this is teh final straw

Frizbe Wed 07-Jan-09 20:09:12

see M&S food are closing a lot of stores, just on the news sad main business is ok tho.

weirdbird Wed 07-Jan-09 23:29:00

Well Blooming Marvellous have officially called in the administrators

BEAUTlFUL Thu 08-Jan-09 00:09:13

BOOTS. CANNOT. GO. It's my favourite shop and I have £15 on my advantage card!

thumbwitch Thu 08-Jan-09 00:15:24

I went into my local Blooming Marvellous yesterday to see if they were having a closing down sale (bit prem, I know) and there was no sign of anythign so I said to the staff "has the report of your shop going into administration been exaggerated then?"
They looked a bit shocked and said "where did you hear about it?"
News, MN - they didn't know for sure themselves but of course were concerned.

They didn't have nearly enough stuff in the sale...

thumbwitch Thu 08-Jan-09 00:16:12

<brief hijack>
Hello Beautiful! How was your Stepford Christmas? grin

differentID Thu 08-Jan-09 00:17:34

so they didn't actually get told by their head ofice for definite? that's awful!

BEAUTlFUL Thu 08-Jan-09 00:19:33

Hi Thumbwitch! You lot had put me off Stepfording, so it was just OK. I miss it though! shock so am considering going back onto a self-tailored version. (All the same, except the cleaning bit.)

thumbwitch Thu 08-Jan-09 00:19:50

not obviously, no. in fact the woman I spoke to wrote "mumsnet" on the back of her hand, like she was going to go and look it up to see what was being said here.
Rude, innit.

BEAUTlFUL Thu 08-Jan-09 00:22:04

will subway go? I have a creepy feeling every time I see that chain, because someone I knew years ago once clutched my arm and said, dramatically, "Never eat at Subway. Swear to me that you never, ever will. The things I have seen... <gibber, gibber>" They'd just finished a summer job there...

differentID Thu 08-Jan-09 00:22:41

that's horrendous. THe company I work for makes all financial details available to most staff, and if, like me you're a nosy wench, you find out a lot of juicy gossip just by looking through piles of paperwork.grin

simpson Thu 08-Jan-09 00:24:55

Didn't the woolies staff here about their company going into administration on the radio?

Our local card factory is closing down so maybe they are in trouble...

Hope Boots not in trouble like beautiful I have about £10 on Boots card.

Went into Adams yesterday and they didn't seem to have much on sale apart from newborn stuff hmm

differentID Thu 08-Jan-09 00:26:17

The Adams where I live was open saturday morning as usual, by 2 o'clock in the afternoon it was closed and stripped of stock which is all waiting to be collected in plastiuc bags on the shop floor.

simpson Thu 08-Jan-09 00:27:33

Beautiful - you must be psychic LOL!!

I went past subway today on bus at peak time ie in lunch break time for offices etc and they were dead and I thought to myself they might struggle!!

thumbwitch Thu 08-Jan-09 00:36:06

Beautiful, that's a bit like Ginster's pasties - I have never touched them since I had a lodger who worked there in his school holidays - the things he told me!!
<shudder>

I never got a chance to get to an Adams - the only one I knew about closed before I knew they had gone into admin as well. <sigh>
This is getting ridiculous...

lostinfrance Sat 10-Jan-09 13:12:08

This is a horrible thread. It reminds me of rubber-neckers slowing down on the motorway to get a good look at a crash.

Most of the companies named are UK based retailers employing 'real' people - including lots of our own friends and relatives, I bet.

To get your kicks from puerile speculation on other people's misfortune is very sad.

FAQtothefuture Sat 10-Jan-09 13:13:44

lostinfrance - if you read the first few posts in the thread you'll see that the person who started it has already lost her job, and a few others who have joined in too have either lost theirs, are at risk of doing so.

I believe it's called black humour.

lostinfrance Sat 10-Jan-09 13:21:17

Black humour or pointless scaremongering?

GypsyMoth Sat 10-Jan-09 13:27:40

our local subway has GONE....just disappeared. noticed the other day...its a barbers shop now.

Adams.....gone,and its about 5 doors down from woolworths,so not looking good on our stret.

noticed 2 small card shops gone,and a few small indian own shops going too. they sell lots of house stuff and clothing....my mum used to buy sari material there to make her ballroom dance dresses years ago,so felt sad to see them go too.

kiddiz Sat 10-Jan-09 13:51:40

Agree lostinfrance. Ok op might have losr her job but speculating about other's misfortune is not excused by that.
My dh is about to lose his job but that doesn't mean I will be on here next week speculating about others about to join him on the dole.
So in answer to op yes yabu ...Getting entertainment from other's misfortune is at best poor taste and at worst cruel.

GypsyMoth Sat 10-Jan-09 13:54:57

which kind of jobs/businesses are actually "safe"?

kettlechip Sat 10-Jan-09 20:34:11

Brie - CAB workers, Job Centre workers, Samaritans, accountants, doctors, solicitors and pharmacists off the top of my head..

It's a sorry state of affairs really. Very sad, I will really miss shops like The Pier. Our local high street is decimated already, it's not an affluent town and without Woolworths (the biggest store on the high street) there's only a Boots, WHSmith and various low end shops to fill up space.

Eddas Sat 10-Jan-09 20:45:42

i'd take accountants off the 'safe' list. I work in a firm and they've laid of a junior this week. People forget that as self employed people go under, accountants get less work so we are infact affected (or is that effectedhmm I alwyas get it wrongblush) 'we'(accountants) may not feel the true implications for a while as businesses slowly start to go under, but it will undoubtedly affect ussad

teachers are likely to be unaffected, and agree with the others listed, but anyone realted to retail/construction/housing is likely to be IMO along with many otherssad it's gonna be a hard few years

IdrisTheDragon Sat 10-Jan-09 20:49:35

Card Warehouse/Cardfair have gone into administration.

The part of our local town that had Woolies is getting emptier by the day - it had Woolies, Card Warehouse and M&S Simply Food (which is one of the ones going).

kettlechip Sun 11-Jan-09 21:10:06

Good point Eddas - DH even owns an accountancy practice - at this time of year it's manic and he's there working right now, but he's had a few clients go bust so that's bound to have a knock on effect later in the year. I guess nobody working in the private sector is really very safe..

ohdearwhatamess Sun 11-Jan-09 21:21:11

I'd take solicitors off the safe list too. Dh (partner in city law firm) is shortly to have to make the horrible decision about which of his assistants to make redundant.sad

nymphadora Sun 11-Jan-09 21:46:32

' Safe ' jobs, education, social care, health,

police, prisons, probation (crime rates increse in recession) dp 'jokes' I am in a growth industry working with young offenders

Subway are all franchises - so, whilst some may go, the company will continue trading (they are a HUGE US company)

There are 40-50 retailers who are planning to go into administration within the next few weeks. Most of them will use it to drop their unprofitable stores and will then set up a new company and retain their profitable ones (so not all the jobs will go).

Me and dh are retail surveyors and are really struggling atm sad

IdrisTheDragon Sun 11-Jan-09 22:38:57

I wouldn't say accountants are safe - the firm I used to work for has about 250 people at risk of redundancy.

frogs Sun 11-Jan-09 22:40:15

Insolvency lawyers should be a pretty safe bet. Bit of a bummer if you specialise in conveyancing though.

ChasingSquirrels Sun 11-Jan-09 22:40:57

agree that accountants aren't safe (despite someone saying they were further down and me smiling about it).
Most accy practices will be safe though, as practices. What they will probably do is shed staff.

Tinker Sun 11-Jan-09 22:46:37

Being a funeral director would be pretty safe

thornyrose Sun 11-Jan-09 22:55:34

I agree with lostinfrance and kiddiz. I think the OP is being unreasonable and a bit biazaree for even wanting to specualte on this.

I havent read anything in this thread which resembles 'black humour' either

GypsyMoth Mon 12-Jan-09 17:20:51

world of leather went into administration today....heard on lunchtime news...

nametaken Mon 12-Jan-09 17:22:15

and Findus

ssd Mon 12-Jan-09 17:24:57

Viyella in administration too

GypsyMoth Mon 12-Jan-09 17:26:19

wow....it seems to be a monday thing!!

Deemented Tue 13-Jan-09 08:57:15

R.I.P. Crispy Pancakes.....

FAQtothefuture Tue 13-Jan-09 09:02:33

actually I think that the thread evolved very quickly in a serious discussion about which companies were at risk and why rather than the "bingo" that it was started as.

I read this last night and felt so sad for those workers.

Awful for anyone losing their job in the current climate, but to find out like that with no notice at all must be even worse.

TheDevilWearsPrimark Tue 13-Jan-09 10:01:37

Habitat have been in trouble for a while

www.housewareslive.net/news/news.asp?id=5247&title=Habitat+store+closures+continue

Jessops, JD sports and John Lewis all had boosted sales over christmas so hopefully will continue to do well.

Muji is doing well too (thank god!)

Tinker Tue 13-Jan-09 17:55:25

Habitat are owned by IKEA, don't know if that'll make a difference?

MumHadEnough Thu 22-Jan-09 22:30:44

Empire Direct have gone under shock. Bit peed off as I paid extra for their membership card which gave me an extra 3 years warranty on an appliance I bought, I haven't even installed the bloody thing yet. Wonder if I should contact the administrators?

I suppose I should contact myself extremely lucky that I have received my appliances. I'm sure there are many people out there who have paid and haven't got theirs.

EldonAve Thu 22-Jan-09 22:38:36

how did you pay?

MumHadEnough Thu 22-Jan-09 22:45:31

Aha, paid by credit card! I always pay by credit card for large purchases.

However, the cost of the ED xtra card was only £30, its not that that's bothering me, its the loss of the extra 3 years warranty that is really the loss. I wonder if a warranty company has that liability?

MumHadEnough Thu 22-Jan-09 23:38:55

You know what, now I've had time to think about it, my lost 3 year warranty pales into insignificance when I've had time to consider the people who have lost their jobs and people who won't ever receive their appliances.

In reading the money saving expert forum there are a hell of a lot of people out there affected by this much more than me sad.

One thing that is worry me though, and I don't know if there's anyone out there knows anything about Store Cards, is;

I've just ordered a kitchen from homebase, its due to be delivered on 26th February. Its been paid for on my homebase card on 12 months interest free. The homebase card I believe is run by GE Capital.

IF homebase were to go under before I received my kitchen, would I stil be liable for the payments even though I've not received the goods.

Its puzzling me this one, as its not technically a credit card!

Thanks to anyone who can give advice.

EldonAve Fri 23-Jan-09 10:53:12

if they don't provide the goods then they can't force you to pay

Honneybunny Sun 25-Jan-09 10:32:29

Mum, we also ordered from Empire Direct: over christmas both our washing machine and dishwasher broke, and we bought both from ED with the same xtra card warranty.

Fortunately, we had both delivered before they went under... Sadly we recommended them to one of our colleagues, and they went and bought a TV of them on a (VISA) debit card. They have paid but not received TV. They are supposed to get the money back through chargeback scheme, but Lloyds are being difficult.
sad

Anyone any advice for them, as i feel awful (feel bit responsible for their trouble, as it was me who recommended ED)?

MumHadEnough Sun 25-Jan-09 20:13:40

Hi Honneybunny, they should definitely do chargeback under the visa scheme. There is some info from the administrators for people who paid with visa debit card here. There is also loads of info on moneysavingexpert.com regarding this.

Try not to feel too bad, it could have happened to anyone, its not as if you knew they were going under! I very nearly ordered a plasma telly from them on Monday morning myself! shock Thank God I changed my mind and got it from Littlewoods instead.

Regarding my other query about Homebase, I phoned them and just asked them directly. I spoke to 6 different people and not one could answer my question. All they kept saying was "we're not going to go into administration" and I kept replying "you can't possibly know that". I have asked for a copy of my credit agreement to see what it says in there. I mean surely I'm not the first person who's been thinking about this!

MumHadEnough Mon 26-Jan-09 23:11:27

Barratts & Priceless shoes have now called in the administrators too.

As per my post re homebase, they've just announced 300 job cuts sad

EldonAve Wed 28-Jan-09 10:35:22

Our local nice burger place has just closed sad(other branches still operating)

FAQtothefuture Wed 28-Jan-09 10:36:34

on of the pubs in our town has closed, was quite a popular one, it's sat there bar stools left from their last night open, glasses on tables, very odd

ForeverOptimistic Wed 28-Jan-09 10:36:45

I'm not surprised Homebase are struggling, their shelves are empty!

EldonAve Tue 03-Mar-09 07:28:14

So Shoe Studio & Principles are now in administration

SalopianGirl Fri 06-Mar-09 13:37:42

Just seen on Sky news that majority of Principles stores are set to close as a buyer has not been found!
Sob - Love their petite range!

FioFio Fri 06-Mar-09 17:08:51

deloitte was handling it

say no more

v sad, no sure why some of you get some perverse pleasure from it

EldonAve Wed 09-Dec-09 17:10:58

I know this is an old thread but wondered if there were any current contenders

I don't want to get stuck having bought gift vouchers that won't be honoured

bunjies Wed 09-Dec-09 17:22:15

Well, the Borders prediction came true.

IneedacleanerIamalazyslattern Wed 09-Dec-09 17:39:15

I was reading through it Eldon and it's funny there was a bit of disagreement about Borders some people saying it will go some people saying it won't.
Rather interesting to read over it actually seeing what people thought.

EldonAve Wed 09-Dec-09 17:42:53

I'm wondering about LK Bennett
Sale has started already with big reductions

I was shocked at Wine Rack going down this week...

EldonAve Wed 09-Dec-09 22:35:21

I didn't realise Tootsies, Dexters & GBK were also in trouble

mumhadenough Wed 30-Dec-09 22:41:07

Lots of Matalans with loads of stuff being sold off for £2!!! hmm is this a sign something is up, or are they just having a HUGE sale?

Meglet Wed 30-Dec-09 22:46:32

Matalan doesn't impress me when I go in there. And I can't believe how LK Bennet keeps going, ours always has a sale on and is still empty.

andirobobo Wed 30-Dec-09 22:49:34

Matalan do that most years - selling off stock for £1 IIRC from the last few years. I remember this thread from last year and it is interesting to see what was said at the time!

thesecondcoming Wed 30-Dec-09 22:51:44

Blacks
WHSmiths
Accesorize (buy a fake leather bag for £40 here or nip to primark and get the same for £4...)

Meglet Wed 30-Dec-09 22:56:20

Our WHSmiths must be losing money as they cram the aisles with so much tat that I (and presumably anyone with a pushchair) avoids it like the plague.

bramblebooks Wed 30-Dec-09 23:00:40

blacks went a month or so ago, second coming

WidowWadman Wed 30-Dec-09 23:06:09

I only noticed today that Blacks went. I'm still sad about Borders. I loved our local Borders.

Awassailinglookingforanswers Wed 30-Dec-09 23:14:34

ooo flipping 'eck Matalan can't go - I know it's not great stuff, but it's about the best we've got round here.

Matchingcardiganandtop Wed 30-Dec-09 23:17:34

Oh know we use our Blacks, I also missed Borders we always buy something from the Bournemouth or Poole one when we are there.

EldonAve Tue 05-Jan-10 16:29:28

Not surprised about Blacks - too many stores and not enough stock - I could never find anything to buy

VivClicquot Tue 05-Jan-10 16:34:42

Can I just clear up that technically, Blacks never went into administration?

They instead struck a deal with their landlords which meant that some of their unprofitable stores closed, but the vast majority are still open and trading and will continue to do so. Eyethangyew.

Note: I do not work for Blacks. grin

Hando Tue 05-Jan-10 18:03:14

Gregs will never go out of business.

If Dorothy Perkins and Next go then I will be naked.

DorindaG Tue 05-Jan-10 18:43:14

I miss Borders a lot..such a great range, but maybe they overstretched themselves a little.
Speaking of bingo (so many pages this thread I'm not sure if somebody has), there's at least one major chain looking dodgy as we get into 2010 (hello Gala) - they're closing clubs and ditching staff all over the place.

Cross my fingers other chains don't follow, or me and partner will both be up the swanny.

mippy Thu 10-Jun-10 00:09:13

Is there a list of companies which have gone this recession?

I still have a shopping bag from The Pier. I went in it once a year, when I needed candles for Christmas presents.

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