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Old 26-03-2017, 20:51   #1361
jockosjungle
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Probably doesn't help them that I'd never heard of them until this announcement
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Old 27-03-2017, 15:11   #1362
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They are pretty good. Mrs and kids have had shoes from them.
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Old 27-03-2017, 18:58   #1363
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Anyone seen a closure list for Jones ? My sister has asked is our local store closing or staying open as where she gets her daughter's school shoes.
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Old 28-03-2017, 16:29   #1364
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The one in Durham is closed already. Sign on the window "Nearest store Harrogate"

Screw that! Miles away!
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Old 10-04-2017, 22:17   #1365
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Jaeger now:

http://www.bbc.co.uk/news/business-39557933

700 jobs with 46 stores.
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Old 11-04-2017, 11:10   #1366
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Crikey, looks like Toshiba could be in trouble.

http://www.bbc.co.uk/news/business-39564956

Not sure how big they really are any more, but how does any company make a £7bn loss?!
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Old 11-04-2017, 16:53   #1367
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Crikey, looks like Toshiba could be in trouble.

http://www.bbc.co.uk/news/business-39564956

Not sure how big they really are any more, but how does any company make a £7bn loss?!
I heard that as well. How they have fallen. Unlike Sony they didn't have a Games System to save them but 2nd largest Chip manufacturer in the world and still making a loose due to other sides of the business though.
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Old 11-04-2017, 19:35   #1368
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They're pretty diverse I think, they own BNFL (the UK nuclear people) ultimately, and it ain't going so well.
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Old 11-04-2017, 20:03   #1369
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They're pretty diverse I think, they own BNFL (the UK nuclear people) ultimately, and it ain't going so well.

All the problems are from Westinghouse their US nuclear power business. A licence to lose money.

The electronics side still makes money just not enough to cover their nuclear loses.
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Old 11-04-2017, 20:55   #1370
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So we get the Japanese and the French to build our next generation nuclear plants and the wheels start to come off. No doubt we'll end up picking up the pieces at enormous cost.
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Old 11-04-2017, 21:47   #1371
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All the problems are from Westinghouse their US nuclear power business. A licence to lose money.

The electronics side still makes money just not enough to cover their nuclear loses.
Which is why they should be completely different companies so 1 doesn't take the other down..
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Old 12-04-2017, 05:16   #1372
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Companies in Administration/Bankruptcy Thread

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Which is why they should be completely different companies so 1 doesn't take the other down..

These mega diverse companies do seem to be going out of fashion. GE has shrunk in recent years (insurance the bit I used to interact with in previous job was sold, nothing to do with main business).

Creates a problem especially at the top for the senior leadership who probably didn't know what was going on until too late. You aren't going to find someone skilled in both electronics / IT and nuclear engineering.
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Old 17-09-2017, 11:39   #1373
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http://www.bbc.co.uk/news/uk-england-41292261

Just For Pets to go into administration
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Old 18-09-2017, 17:16   #1374
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http://metro.co.uk/2017/09/18/toys-r...stmas-6936328/

Could be Toys R Us next....
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Old 18-09-2017, 17:42   #1375
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In reality I think it could be any large retailer who seem to rely on the "can't be arsed shopping around" crowd. HMV hasn't gone bust in a while, must be due.
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Old 18-09-2017, 18:19   #1376
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HMV is quite a decent shop again now they've started selling records again.

Sent from my LIFETAB_S1034X using Tapatalk
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Old 18-09-2017, 18:35   #1377
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HMV continue to be supported by a music and film industry that would take a solid kick in the nuts with no proper high street presence. All that vinyl is on consignment - they don't pay for it until it sells, a deal not offered to indie shops. Indeed, I want to say all the stock is like that (don't quote me) which is why most stores no longer have security guards - it's not HMV's stock so they don't care if it gets nicked.

It's good they still exist but it's not a level playing field for other shops.
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Old 18-09-2017, 19:17   #1378
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At least we still have home entertainment stores for CD, DVD etc. In Scandinavia it has all moved online except for a few "chart" new releases in the largest supermarkets. I think Ireland has very little DVD retail after HMV Ireland went bust yet again and is now online only.

As said HMV survives as the big record and film companies want it to. So the product is seen by wider public not just us geeks online.

For stores on their last legs name many high street chains. Of the top of my head:
Game
Debenhams
House of Fraser
Wilko
have all had shockingly bad results this year.
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Old 18-09-2017, 19:30   #1379
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No need to use HMV in Leeds.
Crash and Jumbo are great.
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Old 19-09-2017, 09:26   #1380
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Quote:
Originally Posted by douglasb View Post
All that vinyl is on consignment - they don't pay for it until it sells, a deal not offered to indie shops. Indeed, I want to say all the stock is like that (don't quote me) which is why most stores no longer have security guards - it's not HMV's stock so they don't care if it gets nicked.
I'm afraid that's nonsense.

The seller has to pay for any goods not returned, so will bear the loss of any 'shrinkage'.

Even if they negotiate a deal whereby they are allowed a percentage of goods that do not have to be returned, because of shrinkage, it is still not in their interest to allow it to be stolen as they may exceed the allowance. They may also treat the allowance as just extra profit if the goods are not stolen.
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