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Old 13-06-2018, 15:20   #1521
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Many non chain shops are now 99p+ shops, and for sheer chutzpa, the prize must go to a shop in Shepherd's bush called "99p+ or less" - i.e. each item has a price.
I've seen adverts for sales where "everything is 50% off or less" ie nothing discounted more than 50%, and some things may not be discounted at all.
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Old 27-06-2018, 10:35   #1522
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Costa Coffee, Carpetright and now John Lewis all wobbling. It's unimaginable that JL might ever go, but I can see at least Carpetright folding sooner rather than later.
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Old 27-06-2018, 10:39   #1523
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Costa Coffee, Carpetright and now John Lewis all wobbling. It's unimaginable that JL might ever go, but I can see at least Carpetright folding sooner rather than later.
You sure about costa ? They want to split them off as they are doing so well
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Old 27-06-2018, 11:57   #1524
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John Lewis have just opened a New Flag-Ship store at Westfield,Sheps Bush extension..

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Old 27-06-2018, 11:59   #1525
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John Lewis have just opened a New Flag-Ship store at Westfield,Sheps Bush extension..

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It’s the Waitrose brand jl has issues with. They are claim 4 conscience stores and one supermarket.
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Old 27-06-2018, 12:11   #1526
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Carpetright is always going isn't it? I'm sure the good weather will send a few more retail stores to the wall.

Poundworld just seems to be vanishing, no buyer found
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Old 27-06-2018, 14:50   #1527
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You sure about costa ? They want to split them off as they are doing so well
Nah, you're right - the headline on the BBC said sales were down, but shares still went up. I did think it was odd, given the obsession everyone seems to have with overpriced frothy milk.
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Old 28-06-2018, 07:23   #1528
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With Costa the issue was sales per shop are down but because they are opening so many new ones total sales for whole company are up.

John Lewis isn’t just the sale of some Waitrose 5 stores, 4 to Co-op and 1 to Aldi. The John Lewis department stores are struggling. Two are reducing their size, Peterborough and unnamed location. They are also exploring options to get rid of unwanted space in others. Like HoF, Debenhams etc. the stores are too big for what they can sell in them today.
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Old 28-06-2018, 10:37   #1529
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I think splitting the business into John Lewis & Partners and Waitrose and Partners seems to be the key issue, they might look to sell off Waitrose or something

I always wonder why decent businesses need to massively expand, was John Lewis not doing well enough? it's not like they've got shareholders, I'd have thought the partners would have been happy to keep plodding along nicely.
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Old 18-07-2018, 19:05   #1530
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Gaucho in deep trouble. It might survive but looks like it's Cau places will disappear.
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Old 18-07-2018, 19:49   #1531
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The cau brand is **** and over extended far too rapidly. Terrible business.

Gaucho has improved a fair amount recently, at least the one on Swallow Street in London has.
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Old 18-07-2018, 20:40   #1532
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The cau brand is **** and over extended far too rapidly. Terrible business.

Gaucho has improved a fair amount recently, at least the one on Swallow Street in London has.
Went there about 10 years ago with our parents. It was almost pitch black and the only way to see the menu was with a torch. Navigating the stairs was a nightmare Ludicrous. Food was good though.

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Old 19-07-2018, 05:13   #1533
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As was many failures, one caused by management wanting to grow the business with no thought about profit.

Have been spending Ł15m a year last two years expanding Cau but the restaurants lost money at an operational level as well. So was crap business with no hope of recovering initial investment.
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Old 19-07-2018, 14:14   #1534
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Administration confirmed. As expected Cau has been closed with immediate effect and they are going to try and find a buyer for the Gauchos.
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Old 19-07-2018, 17:45   #1535
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It seems to be the modern way of doing business, making a profit doesn't seem to come into it, you just need to be massive to appeal to investors or something, or presumably pay yourself more as the manager of a large restaurant chain presumably earns more than the manager of a moderately successful restaurant.

One of the upmarket pizza chains closed in Warrington, I forget which, I think Zizzi, maybe it was the other one. Must have cost a fortune to open, closed after a few months.
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Old 19-07-2018, 18:45   #1536
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I don't think I've ever seen the words Zizzi and upmarket in the same sentence.
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Old 19-07-2018, 18:53   #1537
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It's Warrington, the competition is a Poundbakery and a Nandos
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Old 10-08-2018, 10:43   #1538
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Sports Direct buys House of Frasier for Ł90m.
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Old 14-08-2018, 09:44   #1539
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Time for an update on a company that seems to be on the downward spiral for ever, Homebase. Closing 42 stores, I'm surprised it still had that many, but apparently 200 left.

Always thought of it as fairly high end DIY shop, but last time I went in our it was like a bargain basement, just random oddments thrown on the shop floor, like it was in the last day of its closing down sale. Still rumbles on.
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Old 14-08-2018, 10:38   #1540
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They had a phase recently of filling the store with those wham boxes, thousands of the things.
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