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DSG Group status / * * Warning for those purchasing from DSG (Currys/Dixons?PCWorld)
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I was amazed/gobsmacked when Apollo opened a shiny new aircraft hanger store in Redditch last year..I went in there looking to buy a Samsung lcd tv and it was £75 quid dearer than I could get it in John Lewis with a 5 year guarantee..Just to confirm my own suspicions I looked at Apollo price match and it had all terms and conditions to get them out of doing it..
My question has already been answered ...these banks as we know really were stupid financing these companies... Anyone with half an ounce of sense will know they won't survive with that trading model. and I guess the banks (that means us these days) will loose out when it goes belly up with a bad debt.The Early bird may catch the worm ...but its the second mouse that gets all the cheese!0 -
I agree Mike, Apollo 2000 were well overpriced.
I work for one of the companies in the same group as Apollo 2000. We were sent home yesterday until further notice as there is no work. A deal was in place to buy the group yesterday but fell through last night. Hence why today Apollo 2000 and another company in the group ( Arrow Distributors ) are now in administration.0 -
mike_the_bike wrote: »I was amazed/gobsmacked when Apollo opened a shiny new aircraft hanger store in Redditch last year..I went in there looking to buy a Samsung lcd tv and it was £75 quid dearer than I could get it in John Lewis with a 5 year guarantee..Just to confirm my own suspicions I looked at Apollo price match and it had all terms and conditions to get them out of doing it..
My question has already been answered ...these banks as we know really were stupid financing these companies... Anyone with half an ounce of sense will know they won't survive with that trading model. and I guess the banks (that means us these days) will loose out when it goes belly up with a bad debt.
Whoops..I'd better be careful what I write in these forums!!!!!!!!!!!!!The Early bird may catch the worm ...but its the second mouse that gets all the cheese!0 -
i worked in PCworld, in the summer holidays...some of the customers are thicker than a oak plank (asking really stupid stuff) and the managers are thicker than a three dimensional building block made out of hardened stone.0
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Dixons groups are investing alot of money into refitting a lot of stores from all brands. Things are tight for everyone at the moment and because people buy on line and at tescos etc, retailers like Dixons and Jessops suffer. I would predict that any company that invests such an amount of money in bringing stores up to date are panicking a but but view such an investment to be worthwhile in the long term.
Oh, and by the way the new stores are gonna be cool, with play-tables and a more minimalist feel to them, thus bringing them up to date. I've been in one. So when you go in and play with that nice new Cannon Dslrin currys digital, rather than thinking, what if the company goes bust, i'll buy it online, buy in store instead and help protect your purchase yourself!0 -
Apollo 2000 were saved on Good Friday by a company called Hughes Direct. They bought the firm for £3.5 million, and will re-open 8 of the 12 apollo 2000 stores.0
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ihearttravelling wrote: »Dixons groups are investing alot of money into refitting a lot of stores from all brands. Things are tight for everyone at the moment and because people buy on line and at tescos etc, retailers like Dixons and Jessops suffer. I would predict that any company that invests such an amount of money in bringing stores up to date are panicking a but but view such an investment to be worthwhile in the long term.
Oh, and by the way the new stores are gonna be cool, with play-tables and a more minimalist feel to them, thus bringing them up to date. I've been in one. So when you go in and play with that nice new Cannon Dslrin currys digital, rather than thinking, what if the company goes bust, i'll buy it online, buy in store instead and help protect your purchase yourself!
Then a week after you purchased the item it goes faulty and you get a return code. go in to the store and talk about replacements only to find out they sold you end of line and the replacement will be £250 more expensive (oh but they will knock £40 off in good will) even though one of their partner companies sells the improved replacement for only £100 more they will not price match. Buy from DSG group again no thanks I think I'd rather go and boil my head. And I really appreciate being told 'if you had purchased the whatever happens policy we would have replaced it with the new model for free' (apart from the £8 a month fee the policy costs which other more reputable dealers give for free.)
But on the bright side the new stores are kinda nicely laid out.0
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