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The High Street hangover
CRASH_BANG_WALLOP
Posts: 661 Forumite
Heavy discounts fail to entice shoppers into splashing out as spending falls in both shops and on the web
No-one is spending. The hight street has taken a battering. Barrats/Priceless, Evans, D2 all gone in the past few weeks. No doubt more will follow.
Dark days ahead indeed.
http://www.dailymail.co.uk/news/article-2084151/The-High-Street-hangover-Heavy-discounts-fail-entice-shoppers-splashing-spending-falls-shops-web.html
No-one is spending. The hight street has taken a battering. Barrats/Priceless, Evans, D2 all gone in the past few weeks. No doubt more will follow.
Dark days ahead indeed.
http://www.dailymail.co.uk/news/article-2084151/The-High-Street-hangover-Heavy-discounts-fail-entice-shoppers-splashing-spending-falls-shops-web.html
Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
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Comments
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CRASH_BANG_WALLOP wrote: »
Dark days ahead indeed.
Meanwhile John Lewis, Amazon and Morrisions are posting terrific figures.
No surprise that lame business models are failing.
2012 is the start of the new boom of course.0 -
yeah no-ones got any money, newsflash
hardly a surprise that people are tightening their belts in this age of austerity'Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.'
GALATIANS 6: 7 (KJV)0 -
Plenty of money about .... those who have it are NOT spending in crapholes like Priceless Shoes!
Sensible money abounds and it's being spent on Rolls Royces, in John Lewis and Amazon .... Quality marques all of them.
Yes, the council house chavs are being squeezed ... so, poundland and the other junk shops are not doing well - but, tough, they have been given hand-outs all their miserable lives.
The Chav is dead - long live the BTL Money makers and home providers!Bringing Happiness where there is Gloom!0 -
Meanwhile John Lewis, Amazon and Morrisions are posting terrific figures.
No surprise that lame business models are failing.
2012 is the start of the new boom of course.
Yeah cool lets name two of the best stores who always post good figures....yeah lets do that.....smart. 2012 boom yeah if you say so.....you think its boom boom time for 2012.....suddenly the uk transforms itself yeah??? what? pay packets increase overnight? yeah
Chris Williamson, chief economist at Markit, which compiles the report, said: 'A 1.1 per cent drop in consumer spending in December caused expenditure to fall 0.9 per cent over the fourth quarter as a whole.
'With the consumer accounting for approximately two thirds of all expenditure in the economy, the downturn clearly adds to worries that the UK may be sliding back intoMaidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?0 -
RUN_RABBIT_RUN wrote: »yeah no-ones got any money, newsflash
hardly a surprise that people are tightening their belts in this age of austerity
ok albert......nobody spends....shops and the economy take the hit. Glad you agree albertMaidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?0 -
CRASH_BANG_WALLOP wrote: »ok albert......nobody spends....shops and the economy take the hit. Glad you agree albert
i do agree but i dont know why ur calling me albert'Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.'
GALATIANS 6: 7 (KJV)0 -
Meanwhile John Lewis, Amazon and Morrisions are posting terrific figures.
No surprise that lame business models are failing.
2012 is the start of the new boom of course.
Morrisons sales are down - hardly 'terrific figures' :rotfl:Reuters) - Wm Morrison Supermarkets (MRW.L) posted a slowdown in sales growth over Christmas and predicted this year would be even tougher than 2011 as shoppers' disposable incomes are squeezed and the country teeters on the brink of recession.
"I think it's going to be harder than the year we've just come out of," chief executive Dalton Philips said on Monday.
"The economy is in a difficult place and wherever you look, you see this sort of lack of confidence."0 -
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Morrisions are hring 7000 more staff. As I say, find the climate, not the weather. Simples.
Some European nations are struggling but over 75% of the world is in growth. Even America is now putting on c2% growth.
It amazes me so many people like looking in the rear view mirror. Ah well.0 -
where are these terrific sales figures?Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?0
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