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The High Street hangover

2

Comments

  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    where are these terrific sales figures?


    Quite a bit of encouraging news around, and in any event you don;t look at current figures to extrapolate a trend, instead you look at whats going on in the world that could make a difference and there is plenty to suggest a new propserity era for the UK is almost upon us;


    Emma Haslett Wednesday, 04 January 2012
    Sales at Next rose 3% before Christmas, while John Lewis saw a rise of 6.2%. Surprisingly positive figures, all things considered...

    http://www.managementtoday.co.uk/news/1110557/john-lewis-feeling-festive-next-sales-disappoint/
  • Conrad wrote: »
    Quite a bit of encouraging news around, and in any event you don;t look at current figures to extrapolate a trend, instead you look at whats going on in the world that could make a difference and there is plenty to suggest a new propserity era for the UK is almost upon us;


    Emma Haslett Wednesday, 04 January 2012
    Sales at Next rose 3% before Christmas, while John Lewis saw a rise of 6.2%. Surprisingly positive figures, all things considered...

    http://www.managementtoday.co.uk/news/1110557/john-lewis-feeling-festive-next-sales-disappoint/


    morrisons man morrsions!
    Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Even John Lewis couldn't avoid the high street gloom.
    All shops were down year-on-year with the best performances coming from Liverpool, Norwich and Leicester.

    Seems as if "on line" is the way to go.

    http://www.johnlewispartnership.co.uk/financials/weekly-figures/john-lewis.html
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    morrisons man morrsions!


    Sigh - looks like Morrisons are confident enough to take on 7000 staff;



    Supermarket giant Morrisons is to create more than 7,000 jobs next year as it continues its store expansion programme as well as developing its manufacturing and logistics arms.

    The company said it will open 25 new stores in 2012, creating jobs including butchery, bakery and fishmongery posts

    http://www.chorley-guardian.co.uk/news/national/morrisons_to_create_7_000_jobs_1_4059107
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Thrugelmir wrote: »
    Seems as if "on line" is the way to go.

    Don't fancy that. How I can I check I like something before I find it cheaper online?
  • wotsthat wrote: »
    Don't fancy that. How I can I check I like something before I find it cheaper online?

    Well that's what a lot of people do. Take Jessops for instance. Well informed staff who know about cameras, go down there, check out the goods, then find the cheapest place to buy online, that's what's killing off the High Street.
  • Conrad wrote: »
    Sigh - looks like Morrisons are confident enough to take on 7000 staff

    They're trying to expand their market share.

    ..and yet the CEO disagrees with you?
    I think it's going to be harder than the year we've just come out of," chief executive Dalton Philips said on Monday.

    Obviously you know his business better than he does!
  • Conrad wrote: »
    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.

    7000new jobs maybe,all for new stores,new stores which will put other retailers out of business and no doubt result in the loss of erm 7000 old jobs
    there are only so many teans of beans sold each week,regardless of how many morrisons stores there are
  • I was Once one a Morrison boy - they have a sound business model. Plenty of cash about spend spend spend bring on the boom and good times again
  • Thrugelmir wrote: »
    Even John Lewis couldn't avoid the high street gloom.



    Seems as if "on line" is the way to go.

    http://www.johnlewispartnership.co.uk/financials/weekly-figures/john-lewis.html

    exactly!! The thread is about the high street!!

    so people bragging about John Lewis, Amazon and Morrisions having rising sales when John Lewis and obviously Amazons improvements were purely down to increases online is laughable.
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