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Republic to go into administration!!!
MoneyMac
Posts: 57 Forumite
Just heard on Sky News that the retailer Republic is to go into administration tomorrow with the loss of about 1000 jobs.
Another on bites the dust....where will it end?!!!
Can't help feeling there's more to come this year :-(
Another on bites the dust....where will it end?!!!
Can't help feeling there's more to come this year :-(
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Shame my daughter used them a lot.
Seemed to have a premium edge sitting between the big brands and the more budget minded outlets.
http://news.sky.com/story/1051145/republic-close-to-collapse-sky-sources"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
I fear you may be right; it doesn't seem like any retailer is particularly 'safe'.Just heard on Sky News that the retailer Republic is to go into administration tomorrow with the loss of about 1000 jobs.
Another on bites the dust....where will it end?!!!
Can't help feeling there's more to come this year :-(
I'm very hesitant to buy gift cards these days in view of what happened with Jessops and HMV.0 -
http://www.ft.com/cms/s/0/c1f2c80e-751b-11e2-a9f3-00144feabdc0.html
I wonder if the rental reviews have something to do with it...many are reviewed per quarter...March the next one..
At the end of the day people ain't getting a pay rise or if they are lucky 2%...basic items are going up much more than inflation so something has to give..
In this case young people don't have full time work...so shops are going to be hard it...difficult times.0 -
Yes definitely agree Reggie256, i think everbody is again becoming very hesitant and cautious!!
A shame as we all would like to see the light at the end of the tunnel, but i don't somehow think that is going to be this year, not as things look at the moment anyway:-(0 -
It's just been confirmed that they have now gone into administration.There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0
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worldtraveller wrote: »It's just been confirmed that they have now gone into administration.
get most of my clothes from there,
its a shame its closing down0 -
It's a shame. This is the first store that I can think of that has had quite a dedicated younger following. I do wonder therefore if it will resurrect, perhaps with a few flagship stores and a ramped up web presence.Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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vivatifosi wrote: »It's a shame. This is the first store that I can think of that has had quite a dedicated younger following. I do wonder therefore if it will resurrect, perhaps with a few flagship stores and a ramped up web presence.
Young adults with limited money and job prospects are becoming more wary of spending money. We have seen working families struggling, this now confirms that even the young spend thrifts are starting to be more prudent with their pennies. Won't help the economy grow but it will be one less shop for my son, (he's 16) to drag me into.Mortgage: Aug 12 £114,984.74 - Jun 14 £94000.00 = Total Payments £20984.74
Albert Einstein - “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”0 -
http://www.ft.com/cms/s/0/c1f2c80e-751b-11e2-a9f3-00144feabdc0.html
I wonder if the rental reviews have something to do with it...many are reviewed per quarter...March the next one..
At the end of the day people ain't getting a pay rise or if they are lucky 2%...basic items are going up much more than inflation so something has to give..
In this case young people don't have full time work...so shops are going to be hard it...difficult times.
rents arent reviewed every 3 months but paid every 3 months,and as you say the next rent day is end march0 -
I bought some products from Republic's website this morning as they had a free next day delivery offer on.
Anybody know what my consumer rights are if the goods don't turn up tomorrow?
Basically can I go into the store and take my receipt and take what I've paid for?Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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