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One in five shops could close by 2018
Comments
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chucknorris wrote: »This is why I decided not to invest in commercial property a few years ago, it just worried me that the internet could have a significant effect on the long term viability of commercial property (as a whole, obviously some sectors will be affected more than others).
More interesting now is the value of the land for redevelopment. Far more valuable as residential.0 -
The catalogue companies were more popular years ago as they offered credit terms when most people didn't have credit cards.
Sure, some people used them as they had more choice if you didn't live near a large town/city but their biggest draw was the £1 p wk payments facility.
I know.
Now we have PDLs and Bright House.
My first hifi cassette deck was brought on interest free credit from the Coop, in my mums name. proper HP was frowned on by many but the Coop was "clean" and you got stamps."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 -
Thrugelmir wrote: »More interesting now is the value of the land for redevelopment. Far more valuable as residential.
That's what they are trying to do with the pubs in my area.
The pub chains are trying to sell them off and get them redeveloped into flats. The local development plan doesn't allow houses unless the plot of land is massive.I'm not cynical I'm realistic
(If a link I give opens pop ups I won't know I don't use windows)0 -
Takes me back to the days of Gfreat Universal Stores etc. Argos is owned by one of the successor companies. Very is I think another offshoot and one of the Credit Reference Agencies is also a legacy of this.grizzly1911 wrote: »I know.
Now we have PDLs and Bright House.
My first hifi cassette deck was brought on interest free credit from the Coop, in my mums name. proper HP was frowned on by many but the Coop was "clean" and you got stamps.
People used to rent stuff as well - Now RadioRentals I think is online and known as Boxclever.
There is no honour to be had in not knowing a thing that can be known - Danny Baker0 -
Takes me back to the days of Gfreat Universal Stores etc. Argos is owned by one of the successor companies. Very is I think another offshoot and one of the Credit Reference Agencies is also a legacy of this.
People used to rent stuff as well - Now RadioRentals I think is online and known as Boxclever.
A batchelor uncle of mine used to live in a "new" couuncil block back in the 60s. It used to be a novelty to visit, ride in the lift, race it up/down the stairs from his floor, and put rubbish down the chute -those were the days.:j
The television for the whole block was controlled by radio rentals or redifussion. Channel selection was controlled through a bakerlite knob/selector next to the aerial socket. The channel controls on the TV didn't work even when he brought his own TV. I think he still had to pay a nominal rental even after buying his own TV. Apparently portable areials didn't work - too young to have tested that theory."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 -
As consumers we should really be rejoicing in the death of the high street. The high rents push up the prices, and its us that ends up paying for it. Not to mention transport costs to get there, and parking.
I buy pretty much everything online except clothes, and I've even ventured into buying clothes online now, tailored shirts. I wouldn't do most of my clothes shopping online though, Im quite fussy about how I want things to fit.Faith, hope, charity, these three; but the greatest of these is charity.0 -
Takes me back to the days of Gfreat Universal Stores etc. Argos is owned by one of the successor companies. Very is I think another offshoot and one of the Credit Reference Agencies is also a legacy of this.
GUS was a mail order company that later bought Argos in the 1990s - Argos was (of course) previously Green Shield and were obliged to change their business model. GUS later sold the mail order side to the Barclays, who also bought the Littlewoods mail order business, and changed the business model to online as the Shop Direct Group and operate under a variety of brand names such as Very and isme. GUS then demerged into Home Retail Group and Experian.People used to rent stuff as well - Now RadioRentals I think is online and known as Boxclever.
Boxclever went bust in 2003. But, yes at one point every high street featured a Radio Rentals and a Granada outlet. Now they don't. Things change, Things always change.0 -
The future of your local high street is down to us. There is no point in relying on government.
Do I use the butcher in the high street or the one in the supermarket 2+ miles away. Today I have a choice. If things continue tomorrow I may not.0 -
The future of your local high street is down to us. There is no point in relying on government.
Do I use the butcher in the high street or the one in the supermarket 2+ miles away. Today I have a choice. If things continue tomorrow I may not.
May have already gone to far. The number of independent retailers left in many towns is a fraction of what it once was. The shops are that may now fail are those of the larger retailers. Where the financial viability of many stores is in question. When leases have expired an opportunity to close units down.0 -
G
Boxclever went bust in 2003. But, yes at one point every high street featured a Radio Rentals and a Granada outlet. Now they don't. Things change, Things always change.
Bring back Ronco and KTEL much better than these JML tosh."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
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