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hspexy
2 years ago
What do you think of this?
nicolajaynehend
nicolajaynehend2 years ago

I think this will be the next one to close its doors. It keep' s get worse. Every day there some thing new going on. I know some one brought it. But it will take a lot of money to get back on its feet. And if it every dose the people will pay for it. Because every thing will be dear to buy. That's how he will get his money back. But how long will it be before the new own can't make it work. Because people will say away because it will to to dear. Then it's back to square one again. No they should shut the doors now. Befor it gets out of hands. They all ready close there on line shop. 🦉🦉🦉🦉

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hspexy
hspexy
Original Poster
2 years ago

Yes I think it’s game over for them too, which is a shame. However, a lot of these big companies are often greedy and care little about their customers getting value for money (I’m sure the shareholders and senior execs have had generous bonuses over the years) - so if the new owner Mike Ashley is hell bent in creating another Harrods, then good luck to him, as I’ve no intention of shopping there

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RegularComper90
RegularComper902 years ago

Eventually we will have nothing left, the way things are going.

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hspexy
hspexy
Original Poster
2 years ago

yes it's very sad

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MrsCraig
MrsCraig2 years ago

Everywhere is closing down now! There will be nowhere left to shop soon! I used to love going into House of Fraser with my mum/mother in law when they came to visit. Loved their handbag section. I don't know how they are going to get back to where they need to be.

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hspexy
hspexy
Original Poster
2 years ago

yes it is very sad, and I am worried that it does sound like it's completely lost its way. We can only hope that the person who takes it over tries their best to sort the issues out - we don't need more dead spaces on our high street

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MrsCraig
MrsCraig2 years ago

hspexy Absolutely! We are lucky that our local highstreet doesn't have that many dead spaces, there are only 2 and these only closed down recently and this was due to the shops not doing well enough to survive. It has been bought by the guy who owns Sports Direct, so no idea if it will ever get back to where it needs to be. I went to look online for some ties for my husband and you can't access the website to order anything. There are a lot of issues that need to be sorted out.

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hspexy
hspexy
Original Poster
2 years ago

MrsCraig yes, from what I have read, there is a lot of legal stuff being hashed out, so their online store is not operating, and their brand suppliers are owed a lot of money, so they're taking a lot of the unsold stock back. Haven't a clue what the stores currently look like, but whatever is going on, it's certainly not a way to attract customers at all. I hope they do sort things out soon

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MrsCraig
MrsCraig2 years ago

hspexy I saw on the news the other day that a lot of the companies that supply them are owed loads of money, so if they are taking stock back then the stores must be pretty empty. The new owners are apparently not legally responsible for paying back the debt to the stockists, so no idea how that will be resolved!

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hspexy
hspexy
Original Poster
2 years ago

MrsCraig it does sound like it's in a right mess - it's such a shame as you never think of big companies being in such a financial state if they're all over the place - perhaps the fact they spread themselves so thinly was one of their problems? I think they tried to branch out in China and the Far East, but that never took off, so money certainly went down the drain in that respect

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MrsCraig
MrsCraig2 years ago

hspexy You expect big companies to be financially stable but you never know what is going on under the surface. Maybe they need to downsize and then build themselves back up again.

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Lynibis
Lynibis2 years ago

Going shopping will be a thing of the past soon because so many buy online now. I do buy online but only things like cd, dvd, books etc that i will not need to return. I like to feel the quality of material in clothing, size, colour etc, there are too many disappointments when shopping online. Used to love browsing the high street on a Saturday afternoon, stopping for coffee, catching a film etc. Now there are so many empty shops and the council/owners will not reduce rents which I don't understand. Surely it is better to have a reduced rent coming in than nothing at all and empty shops vandalised and covered in graffiti.

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hspexy
hspexy
Original Poster
2 years ago

I know what you mean. I know here in London the rates are extortionate, so local, small business owners cannot afford to run a business - the only ones that can afford the rent and rates are the big, faceless organisation that have already monopolised. It's so sad.

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AgnesFaludi
AgnesFaludi2 years ago

I am not wondering, there are certain stores only, so if u are not in the center if the city, you will not visit the store.

Also they charge online delivery fee, so I always think about to order or not.

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hspexy
hspexy
Original Poster
2 years ago

Yes they also charge for click and collect if you don’t spend above a threshold, which definitely puts a lot of customers off (I’ve certainly stopped myself buying because I didn’t want to pay the additional fees)

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AgnesFaludi
AgnesFaludi2 years ago

I will not miss them if they close all

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