Prezzo to Shut 94 Stores
News
One has just opened up in my area......and now they are closing hundreds, why did they even open in my area....makes no sense
Same with toys r us brand new store millions of pounds opened literally a few weeks ago and is now shutting I just don't get it!
lizzie95xx prehaps we should run these places as it doesnt make sense and then we could show them how its done lol
lizzie95xx they (TRU/Prezzo) are closing in areas where it's not profitable and opening in those that are. In US alone, Toys R Us is getting over 180 stores closed permanently.
I have been to TRU in Bayswater a number of times and I was more or less the only customer there while there were employees working. Dunno how that store is still going.
It feels like toy stores, department stores and the likes are destined to all be closed sometime in the future while supermarkets will survive, and coffee shops as well as convenience stores. You know, the essentials.
John Lewis and Selfridges will probably struggle to keep business going unless the majority of their customers are that loyal to them.
I think that people cut down on luxuries such as eating out and shopping in department stores when they need to save money as they have to think about what to spend their disposable income on!
When we were saving up for our wedding and house deposit, we gave up a lot of things. Neither of us bought new clothes or shoes for a year, we didn't eat out or get takeaways, we did anything we could to save money. It was tough at times but it was worth it. Unfortunately doing things like that means that businesses will struggle!
New look is due to close 8 of its stores in Scotland, 2 of them near where I live. I love New Look, but only buy in the sales and when I absolutely need something. If everyone else is doing the same then places will struggle.
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