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Old 24-12-2008, 12:13 PM #1
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Default Another company down the swanny, is this another name to dissapear?

As we all know, Woolworths has gone, which is sad news but nobody really thought of it's knock on effect, it's partner EUK has now knocked out Zavvi, the retail music chain, and this is a big big story.

Zavvi is generally a cheap place to shop, but it knocks back to 'Music Zone' when they went under, and they never found a buyer, the music industry is losing it's power out of everything. Now only HMV stands on our streets for the foreseeable future, but even I've seen signs of them buckle. Their huge re-cruitment drive for temp staff this Christmas was nothing more than a mere poster in the wall, normally they have paper ads and jobcentre drives and even their website was out of service in that part.

We all say it and we're probably all sick of X-Factor, but I think it'll be Alexandra Burke that saves a lot of stores this Christmas. That precious 3.99 for that CD is invaluable.

Can the highstreet really afford another big loss like this? or is this a small loss compared to stores like BHS and Debenhams?

What companies do you think will struggle next year more than others? I think next year stores like Burtons and Principles will be close, but I see a major threat to JD Sports, unless they clean their act up I think they could be the big one to go next year.
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Old 24-12-2008, 12:26 PM #2
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Burtons won't close, its got the entire Arcadia chain behind it. But if Arcadia goes under then its goodbye to Topshop, Topman, Miss Selfridge, Burton, Evans, Dorothy Perkins and Wallis.
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Old 24-12-2008, 12:28 PM #3
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I doubt very much that topman and topshop are going anywhere. They are probably the most succesfull clothes shops besides primark.
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Old 24-12-2008, 12:29 PM #4
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Some Burton chains are Franchise owned. Kinda like Subway.

I see big problems for the retail market, New Look and Ethel Austen, they need to book their ideas up too.
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Old 24-12-2008, 12:31 PM #5
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HMV is in real danger in my opinion, I predict it'll be going into adiministration by mid 2009.
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Old 24-12-2008, 10:25 PM #6
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Can't say I'm gonna miss Zavvi. Ever since they changed from Virgin I've been an HMV customer.
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Old 24-12-2008, 10:28 PM #7
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Quote:
Originally posted by Tom
Burtons won't close, its got the entire Arcadia chain behind it. But if Arcadia goes under then its goodbye to Topshop, Topman, Miss Selfridge, Burton, Evans, Dorothy Perkins and Wallis.
Topman & Topshop won't go. There in abosulte no danger of closing, there one of the biggest money earners in the arcadia group. With Topman being more popular than Topshop.
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Old 24-12-2008, 10:31 PM #8
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Topshop will not and cannot shut down!!!! The fashion world would just fall to pieces without it.
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Old 24-12-2008, 10:49 PM #9
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Quote:
Originally posted by sol
Can't say I'm going to miss Zavvi. Ever since they changed from Virgin I've been an HMV customer.
Yeah I prefer'd Virgin, but there isn't a HMV near me, so it looks like I'll using Tesco for my CD's now.
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