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Companies That You Expect to Disappear Soon
- Thread starter whhistle
- Start date
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R
RailUK Forums
It's the 'employees' that usually lose out when it comes to middlemen companies like this. Sure, they may invest a lot of money in marketing, but they're getting income from both the seller of the food/product and the delivery side. I'm sure if their margins are hit, they can just squeeze everyone a bit more.
Snow1964
Established Member
Poundland shops parent (Polish company PEPCO), have sold the business for nominal £1 to American Investment firm Gordon Brothers.
These sort of offloading /restructuring of loss making businesses usually lead to parts being closed, therefore quite likely some of the shops will close.
These sort of offloading /restructuring of loss making businesses usually lead to parts being closed, therefore quite likely some of the shops will close.
brad465
Established Member
If I had my way I'd make Private Equity operations like the ones that have taken over ASDA, Morrisons, Water Companies, now Poundland, etc., illegal. They make leeches look like blood donors.
Iskra
Established Member
Aren’t a lot of them part of pension funds?
Most outlets seem to outsource deliveries to these companies even when they run their own website.
Peter Mugridge
Veteran Member
They have stated that 100 of the remaining 825 shops will close.
Iskra
Established Member
That’s not my experience around my parts. Perhaps the riders work for multiple vendors hence your perspective?
Kite159
Veteran Member
Probably the ones which are not making enough money due to local competition or the cost of the store. Not the best news for the staff if they get make redundant if they can't get redeployed into other stores.
They are effectively the same as any other owner of a business. Generally however they are able to better enable expansion and it's not a bad thing per se as they can aggregate funds from pension funds, other investors and enable effective management. The supermarket industry is very competitive and I'm not concerned about it. Water on the other hand is a different story.
Just eat will survive, simply because it's much harder for smaller eateries to justify running an entire delivery operation. Secondly with automation of local deliveries (Starship robots and other companies) the actual cost of providing delivery will fall to near zero. The problem with the current model is the sheer labour intensity of individually delivering things makes it hard to justify, and difficult to operate profitably while adhering to labour law.
Iskra
Established Member
Loads of Chinese, Indian and pizza takeaways with only 1 outlet were running successful delivery services well before Just Eat was even dreamt off.
As we see more and more companies realise they're in trouble as Amazon changes the terms for them selling on the platform, with large penalties for a multitude of things (far too much to detail here), I am sure many businesses are wishing they hadn't given so much power to a third party that will eventually stiff them. Amazon doesn't care as there are plenty more fish in the sea.
Many businesses can't just go back to doing mail-order themselves, and it will be the same for restaurants. I do wonder if we'll see some places dare to go back to their old delivery methods. It's not going to be easy though.
Food delivery is a bit different though because it usually just ends up with the customer paying a small fortune for their food delivery (like 2 times the standard restaurant price, sometimes more) whereas Amazon is keeping prices down and just making the seller take the hit.
Many businesses can't just go back to doing mail-order themselves, and it will be the same for restaurants. I do wonder if we'll see some places dare to go back to their old delivery methods. It's not going to be easy though.
Food delivery is a bit different though because it usually just ends up with the customer paying a small fortune for their food delivery (like 2 times the standard restaurant price, sometimes more) whereas Amazon is keeping prices down and just making the seller take the hit.
The thing is sellers will only take the hit for so long. Also, the more that things like this come to light they more people are willing to look beyond Amazon for buying things.
styles
Member
I'm not so sure about this. Some people make conscientious decisions about where they shop with morals in mind, but it's a vanishingly small proportion of customers who make it their core reason.
Amazon has had strings of workers rights controversies for years, published widely in mainstream media. It hasn't stopped the overwhelming majority of people from shopping there. Their net sales increased 11% last year.
Temu is ridiculously popular, even though customers know deep down that things are cheap there because the factories there get away with modern slavery and forced labour.
Convenience wins. Cheap tat on Temu, next day delivery from as late as 11pm on Amazon, all your food and toiletries in one place at supermarkets. It's all price and convenience.
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