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Companies That You Expect to Disappear Soon

whhistle

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I genuinely don’t know anyone much younger than that who would shop there.
I bought a nice jumper from there before Christmas.
Some of their mens wear isn't bad but it's not somewhere I choose to go to buy anything.


Interesting about similar stores like Dorothy Perkins, Wallis and Miss Selfridge. All very similar stores, all owned by the same group. I'd expect one if not more of these to fold soon.
My wife noticed Accessorize/Monsoon are't really around anymore. Maybe their underpaying of wages turned people off their stores, plus they seem to be being replaced by the likes of Cath Kidston and White Stuff.

Sort of makes me wonder how long Littlewoods has left. Yes it's online so cheaper to run and is the same company as Very (both terrible!) but there's so much online competition these days.



Rumours in the press today about 1/3 U.K. showrooms closing, albeit swiftly denied by the company, and the job losses at Ellesmere Port don’t bode well.
Maybe it's just a sign of the times, that people can't afford to buy brand new cars these days.
And let's face it, any sort of PCP or similar is a rip off. £3000 up front + £250 a month for 24 months, plus an optional purchase price of £8000 at the end... the car would cost £10,000 to buy new outright.
I'm surprised they don't do interest free loans like DFS do. It makes sure people can afford to buy the latest model and gets the car company name out there. But then while there are people out there overpaying using loan schemes, maybe they don't think they need to.
 
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Howardh

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Looks like Facebook's days are numbered!

Doing my bit for the economy, last year new car, this year new boiler/radiators and carpets (over £5k) and none of it on credit. But that should do me until well after Brexit, when I'll be looking for a slightly bigger car and a very small caravan to go with it. Got my eye on a go-pod which is (AFAIK) UK built but the care will probably be a Hyundai.

Meanwhile it's fascinating to read the shops you think will not survive, Dorothy Perkins for goodness sake, where AM I going to shop? *Sighs* but less seriously I hate it when shops are owned by "a group" and all their individuality is lost. Banks are the same - if one goes under then all those under a group mean you might not get fully compensated if you have two big accounts in what you think are two different banks/building societies.
 

Bromley boy

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I bought a nice jumper from there before Christmas.
Some of their mens wear isn't bad but it's not somewhere I choose to go to buy anything.


Interesting about similar stores like Dorothy Perkins, Wallis and Miss Selfridge. All very similar stores, all owned by the same group. I'd expect one if not more of these to fold soon.
My wife noticed Accessorize/Monsoon are't really around anymore. Maybe their underpaying of wages turned people off their stores, plus they seem to be being replaced by the likes of Cath Kidston and White Stuff.

Sort of makes me wonder how long Littlewoods has left. Yes it's online so cheaper to run and is the same company as Very (both terrible!) but there's so much online competition these days.

I walked through an M&S clothing section the other day and it struck me how nothing looked remotely appealing, and yet isn’t exactly cheap. Compared to Zara, Superdry etc it’s chalk and cheese.

To be honest as a single bloke I don’t know enough about the other stores you mention to really have a view.

I must admit until I read that I thought Littlewoods was a betting shop!

Maybe it's just a sign of the times, that people can't afford to buy brand new cars these days.
And let's face it, any sort of PCP or similar is a rip off. £3000 up front + £250 a month for 24 months, plus an optional purchase price of £8000 at the end... the car would cost £10,000 to buy new outright.
I'm surprised they don't do interest free loans like DFS do. It makes sure people can afford to buy the latest model and gets the car company name out there. But then while there are people out there overpaying using loan schemes, maybe they don't think they need to.

It’s a way of getting into an expensive car for lower monthly payments than would be the case on a straight HP agreement. Overall it’s an expensive way of buying a car as despite the low payments APR tends to be higher, and is charged on the full amount of the loan throughout the term, including the final payment. It also encourages repeat businesses as most customers can’t afford to make the final payment so roll into another deal on a new vehicle every 2-3 years.

From what I’ve read in the motoring press low interest rates and cheap money have created something of a bubble in this area. It doesn’t surprise me as there are *a lot*of £40k+ cars on the road and earnings haven’t really increased to support that.
 
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Bromley boy

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Doing my bit for the economy, last year new car, this year new boiler/radiators and carpets (over £5k) and none of it on credit. But that should do me until well after Brexit, when I'll be looking for a slightly bigger car and a very small caravan to go with it. Got my eye on a go-pod which is (AFAIK) UK built but the care will probably be a Hyundai.

What’s happening after BREXIT to prompt the caravan? Are you going on a celebratory victory tour of Europe, or are you emigrating? :D
 

Howardh

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What’s happening after BREXIT to prompt the caravan? Are you going on a celebratory victory tour of Europe, or are you emigrating? :D
I could be cruel and say it's somewhere to live when all our hoses have been reposessed by the government to pay for Brexit!

But the real reason is I'll be retired and single, so it can be used for midweek breaks as and when I choose and also I want to retrace the routes we covered when I was a nipper, dad towed the van through the continent to Italy when there was nowhere near the number of motorways there is now, so I want to do those side-roads and little villages again. I'm not a confident mechanic though (he most certainly was) so I don't fancy doing it in anything other than the basics - the more complicates something is, the more can go wrong!

Now, car insurance, tax, breakdown cover, licence in the EU after Brexit > maybe someone who voted for it can explain what the situation will be?
 

CC 72100

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Interesting the comments about WH Smith, which echo my own experiences of their stores - cluttered, cramped, and with carpets that have as much black and yellow tape on them to seriously rival the railway!

Today I went into their Reading store. Nice laminate flooring, products logically and neatly laid out, actually presented in a way that made you want to buy them. Maybe they've turned a corner?

Then I looked at the prices of pens. A single black BIC Crystal biro - 89p. My first job was in a stationery shop, an indpendent chain with only 12 shops nationwide that relied on customer service as it's main commercial advantage. 5 years ago we would charge 35p for the same product. Can't imagine it's anymore than 45p now in there.

So no, maybe WH Smith doesn't have a bright future with pricing like that, as almost everybody will out do them - and quite significantly so - on price, even if they are going on a store renovation programme.
 

EM2

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I can remember when Saabs were quite desirable, and not so long ago. 9-3 convertibles were pretty ubiquitous in the early noughties. Clearly the brand lost its way. I’m led to believe the later models had GM underpinnings and quality dropped off.
The 9-3 (as well as the last iteration of the 900) and the 9-5 were all GM-based.
As for the new MG. Absolutely hateful perversion of a once proud brand, sold off for a price. The website reveals far eastern sh*t boxes, which resemble four wheeled fridges, being flogged for bargain prices.

It would have been better to let the brand die with dignity.
Autocar seem to disagree:
https://www.autocar.co.uk/car-review/mg-motor/mg3/verdict
The sub-£9000, full-sized supermini market consists of the Proton Satria Neo and Dacia Sandero – and neither offers anything like the sporting appeal of this car.

For the record, the MG 3 beats the Dacia in our book – and makes it look pretty ordinary in the process.

MG wouldn’t expect the 3 to rank higher than a Ford Fiesta, Renault Clio or Volkswagen Polo or probably even appear in a top five.

It would definitely make its way into the top 10, though. And it would be there on merit, not just because it’s five grand cheaper.

Its powertrain isn’t up to European standards, and it isn’t as refined as a volume-selling supermini must be, but it’s big enough, good-looking enough and seems sufficiently well built to stand comparison.

With a better engine, some upgraded interior materials and priced at the same point as it is now, the MG 3 would earn itself a place higher up the rankings.

On handling and driver engagement alone, however, it’s an outstanding buy.

And for the MG6:
Credit where it’s due, MG Motor has been making some inroads. The launch of the MG 3 demonstrated that the company could produce a passable Ford Fiesta alternative, one that was particularly notable for its affordability and energetic handling.

In fact, orders for the MG 3 helped propel the company’s sales figures to a total of 2326 cars last year, putting it ahead of the soon to depart Chrysler and within 500 cars of Subaru. Not heady heights by any stretch, but certainly far ahead of the likes of SsangYong.

To help further this expansion the company has turned its attention back to the other model in its line-up, the MG 6, which was launched in 2011. Remarkably, and this bears promise for future efforts, MG Motor is heeding the feedback it has received from customers and press alike.

Consequently the MG 6 has been granted a lengthy list of revisions, ranging from cosmetic tweaks to mechanical updates. Externally it benefits from more distinctive styling, while inside it gets a new 7.0in touchscreen media system and a redesigned centre console.

The trim levels have been tweaked, now consisting of S, TS and flagship TL, and the price of admission has been hacked with an axe.

As a result, the new entry-level S will cost you just £13,995, which represents £3000 price reduction. MG has also ditched the inefficient turbocharged petrol engine from the range, so the only option now is a turbocharged 1.9-litre diesel.

This too has been fettled, resulting in improvements to both acceleration and efficiency. The 0-60mph sprint has dropped from 8.9sec to 8.4sec, while economy has improved from 57.6mpg to 61.4mpg. Small gains, but it all adds up.

The revised MG 6 is perfectly tolerable, particularly when you consider its price – and it's a definite improvement on the previous iteration. MG's efforts to upgrade the interior have been a partial success; the redesigned centre console is neater than before and the new media system does work adequately well.

It's not quite on a par with that which you'd find in other mainstream European rivals, but it's functional and offers a wide array of features.

There's still work to be done, though. The steering wheel would benefit from an overhaul, particularly with regards to its less than tactile thumb controls, and the instrument cluster and touchscreen still appear to float in a vast blank space of cheap black plastic. It is comfortable, though, thanks in part to well-bolstered and nicely padded seats.

It's still a practical car, too; there's seating for five adults and a capacious boot, while a 62-litre fuel tank grants the more efficient MG 6 a potential range in excess of 830 miles.

The 1.9-litre diesel engine serves up adequate motive power, and is perhaps a little more persuasive in gear than it was before, but it's still far less refined and linear in its responses than similarly powerful engines you'd find offered elsewhere.

Under load, or at higher speeds, there's a harsh metallic note to it which is reminiscent of diesels from 10 years ago, and its vibrations permeate through the controls. In this respect MG still has far to go. Our test car did return an indicated 48mpg during a mixed route, however, which was impressive.

It's pleasing to find that the MG is still quite gratifying to drive, particularly on flowing country roads, with a competent chassis that strikes a decent halfway house between ride comfort and cornering capability.

The steering doesn't seem as fluid as it did previously, however, with an excess of assistance materialising as you move away from the centre position, but the rest of the controls are well weighted and precise.

You do get plenty of equipment for your money, too. This mid-spec TS version features heated seats, an auto-dipping rear-view mirror, automatic lights and wipers, Bluetooth connectivity, cruise control, air-con, the touchscreen infotainment system, a DAB radio and rear parking sensors.

This battery of kit goes some way to compensating for the MG's annoyances elsewhere, like the necessity to put it into neutral in order to start it – which can lead to a frantic scramble if you stall at a busy junction.

If you’re on a budget it’s going to be hard to better the MG’s blend of equipment, performance and efficiency. It may not be the most enthralling car to drive, or the best finished, but it does represent good value for money.

To put it in perspective, a similarly specified Skoda Octavia will set you back around £21k. That's almost £5000 more than the MG, so you're really going to need to want the finer interior finishes and hikes in refinement to justify such a hefty step up.
 

Bromley boy

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The 9-3 (as well as the last iteration of the 900) and the 9-5 were all GM-based.

Autocar seem to disagree:
https://www.autocar.co.uk/car-review/mg-motor/mg3/verdict


And for the MG6:

The 9-3 was always a good looking and supremely comfortable car. My dad had both the 9-3 and the 9-5 around the turn of the century, I don’t think I’ve ever sat in more comfortable seats.

To be fair those are decidedly luke warm reviews. Why anyone would buy an mg3 or an mg6 new when they could buy a more accomplished model second hand for the same price (and lower down the depreciation curve) is beyond me.

These are cars for people who don’t actually like cars, don’t research the market and for whom buying a car is the same as buying a washing machine.
 

Busaholic

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Now, car insurance, tax, breakdown cover, licence in the EU after Brexit > maybe someone who voted for it can explain what the situation will be?
Can be summed up by Private Fraser's words in Dad's Army - 'you're doomed'.
 

Bromley boy

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But the real reason is I'll be retired and single, so it can be used for midweek breaks as and when I choose and also I want to retrace the routes we covered when I was a nipper, dad towed the van through the continent to Italy when there was nowhere near the number of motorways there is now, so I want to do those side-roads and little villages again. I'm not a confident mechanic though (he most certainly was) so I don't fancy doing it in anything other than the basics - the more complicates something is, the more can go wrong!

Sounds idyllic.

Now, car insurance, tax, breakdown cover, licence in the EU after Brexit > maybe someone who voted for it can explain what the situation will be?

Much the same as it is now I expect.
 

Howardh

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Much the same as it is now I expect.
I hope, but I don't have any confidence in our "government" to even bother negotiating it, let alone fix it so the terms are identical.
The most-used government phrase in 2018 could well be "oh, we didn't think of that". Took them twelve months to work out Ireland and the border may be a slight issue.
 

robbeech

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Interesting the comments about WH Smith, which echo my own experiences of their stores - cluttered, cramped, and with carpets that have as much black and yellow tape on them to seriously rival the railway!

Today I went into their Reading store. Nice laminate flooring, products logically and neatly laid out, actually presented in a way that made you want to buy them. Maybe they've turned a corner?

Then I looked at the prices of pens. A single black BIC Crystal biro - 89p. My first job was in a stationery shop, an indpendent chain with only 12 shops nationwide that relied on customer service as it's main commercial advantage. 5 years ago we would charge 35p for the same product. Can't imagine it's anymore than 45p now in there.

So no, maybe WH Smith doesn't have a bright future with pricing like that, as almost everybody will out do them - and quite significantly so - on price, even if they are going on a store renovation programme.

The difference in quality between said pen and one without a brand name on it is also smaller than it was. I use a lot of pencils for script marking and whilst i favour a mechanical pencil i do end up purchasing normal ones with erasers. To ask for 75p for an HB seems rather ridiculous when one can get a pack of 24 for £1 in a supermarket. There has to be a profit margin, and there has to be a viable reason for them to sell a product, but there are limits.
 

krus_aragon

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Much as I love shopping in CEX, I'm not sure about the longer term future for a company relying on second hand DVDs/ games, now so much is streamed. People will still buy the physical products that they love (in HMV etc), but CEX kind of rely on the people who like things and then discard them - and such people are much more suited to Netflix / Play Station Network etc.

CEX have a strong market in second-hand hardware, too. And not just games and phones but computers, SLR cameras, and more. They could downsize their stores to get rid of their shelves of discs and still keep selling their big-ticket items from the glass cabinets.
 

TheEdge

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I'd agree with those who think GAME are doomed, it must only be a matter of time before Steam, PSN, XBA and every other D2D service kills the market for buying a physical game. And their hardware sales is nothing that any other decent sized shop or website can manage.

I wonder if there is enough market for all the coffee chains, when they are against each other and the independents. If I had to pick one out of the air with no research I'd say Costa would be the most likely, mainly on the basis that the likes of Pret, Starbucks and Nero all have a USP that Costa doesn't.
 

EM2

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I wonder if there is enough market for all the coffee chains, when they are against each other and the independents. If I had to pick one out of the air with no research I'd say Costa would be the most likely, mainly on the basis that the likes of Pret, Starbucks and Nero all have a USP that Costa doesn't.
What would those USPs be? I know many people that won't touch Starbucks or Nero with a bargepole, thanks to their tax avoidance.
 

dgl

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SAAB's big problem was that whilst they were supposedly based on other GM cars (Opel's iirc) they did so many changes that there were not that many interchangeable parts and thus were really expensive to make when badge engineering should have saved a lot of cash. Supposedly they even developed their sat nav, something GM bosses weren't too happy about.

And as for VOLVO, they are now owned by the Chinese company Geely Automotive and have had a lot of money pumped into the business, the new XC90 is supposedly a proper high end luxury car and given the old one sold so well this should as well. Plus Geely also own LTI and have set up a new company to produce range extender London taxis which have a lot of Volvo tech in them (including the huge touchscreen form the XC90) and all reviews seem to make out that it is miles away in terms of quality/driving dynamics to the current model. Expensive but lifecycle costs are supposedly lower than the TX4 so cheaper in the long run.
 

W-on-Sea

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I'd agree with those who think GAME are doomed, it must only be a matter of time before Steam, PSN, XBA and every other D2D service kills the market for buying a physical game. And their hardware sales is nothing that any other decent sized shop or website can manage.

I wonder if there is enough market for all the coffee chains, when they are against each other and the independents. If I had to pick one out of the air with no research I'd say Costa would be the most likely, mainly on the basis that the likes of Pret, Starbucks and Nero all have a USP that Costa doesn't.

Costa does have one unique feature: which is that it operates branches in small country towns that wouldn't support a Pret, Starbucks or Nero, and as such is the only chain coffee cafe of its type in those places. Plus its coffee self-service machines are even more widely spread - garages, newsagents and so on . Without having ever looked at their accounts I'd have thought they were safe.
 

Iskra

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Costa doesn't have a USP? ...Apart from it's unique coffee blend, which is obviously very popular judging by Costa's growth over the last 15 years.

Costa are doing well overall. But, some of its stores' fate are very much linked to their location ie some high street stores not doing all that well (although the majority still make a healthy profit). To counter this, Costa is opening a lot more Drive Thru, Train Station, Retail Park and Airport stores.

But yes, I can see a time in about 5 years time when the coffee market is completely saturated and starts having the same problems as the pub industry. The poor quality ones will go under first.

Costa has the same issues many big companies have at the moment: national living wage, Brexit has affected import prices, there is a squeeze on disposable incomes currently, rents are rising, rates are rising, but Costa is relatively cheap and going for coffee has become 'the thing,' so it should be fine for a while, although some innovation is required to futureproof the business. There is shareholder pressure for the parent company to sell Costa, but they seem to have missed the ideal time to do so.
 

TheEdge

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Please stop tearing me into pieces. I did say Costa was pulled out of the air, based quite literally on it always seems to be the quietest of the chains when I walk past.
 

trash80

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Costa's sales did fall (like for like) though they offsetted this by opening in more locations. They arn't in any immediate danger though i suspect but things can change e.g. Coffee Republic.
 

pemma

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I did say Costa was pulled out of the air, based quite literally on it always seems to be the quietest of the chains when I walk past.

In my town a few years back we had both a Starbucks and a Costa. The Starbucks always seemed to have quite a number of people sat in it but they closed the branch while Costa survived, obviously those sat in Starbucks weren't spending enough to keep the business going. I've not had one of the petrol station Costas but I've heard people say they aren't as good as the takeaway coffees available in Costa branches.

Talking of places with a lot of people but not much revenue, Waterstones stores always seem to have lots of people looking at books but very few actually buying books. In fact sometimes you can have 20+ 'customers' in the store but the till is unmanned and the staff are doing duties.
 

Howardh

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My coffee comes from Flasca. Should survive a recession, as long as the "cliff edge" isn't from the table to the floor.
 

Tom B

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WHS have downsized in several local places near me and I echo the comments above re pricing.

I read an article about how The Entertrainer was doing very well, and had expanded substantially in recent years.

Argos seems to still have a large captive market, in that it does a lot of things, on the high street - convenient for those who don't want to wait for home delivery, or who don't have a car to go to an out of town retail park.

B&Q / Home base presumably suffer because companies such as Screwfix now deal direct to the public. In fact last time I was in a B&Q looking for something, the sales attendant said I'd be much better off going to Screwfix! The latter I'm sure benefit from lower overheads because of the nature of their operation (counter service, less time spent doing fancy displays etc) and the quantity they sell anyway to tradesmen.
 

beeza1

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B&Q / Home base presumably suffer because companies such as Screwfix now deal direct to the public. In fact last time I was in a B&Q looking for something, the sales attendant said I'd be much better off going to Screwfix! The latter I'm sure benefit from lower overheads because of the nature of their operation (counter service, less time spent doing fancy displays etc) and the quantity they sell anyway to tradesmen.
As far as I am aware, B&Q and Screwfix have the same parent company.
 

EM2

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Tax avoidance is legal. However, if you mean tax evasion, then I am in full agreement.
It might be legal, that doesn't mean that people have to support it. Caffé Nero, for example, has not paid a single penny in UK Corporation Tax since 2007 and its parent company is registered in Luxembourg. The controlling stakes of its founder are held through two companies based in the Isle of Man.
 

GatwickDepress

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Where I am this used to be the case, however Tesco now stock pretty much anything that WH Smith sells - and generally they're better presented and aren't in a cramped aisle with people getting in the way using the store as a reading room. I've also noticed Tesco often seem to get the publications in a day or two earlier.
The funny thing is that Smiths News are the distributors of newspapers, magazines, and books to Tesco, and they were always reliable when I worked there. It seems even WHSmith's own stores are treated as second-rate by the distribution company.

I'd agree with those who think GAME are doomed, it must only be a matter of time before Steam, PSN, XBA and every other D2D service kills the market for buying a physical game. And their hardware sales is nothing that any other decent sized shop or website can manage.
GAME recently outfitted the Milton Keynes store with a gaming lounge, and from what I hear its fairly popular as well. I wouldn't be surprised to see the stores diversify into selling purely pop culture merchandise and digital codes, with physical games and collector's editions being specially ordered in for customers.
 

Harbornite

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In terms of car companies:

Volvo. Are they in danger of going the same way as Saab? Too expensive to be a volume brand, compete in the premium sector but an eccentric choice and the wrong (non German) name on the bonnet for the badge snobs;

Always worth researching the sales and financial position of a company before making such comments. As IanXC said, they don't appear to be faring too badly...

https://investors.volvocars.com/en/results-center#2017

https://www.media.volvocars.com/glo...18513/volvo-cars-reports-record-sales-in-2017

Found these within 10 seconds from a google search.
 

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