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Companies That You Expect to Disappear Soon

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C J Snarzell

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CEX are very reputable in how they trade. They will sell a CD for 10p but it'll be in adequate condition - and may not necessarily play properly but CEX firstly rate whether it's sellable then price it on it's condition. Like I said they trade on a what you see is what you get basis.

On the subject of computer games there is another company based in my town called 'Game' who have other outlets elsewhere. They too are apparently struggling and may be making store closures. They started out in the mid 1990s when people were still tuning into Sega Megadrives and the Ninento SNES consoles. Again, like DVDs & CDs, people are able to download home entertainment from their own homes these days so tangible games cartridges are not as viable as they once were.

CJ
 

61653 HTAFC

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CEX are well trusted by old-school gamers in part because they grew out of a business called "Tottenham Court Road Computer Exchange" who used to advertise in magazines such as Mean Machines and even Amstrad Action. The business has obviously grown and changed massively since then, but have managed to maintain their reputation as a "no BS" establishment.

I know what you mean about the smell though. "Foisty" is the best word for it.
 

LOL The Irony

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Moving onto another business - HMV - I'm sure they have been brought out of administration twice and are yet again in financial trouble.
I'm massively surprised that HMV has gone under twice. If they had a massively better online store, they could do much better.
Norton motorcycles went into administration last Wednesday, owing, amongst others HMRC around £300000, they are also being investigated by the pension ombudsmen for alleged misuse of pension funds.
That's sad. I wonder if they will be saved.
CEX are very reputable in how they trade.
but have managed to maintain their reputation as a "no BS" establishment.
Well they did have that unofficial cover issue back in 2018.
 

C J Snarzell

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The Poundland near where I live always smells like poultry that's gone past it's sell by date. The only 'fresh' produce they actually sell is the pre-pack sandwiches which are worst than the ones you get out of a factory vending machine. Awful!!!
 

Busaholic

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I've only ever been into two branches of Subway, and they both stank of decaying lettuce (I know the smell from when I clean my fridge's hydrator!) and still do, because you can smell them as you pass by outside: I have nasal problems and often can't smell things, so if I smell them, they must pong!
 

route101

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I've only ever been into two branches of Subway, and they both stank of decaying lettuce (I know the smell from when I clean my fridge's hydrator!) and still do, because you can smell them as you pass by outside: I have nasal problems and often can't smell things, so if I smell them, they must pong!

Subways pump out smells dont they. Never been impressed by Subway but i dont expect them to disappear.
 

tbtc

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Good to hear positive stuff about CEX on here - I mean them no harm - I go into the one in central Sheffield a few times each month - I'd miss it if it went - I have no complaints about how the company is run - it's just that I wonder how much longer other people will keep buying physical media (and therefore trading physical media/ buying second hand). I'm old-school, I still have CD players/ DVD players etc in the house - even a record turntable, a VHS player and a cassette player - but I wonder how many under thirties have *nothing* to play physical media on though (and, even then, just a record player, to be retro)? Maybe that's a conversation for another thread though!

The High Street will be a worse place if/when Waterstones/ HMV/ CEX go

Some good points here

Matalan - I remember going to the very first Matalan store as a kid which was in Bamber Bridge, Preston. It opened around 1985, just as the bypass was being built at the end of the car park. At the time they were kind of like a cash & carry business selling everything - toys, board games, prams, sports equipment (football's, cricket bats) and of course they did sell design brands too. In a way they started out very similar to Macro and Costco but have branched out as the boom of out of town retail parks took off during the 1990s.

Fast forward 35 years & they are now identical to Primark. They sell non discript clothing that is manufactured abroad and is probably not the best in quality and like Primark their prices are usually quite cheap & reasonable. I've not been in a Matalan for quite some time but I'm sure they may still sell the odd designer label (Wrangler jeans or Nike T-shirts). Their HQ is in Knowsley - although it used to be in nearby Skelmersdale

Ah, you've reminded me of the family friend who used to have a Matalan card, when this was quite something - it seems strange now to think that Matalan was once quite exclusive/upmarket!

Peoples houses? Some Poundlands smell the same way.

Hmm, how long can Poundland keep going, as the purchasing power of a quid gets less and less each year (not helped by the relative devaluation over the last few years)?

They certainly seem to be selling more and more £2/ £5 stuff (my lunch today was a £1.75 sandwich from Poundland) - it must be harder for them to compete in a world full of B&M/ Home Bargains/ The Range/ Wilko etc, given the inflexibility of the pricing structure

I've only ever been into two branches of Subway, and they both stank of decaying lettuce (I know the smell from when I clean my fridge's hydrator!) and still do, because you can smell them as you pass by outside: I have nasal problems and often can't smell things, so if I smell them, they must pong!

I can't deal with Subway - far too much choice - much prefer the impersonal touch-screens in a McDonalds - no faffing about trying to reach a decision with a crowd of hungry people behind me - I know Subway is better quality grub but I get far too anxious trying to quickly reach a decision with all that choice!
 

johntea

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CEX business model...

Buy in thousands of copies at £30-40 on launch of Fifa 2020

Sell hardly any for £50-£60 because everybody has already bought it on Day 1 from somewhere else

Chuck a 50p price sticker on it a year later and still struggle to sell them as everybody is now on Fifa 2021
 

61653 HTAFC

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CEX business model...

Buy in thousands of copies at £30-40 on launch of Fifa 2020

Sell hardly any for £50-£60 because everybody has already bought it on Day 1 from somewhere else

Chuck a 50p price sticker on it a year later and still struggle to sell them as everybody is now on Fifa 2021
I get the impression that they make far more on hardware refurbishment and resale than they do on media. I also wasn't aware of them ever selling "new" stock, to be fair.
 

underbank

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Another reason for WHS's continued existence, by the way, is their newspaper and magazine wholesale arm which controls distribution to many supermarkets, convenience stores and other newsagents, including the independents.

No, they were separated about a decade ago and the wholesale arm was sold off, so now two completely separate companies.
 

C J Snarzell

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Does anyone know if John Menzies still exists?

WHS took over the one in my town that had been a JM for years.

CJ
 

DavidGrain

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Does anyone know if John Menzies still exists?

WHS took over the one in my town that had been a JM for years.

CJ

Saw a Menzies van in Birmingham last week. Menzies sold their retail shops many years ago to concentrate on wholesale newspapers and magazines. Menzies used to be the 'censors' of the top shelf mags. Do I need to explain the 'Mull of Kintyre' rule that they imposed long before Paul McCartney started singing about the area in Scotland.

Just discovered an old closed thread on this forum https://www.railforums.co.uk/threads/w-h-smith-and-john-menzies-stores.32155/

On a side issue dealing with news agencies, I saw on old photo on a Facebook page last week of Birmingham Snow Hill station in the 1960s with a Wyman's store which brought back memories
 

krus_aragon

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I get the impression that they make far more on hardware refurbishment and resale than they do on media. I also wasn't aware of them ever selling "new" stock, to be fair.
Yes, I think the only new stock they sell is some USB charge leads (as the buy lots of trade-in hardware, not all of which is traded in with a lead).

The window displays are almost exclusively hardware (which is what I typically browse for there, anyway).
 

talltim

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which I like, apart from the staircase which gives me vertigo for some reason. It will be a sad day if we lose shops like that.
Thats strange, the Sheffield branch has a staircase that while not giving me vertigo, does make want to hold onto the handrail.
 

DavidGrain

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I had not known that they sold 2nd hand CDs and DVDs until I read recent posts. I could be interested in that.
 

C J Snarzell

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Apparently an article in today's news says that IKEA are looking at closing their Coventry store.

Very unlikely they will disappear - the IKEA Warrington still brings parts of the M62 to a stand still at weekends.

CJ
 

Tom B

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Apparently an article in today's news says that IKEA are looking at closing their Coventry store.

Very unlikely they will disappear - the IKEA Warrington still brings parts of the M62 to a stand still at weekends.

CJ

The article I saw has a comment from a representative - apparently, this was an unusual format of shop, being in the centre of a city, and split over multiple different levels. Trading had been quieter than anticipated, and staffing costs were significantly higher owing to the multi-floor layout.

The IKEAs I have been in are all hellishly busy - a couple of years ago I wanted a small item or two and decided to go at opening time on a Tuesday, thinking it'd be dead quiet in the middle of the week. I have almost recovered from the melee.
 

C J Snarzell

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Any music lovers on here will known that vinyl has come back and HMV are definately making alot of revenue from selling new repackaged vinyl albums.

CJ
 

ComUtoR

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Probably not a company who will disappear at any time but IKEA will be closing their Coventry store.

https://www.bbc.co.uk/news/business-51369413
Ikea has announced that it will shut down its Coventry city centre store this summer, in its first big closure of a UK outlet.

The Swedish flat-pack furniture giant said the store had made "consistent losses" since it opened in 2007, with fewer people visiting it than expected.

It said it would be consulting the 352 workers affected and would try to find them jobs at other stores.

The Usdaw union said it was "devastating news" for staff.

Ikea, which has 22 stores in the UK, said that it remained committed to growth in the UK.

It said the Coventry site, which cost it £35m, had been built in the city centre as one of its earliest examples of testing a new format to meet customers' changing needs.

'Changing customer behaviour'
"However, given its location and the size of the land available at the time, the store was built over seven levels, which resulted in a significant impact on the operating costs of the store and the shopping experience for customers," the firm added.

"In addition, the changing behaviour of customers in the area who prefer to shop in retail parks and online has resulted in visitor numbers being substantially lower than expected and continuing to decrease over time."

After the closure, customers will have to journey to Birmingham, Nottingham or Milton Keynes to find their nearest Ikea branch.

Local people have been reacting to the move on social media.

I never knew they had so few stores. Both the IKEAs near me are in rather large retail parks and drawn in huge numbers.
 

DavidGrain

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The Coventry IKEA store was not their normal pattern which is a large store on one level with a circuitous path that you have to follow to force you to visit every department.
 

DavidGrain

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I was in a part of Birmingham City Centre that I do not normally visit three weeks ago. I was actually checking out a new book and model shop opened by a former employee of the closed down Ian Allan shop. Walking back I saw a large establishment called Vault in the ground floor of a multi story car park. It turned out to be a brand new HMV store which opened October last year. Massive amount of stock on display.
 

dgl

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The Coventry IKEA store was not their normal pattern which is a large store on one level with a circuitous path that you have to follow to force you to visit every department.
Strangely the single story Ikea's always seem alien to me as the one I frequent, Southampton, is over 3 floors, with the displays on the top floor with the restaurant, the middle floor being the market and the bottom floor being where you pick stuff up, pay, access customer services and buy food to take home.
Though I doubt, despite the different layout, that Southampton Ikea will be closing any time soon unless they got a very good deal from developer to turn it into flats, it's never that quiet, esp. the restaurant.
 

RichT54

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The IKEA near Reading was originally going to have three floors but planning permission limited them to two. The store has become notorious for occasionally grid locking the local roads. It seems to happen mostly on bank holidays, when customers can get stuck in the car park for several hours. In contrast the couple of times I've been there, midweek during term time, it was very quiet with no problems getting in or out.
 

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