More High Street Gloom....

[n13roy]

Marks and Spencers just announcing many job losses througout their stores nationwide,Debenhams and Next also fared very poorly over Xmas too, fears the same may happen there, SKY News just broadcasting...

[n13roy]

M & S now refusing to confirm or deny this. Sounds ominous, methinks...

[mamalasagne]

Originally Posted by n13roy

Debenhams and Next also fared very poorly over Xmas too,.

My two favourite shops Hope they manage to weather the storm - although I have been in both (a lot ) since Christmas, and neither was busy as it should have been at this time of year.

M&S have been rubbish for years, I'm not surprised if they are struggling (don't even buy my pants from there anymore)

[Lookin' 4 Ferdi]

Originally Posted by mamalasagne

M&S have been rubbish for years, I'm not surprised if they are struggling (don't even buy my pants from there anymore)

where do you buy your pants?


M&S are opening a big foodhall type shop near me - right oposite a whacking great Asda


I recon it'll be shut before it opens

[Hamster]

Originally Posted by Lookin' 4 Ferdi

M&S are opening a big foodhall type shop near me - right oposite a whacking great Asda


I recon it'll be shut before it opens

Exactly the same is happening down my way fella. Been on the cards to open for three months, but nothing yet

[mamalasagne]

Originally Posted by Lookin' 4 Ferdi

where do you buy your pants?


M&S are opening a big foodhall type shop near me - right oposite a whacking great Asda


I recon it'll be shut before it opens

I could tell you, but then I'd have to kill you


I've always found M&S food to be seriously over-priced, over-processed, over-packaged, and nowhere near as good as they think it is. I think they'll really struggle with people now wanting to spend less, and opening new stores sounds crazy to me at the moment

[DeaDLocK]

Originally Posted by mamalasagne

I could tell you, but then I'd have to kill you


I've always found M&S food to be seriously over-priced, over-processed, over-packaged, and nowhere near as good as they think it is. I think they'll really struggle with people now wanting to spend less, and opening new stores sounds crazy to me at the moment

Food stores are always odd in a Recession as people stop spending on expensive luxury goods and give themselves cheaper treats which is often better quality (or so they think) food. Its a gamble but it might be the only thing that saves the group.

[Lookin' 4 Ferdi]

Originally Posted by mamalasagne

I could tell you, but then I'd have to kill you


I've always found M&S food to be seriously over-priced, over-processed, over-packaged, and nowhere near as good as they think it is. I think they'll really struggle with people now wanting to spend less, and opening new stores sounds crazy to me at the moment

I don't buy food from them simply 'cos of the adverts....*in that annoying suposedly sexy voice* its not just a beef and onion pasty - its hand fettled beef that has had its coat back combed by left handed vestal virgins with onions that have been picked by Monks of the upper lower region of the blahblahblah...


@rse

[n13roy]

M & S actually opened a large out of town " Food Hall " down here last Year, even though their City Centre store was really struggling. Never been in there either ......

[bigredshaza]

Originally Posted by Lookin' 4 Ferdi

F A D

@rse

You're in a good mood today.

[baby278278]

BBC NEWS | Business | Wedgwood goes into administration

BBC NEWS | Business | Adams shuts down 111 of its shops

Wedgwood and Adams are suffering too

[Lookin' 4 Ferdi]

Originally Posted by bigredshaza

You're in a good mood today.

Its the prospect of slim pickin's in the future... post Crimbo diet time is hard for us sharks

[StescoG66]

Originally Posted by Lookin' 4 Ferdi

where do you buy your pants?


M&S are opening a big foodhall type shop near me - right oposite a whacking great Asda


I recon it'll be shut before it opens

Erm - You don't live in Bishopbriggs do you? We are due to get one too in Feb and funnily enough next to an Asda (now their is a Schitt shop . . . .)

[Rewe]

Originally Posted by baby278278

BBC NEWS | Business | Wedgwood goes into administration

BBC NEWS | Business | Adams shuts down 111 of its shops

Wedgwood and Adams are suffering too

This is the most dangerous time of year for retailers who have been struggling. Liquidators like the low stock level and high cash that follows the Christmas sales.

[Cloverleaf146]

Debenhams & Next actually did better than the markets expected; Debenhams were up 20% today

[n13roy]

Originally Posted by Cloverleaf146

Debenhams & Next actually did better than the markets expected; Debenhams were up 20% today

Some good news there then.....

[n13roy]

Marks and Spencer have now confirmed that more than 1200 jobs to go, and possible store closures. We have THREE stores down here. One in the City centre and 2 out in retail parks. Wonder if it will affect them.....