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It's sad to see family businesses struggle but free market economics mean that consumers will decide the fate of any business. That said, I'd be hopeful that really well run family businesses do survive - there are plenty examples of those that are thriving too.when will people realise bigger is not always best, this firm has lost so many jobs but also has caused many family firms so much grief over the last few years and has led to many localised motorcycle shops to close.
No chance of Travelodge going they are booming,
i agree, travelodge aren't going anywhere, making good dosh,
Would have to agree, they are building a new one by Clapham Junction. Although its not a prestige location I cannot imagine it is cheap to build there and the location is fantastic, shops, bars, clubs and Clapham Junction can get you anywhere!
The debt pile of Travelodge is costing the budget hotel group £100m a year in finance costs and dragging it deep into the red, according to company accounts.
...........
Travelodge has not made a pre-tax profit since 2006. In 2010, the company lost £102.4m, despite earnings before interest, tax, depreciation and amortisation rising 5pc to £47.8m.
I hope this thread's gone by the end of 2012.!
It's sad to see family businesses struggle but free market economics mean that consumers will decide the fate of any business.
ill say thorntons..... think theyll close their shops and just sell through supermarkets .... our local store has just closed and the nearest one to us now looks to follow the same suit... Its a real shame, beacause at one time Thorntons choccies were something to look forward to... i think the brand has cheapened itself alot over the past few years
I thought Thorntons were all about the Toffee. Wasn't that what they were famous for?
Agree, not a luxury brand any longer, not particularly special, but you'd buy it if you wanted to look like you cared more than a Quality Street
Yea totally agree with Thorntons! I dont even think theyre that nice anymore, they all kinda taste the same and are mainly truffles?
I much prefer a box of Cadburys Heros!
Thornton HQ has gone "Hang on a mo, couldn't we position ourselves as THE British choccy choice!>>" :|
Supermarkets are like the Borg (sorry, Star Trek reference)
Even the Borg can get there arses kicked. Take species 8472![]()
Mothercare, I definately back up that one I think they are on a slippery slope.
Perhaps Jessops. They have been shaky for a number of years, even before the econmic/credit crisis.
I'm not so sure about that; they've recruited a new boss to help them focus more on distance selling, and their International operations are growing ahead of plan... it's just their UK business which has faltered. It'll depend on the new management but they have such a trusted brand in a niche market, they must be able to preserve a smaller more focused high street presence to compliment their online push.
Steady on!! Now I agree that Thorntons management sold themselves down the river when they stopped selling exclusively through their own and franchised stores, but you CAN'T criticise them on quality
They have a wonderful core product but they lack the imagination to take the brand forward. Given the anti-Cadbury sentiment since their US takeover surely someone at Thornton HQ has gone "Hang on a mo, couldn't we position ourselves as THE British choccy choice!>>" :|
I wanted to buy a camera, around £200. Looked around online, went to Jessops for the touchy feely side and tried to get staff to explain it to me. They didn't know and it was little more than a point and shoot Canon. Then their price was around 30% more than Amazon. Bought it from M&S online with discount code in the end as they offered a longer guarantee and were cheaper than Amazon. End price was near 60% of Jessops (and I did ask for a discount).
In the modern world of digital cameras we just don't need Jessops. Some high end suppliers may survive but with fairly decent cameras now down to £20 in some cases and perfectly adequate Canons for £100, it is all price driven now.
There is a bit more than that to it. Is it really ethical to walk into a store and ask them advice and then buy online. Maybe it would be better to either buy from them or not. If they are not there next time, who are you going to ask for advice.
Now I know you are going to say that their advice wasn't any good or something like that, but in the end asking for advice and the choosing to buy elsewhere on price is wrong!
So you would rather go to Google than actually speak to a human being?.
Oh dear.