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Halfords next to go???

Discussion in 'General Business Forum' started by ryansrs1, Dec 22, 2008.

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  1. Carl-CSNM

    Carl-CSNM UKBF Newcomer Free Member

    5,209 208
    Posted: Dec 24, 2008 By: Carl-CSNM Member since: Apr 9, 2006
  2. sysops

    sysops UKBF Newcomer Free Member

    2,923 887
    There will be a lot more of this in Jan-March, the traditional time for going bust.
    Posted: Dec 24, 2008 By: sysops Member since: Feb 1, 2007
  3. Subbynet

    Subbynet UKBF Legend

    6,066 1,101
    I've never heard of or even seen a Zavvi store before todays news.
    Posted: Dec 24, 2008 By: Subbynet Member since: Aug 1, 2005
  4. cjd

    cjd UKBF Legend Full Member - Verified Business

    15,449 3,074
    Zavvi was Virgin Mega Stores....

    You bet they do - all leases restructured, low profit units closed, debt written off and new contracts with suppliers. It really is Christmas for these boys - laughing all the way.....
    Posted: Dec 24, 2008 By: cjd Member since: Nov 23, 2005
  5. UKSBD

    UKSBD Not a real duck Staff Member

    9,964 1,942
    And what's the betting on current management putting together a
    package and buying the profitable parts whilst letting the rest sink?
    Posted: Dec 24, 2008 By: UKSBD Member since: Dec 30, 2005
  6. i234i

    i234i UKBF Ace Free Member

    2,285 243
    We could all chip in a few quid! I love the Zavvi sign.
    Posted: Dec 24, 2008 By: i234i Member since: Jul 16, 2007
  7. Connexions

    Connexions UKBF Enthusiast Free Member

    924 165
    There will only be tescos left by the end of kidding but it feels like it big store wise.

    Thats what happens when you let 1 company sell everything.
    Posted: Dec 24, 2008 By: Connexions Member since: Aug 13, 2008
  8. Matt1959

    Matt1959 UKBF Legend Free Member

    6,295 1,226
    went into our local woolworths today. Some of their range really is pathetically outdated. Namely tools (if you call them that) and fittings/ screws etc. I reckon the only market they've been catering for with that tat is the over 60's and ones who arn't particularly bright at that.
    Posted: Dec 24, 2008 By: Matt1959 Member since: Sep 8, 2006
  9. creospace

    creospace UKBF Newcomer Free Member

    3,932 188
    It's called capatilism. One company does everything.
    Posted: Dec 24, 2008 By: creospace Member since: Oct 31, 2005
  10. Carl-CSNM

    Carl-CSNM UKBF Newcomer Free Member

    5,209 208
    Our local Woolies is all the shop fittings too, even the staff lockers :eek:
    Posted: Dec 24, 2008 By: Carl-CSNM Member since: Apr 9, 2006
  11. JoyDivision

    JoyDivision UKBF Newcomer Free Member

    2,713 189
    I haven't read all this but I was in the market for a PVR yesterday, Currys had some in stock but it was unknown it was over priced unkown Logik stuff, their staff could not tell me what is was based on.

    It is always the same story every time I go in any of DSG's stores I come out empty handed, PCW is good in emergencies.

    Halfords is a bit of an odd one, it is good for a look round but I find most parts half price in my local motor factor and they sell proper good quality stuff too.
    Posted: Dec 24, 2008 By: JoyDivision Member since: Sep 25, 2005
  12. complete

    complete UKBF Newcomer Free Member

    109 25
    They are taking a "Everything must go Sale" to the limit.

    Shelving is £2 a shelf. :eek:
    Posted: Dec 25, 2008 By: complete Member since: Mar 26, 2008
  13. borrisbasher

    borrisbasher UKBF Newcomer Free Member

    15 0
    On the contrary I have read in several business publications that Halfords should do quite well during a recession as members of the public dump the £90 per hour mechanic and turn to car tinkering themselves to save a few pennies! I for one will be.
    Posted: Dec 25, 2008 By: borrisbasher Member since: Nov 15, 2007
  14. mconridge

    mconridge UKBF Enthusiast Full Member

    641 71
    Very sad to see what has happened to Zavvi.......

    Now very angry that the gift vouchers I purchased for my family are useless :mad:

    For anybody with Zavvi gift cards I'd suggest you check the website, as you'll be turned away if you try to use them :eek:
    Posted: Dec 25, 2008 By: mconridge Member since: Nov 22, 2006
  15. sirearl

    sirearl UKBF Legend Free Member

    29,807 6,644
    One would think so ,but as yet we have not seen much increase in our VAG car parts site.?

    maybe early days as the recession has not started to bite yet.:|.

    Posted: Dec 25, 2008 By: sirearl Member since: Apr 23, 2007
  16. Esk247

    Esk247 UKBF Legend Free Member

    7,758 1,514
    i think people are still in a bit of a shock about how fast this recession has spread! its a domino affect that to the general public appears to have happened in less than 12 months..many people arent' spending at all at the moment because they are just totally shocked by it all.

    i think once they start to return to spending in 2009 they will look at cheaper products, maintaining cars longer, taking the bike to work, not spending on pizza's and cooking at home with the kids for a change...but at the moment its as if a lot of retail areas have frozen completely
    Posted: Dec 25, 2008 By: Esk247 Member since: Oct 6, 2008
  17. MH1

    MH1 UKBF Newcomer Free Member

    2,585 488
    I think the retail sector has caused many of the problems it is now facing, consumers are being led to believe by both the media and various adverts that massive savings are to be had, and as a consequence the consumers are holding back on their purchases.

    Thirty years ago the stores would hold a New Year sale, then it was moved to Boxing Day, then several sales per year were introduced until the situation you have today where sales are an everyday occurance.

    The consumers feel they are being ripped off, many stores existing on credit are turning stock over just to make repayments and will find they are working for no real profit.

    Time for the retail sector to start offering everyday value for money where their customers feel they are getting a fair deal. Imagine watching the TV adverts on today offering a 30% saving on a price from two days ago, and how the guy who bought at the top end feels, knowing 48hrs later he could have saved £150 on his purchase. He is not going to be a happy client, is he??
    Posted: Dec 26, 2008 By: MH1 Member since: Dec 27, 2007
  18. borrisbasher

    borrisbasher UKBF Newcomer Free Member

    15 0
    I am not sure it is shock, it is complete denial by most people, I was watching the idiots flying in to Selfridges at the sales today on the lunchtime news, they did not look like people in shock, no doubt they will be banging all their purchases on to credit cards and that will be the next thing to hit in the new year I reckon.
    Posted: Dec 26, 2008 By: borrisbasher Member since: Nov 15, 2007
  19. oldeagleeye

    oldeagleeye UKBF Newcomer Free Member

    3,987 1,220
    It seems many of you have missed the point. For years now all these stores have been driving customers to buy on-line. They wanted this to happen.The recession is just an excuse to hive off profitable parts of the company and dump the leases and almost all these companies - including Zavvis and Woolworths will end up being managemnt buy-outs.

    Like the banks and the sub-prime fiasco it is all another big business scam that we end up paying because the government now guarantee redundenacy payments. Rob
    Last edited: Dec 26, 2008
    Posted: Dec 26, 2008 By: oldeagleeye Member since: Jul 16, 2008
  20. Rhyl Lightworks

    Rhyl Lightworks UKBF Ace Free Member

    2,536 425
    Well I did warn you - see:

    Posted: Dec 26, 2008 By: Rhyl Lightworks Member since: Aug 16, 2006
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