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 Post subject: Re: Retail Watch Thread / The Death of retail ....
PostPosted: Sun Apr 22, 2018 9:37 pm 
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Joined: May 23, 2009
Posts: 453
Hanleys in Dundrum gone aswell, like Maplins it was a nice place to visit and view things before pulling out your phone and buying them for 20/30/40% of the price.

A lot of closures in Dundrum lately but the thread on Boards reckons its to do with 10 year leases running out, apparently the owners are cranking up the rent and not worried about refilling the units.


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 Post subject: Re: Retail Watch Thread / The Death of retail ....
PostPosted: Mon Jul 02, 2018 7:55 am 
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Posts: 3635
Location: Cathair na dTreabh
UK tabloids have launched a campaign to Save Britain's High Streets
Mirror, Mail
50,000 retail jobs were axed in the past six months the Mail calls for urgent overhaul of crippling business rates


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 Post subject: Re: Retail Watch Thread / The Death of retail ....
PostPosted: Sun Jul 15, 2018 7:10 am 
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Debenhams on the rocks ...

Cash crisis at Debenhams as credit insurers take fright

https://www.thetimes.co.uk/edition/busi ... l52wk?t=ie

Quote:
Debenhams faces a cash crunch as credit insurers tighten terms for its suppliers, piling further pressure on the struggling department store chain.

One of the leading insurers, Euler Hermes, is understood to have reduced cover dramatically for suppliers to Debenhams, while rivals Atradius and Coface are said to have refused to cover new shipments in recent days.

Credit insurance is a vital part of the retail supply chain, protecting suppliers against the risk of a customer going bust between the point of accepting an order and payment being made.


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 Post subject: Re: Retail Watch Thread / The Death of retail ....
PostPosted: Wed Aug 15, 2018 5:10 pm 
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Joined: Sep 9, 2017
Posts: 336
Even An Post are scaling back the GPO site on O'Connell st. now. 300 to go around the country, mainly rural you'd imagine.

The Clery's site still sits there vacant three years on, and now the GPO is liable to be downgraded. And this was considered the Centre of everything in the first 60 or 70 years of the state anyway.

Suppose the museum will remain, and the building will live on as a museum piece, but like many new museum's these days it's just a load of blaring noise inside. Makes it impossible to read displays in depth with multi media displays everywhere blaring out mostly auld crap.

Quote:
An Post to seek up to 300 voluntary redundancies, may move HQ from Dublin's GPO

https://www.rte.ie/news/business/2018/0815/985330-an-post-redundancies/

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 Post subject: Re: Retail Watch Thread / The Death of retail ....
PostPosted: Wed Sep 19, 2018 9:27 am 
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Orla Kiely to close retail and online businesses

https://www.rte.ie/news/business/2018/0 ... rla-kiely/


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 Post subject: Re: Retail Watch Thread / The Death of retail ....
PostPosted: Fri Nov 09, 2018 8:08 am 
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Net increase of 4,402 closed retail outlets in UK in the first six months of this year:

https://www.theguardian.com/business/20 ... sures-soar

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 Post subject: Re: Retail Watch Thread / The Death of retail ....
PostPosted: Fri Dec 14, 2018 11:38 am 
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Location: Cathair na dTreabh
High street at risk of being 'smashed' by weak spending
The Sports Direct boss, Mike Ashley, has warned that Debenhams and other big retail names faced being “smashed to pieces” by a savage high street downturn this Christmas as Brexit worries put the brakes on spending. “November was the worst on record, unbelievably bad,” said Ashley. “No one could have budgeted for that. Retailers just cannot take that kind of November. It will literally smash them to pieces.”


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