Crashing Companies

[DevonDeathTrip 2,387]

I really worry about Tetleys going the same way.  It would leave a cataclysmic void in my life if they went bust .

[Sod's Law 503]

1 hour ago, Bentrovato said:

awful pun. Which comedian do you write for?

Tim Vine?

[Comped 535]

16 hours ago, Toast said:

Interesting unsubstantiated claim on Wikipedia:

 

In 2022, the Typhoo brand was ranked 5 in sales volume in the UK in spite of being deemed to have the largest production output; this mismatch is due to major supermarkets' own-labelled tea brands being largely supplied by Typhoo.^{[citation needed]}

 

 

Usually this is pretty good for a brand though. The revenue isn't quite as good as selling the product fully yourself, but if you excess production capacity and nobody is going to buy that much of your product, it can be a pretty good deal. In this case it doesn't seem like that worked, which could be an issue with how much they were getting from the stores.

[ladyfiona 2,791]

JG Windows, a music store in Newcastle that's been trading since 1908 has gone into liquidation.

[Bentrovato 1,154]

Typhoo no longer saying goodbye, kind of. Manufacturing going overseas. Typhoo Tea rescued by vape maker Supreme - BBC News

[time 8,780]

On 27/11/2024 at 13:22, time said:

A development which absolutely nobody could have foreseen...

Brighton's i360 enters administration

 

It owes Brighton & Hove City Council £51,000,000.

i360 has officially ceased operations; staff laid-off without pay. Merry Christmas.

[Drewsky1211 4,955]

Big Lots to go out of business unless it can find a buyer.

 

Nearly has 1,000 stores across the US.

[Phantom 2,573]

Party City closing their stores in the US

[DoltonMoney 347]

8 hours ago, Phantom said:

Party City closing their stores in the US

I never should've stolen that Hershey's Kiss when I was 7

[DoltonMoney 347]

The Container Store files for bankruptcy, but the CEO maintains that they're here to stay. I guess people don't put as many things into things anymore.

[Phantom 2,573]

Potential takeover of Big Lots fell through.

They'll be closing all their stores 

[alt obits guy 3,455]

Ricki's and Cleo's, owned by parent company Comark Holdings, shutting all 221 Canadian stores as it files for creditor protection. Montreal-based retailer Frank and Oak seeks creditor protection.

 

https://www.cbc.ca/news/business/frank-and-oak-rickis-cleo-creditor-protection-1.7425941

[Sod's Law 503]

Sainsbury's axing 3,000 jobs and closing all cafes:

https://www.bbc.co.uk/news/articles/cvged0x5ykxo

[Toast 16,371]

2 hours ago, Sod's Law said:

Sainsbury's axing 3,000 jobs and closing all cafes:

https://www.bbc.co.uk/news/articles/cvged0x5ykxo

 

There's a big Sainsbury a few minutes down the road from the garage where I take my car for MOT.  I used to go in their café and have breakfast while I was waiting for the car to be done, but they closed it ages ago.  Really miss it. It's about another five minutes walk into the town centre so it was dead handy.

[JQW 311]

The café in our local branch failed to reopen after the end of the COVID-19 pandemic, becoming an Argos counter. This is a town centre branch, with several other cafés and coffee shops within a short walking distance, plus four of five pubs that also do food.

 

The café itself was fairly small and had a limited selection of food. When the building first opened as a supermarket in the late 1970s the area was a separate wines & spirits department, with restricted opening hours due to the then licensing laws. It later became a café under the previous owners once these licensing laws changed. Sainsbury's kept the café when they took over the building around 25 years ago.

[The Old Crem 3,817]

https://news.sky.com/story/wh-smith-in-secret-talks-to-sell-historic-high-street-arm-13295955
WH Smith selling all its high street stores. Big blow to many high streets deld ing in who buys it and a big issue for the Post Office.

[Sod's Law 503]

8 hours ago, The Old Crem said:

https://news.sky.com/story/wh-smith-in-secret-talks-to-sell-historic-high-street-arm-13295955
WH Smith selling all its high street stores. Big blow to many high streets deld ing in who buys it and a big issue for the Post Office.

I know they tend to draw a lot of comments along the lines of 'why are they still around?', but I'd rather have them there instead of yet more empty abandoned shop units. There are towns near me where Smiths and Wilko took up a huge chunk of the high street and they obviously don't have their Wilko's anymore, so this isn't good. 

[The Old Crem 3,817]

27 minutes ago, Sod's Law said:

I know they tend to draw a lot of comments along the lines of 'why are they still around?', but I'd rather have them there instead of yet more empty abandoned shop units. There are towns near me where Smiths and Wilko took up a huge chunk of the high street and they obviously don't have their Wilko's anymore, so this isn't good. 

Will they being sold for so much money the new owners will have to keep some of them around at least to get some of that money back

[Sleepiestpeep 166]

1 hour ago, Sod's Law said:

I know they tend to draw a lot of comments along the lines of 'why are they still around?', but I'd rather have them there instead of yet more empty abandoned shop units. There are towns near me where Smiths and Wilko took up a huge chunk of the high street and they obviously don't have their Wilko's anymore, so this isn't good. 

I don't disagree - but Wilko was a much bigger loss, I think. WHS will only be a blow because it's absorbed so many post offices.

 

I spent a year working in one about ten years back, when I was bouncing between retail jobs in my early twenties, and every WHS shop I saw the back room of was falling apart and stuffed to the rafters with unsellable tat in a way no other retailer could match. Genuinely astonishing they're still here ten years later. 

[The Old Crem 3,817]

7 minutes ago, Sleepiestpeep said:

I don't disagree - but Wilko was a much bigger loss, I think. WHS will only be a blow because it's absorbed so many post offices.

 

I spent a year working in one about ten years back, when I was bouncing between retail jobs in my early twenties, and every WHS shop I saw the back room of was falling apart and stuffed to the rafters with unsellable tat in a way no other retailer could matcch. Genuinely astonishing they're still here ten years later. 

Some of the big out of town shopping centres would miss them as the possibly the only place to buy a newspaper - high streets less so as there is always a mini Tesco or such like nearby. 

[prussianblue 1,144]

10 hours ago, The Old Crem said:

Some of the big out of town shopping centres would miss them as the possibly the only place to buy a newspaper - high streets less so as there is always a mini Tesco or such like nearby. 

 

Maybe an issue if anybody actually bought newspapers anymore. 

[The Old Crem 3,817]

3 hours ago, prussianblue said:

 

Maybe an issue if anybody actually bought newspapers anymore. 

A lot of older people still do. Was pretty busy in the WH Smith at lakeside last month with Newspaper buyers. 

[Master Obit 936]

I have to say, I would be saddened to see WH Smith go. I'm nowhere near being old, but I love perusing the high street and I've gotten plenty of my stationery from there. I'd prefer to have these shops stay instead of everything becoming soulless websites. 

[En Passant 3,832]

25 minutes ago, The Old Crem said:

A lot of older people still do. Was pretty busy in the WH Smith at lakeside last month with Newspaper buyers. 

 

Fuck me crem I'm doing my best to take what you say more seriously, but what were you doing here? Standing at the door with a bloody clipboard for 8 hours and putting a checkmark every time you saw somebody walk in without a newspaper and walk out with one? If not, how can you assert they were 'newspaper buyers'?

It probably was mostly older folks but that's hardly rocket science. Have you got an appendix with how many had walking sticks?

Or more likely, you were at Lakeside last month and walked past WH Smith whilst there and it wasn't actually shuttered.

 

The Sun used to sell about 4M copies a day back in the 90's, it's less than half that now https://en.wikipedia.org/wiki/List_of_newspapers_in_the_United_Kingdom_by_circulation.

[Master Obit 936]

4 minutes ago, En Passant said:

 

Fuck me crem I'm doing my best to take what you say more seriously...

That must be quite a challenge.