Post Covid BUSINESS DEAD POOL

Vehicle dealers, I read in Motorcycle News about a dealer in the Midlands who is losing £130k per month across his dealerships.
No doubt they are all in the same boat.
 

wheel

LE
The Arcadia Group: Burtons, Top Shop, Dorothy Perkins , Miss Selfridge , Evans & Wallis.
Owned by the money grabbing pension robbing twat Phillip Green.
Unfortunately when it does fold a lot of people will lose their jobs.
 

OneTenner

LE
Book Reviewer
Don't WH Smith now provide a home to many high street Post Offices? That may be their life-line?
Ooop Norf, it's the Co-op that does that mainly
 

OneTenner

LE
Book Reviewer
Vehicle dealers, I read in Motorcycle News about a dealer in the Midlands who is losing £130k per month across his dealerships.
No doubt they are all in the same boat.
Most of the big chains are in a reasonable position, especially the premium brands (actual premium, not aspirational) vehicle orders are usually ~3 months in advance, it could actually push some prices up due to a dip in availability. Aftersales is going to be mad busy once the tap is opened, maybe for six months - not forgetting seven weeks (so far) of MoT's to catch up on together with the ones that would need doing anyway. I suppose motorcycles are mainly an individual purchase, cars & vans are predominantly fleet leases orcompany purchases, most companies that buy vans these days are service companies so should be OK providing their customer base doesn't crumble.
 
...the local council have been running it [the market] down for years....think they'll see this as an opportunity....probably turn it into another car park
A car park for who though? A dead town centre full of tumbleweed and boarded up shops is hardly going to be a tourist destination.... and window shopping for shoppers is a bit of a drag when shops are completely empty and there isn't anything to look at. Quite a bleak future for the next few years ahead I fear...
 
A car park for who though? A dead town centre full of tumbleweed and boarded up shops is hardly going to be a tourist destination.... and window shopping for shoppers is a bit of a drag when shops are completely empty and there isn't anything to look at. Quite a bleak future for the next few years ahead I fear...
They do it make into a zombie experience like they had in Basingrad in the old shopping centre
 
...not forgetting seven weeks (so far) of MoT's to catch up on together with the ones that would need doing anyway.
Watch out for people driving cars without an MOT. Not the ones who haven't taken theirs in for a test. They're ok as the extension scheme was approved by central Govt so their insurance will cover them in a prang. It's the buggers that have taken their cars in for a test regardless during this time and it's failed. Many have been assuming they've got six months to sort it out. My BiL runs a garage and has had numerous people bringing cars in for MOT and they've failed but insisted on taking the cars away again and thinking they'll be ok for a few months. A fail is a fail from the time it's tested.
 
WH Smith but only the shops.
The newspaper & magazine distribution will be sold off?
WH Smith plc fully demerged its retail and its distribution businesses in 2006.

  • The retail business became WHSmith PLC.
  • The news & mag distribution business became Smith’s News PLC and then, in 2014 it was rebranded Connect Group PLC.

WHSmith the retail business is the one to watch but it’s 'travel' division and post office partnering will likely prop the whole thing up for the time being.
 

OneTenner

LE
Book Reviewer
Watch out for people driving cars without an MOT. Not the ones who haven't taken theirs in for a test. They're ok as the extension scheme was approved by central Govt so their insurance will cover them in a prang. It's the buggers that have taken their cars in for a test regardless during this time and it's failed. Many have been assuming they've got six months to sort it out. My BiL runs a garage and has had numerous people bringing cars in for MOT and they've failed but insisted on taking the cars away again and thinking they'll be ok for a few months. A fail is a fail from the time it's tested.
Yer, before the Great Virus, we used to get people bringing in vehicles that they knew would fail, naturally, it was failed and they wanted to take it away but to take it home not to a place of repair while they saved up to have it fixed, they'd then bring it back in for the repairs then book it in for an MoT - all of which meant that they were uninsured for the whole time they were driving it... At the moment, it's better to not take it for an MoT but to 'keep in a roadworthy condition' and book it in for a vehicle health check at a dealer (usually free) once things relax a bit, get any items fixed wherever you prefer, then book it in for the MoT, which it should fly through providing the emissions & brake balance etc. is OK
 

Chef

LE
Many thanks @Chef I never thought of looking on you tube.
A quick search has pulled up loads of old episodes.

Glad to be of service
Just thinking about whats left in my town,small place 50-60k population and whats left shop wise...i can see the two travel agents going....i see crack convertors and smack generator and the 2 'payday' loan places thriving ,other than that its fast food places and the staples of every town (boots m &s phone shops etc) the smaller independents scattered around the edges i think will go and it'll be the final nail in the coffin for the market...had one since king john said it was ok and the local council have been running it down for years....think they'll see this as an opportunity....probably turn it into another car park


Plus ca change.
 

theinventor

Old-Salt
Not sure that every town needs a full suite of mobile phone shops either. Firstly, they're a disposable income purchase (less of that 2nd half of that this year) and secondly most now last well beyond the 2 year contract so don't need replacing so regularly.
 
Vehicle dealers, I read in Motorcycle News about a dealer in the Midlands who is losing £130k per month across his dealerships.
No doubt they are all in the same boat.
I know of four boat owners losing lots because they couldn't hire them so drove down to the coast. No doubt they are all in the same car. :cool:
 
The Arcadia Group: Burtons, Top Shop, Dorothy Perkins , Miss Selfridge , Evans & Wallis.
Owned by the money grabbing pension robbing twat Phillip Green.
Unfortunately when it does fold a lot of people will lose their jobs.
I think that Arcadia is slowly closing Evans stores with 12 more closed this January. I guess that as 'being a fat cunt' has been normalised that the likes of Primarni are also increase their Lardy size offerings and Evans probably can't compete on price, your average fatty wants to spend less on clothes and more on pies.
 

philc

LE
Travel will be the big loser, long haul holidays, cruises, and every thing associated ie any thing to do with airplanes or cruise liners. It will be a week in Benidorm, rationed time around the pool and bus trips only 1/3 full. That will be expensive, for most a week in caravan in the closest part of the country to you.

Quite why anyone would lend 3.3 Billion with 28 floating piles of scrap as collateral is anyones guess.


Royal Caribbean Cruises on Wednesday launched a $3.3 billion bond offering, pledging 28 of its ships as collateral and forecast heavy losses for the first quarter as the COVID-19 pandemic brings the sector to a virtual standstill.
 
SAGA HOLIDAYS (hopefully), I have just had another load of junk mail from them.

Book a cruise in 2023, large discounts available, free upgrades etc etc. £30,000 plus Southampton to Port Stanley and South America. No thanks done that once but I was paid for it.

The way the world going I might not be here in 2023 and I am not offsetting thier losses in 2020.

At the moment I am not planning anything more than a week in advance.
 
Weight Watchers. All the fatties will be dead...
 
STA Travel... the company that specialises in student and youth travel for kids and enables them to fly around the world on a budget in their Gap Year so they can post Instagram moments from Bali to Brazil while leaving a carbon footprint in their trail... and the moment they're back they turn up at Greta Thunberg rallies to shout about old people destroying the planet and their future... the online wailing from a neice of mine and her group of friends that they can't do their planned world trip before Uni brings me to tears. Laughter is good for you in this time of crisis though so I'll keep reading her posts...
 

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