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Thread: Disappearing businesses.

  1. #1
    Community Senior margaret's Avatar
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    Default Disappearing businesses.

    Unfortunately I read today that the stores, Oasis and Warehouse are going into administration.
    Also Laura Ashley are closing.
    I doubt sometimes whether a quiet and unagitated life would have suited me - yet I sometimes long for it.

    - Lord Byron.

  2. #2
    Super Moderator rebbonk's Avatar
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    The present situation has hastened things, but they were on thin ice before all of this. I fear that our present problems will be the catalyst (or excuse!) for many more businesses to cease trading.
    Of course it'll fit, you just need a bigger hammer.

  3. #3
    Community Senior margaret's Avatar
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    I suppose that the internet is another underlying factor here, in that online shopping is the shape of things to come. (Though I sincerely hope not). With these small businesses, I think you would need to do a detailed analysis of what kind of businesses are , because I suspect the niche ones will survive anyway.
    I doubt sometimes whether a quiet and unagitated life would have suited me - yet I sometimes long for it.

    - Lord Byron.

  4. #4
    Super Moderator rebbonk's Avatar
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    Rising rent and rates, falling foot-fall few will be immune. I even know of a couple of specialised model shops that have closed their doors.

    Some specialist type shops might be able to adapt to an online model, but I suspect many will only be shorterm until the present owners retire.

    I suspect that high-end clothes shops might survive and the more upmarket jewellers, but for most, the future must be looking very bleak.
    Of course it'll fit, you just need a bigger hammer.

  5. #5
    Administrator Lex's Avatar
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    Well, that's the Leamington & Stratford branches of Debenhams officially gone: https://www.bbc.co.uk/news/business-52330268

  6. #6
    Administrator Lex's Avatar
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    The county will soon be bereft of Debenhams branches: https://www.stratford-herald.com/109...estaurant.html

  7. #7
    Super Moderator rebbonk's Avatar
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    Very difficult times ahead, Lex.
    Of course it'll fit, you just need a bigger hammer.

  8. #8
    Administrator Lex's Avatar
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    There are. One independent shop where I live seems to have called it a day - a 'to let' sign has appeared in the window.

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