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Chat Area => General Discussion Area => Topic started by: omega3000 on 14 January 2013, 20:38:45

Title: Another one
Post by: omega3000 on 14 January 2013, 20:38:45
Hmv looks like the next to bite the dust  :( Wont be much left soon .

HMV (http://www.google.co.uk/url?sa=t&rct=j&q=hmv&source=web&cd=10&cad=rja&ved=0CGoQqQIwCQ&url=http%3A%2F%2Fnews.sky.com%2Fstory%2F1038002%2Fhmv-board-in-crisis-talks-over-chains-future&ei=iWv0UIfiI8bR0QWAq4DYBQ&usg=AFQjCNGOxbvcNcRDFBT-OwNECSw9JQheMA&bvm=bv.1357700187,d.d2k)
Title: Re: Another one
Post by: albitz on 14 January 2013, 20:52:52
Combination of very difficult trading conditions and tinternet shopping is killing the high street shops.
Title: Re: Another one
Post by: Andy B on 14 January 2013, 20:55:20
Combination of very difficult trading conditions and tinternet shopping is killing the high street shops.

Agreed. People take their 'smart phone' out with them, see in the shop what they want to buy, go on-line, see what/where the cheapest price is, & then buy it from them. The high street is used as a showroom/catalogue  :'(
Title: Re: Another one
Post by: bored bigyin54 on 14 January 2013, 20:56:08
Hmv looks like the next to bite the dust  :( Wont be much left soon .

HMV (http://www.google.co.uk/url?sa=t&rct=j&q=hmv&source=web&cd=10&cad=rja&ved=0CGoQqQIwCQ&url=http%3A%2F%2Fnews.sky.com%2Fstory%2F1038002%2Fhmv-board-in-crisis-talks-over-chains-future&ei=iWv0UIfiI8bR0QWAq4DYBQ&usg=AFQjCNGOxbvcNcRDFBT-OwNECSw9JQheMA&bvm=bv.1357700187,d.d2k)
and they tell you to find a job . its a joke :y :y
Title: Re: Another one
Post by: Varche on 14 January 2013, 21:10:34
Combination of very difficult trading conditions and tinternet shopping is killing the high street shops.

Agreed. People take their 'smart phone' out with them, see in the shop what they want to buy, go on-line, see what/where the cheapest price is, & then buy it from them. The high street is used as a showroom/catalogue  :'(

What is a smart phone , I haven't even got a mobile?

Despite having a rubbish 3G network and expensive broadband, Spain has the biggest number of smart phone users-  (apparently) in Europe.

It doesn't bode well for the high street as per the other thread. It will just end up being a catalogue store place with coffee shops and amusement parks or revert to housing...........
Title: Re: Another one
Post by: plym ian on 14 January 2013, 21:15:15
also downloads are making cd's dvd's obsolete  :(
Title: Re: Another one
Post by: Andy B on 14 January 2013, 21:23:37
also downloads are making cd's dvd's obsolete  :(

but some do still like to own the album/CD  ;)
Title: Re: Another one
Post by: Sir Tigger KC on 14 January 2013, 21:40:19
Here's a thought...

When all of the national and multi-national chains have either gone bust or moved out to malls and out of town retail parks and the tumbleweed is blowing down Britain's high streets, might it not be an opportunity for small niche businesses to set up shop there instead?  Then the high streets might become interesting places to visit and towns might regain some individuality rather than the boring indentikit town and city centres that we have at the moment.  ::)

Of course the rents and business rates would have to drop drastically, but tumbleweed dosn't stop to shop!!  :)
Title: Re: Another one
Post by: tunnie on 14 January 2013, 21:44:01
As expected really, not enough demand anymore. Streaming movies from LoveFilm, music streaming from Spotify or Grooveshark. Music collections from iTunes & so on, means little use for high street shops.

Yes some still buy the hardware, but that number is very small & its shrinking fast!
Title: Re: Another one
Post by: omega3000 on 14 January 2013, 21:46:07
They should stop or at least drop the parking fees , most including myself dont go into town because of the price of parking  :(
Title: Re: Another one
Post by: tunnie on 14 January 2013, 21:48:05
Hmv looks like the next to bite the dust  :( Wont be much left soon .

HMV (http://www.google.co.uk/url?sa=t&rct=j&q=hmv&source=web&cd=10&cad=rja&ved=0CGoQqQIwCQ&url=http%3A%2F%2Fnews.sky.com%2Fstory%2F1038002%2Fhmv-board-in-crisis-talks-over-chains-future&ei=iWv0UIfiI8bR0QWAq4DYBQ&usg=AFQjCNGOxbvcNcRDFBT-OwNECSw9JQheMA&bvm=bv.1357700187,d.d2k)
and they tell you to find a job . its a joke :y :y

Unemployment is still continuing to fall, its down to 7.9%.

Jobs are out there, for those who want them  ;)
Title: Re: Another one
Post by: albitz on 14 January 2013, 21:49:29
Hmv looks like the next to bite the dust  :( Wont be much left soon .

HMV (http://www.google.co.uk/url?sa=t&rct=j&q=hmv&source=web&cd=10&cad=rja&ved=0CGoQqQIwCQ&url=http%3A%2F%2Fnews.sky.com%2Fstory%2F1038002%2Fhmv-board-in-crisis-talks-over-chains-future&ei=iWv0UIfiI8bR0QWAq4DYBQ&usg=AFQjCNGOxbvcNcRDFBT-OwNECSw9JQheMA&bvm=bv.1357700187,d.d2k)
and they tell you to find a job . its a joke :y :y
[/highlight]

Start your own business Ralf. :y









Selling pattern parts. :D ;D
Title: Re: Another one
Post by: Rog on 14 January 2013, 22:10:50
also downloads are making cd's dvd's obsolete  :(

but some do still like to own the album/CD  ;)

I still like to have a physical CD . . . . . Ah yes I forgot , my Omega won't play MP3s or copied CDs  ;)
Title: Re: Another one
Post by: bored bigyin54 on 14 January 2013, 22:44:06
Hmv looks like the next to bite the dust  :( Wont be much left soon .

HMV (http://www.google.co.uk/url?sa=t&rct=j&q=hmv&source=web&cd=10&cad=rja&ved=0CGoQqQIwCQ&url=http%3A%2F%2Fnews.sky.com%2Fstory%2F1038002%2Fhmv-board-in-crisis-talks-over-chains-future&ei=iWv0UIfiI8bR0QWAq4DYBQ&usg=AFQjCNGOxbvcNcRDFBT-OwNECSw9JQheMA&bvm=bv.1357700187,d.d2k)
and they tell you to find a job . its a joke :y :y
[/highlight]

Start your own business Ralf. :y









Selling pattern parts. :D ;D
i would make a killing under cuttin vx  ;D ;D ;D
Title: Re: Another one
Post by: bored bigyin54 on 14 January 2013, 22:44:58
Hmv looks like the next to bite the dust  :( Wont be much left soon .

HMV (http://www.google.co.uk/url?sa=t&rct=j&q=hmv&source=web&cd=10&cad=rja&ved=0CGoQqQIwCQ&url=http%3A%2F%2Fnews.sky.com%2Fstory%2F1038002%2Fhmv-board-in-crisis-talks-over-chains-future&ei=iWv0UIfiI8bR0QWAq4DYBQ&usg=AFQjCNGOxbvcNcRDFBT-OwNECSw9JQheMA&bvm=bv.1357700187,d.d2k)
and they tell you to find a job . its a joke :y :y

Unemployment is still continuing to fall, its down to 7.9%.

Jobs are out there, for those who want them  ;)
and going back up now x mas is over ;D ;D
Title: Re: Another one
Post by: omega3000 on 16 January 2013, 22:58:00
Blockbuster's now , jeez 2 in one week . When will it end  :(
Title: Re: Another one
Post by: Webby the Bear on 16 January 2013, 23:03:05
Hmv looks like the next to bite the dust  :( Wont be much left soon .

HMV (http://www.google.co.uk/url?sa=t&rct=j&q=hmv&source=web&cd=10&cad=rja&ved=0CGoQqQIwCQ&url=http%3A%2F%2Fnews.sky.com%2Fstory%2F1038002%2Fhmv-board-in-crisis-talks-over-chains-future&ei=iWv0UIfiI8bR0QWAq4DYBQ&usg=AFQjCNGOxbvcNcRDFBT-OwNECSw9JQheMA&bvm=bv.1357700187,d.d2k)
and they tell you to find a job . its a joke :y :y
[/highlight]

Start your own business Ralf. :y









Selling pattern parts. :D ;D

 just choked on my beer whn i got to the bottom of your post, Albs ;D ;D ;D ;D ;D ;D ;D

on a serious note though if i want a CD from HMV i have to get up (problem to begin with), get dressed, get in the car (burning fuel), park up (parking charges) then WALK to the shop, buy it at twice the price of any online retailer (assuming they have it in stock) and then WALK back to the car and drive home.

F**k that. Internet. 10 mins. done  :y
Title: Re: Another one
Post by: Entwood on 16 January 2013, 23:04:11
Badly run companies will always fail .. and have done since commerce was invented.

All the companies being talked about now have failed to adapt to changes in society and technology. They seem to have had the attitude that the customer should fit in to their way of working .... sorry .. that just doesn't work.

This does NOT make the end of the world any more likely, it just ensures, hopefully, that other companies think a tad more about what they are doing and why.

Title: Re: Another one
Post by: pscocoa on 16 January 2013, 23:15:11
the disgrace here is their failure to honour the gift vouchers - so many people who are affected - if I was a victim of this would not venture into this business at all - totally out of order and does nothing except build bad will towards HMV
Title: Re: Another one
Post by: Webby the Bear on 16 January 2013, 23:17:49
the disgrace here is there failure to honour the gift vouchers - so mny people who are affected - if I was a victim of this would not venture into this business at all - totally out of order and does nothing escept build bad will towards HMV

yeah i heard about that.... yet they continue to trade and take cash over the counter for purchases... WTF????
Title: Re: Another one
Post by: Entwood on 16 January 2013, 23:22:38
If the gift vouchers were purchased using a credit card you can claim the money back from the credit card company.

If bought with a debit card ask your Bank for the money back via the "chargeback" scheme

If bought using cash ... sorry .. no chance...  :(

The simple reason they can't/won't honour the vouchers is that the money has already gone !! It went into the big hole and they have nothing to replace it with. If they gave you goods for the vouchers they would be giving away assets... which is illegal., but they can take cash for assets which is not. If a retailer folds, then voucher holders become creditors. They will get their money back if enough funds are available to divide up after all the business's assets are sold.

DON'T throw them away .. there is a chance, albeit a small one, that the administrators might find a way of honouring or refunding on them.

EDIT .. have a read here ... simplistic but accurate

http://www.bbc.co.uk/news/business-21028524
Title: Re: Another one
Post by: Webby the Bear on 16 January 2013, 23:29:23
If the gift vouchers were purchased using a credit card you can claim the money back from the credit card company.

If bought with a debit card ask your Bank for the money back via the "chargeback" scheme

If bought using cash ... sorry .. no chance...  :(

The simple reason they can't/won't honour the vouchers is that the money has already gone !! IT went into the big hole and they have nothing to replace it with. If they gave you goods for the vouchers they would be giving away assets... which is illegal., but they can take cash for assets which is not. If a retailer folds, then voucher holders become creditors. They will get their money back if enough funds are available to divide up after all the business's assets are sold.

DON'T throw them away .. there is a chance, albeit a small one, that the administrators might find a way of honouring or refunding on them.

I'm sure youre spot on with the reason.

but i dont see how theyd be giving away assets when youve already paid for them
Title: Re: Another one
Post by: Entwood on 16 January 2013, 23:37:19
If the gift vouchers were purchased using a credit card you can claim the money back from the credit card company.

If bought with a debit card ask your Bank for the money back via the "chargeback" scheme

If bought using cash ... sorry .. no chance...  :(

The simple reason they can't/won't honour the vouchers is that the money has already gone !! IT went into the big hole and they have nothing to replace it with. If they gave you goods for the vouchers they would be giving away assets... which is illegal., but they can take cash for assets which is not. If a retailer folds, then voucher holders become creditors. They will get their money back if enough funds are available to divide up after all the business's assets are sold.

DON'T throw them away .. there is a chance, albeit a small one, that the administrators might find a way of honouring or refunding on them.

I'm sure youre spot on with the reason.

but i dont see how theyd be giving away assets when youve already paid for them

When the voucher was bought the money was spent .. it went through the tills and into the bank. The transaction was complete.

The voucher was issued as "part" of the company .. an IOU for want of a better word. It gave you "credit" to spend .. so the voucher holder is now a creditor NOT a purchaser. ... you join all the other creditors in the queue.

Folks walking in with cash are different .. they are are not creditors or debtors .. but they may convert assets to cash by making a purchase.
Title: Re: Another one
Post by: Entwood on 16 January 2013, 23:48:38
Here's an interesting viewpoint on these latest failures ...

Quote
The evidence of past recessions is that economic growth doesn't resume at any great velocity until unviable and inefficient businesses are put of their misery and excess capacity in various industries is eliminated.

Now, although there has been a fair old number of retailing collapses in the past year or so (according to FRP Advisory, HMV is the 32nd significant retail chain to go into administration in just over a year), there have been many fewer corporate collapses since the financial crisis of 2008 than was predictable on the basis of past economic experience.

As you will know (don't terribly sorry old boy, I am a little tired) if you read this column, this economic malaise has been characterised by many weak businesses being put on life support and turned into the living dead, or (to use what is now a cliche, so sorry) zombies.

This is good for the employees of these companies, for a while at least.

But, many would argue, it is not good for the economy in the long run. Because it preserves excess capacity, in a way that makes it more difficult for new business to grow and thrive, and it also holds back the progress of bigger more successful businesses.

So if HMV's demise signals a rising incidence of banks and other creditors being more ruthless in putting lame companies out of their misery, that might in a fundamental sense be quite a good thing.

And if those rising corporate mortality rates were real, it would also show that banks were feeling increasingly confident that they have sufficient capital to absorb the consequential losses - which would also be a very positive sign, in that banks would also have sufficient capital to extend necessary credit to viable businesses.

Doubt that viewpoint will make the headlines .... and I can just see the Unions responses now ...  :)
Title: Re: Another one
Post by: feeutfo on 17 January 2013, 06:18:37
I haven't been into town for years, I hate it.

Traffic(every Saturday it's constant rush hour all day)
Parking(risk of damage, fine/cost same thing, lack of spaces)
Crowds(is it me or are older women so rude? they just barge everyone)
Ignorant staff(not all, but kids mostly)
Prices(it's all gone up)
Repetitive(every high street is the same)

Why on earth would anyone want to go through all that? Total nightmare.

I dont particularly like Internet shopping either, banks should send you a card reader. Plug in USB, one swipe of a card with address. Paid. Job done. ...and it should arrive instantly, by teleport too.  ;D


Title: Re: Another one
Post by: aaronjb on 17 January 2013, 10:00:32
also downloads are making cd's dvd's obsolete  :(

but some do still like to own the album/CD  ;)

Yeah, you can't play a download on an NCDC2013.. ;D
Title: Re: Another one
Post by: Gaffers on 17 January 2013, 10:33:06
Badly run companies will always fail .. and have done since commerce was invented.

All the companies being talked about now have failed to adapt to changes in society and technology. They seem to have had the attitude that the customer should fit in to their way of working .... sorry .. that just doesn't work.

This does NOT make the end of the world any more likely, it just ensures, hopefully, that other companies think a tad more about what they are doing and why.

Very true, there was enough research about it around 4-5 years ago with retailers bening warned to change their high street posture to avoid getting in to difficulties.
Title: Re: Another one
Post by: albitz on 17 January 2013, 11:21:54
It would be nice if the end result of all this was High streets not all looking the same,due to having the same shops all over the country.If the big complacent chains disappear,we might just see the return of local shops which cater for niche markets,local requirements possibly ?
Not necessarily as the cheapest option,but good quality,good service,by people who remember your name after a few visits.
I suppose Im living in the past again though,and they will all end up with an endless line of  £ shops selling every imaginable piece of tat. :(
Title: Re: Another one
Post by: Andy B on 17 January 2013, 11:27:29
.... and they will all end up with an endless line of  £ shops selling every imaginable piece of tat. :(

They're already looking like that ...... with empty premises dotted here & there  :'(  :'(
Title: Re: Another one
Post by: omega3000 on 17 January 2013, 14:37:25
.... and they will all end up with an endless line of  £ shops selling every imaginable piece of tat. :(

They're already looking like that ...... with empty premises dotted here & there  :'(  :'(

And those are taken up by rows of charity shops , supermarkets will have all the business soon  ::)
Title: Re: Another one
Post by: Kevin Wood on 17 January 2013, 15:34:00
also downloads are making cd's dvd's obsolete  :(

but some do still like to own the album/CD  ;)

Yeah, you can't play a download on an NCDC2013.. ;D

You can't get decent sound quality out of a download either, nor do you get something tangible to keep, other than a file on your PC that you can play sometimes, on certain devices, one at a time, if crApple allow you to. So, buying music downloads is a mug's game, on the whole, but the young listeners of throwaway music apparently buy something to listen to on the bus on the way home and then throw it away, they don't give a damn about building up a music collection or sound quality so it suits them.

Why, then, was HMV always just full of chart music and cheesy compilations of older music, which has all the audible appeal of a set of fingernails traversing a blackboard to the kind of old f@rts like myself who still appreciate CDs?

Ok, so CD sales were losing out to downloads, but they didn't even try to target the sector of the market for whom CDs were still interesting, IMHO. Not at all sorry to see them go. Hopefully more power to the elbow of the smaller independent and 2nd hand CD outlets who are actually more interesting to have a browse around, and a darn sight cheaper!
Title: Re: Another one
Post by: Rog on 17 January 2013, 15:41:43
Blockbuster's now , jeez 2 in one week . When will it end  :(

Blockbuster ? Well there's one not far from me, I've never set foot in it. Not bothered about seeing last big movie ASAP, happy to wait until it's £5 in Tesco or wherever.

HMV. Different matter, I buy (? bought) lots of physical CDs from them . . . but all online, good prices, good choice, great service. The problem is that HMV high street shops used to be so staggeringly expensive that I just gave up even looking in them, I recall CDs at £15 - £20. I would guess that many other buyers are the same. So some of this is due to past greed and bad judgement. Anyway, I hope that the administrators can find a way to continue the online business and of course the fantastic Fopp shops !