Tag Archives: retail

Jessops – is administration a euphemism for obliteration?

Sadly, yesterday another retailer went into administration, this time Jessops, the high street camera chain. For the time being it continues to trade but the jobs of its 2000 employees in 200 stores are under threat. Surprisingly, Christmas can be a bad time for retailers – rents are due on Christmas Day and if the expected bumper sales don’t materialise, the money may not be there to pay them.

Obviously it’s not going to get any easier for ‘bricks and mortar’ store chains with the continuing increase in online sales, but there’s a more fundamental problem – apart from the massive …

Posted in Op-eds | Also tagged | 20 Comments

Daily View 2×2: 11 February 2010

Well, let’s see. First the earth cooled. And then the dinosaurs came, but they got too big and fat, so they all died and they turned into oil. Then it was February 11th and time for Daily View, on this, Canadian actor Leslie Nielson’s birthday.

He shares the date with the Beast of Bolsover, Dennis Skinner, and Caribou Barbie, the Republican Vice Presidential candidate Sarah Palin.

Other notable occurrences today include the death of Sylvia Plath in 1963 and the début of Julia Child’s US TV show The French Chef in 1963. If you’ve never seen it before, go see Julia making omelettes.

2 Cheerful Stories

British Retail’s “irreversible downward spiral”

The Guardian has news that some British towns and cities have so many empty shops they may never recover:

Many of Britain’s towns and cities are suffering from such huge shop vacancy rates that they risk becoming ghost towns, wiping hundreds of millions of pounds off property values, a study revealed yesterday.

Cities such as Wolverhampton and Bradford, where nearly a quarter of shops lie empty, could be on an irreversible downward spiral as a result of the financial crisis. The research by the Local Data Company shows retail vacancy rates across Britain rose 2% in the past six months of last year to 12%, with some towns seeing as much as 24% of its shops lying empty.

“As much as 24%” ? What’s wrong with “Almost a quarter” ?

Oh, and NB, the photo in the story is my home city Nottingham. I’m not sure where it was taken, but it’s not really typical of the city.

Posted in Daily View | Also tagged , , , , , , , , , , , and | Leave a comment



Recent Comments

  • User Avatariantha kirkup 3rd Sep - 4:48am
    Hi Daisy, pleased to learn you are standing for president, locally I find your enthusiasm contagious and I am sure that will carry over to...
  • User AvatarEddie Sammon 3rd Sep - 1:01am
    This has the potential to get nasty and I don't like what I'm seeing. The UK and the EU need to be careful not to...
  • User AvatarJoe Bourke 3rd Sep - 12:31am
    John Dunn, Ukraine has a great deal to lose as a consequence of deteriorating relations with Russia and has sought to maintain its export trade...
  • User AvatarEddie Sammon 3rd Sep - 12:04am
    Liberals should continue arguing unfashionable causes, whilst not necessarily putting them in the manifesto. When it comes to Sterlingisation and the EU: I think Scotland...
  • User AvatarFrankBooth 2nd Sep - 11:55pm
    Tim13 - you suggested it was the cue for rump UK and Scotland to join the Euro. You'd have to deal with the implacably opposed...
  • User AvatarT-J 2nd Sep - 11:41pm
    OK, it's all very well and good to guarantee more powers, but I just don't have enough confidence in most of the people issuing that...