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.

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Recent Comments

  • User AvatarCaron Lindsay 31st Jul - 8:12pm
    LJP, a couple of years ago.
  • User AvatarJoshua Dixon 31st Jul - 8:06pm
    Matthew, I'm not going to dignify your "magic money tree" comment with a proper response. Don't patronise me.
  • User AvatarEddie Sammon 31st Jul - 7:38pm
    Hi people. I'll just respond to a few points. It wasn't simply Caron that made me feel I had to go, it was because I...
  • User AvatarChris Randall 31st Jul - 7:20pm
    Cllr David Beckett this stupidity will not solve the housing crisis caused by 30 odd years of governments ignoring it, Allowing Landlords to profit with...
  • User AvatarCalderdale_Local 31st Jul - 7:14pm
    Apparently the most amusing bit of the night was Cabinet member and wife of the Labour leader voting by putting both hands in the air....
  • User AvatarJennie 31st Jul - 7:01pm
    The Labour Cabinet were planning to put in compulsory purchase orders for a church, a pub, and various other buildings around the crossroads to widen...