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    What is happening to our shopping centres?

    This is a discussion on What is happening to our shopping centres? within the Everyday Life forums, part of the Community channel category; A couple of years ago I popped in to HMV in Chester and saw they had a good offer on ...

    1. #11
      steelysteph's Avatar
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      Re: What is happening to our shopping centres?

      A couple of years ago I popped in to HMV in Chester and saw they had a good offer on a Sony Blu-Ray player with movie starter pack. Just out of interest I did a quick check online with my iPhone to see if there was a review of the model and I spotted the same package on HMV's website for 50 less. I asked the store if they would price match only to be told 'sorry, we can't match that'.

      Needless to say that although HMV did get my custom it was via the net.


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    3. #12
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      Re: What is happening to our shopping centres?

      Quote Originally Posted by Scubbie View Post
      The thing which surprises me is the pricing. Ultimately if two places are able to sell me an identical product at vastly different prices, who is willingly going to go to the one which is more expensive?

      Depends on the Item and how quickly one needs it ;-)

      Suddenly PC world doesn't seem so overpriced when your Routers just gone to silicon heaven and you've got an office full of people who are no longer receiving email. (Yes It does happen)


      It also depends on the price difference between the two places, I don't mind paying a slight premium for something if I know it's from somewhere that historically has given me good service, then there's a couple of places I wouldn't touch again with a barge pole because they've given shockingly awful after sales support.

    4. #13
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      Re: What is happening to our shopping centres?

      Well for one thing Deloitte is doing OK.


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    5. #14
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      Re: What is happening to our shopping centres?

      Quote Originally Posted by Scubbie View Post
      With the news of Comet last year, Jessops last week and now HMV this evening, what is happening to our shops?

      Are they unable to adjust how they work in order to compete with the likes of Amazon and eBay?

      BBC News - HMV: Debt-laden retailer to appoint administrator
      Basically, yes. Their prices are higher because of higher overheads, they have staff to pay, heating costs, ground rent, this is particularly expensive for a fairly large store in a major city this can run into hundreds of thousands per annum - as well as crippling business rates to pay to the council. When you consider that Amazon UK is basically a warehouse on an out of town industrial estate, you can see the problem. eBay isn't even a retailer its simply a "marketplace" - its basically a bunch of servers housed in the US. For all the transactions take place between seller and buyer they aren't even involved apart from skimming off a cut of the profits.

      Retailers such as HMV or Blockbusters simply havn't adapted to the changing market. Their business model is outdated and they've suffered from a lack of vision. And before anyone feels sorry for them remember the days of small independent records stores and video rental outlets? Squeezed out by competition from... yep, the very people who are suffering the same fate themselves.

      Whats the answer? Well they're clearly not "too big to fail" so no bail outs from the government them. When did that ever work anyhow? Anyone old enough to remember teh days of British Leyland and other loss making industries? If we're talking about banks all they did is take the money and hand out massive bonuses out of taxpayers money, hardly anything to look up to.

    6. #15
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      Re: What is happening to our shopping centres?

      Certainly the likes of HMV have put the pressure on the smaller shops, but you could argue that the like of the large superstores have made the damage even more hurtful.

      Thankfully things have improved for HMV:

      BBC News - HMV: Restructuring specialist Hilco takes control of retailer

      The only industry which the UK Government owned and broke up that made good profits was the GPO. With our ever changing methods of communications, the Royal Mail is suffering and BT PLC is still making lots of money. The Post Office Counters are fighting for business and a huge number of smaller outlets have closed, but so too have many of the larger ones which have gone private in smaller locations.

      As for Parcel Force, they have to compete on equal terms with the rest of the parcel delivery firms.

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    7. #16
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      Re: What is happening to our shopping centres?

      All retail shops are going bust because they can't keep up with online shopping.

    8. #17
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      Re: What is happening to our shopping centres?

      Quote Originally Posted by deadman1984 View Post
      All retail shops are going bust because they can't keep up with online shopping.
      If you can't beat them join them. It was true in the past so why not today? It's certainly what most of the large supermarket chains are doing.

    9. #18
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      Re: What is happening to our shopping centres?

      Plenty of store have a physical presence as well as internet and do just fine. Richersounds is a perfect example of a brick n mortar store that is also right up there as a leading internet provider of its goods.

      It's all about the business model not where you trade. Selling CDs, DVDs and Blu-rays from expensive stores with high rent is never a winner. Take HMV, 2 huge stores within half a mile of each other in Birmingham!!! Okay, they closed one recently and then replaced it with a smaller version even closer to the other store. Who in their right mind would do that!! Poor management is to blame for most failures. Charging 25 for a blu ray that is ten yrs old and available for less than a tenner elsewhere isn't going to help either.

    10. #19
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      Re: What is happening to our shopping centres?

      Quote Originally Posted by James_Mitchell View Post
      Just purchased a Eye-Fi 8Gb SD card here

      33 from Amazon or 99 from Curry's

      ...and people wonder why high street shops are failing. I couldn't care less how either one gets to that price, I'm buying the cheapest one.

      Perfect example of why the high street is failing, If it were say 35 or 40 then more people are likely to buy it on the high street for the convienece getting it there and then.

    11. #20
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      Re: What is happening to our shopping centres?

      Well online shopping has really gone through the roof. And it is really easy and safe nowadays. And the best thing about online shopping is that it lacks no quality and also offers a wider range of products. One example which I find interesting is that the Rolex prices online can be unbeatable sometimes. And considering that luxury watches of that brand are really high in quality, it is worth buying one online. I guess it is best for the stores to incorporate an online option into their retail system - as many already do in fact. Often, this brings them back the money they'd lose otherwise. Both concepts taken together would be unbeatable.
      Last edited by Jeco; 19-04-13 at 03:20 PM.

     

     
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