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Retail Sector in Trouble??

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Old 26 June 2005, 03:20 PM
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pslewis
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Red face Retail Sector in Trouble??

Been down town and a sports shop is closing down .... got lots of loverly UMBRO stuff for TESCO money

Anyway, it was packed with shoppers ... the queues at the tills were HUGE!

So, no lack of buyers then .............

INDEX is closing down ..... ARGOS are offering 50% OFF items to counter ....

JESSOPS reduced the price of an expensive Lens for me, actually matching the cheapest internet price!!

Most of the other shops have 50% OFF SALES ..... plenty of shops seem to be very worried indeed ............

Is it simply that people are very price aware these days?

Pete
Old 26 June 2005, 03:25 PM
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16vmarc
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The internet is parlty to blame imo.
Old 26 June 2005, 03:25 PM
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djuk
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Same story in Reading this morning, about 4 shops in the Oracle shopping centre all in the process of closing down.
Old 26 June 2005, 04:28 PM
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is pete stocking up on tracksuits for his first ever "cruise"
Old 26 June 2005, 04:29 PM
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StickyMicky
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Originally Posted by djuk
Same story in Reading this morning, about 4 shops in the Oracle shopping centre all in the process of closing down.
which ones?

the oracle is a nice place IMO
cant rember the name of the "spicy place" near the water, but it was nice enough food

chilli`s or sumthing?
Old 26 June 2005, 04:39 PM
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Is your point that the Labour government have serially mis-managed the economy for short term gain/glory Pete?

Umbro sportswear? Charver!
Old 26 June 2005, 04:40 PM
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djuk
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Originally Posted by StickyMicky
which ones?

the oracle is a nice place IMO
cant rember the name of the "spicy place" near the water, but it was nice enough food

chilli`s or sumthing?
The ones I remember were 'gadget shop', 'Must have IT' and 'Virginware'.

It is indeed chillis down by the river
Old 26 June 2005, 04:44 PM
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yea, was decent enough food in there

there was/is also a place down there that sells crocodille and buffalo
new orleans i think?
Old 26 June 2005, 04:58 PM
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Free parking on a Sunday in Basingstoke

Festival Place is nice and pleasant

Pete
Old 26 June 2005, 05:05 PM
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djuk
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Originally Posted by pslewis
Festival Place is nice and pleasant
But has the wierdest shopping centre layout ever if I remember correctly
Old 26 June 2005, 05:11 PM
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pslewis
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Originally Posted by djuk
But has the wierdest shopping centre layout ever if I remember correctly
Correct, you catch the escalator UP to some shops, walk along them - round a corner and you are back on the lower level you started from!!

Like one of those weird pictures ......

Pete
Old 26 June 2005, 06:01 PM
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unclebuck
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Stocking up on your pikey kit then? You can nip to Argos afterwards for a 50% off fake gold chain.

Like one of those weird pictures ......
I assume you are referring to the art of MC Escher?



(ignorant chav)
Old 26 June 2005, 08:07 PM
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Retail sector is in the vanguard of the economic woes that will affect this country, the Eurozone and the USA in the coming years as the balance of economic power and then political power shifts to the fast emerging economies of the Far East.
What do you think ID cards are primarily for?
Not to fight crime or terrorism but to try to ensure control of the masses when that becomes essential.
Likewise roadpricing and the extension of State control into so many areas.
Just do some research into the economic fundamentals of this country's and the USA's debt.
Look up how the USA debt is funded. By China.
Examine the state of most of the countries in the Eurozone. Dire.
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