Have you been into Wilkos, since their misfortune was published? A silly move I made, was to add some cash to one of their saver cards, so I ought to visit to try to spend it all. I think I saw a 'Sale' notice, on a store I passed a couple of days ago, so I'm unsure if it's like a fire sale in them, |
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
Today is the deadline for offers, I don’t think they will get any that will work. They needed to invest 5 years ago instead of rinsing it paying store managers 25K , doing nothing strategic what the fuck did they expect to happen |
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"Today is the deadline for offers, I don’t think they will get any that will work. They needed to invest 5 years ago instead of rinsing it paying store managers 25K , doing nothing strategic what the fuck did they expect to happen "
Funnily, they had enough dosh to pay 3 million in dividends this past year, to the owners  |
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They got Hilco involved, "ambulance chasers" who bleed companies dry,tell them to sell exclusively online, take them over, then sell off all assets before saying it is an unprofitable business and winding it up. Have done it with 10's of big retail companies. |
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By (user no longer on site)
over a year ago
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"They got Hilco involved, "ambulance chasers" who bleed companies dry,tell them to sell exclusively online, take them over, then sell off all assets before saying it is an unprofitable business and winding it up. Have done it with 10's of big retail companies."
That sounds nasty business tactics.
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
"They got Hilco involved, "ambulance chasers" who bleed companies dry,tell them to sell exclusively online, take them over, then sell off all assets before saying it is an unprofitable business and winding it up. Have done it with 10's of big retail companies."
They should sell their assets and they should have been leveraging low interest rates to grow and diversify and get with the 21st century - yes online.
Waterstones are doing just fine , selling more books and more physical stores than ever in history. |
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