FabSwingers.com > Forums > The Lounge > House of fraser to close 31 stores.
House of fraser to close 31 stores.
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By (user no longer on site) OP
over a year ago
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Who would of though that another super giant will close some of its stores, affecting 6000 jobs, as part of a rescue deal, what went wrong, is brexit one of the reasons, whats your view? |
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By (user no longer on site)
over a year ago
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My view, sold over priced goods, couldn't compete with cheaper online stores, closed down.
I hate shopping with an absolute passion, so the sooner Amazon shuts down all stores, the happier I'll be
All hail Amazon |
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You know what Shag, I've never been in one because just walking past and looking in the shop window I'm well aware I probably couldn't afford even one of their carrier bags let alone the contents of one. |
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I'm sure this was on the cards a while ago along with the M&S cuts.
The nearest one to us is Glasgow.
It takes up a huge chunk of real estate.
It will be shit for the employees however like has been said I can order on line in the morning and get next day free delivery on certain items for a good percentage less than I would if I was to visit the shop.
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By (user no longer on site)
over a year ago
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I have to admit that I’m not a fan of department stores. If I want to buy a pair of shoes, I’ll go to a shoe shop. I don’t need to be bombarded with cosmetics, multiple ranges of men’s and women’s clothes, handbags, homeware, etc. as well.
But I do feel for the 100s of people that might be losing their jobs. And I wonder what will take the place of such huge stores on the high street? |
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"
But I do feel for the 100s of people that might be losing their jobs. And I wonder what will take the place of such huge stores on the high street?"
Agreed.
Turn those vast spaces into homeless shelters |
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The stores are getting more people to shop online, therefore they are not getting the foot fall through the doors anymore. On top of that you have the increase in ground rent, amenities that is hurting them, you could also add people are getting smart with their money as they are shopping at cheaper places.
It used to be the more you spent on thibgs the better it was, now it.is all about how much you cheaper it was than other places. |
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"
But I do feel for the 100s of people that might be losing their jobs. And I wonder what will take the place of such huge stores on the high street?
Agreed.
Turn those vast spaces into homeless shelters "
Sore point for me that, there is a hotel that closed down years ago, it would be brilliant as a homeless shelter but it is being left to rot. |
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By (user no longer on site)
over a year ago
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That's a real shame because they sell a good range and many of the stores are in city centre flagship locations. God only knows what they're going to be replaced by.
Still st least some people on here seem quite overjoyed that a few thousand are going to lose tbeir jobs. |
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"Still st least some people on here seem quite overjoyed that a few thousand are going to lose their jobs.
Nobody has said that"
That's what I thought. I had to double check as I thought I was going blind.
The assumption is strong in this one. |
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By (user no longer on site)
over a year ago
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"Still st least some people on here seem quite overjoyed that a few thousand are going to lose their jobs.
Nobody has said that"
Of course not.
"so the sooner Amazon shuts down all stores, the happier I'll be" |
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By (user no longer on site)
over a year ago
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"Who would of though that another super giant will close some of its stores, affecting 6000 jobs, as part of a rescue deal, what went wrong, is brexit one of the reasons, whats your view?"
Internet shopping. |
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By (user no longer on site)
over a year ago
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It's simple economics for me. I have less money to spend and it needs to stretch ever further. So no matter how sad it is that shops shut and people lose jobs, I'll search high and low online for the bargains. |
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By (user no longer on site)
over a year ago
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"Who would of though that another super giant will close some of its stores, affecting 6000 jobs, as part of a rescue deal, what went wrong, is brexit one of the reasons, whats your view?
Internet shopping. "
Agreed.We all shop online then question why stores are closing .
We are partly to blame . |
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By (user no longer on site)
over a year ago
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"Still st least some people on here seem quite overjoyed that a few thousand are going to lose their jobs.
Nobody has said that
Of course not.
"so the sooner Amazon shuts down all stores, the happier I'll be""
Yep.
Pity for the staff. but they were always over priced.
As for Amazon..lets hope thats next
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By (user no longer on site)
over a year ago
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"Still st least some people on here seem quite overjoyed that a few thousand are going to lose their jobs.
Nobody has said that
Of course not.
"so the sooner Amazon shuts down all stores, the happier I'll be""
Wow, talk about reading way into things  |
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By (user no longer on site)
over a year ago
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High end garments sold mostly on concessions stalls so anybody hoping for a mass sale of decent clobber is going to be disappointed I think.
Rackhams in Brum is going...part of its history gone, right there.
A crying shame. |
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By (user no longer on site)
over a year ago
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Debenhams and any other department store will be next.
Stores to large and not enough footfall. Basic ecconomics.
Personally i like the whole shopping experience. Trying the clothes on for one. Hate getting clothes of the internet as the sizes are always a bit iffy. Being a short arse its good to try them on first ! |
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By *ady LickWoman
over a year ago
Northampton Somewhere |
"High end garments sold mostly on concessions stalls so anybody hoping for a mass sale of decent clobber is going to be disappointed I think.
"
The House of Fraser store in Northampton closed a few years ago. I got some amazing bargains. Jeans and a purse which should of been £350 each were £30 each  |
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By (user no longer on site)
over a year ago
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"High end garments sold mostly on concessions stalls so anybody hoping for a mass sale of decent clobber is going to be disappointed I think.
The House of Fraser store in Northampton closed a few years ago. I got some amazing bargains. Jeans and a purse which should of been £350 each were £30 each "
My sister will be happy to hear that! |
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By (user no longer on site)
over a year ago
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"High end garments sold mostly on concessions stalls so anybody hoping for a mass sale of decent clobber is going to be disappointed I think.
The House of Fraser store in Northampton closed a few years ago. I got some amazing bargains. Jeans and a purse which should of been £350 each were £30 each "
Love a bargain |
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"High end garments sold mostly on concessions stalls so anybody hoping for a mass sale of decent clobber is going to be disappointed I think.
Rackhams in Brum is going...part of its history gone, right there.
A crying shame."
for real mad piece of history if your into garms |
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By (user no longer on site)
over a year ago
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As awful as it sounds, like everything things evolve (not always for the better I might add) over the years and this is just a sign of the times, with online shopping now you (I like to still go to the shops) don’t have to have the big department stores now that are generally really expensive anyway.
Look at milkmen, all the rage for years, now the supermarkets sell it its a dying trade, my poor dad was shifted all over the place for years before he retired.
Not good for those loosing their jobs of course but certainly not suprised. Now if they could close down w h smith as that is grossly over priced and never anyone in there that would be great, least not because we will get our bigger post office back!
Geeky x |
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The store will have partially been affected by the 2008 global financial crisis, coupled with austerity Britain, where wages have helped it gain 103rd place for wage growth since 2008  The institute headed by Iain Duncan Smith, Conservative, also predicts that the low paid face 10 more years of wage squeezes in the UK.
With a retailer selling items that will often be over and beyond essential items to stay housed and fed, they will obviously be under pressure to sustain themselves. The pending Brexit decisions have also been affecting the UK economy very negatively, so this will have impacted the retailer too.
It's very disappointing but perhaps not totally too surprising. |
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By (user no longer on site)
over a year ago
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In other news a brand new John lewis store opens in Cheltenham in autumn, plus their Waitrose is being extended. In Gloucester a new Next Home is being built. It's not all doom and gloom.. |
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"My view, sold over priced goods, couldn't compete with cheaper online stores, closed down.
I hate shopping with an absolute passion, so the sooner Amazon shuts down all stores, the happier I'll be
All hail Amazon"
Which would be fine if Amazon operated on a level playing field.
You know.
Paid tax and everything. |
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By (user no longer on site)
over a year ago
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"My view, sold over priced goods, couldn't compete with cheaper online stores, closed down.
I hate shopping with an absolute passion, so the sooner Amazon shuts down all stores, the happier I'll be
All hail Amazon
Which would be fine if Amazon operated on a level playing field.
You know.
Paid tax and everything."
Don't care. It's cheap and convenient and I can shop from home |
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By *ty31Man
over a year ago
NW London |
"Just read that the MK store is closing, that is a massive shop! "
That's a big reason for so many of their stores having to close. They're just too expensive to rent.
Surprised that the Oxford Street one is going though considering its location. |
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I always thought they were pretty reasonable with prices, and sure they had expensive stuff but also had levis and the likes for around the same price you can get them online, but you can try them on.
I'm the type of shoper that if I cant try the jeans on I wont buy them, so if all shops go away and its left to amazon I will probably order the same pair of jeans over and over and not buy a different make/brand ever again.
I like going there for birthday presents too, I got my sister a little wedgewood mirror thing in there that I 100% would have never seen online, and it was reduced. |
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Also, i think its down to rent/bad investments than brexit.
There are some big players expanding, but every single one of them avoids high rent areas like the plague and they are raking in cash. The sort of shops like Ikea that setup on the edge of town and expect you to drive out to them.
Rent and insurance is absolutley shocking in some places. |
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"I actually think WHSmith might be next. Most of their books are double what they are on line."
Speaking of WHSmith, why are their shops so badly lit? Are they saving on electricity, or are they trying to drive out the three customers in the shop? It always seems like closing time in there. I don't go in there unless I have to. It's just so depressing! |
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By *ida8780Couple
over a year ago
any town |
It’s sad for the people who will lose their jobs. When businesses make cuts its rarely the guys at the top getting cut. Online is quick, convenient and easier than ever. If you live out in the country like we do, going shopping can be a hassle. I could go into a town with clothes shops (a 40 min drive each way for an ok selection or an hour each way for a better selection. Anything else and it’s city centre for us, about an hour and a half plus whatever traffic you gotta face), once there I gotta hope I see something I like and in my size. OR I could go online, sort what I want by colour, size, fit and price and buy something that will be here tomorrow (with free returns if it doesn’t fit) and be done in time for the school run. No fuss and no crying in the changing room cos they only have the size above or the size below me.
You would think with all the online services available they would be able to redistribute a lot of staff to a busier section of the business.  |
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By (user no longer on site)
over a year ago
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"Also, i think its down to rent/bad investments than brexit.
There are some big players expanding, but every single one of them avoids high rent areas like the plague and they are raking in cash. The sort of shops like Ikea that setup on the edge of town and expect you to drive out to them.
Rent and insurance is absolutley shocking in some places."
Very true and it's destroying town and city centres. Landlords that live elsewhere and don't maintain their buildings. Local councils are often blamed for lack of urban centre development but it's often over-priced private sector rents that stifle growth. |
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By *ENGUYMan
over a year ago
Hull |
"Just read that the MK store is closing, that is a massive shop!
That's a big reason for so many of their stores having to close. They're just too expensive to rent.
Surprised that the Oxford Street one is going though considering its location."
The Oxford Street store has Rates of £4.5M a year!!! Plus it was due to increase later in the year!
WHS was mentioned by others; everything is overpriced with them. If newspapers & mags weren't already priced I bet WHS would increase their prices!
A recent survey found shoppers rated WHS as the worst retail company. |
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By (user no longer on site)
over a year ago
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"As soon as i heard this on the radio, I knew you'd start a thread asking if Brexit is to blame  "
Haha I was going to say this when I saw this thread by OP lol |
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By (user no longer on site)
over a year ago
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Unstable economy may be partly to blame, buying non essential items requires people to have spare cash, and confidence that they will still have spare cash 6 months / years down the line.
But the bottom line is the stores running costs are higher than their income, and the biggest tend to fall the loudest. |
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By *i1971Man
over a year ago
Cornwall |
"
WHS was mentioned by others; everything is overpriced with them. If newspapers & mags weren't already priced I bet WHS would increase their prices!
A recent survey found shoppers rated WHS as the worst retail company. "
The thing with WHS is that shopping online with them can save you so much money (for items I've bought), so they're encouraging you not to use their stores. I know they have rates & staff costs but not noticed it so much with other stores though |
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By (user no longer on site)
over a year ago
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"Unbelievable!!
One day announcing store closures and job losses, the next they're on the radio bragging about their new collections. "
You expected them to cease promoting trade for their remaining business? |
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By (user no longer on site)
over a year ago
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"Unbelievable!!
One day announcing store closures and job losses, the next they're on the radio bragging about their new collections.
You expected them to cease promoting trade for their remaining business?"
You're right but they seem to be spending money on the wrong things.
If I hear a radio advert for House of Fraser, I don't automatically think of going to visit their store... But that's just probably me. |
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I love a bargain!!! 