Is the High Street doomed
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Reaching out
I had heard rumours about Evans. ItIts not looking good
Evans Cycles seeks new owner amid cash crunch - Evans Cycles seeks new owner amid cash crunch
Evans Cycles seeks new owner amid cash crunch - Evans Cycles seeks new owner amid cash crunch
cupid_stunt
Chief seagull hater & farmerbarleymow's nemesis.
Yep, it's Tesco's new discount store brand, can't believe people queued for 7 hours to be amongst the first in. 
Shoppers queue from 3am as Jack’s joins high street
Shoppers queue from 3am as Jack’s joins high street
Mrs Miggins
There's been a slight cheese accident
I'm not surprised at Debenham's going under. It's been bland and boring for years.
Mrs Miggins
There's been a slight cheese accident
Oh I'm very sad for the staff but it's a shit store, has been for years, so it's demise does not surprise me. Like BHS. M&S are the same and only propped up by the food part of the business I believe.
Are the Top Shop customer base up on current news?
Some will be. I'd have liked more people to boycott them when Mr and Mrs Green's tax arrangements were publicised. However, news of billions of revenue being avoided always seems to meet with indifference from the masses, "They're all the same" or "If I could afford a good accountant...".
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It's curious that Bucher went from Amazon to Debs
If we shed some jobs before we merge with Sainsbury's, perhaps the merger won't look quite so bad. https://inews.co.uk/inews-lifestyle/work/adsa-closures-job-losses/
Too little, too late and probably won't work. So much red tape https://inews.co.uk/news/politics/b...unveiling-1-5bn-tax-cut-and-prettify-project/
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A small sad business story "the only one in London" Much loved Battersea business could be forced to closed | Wandsworth Guardian
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Fuck me. Ashley is buying Evans bikes and will close half the stores!
Half of Evans Cycles stores set to close
Half of Evans Cycles stores set to close
Dogsauce
I’ve got Skol but I’m not a Scholar
Not the only one in London, there’s an independent foam shop towards Angel on Pentonville Rd, though god knows how they are still in business.
weepiper
I fix the machines that fight climate change
Sad news for the staff in the shops that are going to close (and I know 3 or 4 people that work at Evans) but I can't say I'm especially sorry overall - they're known within the bike trade for aggressively targeting independent bike shops. They opened big stores in Aberdeen and Edinburgh that were both within a short distance of stores of the small independent co-op chain that I work for and they really hurt our sales in both cities (for example they undercut our bid for the Edinburgh Council bike to work contract, which was a major source of income for us). We're still going (just) but if Evans were to close those two stores it would give us a bigger share of the available customer base again. I'm sure it's the same story for lots of smaller bike shops across the UK.
Dogsauce
I’ve got Skol but I’m not a Scholar
Ashley running the remaining shops will be bad news, full of risible crap badged up as once reputable brands that he owns (so lots of Muddy Fox stuff).
Evans has been run by Venture Capitalists for a number of years, as with a lot of the other businesses that have gone under of late. A pattern emerging.
Evans has been run by Venture Capitalists for a number of years, as with a lot of the other businesses that have gone under of late. A pattern emerging.
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What they'll is Ashley up to? The trend is away from high street retailers at the moment, yet he is buying in to it more and more.
is it simply a case of asset stripping bankrupt business's I wonder...noting hecwaits for them to go bankrupt and the buys themthem for a song seconds later and sets about closing them.
is it simply a case of asset stripping bankrupt business's I wonder...noting hecwaits for them to go bankrupt and the buys themthem for a song seconds later and sets about closing them.
not-bono-ever
meh
He is going to need a fleet of helicopters to manage his ever expanding array of retail outlets
not-bono-ever
meh
It’s a Branson/ Starbucks approach - he is piling into everything by hoping that one or two will cover the loses in the rest whilst at the same time making the high street into a race to the bottom that will finish off his competitors who do not have pockets deep enough to subsidise the business.
Brainaddict
slight system overdrive
Also I was never sure what Evans brought to the table, apart from a few discounts on last year's bike models. They rarely employ knowledgeable people. At least Halfords (who also don't) has come up with a semi-decent brand of bikes that people like, and stores tend to be located away from other bike shops.
Didn't know Evans was started in Kennington though, or that it was so old. Praps they should have stuck to Kennington.
ska invita
back on the other side
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For know, I'll settle for sports goods and retailers then dominate the high street tomorrow, possibly
BBC News - What is Mike Ashley's plan for the High Street?
What is Mike Ashley's plan for the High Street?
BBC News - What is Mike Ashley's plan for the High Street?
What is Mike Ashley's plan for the High Street?
Chilli.s
mingling jets and statuettes
The investment companies with their hidden from view wealth are just itching to turn all those loss making city center sites into flats to sell to other investment companies from anywhere in the world. In a few years all the money will be gone along with the ownership to far flung places where taxation isn't a problem.
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Interesting point...historical buildings and town centres have been demolished to make way for those awful centres. You will never get that history or character back
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