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.Think of the staff. Remember BHS?
Are the Top Shop customer base up on current news?Could Top Shop, etc take a hit after Peter Hain's intervention today?
Are the Top Shop customer base up on current news?
A small sad business story "the only one in London" Much loved Battersea business could be forced to closed | Wandsworth Guardian
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.Fuck me. Ashley is buying Evans bikes and will close half the stores!
Half of Evans Cycles stores set to close
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.
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.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.