USC & Adams in Administration

[Pyroka]

http://www.telegraph.co.uk/finance/4028418/USC-in-administration-Sir-Tom-Hunter-buys-43-stores.html - USC

http://news.bbc.co.uk/1/hi/business/7806282.stm - ADAMS

Shame too, I like USC clothes.

[Wayne]

More businesses under administration? I feel sorry for them.

[Pyroka]

You watch, by the end of February you'll know which companies got hit the hardest by the big reduction offers. USC is the first major clothes shop to go also, so that's interesting. The USC in Exeter when I went past it was bare... I think it'll happen, people are shopping on the net for expensive brands like Firetrap & Diesel, G-Star Raw etc.

Adams, well that was due to Mothercare dominating.

[Hazza]

I'm going to predict the next thing to go is going to be a major toy store because parents are really buying for their kids as much in the recession. Something like Toys R Us, I don't think TRS will because they are massive but something like them.

I liked USC although there wasn't many near me.
Republic and Topman ftw ;)

[Wayne]

Yeah, a toy store may go under administration.

[Hazza]

I don't think this'll be the last of the shops to go, there's going to be a few more in my opinion.

[Pyroka]

Homebase are next, then the Dixons Group (Comet, Currys, Dixons, PC World). Toys R Us could well go down, theyre pretty spread out and not many people want to travel far away to get their toys whereas they can get them on the internet for the same, or a cheaper price.

Republic will eventually go imo, Topshop/man is part of the Arcadia group (Burton, Topshop/man, BHS, Dorothy Perkins, Wallis, Miss Selfridge & Evans). Not all of those are popular shops either, so you can see what Im saying there.

[Wayne]

I hope Comet/Currys don't go down.

[Hazza]

Anything thats over 50% off atm are in danger in my opinion. PC world/Comet have many sales on atm thats why I took the advantage of buying a cheap laptop now, well £400 instead of £600 is good enough.

[Pyroka]

Kingfisher PLC own B&Q, and apparently they own the Woolworths group PLC, or have some relation to it. Put two and two together, yknow? Homebase are so going down, and so are Comet/Currys. PC World will go down first, and then Dixons, then Currys & Comet. PC World isn't that popular so they're reducing a load. ;)

[e5]

Never heard of either of them... lol

[GommeInc]

I've never heard of USC... Adams closed it's store near me ages ago I think.

[Hazza]

Kingfisher PLC own B&Q, and apparently they own the Woolworths group PLC, or have some relation to it. Put two and two together, yknow? Homebase are so going down, and so are Comet/Currys. PC World will go down first, and then Dixons, then Currys & Comet. PC World isn't that popular so they're reducing a load. ;)
Yeah exactly, they owe Entertainment UK (thats Woolworths PLC group ;)).

[Pyroka]

Where do you get your clothes from now then Ryan? :P

[Titch]

PC World will go into adminstration within next 4 weeks, thats what dad keeps telling me. Also, suppose this is good news for me, gives dad for bussiness lol.

[IceNineKills]

i'll be glad if toys'r'us and comet go down 'cause then my works will be completely dead.

[J0SH]

More credit crunch, this is why I stick to using my credits wisely, on Habbo furniture.

[Tim.]

Soon shopping centres are going to be a thing of the past if this continues in the way it has..


this is why I stick to using my credits wisely, on Habbo furniture. <- I Lol'D

Also PC WORLD and curries are the same company so if one goes the likely hood the other will too.

[Titch]

Yeah exactly, they owe Entertainment UK (thats Woolworths PLC group ;)).

WoolWorths belongs to the group and was sold off in 2002.

[Hazza]

WoolWorths belongs to the group and was sold off in 2002.
Point proven...
http://www.entuk.co.uk/home

[Sarah]

Homebase are next, then the Dixons Group (Comet, Currys, Dixons, PC World). Toys R Us could well go down, theyre pretty spread out and not many people want to travel far away to get their toys whereas they can get them on the internet for the same, or a cheaper price.

Republic will eventually go imo, Topshop/man is part of the Arcadia group (Burton, Topshop/man, BHS, Dorothy Perkins, Wallis, Miss Selfridge & Evans). Not all of those are popular shops either, so you can see what Im saying there.
I disagree I think these shops are very popular, they are always packed when i go in there.
But they will probs go into administration their more expensive compared to other high street shops.