Who Might Take There Places?

Who Might Take There Places?

13 posts
19 Jan 2013
stu_art
Photographer
stu_art
So we have a few threads running over the demise of Jessops, HMV etc and yes perhaps the business models were not agile enough for the current climate and the use of internet shopping.

But Argos have found that by using the internet and introducing 'click and reserve' they have managed to retain the High Street presence and draw from the internet shopping....

But with all things in life, when one business closes it creates opportunities for others.... a few years back as Woolworths demised, Wilkinsons seemed to start popping up more and moreand in some cases filled the gap.... Who had heard of Primarni (aka Primark, that favourite supplier of basic Model Lingerie) a few years back, now they have two large flagship stores on Oxford Street, one at each end!

So do we know of any small chains that might grow to fill some of the void left by Jessops? Is it time to persuade Sir RB that we would like Virgin Photography sad
Posted 19 Jan 2013
mph
Photographer
mph
I have to say I feel sorry for anyone in the market though. For instance, taking just one make there are about 28 different models from Panasonic alone - which would not be so bad if the product life cycle was a bit longer. I also feel sorry for anyone trying to be familiar with all the models so they can demonstrate them!

Not an easy market and much more difficult than film used to be I feel

Posted 19 Jan 2013
For_Arts_Sake
Photographer
For_Arts_Sake
Amazon. Their place has aready been taken, that's why they've gone bust.

Posted 19 Jan 2013
1919_Images
Photographer
1919_Images
Re Primark - have a google and check out their records re child slave labour and their continual defiance of international labour standards (including in the UK). If you want more stores selling cheap crap made by slaves then fine, otherwise I'd shop elsewhere.

Posted 19 Jan 2013
paulcoxphotography
Photographer
paulcoxphotography
The model the pundits say stores should be following is what Argos are doing with their click and collect service. Unfortunately they don't seem to realise that this is exactly what Jessops were doing and they went bust anyway. Maybe overheads on leases were too high, maybe the public didnt realise they'd moved to a more competitive price model or perhaps with the prevalence of camera phones there is no need for this kind of camera retailer on the high street now and niche shops such as Greys of Westminster are the way forward.

Posted 20 Jan 2013
Edited by paulcoxphotography 20 Jan 2013
RedChecker
Photographer
RedChecker
Personally I don't need to get touchy-feely with anything prior to purchase as I often go for the top-end stuff anyway which I know will feel good (regardless of brand) and more often than not I'll base my decision on the specs.

The market that will be hardest hit (IMO) will be the ones scraping the barrel as you're more likely to go for size, colour, feel etc. BUT under distance selling regulations you can keep sending them back if you're not happy when buying off the internet. A good example of this is my boss who bought ~4-5 different cameras before he got one he wasn't happy with. I personally don't agree with this as I feel sorry for the shop owner having to effectively take back/refund a soiled product, but that's how my boss does all his purchases and there's no reason we can't all do the same.

As for replacing them with another national chain, personally I don't think it'll happen.
Posted 20 Jan 2013
Edited by RedChecker 20 Jan 2013
mph
Photographer
mph
There is of course, at the moment anyway (!) Currys/PC World who have a range of the cheaper cameras plus John Lewis so the bottom end is catered for to some extent.

Posted 20 Jan 2013
tonycsm
Photographer
tonycsm
The businesses most likely to survive are small specialist shops with little or no competition or larger businesses with a strong and competitive internet presence - those which don't, will find trading much more difficult as time goes on. I used to enjoy the experience of a day out shopping around but it makes much more sense these days to check availability and prices from the comfort of one's own home before purchasing.
   
On top of high rents and business taxes, fuel and parking costs or parking restrictions are killing many inner city and even many small town businesses - in a few years there possibly won't be a high street as we know it and it will mostly large retail parks with their free parking which will attract most out of town customers. Also, larger inner city shopping malls have reduced the number of high street businesses and many streets have more empty shops or are occupied by charity shops than are taken which gives a gloomy look to many cities.

There is also the fact that the costs of hiring staff has got gradually more expensive over the years due to employees having more entitlements - wages are a large expense for many businesses, intenet businesses generally don't need them so there is also going to be a decline in jobs in the retail industry over the next decade.

Not a great outlook for the retail industry as a whole!

Posted 20 Jan 2013
andy_h
Photographer
andy_h
mph

There is of course, at the moment anyway (!) Currys/PC World who have a range of the cheaper cameras plus John Lewis so the bottom end is catered for to some extent.


They're fairly high up my list of possibles to go the same way as Jessops tbh
Posted 20 Jan 2013
tonycsm
Photographer
tonycsm
andy_h

They're fairly high up my list of possibles to go the same way as Jessops tbh


I can see them closing unprofitable stores and contracting somewhat but now that Currys and PC World don't have as much competition since the demise of Comet, they should survive and they have a good internet presence too.
There will always be a need for hands-on viewing before purchasing of large white goods so there will always be room for competitive stores like Currys. PcWorld caters for those who aren't very computer literate and offer plenty of in-store choice and advice so they should be ok too.
Posted 20 Jan 2013
mph
Photographer
mph
tonycsm

I can see them closing unprofitable stores and contracting somewhat but now that Currys and PC World don't have as much competition since the demise of Comet, they should survive and they have a good internet presence too.
There will always be a need for hands-on viewing before purchasing of large white goods so there will always be room for competitive stores like Currys. PcWorld caters for those who aren't very computer literate and offer plenty of in-store choice and advice so they should be ok too.


+1

Their stores look a lot better than those of Comet did if the local situation is anything to go by too!
Posted 20 Jan 2013
tonycsm
Photographer
tonycsm
mph

+1

Their stores look a lot better than those of Comet did if the local situation is anything to go by too!


I've only been in one Comet store in recent years and it was a huge place and very comparable to Currys - their prices were similar too so I think it was just a case of there being too many stores chasing too few customers and Comet lost out!

Posted 20 Jan 2013
DorsetHammer
Photographer
DorsetHammer
PC World and Currys are going to consolidate into 2-in-1 stores so unfortunately that will lead to job losses. They are also venturing into kiosk type selling i.e the Argos model.

Posted 20 Jan 2013
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