Poll: Who is next to go into Administration

This poll is closed

Who is next to enter administration

Carphone warehouse 2%

Argos 3%

British home stores 3%

Waterstones 24%

TK maxx 2%

Wilkinson 3%

Game/Gamestation 19%

Toys r US 5%

Carpet ware 5%

Furniture stores 2%

M &Co 7%

Currys/PC world 15%

Morrisons 0%

Wh Smith 8%

Primark2%

Total votes: 59

shadow13

with the demise of the high street who would u vote for the next retail to go under also please list any other business/retail which is not on this list and which u personally who might go under

this is only a general list and those firms are easy target to go under but please state any other retile u feel personally may go under the near future

(edited 11 years ago)

Reply 1

finkykun

Original post by shadow13

Argos
Carphone wharehouse
Toys R us UK (Physical stores close-online remain open)
M&Co
Wilkinson
BHS (british home stores)
TK maxx
H and M
Primark
Boots
Waterstones
Game/gamestation
Whsmith
Frasers

hhhmmm... i think argos will save its bacon for a while so too will toys are us. earilest departures will be M&co and Game/Gamestation i imagine - also waterstones/wh smith (everything availiable online a lot cheaper)
That was HMV's problem - even their own online store was a lot cheaper then there own stores.. why would people want to go and buy things...
Personally i think, everything is loosing out to the online market and it will all be going at some point soon... our town is getting more and more over run with banks/building societys and poundlands! x

Reply 2

linney

M&CO. It's cheapish stuff which you can get in a myriad of other stores.

Reply 3

Origami Bullets

I voted for Waterstones and Currys / PC World.

Waterstone's business has been overtaken by Amazon, and after the demise of Borders and the fact that WH Smith focuses on stationery and magazines, it's the only major high street bookseller left.

Currys / PC World is owned by the same parent company as Comet, and the goods that they sell, and the customers that they serve, are more prone to shopping online.

Game is a possibility, but it's already gone under once and so the administrators must have seen some sort of profitable future for it, otherwise it would simply have been shut down.

I'd never heard of M&Co before, but having had a look it's because I've never lived anywhere near one (they seem to focus on small towns, not city centres). However, I think clothes retailing is fairly safe for now, as people do want to try the clothes on first. The only clothing chain I can think of that's gone under is Peacocks.

Reply 4

nugiboy

Waterstones is on a ticking time bomb with the increasing popularity of e-readers, audiobooks and simply just the vastly bigger selection and cheaper prices online. I'm sure it knows this and has some sort of strategy to ride it out.

Reply 5

Origami Bullets

Original post by nugiboy

Just like HMV did with the invention of iPods, iTunes and Netflix...

Reply 6

SophieB1997

I reckon Waterstones as they've closed some stores recently and most people buy books online or have e-readers now.
However, I don't think Game have long left bearing in mind HMV have gone into administration and they sold a wider range of products.

Reply 7

nugiboy

Original post by Origami Bullets

Just like HMV did with the invention of iPods, iTunes and Netflix...

Yes but I'm guessing/hoping that after seeing the reoccurring fate of it's highstreet brothers and sisters that it's going to take actions to stop it from becoming the next victim.

They've already been selling their own ereaders and ebooks for a while although they arn't compatible with the Kindle which is quite unfortunate.

Also the CEO's of HMV were just plain retarded and stuck in past. People from lower down in the company had been telling them for years about the threat of digital downloads and online sales but they were just dismissed as 'fads' and nothing to be concerned about.

Reply 8

rosykatewebster

With E-reading ablaze, yes it seems inevitable that Waterstones would go into administration and unfortunately the reality is that it is dying, albeit it very slowly. However, when looking at the statistics it's actually very unlikely that its demise will occur any time soon. Waterstones is still a profitable business, it frequently achieves high scores in customer satisfaction surveys and most importantly publishers WANT it to survive. So for now, I think and I dearly hope it's going to hold its ground as the only specialist book chain in Britain.

Reply 9

redferry

Not Waterstones, the one in Birmingham is like the best shop ever, I love it :frown:

I have been actively getting all my books there instead of Amazon.

Reply 10

GeekyNick

I think Waterstones might be safe for a little while longer because, at least as I see it , e-readers haven't quite taken over from physical books in the way that digital music and video eclipsed physical media. Physical books do still over quite considerable advantages over e-readers especially for cook books, textbooks, etc. There is also the fact that not every book is currently available as a digital copy - again textbooks spring to mind. The other issue for them is online sales however they have kept their pricing quite competitive which helps. I also feel that there is still a tendency to browse bookshops in a way that people no longer browse HMV.

My money would be on Game/Gamestation. Unlike clothes shops and , to some extent bookshops, these kind of stores don't really offer anything online shopping. People generally know what titles they want so why not just order it online ? It's not like they let you have a go in the store.

This, coupled with the increasing prevalence of (legal) digital downloads, makes me doubtful as to the future of bricks and mortar games shops. I can definitely see the big names maintaining an online presence though.

Reply 11

Tiger Rag

Don't Waterstones have their own version of an e-reader? Either way, I won't be surprised if they went tbh.

Reply 12

joey11223

Waterstones or Currys/PCworld. Technically game has already been through administration AFAIK? Obviously it could slip back again but I think their online is doing well at least.

I'll go with Waterstones though, so many people I know go there to look at the books, but then check on their phones to see how much cheaper Amazon is and get them from there.

Reply 13

Psyk

Original post by joey11223

I voted Waterstones. Currys/PC World can position themselves as almost like a showroom for tablets, PCs, Laptops, etc. I think that's the sort of thing there will always be a market for people who want to come and try it out before they buy. Also as they're quite high value goods, I think some people are willing to pay a little more to get it there and then. So they'll still get customers even if things are a little cheaper online.

But with Waterstones? I suppose some people might like to flick through a book before they buy, but I'm guessing there are previews when you buy online too.

High street shops have to find ways to play to their advantage of being a physical place where people can come and see what they're buying in person. But I can see how it's hard for them to sell games, DVDs, CDs, etc. because fundamentally they are digital products. Being able to physically inspect the box is pretty meaningless.

Reply 14

PostgradMatt

Has to be game, more and more people are buying games on-line now.

Reply 15

Iqbal007

Waterstones is definitely having a huge issue with finances, they are trying a lot of marketing for people to start buying books.
And after Comet, I definitely see that Currys and PCworld are trying to adapt to the new tech market, which lets be fair is doing very well online as the prices so much cheaper.

:lolwut: