Arcadia to close 260 stores.....!!!

coup1917

Just seen this reported on Sky...
Arcadia, the giant behind stores such as Topshop & miss selfridge are to close 260 of their stores....
I wonder how many of their irish stores will make up these numbers...

I cant help feeling we have a long way to fall yet.
There really is no telling as to how bad things will become here..
Looks like the high street brands are starting to make up their minds on where we're headed..:eek:

Kiera

I'm not surprised. Their shops are tack!

Amirani

Crap and overpriced anyway.

whiskeyman

Next!!!

phasers

Aw crap, my Mam works in an Arcadia shop.

mojesius

Topshop is muck. Haven't set foot in Miss Selfridge since the mid 90s.

Good news

Solnskaya

uh oh. I think a lot of businesses are just hanging in there until christmas anyway for the few bob thats there to get. Come january, all bets are off. brains, crack, goo, time, feast etc etc.

Cypher_sounds

mojesius wrote: »

Topshop is muck. Haven't set foot in Miss Selfridge since the mid 90s.

Good news

Good news?? Yeah right, how are job losses good news?

This budget coming in will cause a lot of devastation, things will get a lot worse for most people.

Saila

this just in: tacky crap shops cant survive after the boom, shock horror :eek:

More to add to the list!

Unfortunately, we havehad an economy built on selling stuff to each other, while we had lots of money that's great.

Bring back manufacturing I say!

Dudess

Feck, I've a good few friends working in Arcadia group stores... :-/

Solnskaya

Deleted User wrote: »

More to add to the list!

Unfortunately, we havehad an economy built on selling stuff to each other, while we had lots of money that's great.

Bring back manufacturing I say!

bang on, but will never happen until we slash red tape and encourage our own businesses. The IDA will ensure this never happens, until we are too broke to have an IDA. Then things will start to get better. Slowly.

oppenheimer1

there are 2500 arcadia stores in the UK. BBC says that the stores to close are the ones in which the lease expires soon. The bulk of the losses will be in the UK.

Gummy Panda

To be honest, I can see why. There clothes are terrible quality, tacky and overpriced.

ballsymchugh

Saila wrote: »

this just in: tacky crap shops cant survive after the boom, shock horror :eek:

erm..
http://www.rte.ie/news/2011/0802/jobs-business.html

so now instead of 4 or 5 shops in every clone town selling the same stuff, it'll all be lumped into one out of town big shop.

df1985

pennys sell the same ****e for a fraction of the cost......pennys is always mobbed, go figure.

Poxyshamrock

Topshop in Limerick is closing after Christmas.

Acacia

Ah that's crap, both in terms of job losses and places to buy nice clothes, even if they were over-priced.

oppenheimer1

df1985 wrote: »

pennys sell the same ****e for a fraction of the cost......pennys is always mobbed, go figure.

Pennys clothes I find fall to pieces after a few washes.

XxMCRxBabyxX

oppenheimer1 wrote: »

df1985 wrote: »

pennys sell the same ****e for a fraction of the cost......pennys is always mobbed, go figure.

Pennys clothes I find fall to pieces after a few washes.

I have a pair of skinny jeans that I bought in Pennys over four years ago that I still wear regularly. I have dresses from shops like those in the Arcadia group that haven't lasted four months!

cournioni

XxMCRxBabyxX wrote: »

I have a pair of skinny jeans that I bought in Pennys over four years ago that I still wear regularly.

Ya hobo... :pac:

mdoyler2

They haven’t confirmed any closures yet, they are threatening landlords by looking for rent reductions; by saying they will have no problem closing stores if they don’t get better rate on renewal of the lease.

AnonoBoy

I honestly don't what Arcadia is and I don't want to google it.

I'm guessing it's like a Claire's Accessories or something.

gurramok

oppenheimer1 wrote: »

Pennys clothes I find fall to pieces after a few washes.

Not mine, have 'em for years!;)

Anonoboy wrote:

I honestly don't what Arcadia is and I don't want to google it

They own a range of high street shops(mostly womens but some mens too) and their prices which are aimed at the general public and not hob nobs, do be regularly extortionate. Hence some of them going bust.

thee glitz

Burtons... they're Arcdaia.

gurramok

Plaguerised from wikipedia

Current stores:

BHS - Department store, some stores carry other Arcadia brands as concessions
Burton
Dorothy Perkins
Evans
Miss Selfridge
Outfit - out-of-town stores carrying various brands, not a clothing brand in its own right
Tammy - sold within BHS and Outfit, no standalone stores
Topman
Topshop
Wallis

The likes of Penneys and Dunnes here do seriously underprice these stores with equal quality of clothing in alot of instances.

Kess73

Poxyshamrock wrote: »

Topshop in Limerick is closing after Christmas.

City centre one is closed already, and the Crescent shopping centre one is not renewing it's lease.

Nothingbetter2d

ballsymchugh wrote: »

erm..
http://www.rte.ie/news/2011/0802/jobs-business.html

so now instead of 4 or 5 shops in every clone town selling the same stuff, it'll all be lumped into one out of town big shop.

i think we already have enough junk shops.... EuroLand, EuroSaver, Etc. These new ones wont do that well here.

Orando Broom

I feel a great deal of sympathy for the people who may potentially lose thier jobs over this news but conversely I am delighted to see the demise of Next, River Island Topshop et al. The homogenisation of the high street has been detrimentall to sole traders who have seen thier business demolished by these large (mainly English) chain stores coming in and undercut and push out independent traders. I would love to see a time where the likes of Grafton Street is filled with sole traders who have pride in the fact that it is thier name over the door and customers feel appreciated by the trader.