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Fair play Easons.

  • 20-06-2011 01:37PM
    #1
    Closed Accounts Posts: 8,702 ✭✭✭


    The company has put its property assets in the UK and its interests in South Africa up for sale as it withdraws from what it considers to be “non-core” activities and focuses its efforts exclusively on the island of Ireland.

    The proceeds should be material to the company and will be used to help fund its planned €20 million investment in the Irish business over the next three years.

    Selling it's UK assets to support it's stores and jobs over here. Fairplay. It seems they're determined to use their investments to support Irish jobs into the near future.


«13

Comments

  • Moderators, Category Moderators, Music Moderators, Politics Moderators, Society & Culture Moderators Posts: 22,424 CMod ✭✭✭✭Dravokivich


    Might help if people had to buy the books instead of reading'em for free.


  • Registered Users, Registered Users 2 Posts: 784 ✭✭✭thecornflake


    squod wrote: »
    Selling it's UK assets to support it's stores and jobs over here. Fairplay. It seems they're determined to use their investments to support Irish jobs into the near future.

    That could just be a cover story.


  • Registered Users, Registered Users 2 Posts: 9,248 ✭✭✭Plug


    The English, a great bunch of lads....


  • Registered Users, Registered Users 2 Posts: 226 ✭✭alexjk


    It's not like they're doing it to be nice. They probably realise that it would take far too much effort and money to get a decent share in the British market when they could just dominate the Irish one.


  • Registered Users, Registered Users 2 Posts: 15,646 ✭✭✭✭Vicxas


    While I applaud the idea, there has to be something they're up to...


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  • Closed Accounts Posts: 8,015 ✭✭✭CreepingDeath


    I doubt it's for charitable reasons, I'd say they can overcharge the Irish more and get away with it, while abroad they have more competition.


  • Closed Accounts Posts: 2,007 ✭✭✭Phill Ewinn


    Go on Easons, giz a job. Go on. I can do that!


  • Closed Accounts Posts: 3,575 ✭✭✭NTMK


    squod wrote: »
    Selling it's UK assets to support it's stores and jobs over here. Fairplay. It seems they're determined to use their investments to support Irish jobs into the near future.

    I bet you wont be saying that when english stores start pulling out of ireland


  • Closed Accounts Posts: 13,549 ✭✭✭✭Judgement Day


    Easons - the company that took out Fred Hanna. :D


  • Registered Users, Registered Users 2 Posts: 25,775 ✭✭✭✭kfallon


    squod wrote: »
    Selling it's UK assets to support it's stores and jobs over here. Fairplay. It seems they're determined to use their investments to support Irish jobs into the near future.

    Afternoon Mr Eason :p


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  • Registered Users, Registered Users 2 Posts: 3,086 ✭✭✭Nijmegen


    Any news of an investment in Ireland is good news.


  • Registered Users, Registered Users 2 Posts: 5,933 ✭✭✭hinault


    I make it my business to buy my books in Irish owned shops.

    Easons get most of my business but so did companies like Hughes & Hughes and several others.


  • Closed Accounts Posts: 3,018 ✭✭✭Badgermonkey


    squod wrote: »
    Selling it's UK assets to support it's stores and jobs over here. Fairplay. It seems they're determined to use their investments to support Irish jobs into the near future.

    Or they overextended themselves entering into competition for dwindling market share in a territory well served by well established brands with greater resources.


  • Registered Users, Registered Users 2 Posts: 821 ✭✭✭temply


    squod wrote: »
    Selling it's UK assets to support it's stores and jobs over here. Fairplay. It seems they're determined to use their investments to support Irish jobs into the near future.


    And rip off the irish punter!

    Stopped shopping in there years ago - they charge ridiculous prices.

    Book Depositry all the way - Easons can jog on.


  • Registered Users, Registered Users 2 Posts: 1,900 ✭✭✭General General


    temply wrote: »
    And rip off the irish punter!

    Stopped shopping in there years ago - they charge ridiculous prices.

    Book Depositry all the way - Easons can jog on.

    Loike, out in Santry, mon?


  • Registered Users, Registered Users 2 Posts: 821 ✭✭✭temply


    Loike, out in Santry, mon?


    http://www.bookdepository.co.uk/

    Free delivery n all


  • Registered Users, Registered Users 2 Posts: 6,366 ✭✭✭bonzodog2


    temply wrote: »

    Are they near the grassy knoll ?


  • Registered Users, Registered Users 2 Posts: 38,227 ✭✭✭✭Guy:Incognito


    NTMK wrote: »
    I bet you wont be saying that when english stores start pulling out of ireland

    Not everyone is a simple minded rabbler.

    Criticising British companies for closing Irish branches to keep British ones afloat would be stupid.


  • Closed Accounts Posts: 8,702 ✭✭✭squod


    I doubt it's for charitable reasons, I'd say they can overcharge the Irish more and get away with it, while abroad they have more competition.

    Shure isn't that what they all do? Anyways, its good news if they're keeping jobs here.
    Nijmegen wrote: »
    Any news of an investment in Ireland is good news.

    +1


  • Moderators, Education Moderators Posts: 5,028 Mod ✭✭✭✭G_R


    Be positive people. Stop trying to find fault with everything.

    This is good news, an investment of €20m can't do the Irish Economy any harm, only good.


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  • Registered Users, Registered Users 2 Posts: 6,919 ✭✭✭Einhard


    squod wrote: »
    Selling it's UK assets to support it's stores and jobs over here. Fairplay. It seems they're determined to use their investments to support Irish jobs into the near future.

    I imagine that their primary motivation is protecting their bottom line by raising funds in order to boost the productivity of their more profitable Irish operations. Nothing really to do with altruism and patriotic fervour.


  • Closed Accounts Posts: 1,759 ✭✭✭Dr.Silly


    squod wrote: »
    Selling it's UK assets to support it's stores and jobs over here. Fairplay. It seems they're determined to use their investments to support Irish jobs into the near future.


    Tell me you're not that gulibable to think they're actually doing this to support Ireland :rolleyes:


  • Registered Users, Registered Users 2 Posts: 520 ✭✭✭dpe


    temply wrote: »
    And rip off the irish punter!

    Stopped shopping in there years ago - they charge ridiculous prices.

    Book Depositry all the way - Easons can jog on.

    Mate of mine is the MD of The Book Depository. Top bloke.

    Physical bookstores are doomed (unfortunately) along with music and game stores. The only place you'll be able to buy a physical book, game, DVD or CD five years from now will be online, the supermarket and the odd small independent. Which will be a shame as I enjoy browsing in the likes of H&F, but piracy and crap margins mean its just a matter of time now, so Easons are just putting a bit of a positive Irish PR spin on what's actually inevitable retrenchment (for exactly the same reason Waterstones quit Ireland a few months ago).


  • Closed Accounts Posts: 11,217 ✭✭✭✭m5ex9oqjawdg2i


    Seriously? Fair play? Don't think for one second that any for profit organisation will ever make a decision based on you. To think that Easons is doing us some sort of favour is a load of balls. It's quite naive. They look at figures and decide where they will make their most profit or which area has the least amount of risk. They chose Ireland because they will make more money from that market...


  • Closed Accounts Posts: 8,702 ✭✭✭squod


    Dr.Silly wrote: »
    Tell me you're not that gulibable to think they're actually doing this to support Ireland :rolleyes:

    I don't care why they're doing it! I've seen people close their doors and protect their profits while they ride out the recession in southern Spain. maybe they have their own selfish reasons but at least they're trying.


  • Closed Accounts Posts: 11,217 ✭✭✭✭m5ex9oqjawdg2i


    squod wrote: »
    I don't care why they're doing it! I've seen people close their doors and protect their profits while they ride out the recession in southern Spain. maybe they have their own selfish reasons but at least they're trying.

    What a naive post...

    You think Easons would take a hit for the people of Ireland? Like fcuk they would. They'd shít all over you just to save a few euro.


  • Closed Accounts Posts: 8,702 ✭✭✭squod


    What a naive post...

    You think Easons would take a hit for the people of Ireland? Like fcuk they would. They'd shít all over you just to save a few euro.

    Easons up here is mostly empty, most of the time. What would you prefer. More people on the scratcher for AH to moan about? Ayaan Thoughtless Stenographer if I ever become as sour as you I will instruct my OH to shoot me.


  • Closed Accounts Posts: 20,009 ✭✭✭✭Run_to_da_hills


    Might help if people had to buy the books instead of reading'em for free.
    There use to be an elderly woman that worked in the Dunlaoghaire branch that would walk up and down the magazine and book stands telling people not to be reading their magazines / books.


  • Registered Users, Registered Users 2 Posts: 24,369 ✭✭✭✭ejmaztec


    Don't Easons, along with News Brothers, control the prices of imported books, magazines and newspapers, so that we have to part with big bucks for the privilege of buying any of them here?


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  • Registered Users, Registered Users 2 Posts: 5,534 ✭✭✭Dman001


    They aren't doing this out of their loyalty of Ireland, they are doing it solely because it makes financial sense. Books are slowly dying, being replaced by eBooks but eBook Readers haven't fully taken off in Ireland. Easons should focus on eBook sales, or they'll soon find themselves in the same shoes as Xtravision.


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