Joint receivers appointed to Xtra-Vision

blaze1 · 29-04-2013 04:41PM

Shame, would sooner give them the money for a game than gamestop tbh

mathie · 29-04-2013 04:48PM

Clandestine wrote: »

When I noticed they had replaced half the stock with greeting cards at my local store, I knew something was up.

Quite the super sleuth.

Ray Palmer · 29-04-2013 04:49PM

super_furry wrote: »

Think they missed a trick not moving more of their business to games. With HMV and GAME gone in Ireland there definitely a place in the market although maybe the fact that they’re both gone now explains why they didn’t.

It would only give them a little longer as video games are going to go to on-line media as soon as they can.

Xtra vision was bough knowing that the business model wouldn't last. They tried to diversify and are actually one of the biggest electronic retails in the country outside of Dublin. The shops are closer to a newsagent now as is.

Shame to see them go but there simply isn't a market for them anymore in many of the locations they have and they are stuck with some of those leases.

Archeron · 29-04-2013 05:13PM

Really sorry to hear this, I did still enjoy the occasional rental of films I really wanted to see. Always found all the staff in Xtra Vision to be really cool and friendly too, in all the branches I've used over the years.

Dammit, there is getting to be less and less on the high street that I would bother going into now.

anncoates · 29-04-2013 05:44PM

Fizman wrote: »

<Tumbleweed>

Moralizing posts about thanks-whoring are now deployed to harvest even more thanks than the original joke?

I can't keep up anymore.

jacksie66 · 29-04-2013 05:49PM

This post has been deleted.

dj jarvis · 29-04-2013 05:52PM

i suppose some facts are needed

they went into examiner status a year or so back, this enabled them to re negotiate rents on many of their stores downwards , they settled LOTS of debts and as far as i am aware they are virtually debt free , but the future is looking far from rosy - but as operations go , its not a bad prospect for someone to take over due to the little or no debt situation.

Its also has MANY stores that are busy and profitable so i would not right off xtravision just yet - it will be downsized , the less profitable shops will be ditched , and on it will chug

remember - not all towns and villages have broad band sufficient for netflix , or for gaming Steam - there is a market for them - small , but apparently profitable

Boom__Boom · 29-04-2013 06:15PM

dj jarvis wrote: »

they went into examiner status a year or so back, this enabled them to re negotiate rents on many of their stores downwards , they settled LOTS of debts and as far as i am aware they are virtually debt free , but the future is looking far from rosy - but as operations go , its not a bad prospect for someone to take over due to the little or no debt situation.

Its also has MANY stores that are busy and profitable so i would not right off xtravision just yet - it will be downsized , the less profitable shops will be ditched , and on it will chug

remember - not all towns and villages have broad band sufficient for netflix , or for gaming Steam - there is a market for them - small , but apparently profitable

The thing is that internet speeds are only going to go one way even in the most isolated rural areas.

Given that the business model has taken a kicking in the areas with decent broadband speeds, its very hard to see a long-term future to the operation.

Sully · 29-04-2013 06:17PM

It would be a shame to see it go. I find it a bit of a pain to download and burn a DVD to watch on TV, so popping into Xtra Vision was always handy for a DVD. The problem is the late fees were off putting (for me) and the lack of 'value' (though improving) in renting DVDs in terms of deals.

Bipolar Joe · 29-04-2013 06:18PM

I realised last week, there's nowhere in Limerick City to buy a decent new DVD. I still prefer a hard copy to downloaded or streamed stuff, and it was a weird realisation. Kind of sucks. A friend who works in Xtravision will probably be losing his job. I do buy a lot from Amazon, because most of the crap I watch can't be bought in a store over here since most of the World Film sections disappeared and barely anyone watches schlock.

I hope Xtravision doesn't go altogether, and another store pops up. It's nice just browsing and finding a gem you never knew you wanted to see until then.

Clandestine · 29-04-2013 06:19PM

Sully wrote: »

It would be a shame to see it go. I find it a bit of a pain to download and burn a DVD to watch on TV,

You should get netflix (unless your internet connection is poor)

cson · 29-04-2013 06:21PM

There was always a bit of a ritual going to get a video/dvd as a young lad. Twas a fairly big thing in our house at a weekend getting a couple of rentals and a takeaway. Fond memories.

I'll be sad to see it go, but that's life I guess.

phasers · 29-04-2013 06:22PM

My local Xtra Vision is always full in the evenings, I went to use their printer once and was completely shocked. People were mostly renting and buying sweets.

It was something like €4 to rent a film for one night :eek:

meep · 29-04-2013 06:28PM

phasers wrote: »

People were mostly renting and buying sweets.

I wonder what system they used to keep the rental sweets sanitized? Some of those DVDs could get very worn after multiple uses and I don't think sweets would be all that durable.

phasers · 29-04-2013 06:30PM

meep wrote: »

I wonder what system they used to keep the rental sweets sanitized? Some of those DVDs could get very worn after multiple uses and I don't think sweets would be all that durable.

I think they have the same kind of thing barbers put their combs into

DebDynamite · 29-04-2013 06:46PM

Archeron wrote: »

Always found all the staff in Xtra Vision to be really cool and friendly too, in all the branches I've used over the years.

Aw, I used to work in Xtra-Vision when I was in college. I'll take your compliment

Ilyana 2.0 · 29-04-2013 07:52PM

I'm hoping that the receiver can negotiate a sale for Xtravision and that most of their employees aren't left jobless. I'd imagine that the company needs a lot of reshaping and that there's a lot of work to be done with it, but it's not written off yet.

The Barefoot Pizza Thief · 29-04-2013 08:06PM

As if the employees of Xtra-vision have not got enough problems.

This country has gone to the dogs.

Sure how the fcuk can some dope smokers do it any good??

scudzilla · 29-04-2013 08:07PM

Thank fcuk for that

I've been going into Extravision for the past 6 months and hiring out 2 top movies and 2 top PS3 games every 3 nights.

I've been waiting for the day they go bust so i can keep them and have a couple of free movies and games

:D:D

Twoandahalfmen · 29-04-2013 08:35PM

http://www.rte.ie/news/business/2013/0429/387458-xtra-vision-receiver/

Now I Know it wasn't as big as hmv but its still another blow to us consumers who buy games who's left GameStop? There will be serious gap in the market if they close GameStop can charge what they want with know competitors .

minidazzler · 29-04-2013 08:45PM

Twoandahalfmen wrote: »

http://www.rte.ie/news/business/2013/0429/387458-xtra-vision-receiver/

Now I Know it wasn't as big as hmv but its still another blow to us consumers who buy games who's left GameStop? There will be serious gap in the market if they close GameStop can charge what they want with know competitors .

Don't worry about that, GameStop are fcuked too come November with the new Consoles.

keith16 · 29-04-2013 08:49PM

You can buy games on the internet OP. You're welcome.

Jack Lumber · 29-04-2013 08:51PM

I'm surprised they lasted until now tbh.

Twoandahalfmen · 29-04-2013 08:51PM

keith16 wrote: »

You can buy games on the internet OP. You're welcome.

Yea but if like to not wait 5 working days to play it. With a shop you have within an hour

LizT · 29-04-2013 09:02PM

Threads merged. Please do a search before starting a thread.

NuckingFacker · 29-04-2013 09:06PM

Is this not like the 21st time they've gone bust? Or am I mixing them up with Blockbusters?

EoghanIRL · 29-04-2013 09:07PM

With services like Netflix and pirate sites it was just inevitable .

EoghanIRL · 29-04-2013 09:08PM

NuckingFacker wrote: »

Is this not like the 21st time they've gone bust? Or am I mixing them up with Blockbusters?

Mixing it up with block busters .

Twoandahalfmen · 29-04-2013 09:11PM

LizT wrote: »

Threads merged. Please do a search before starting a thread.

I did search couldn't find one!!!

orestes · 29-04-2013 09:18PM

Virgin - gone.
HMV - gone.
Game - gone.
Chartbusters - gone.
XtraVision - gone.

To hell with the cds, dvds, games and whatevers, where are all the cute rocker girls gonna work?!

Joint receivers appointed to Xtra-Vision

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