Republic the latest chain to call in administrators

[TJC1 10]

No, she didn't do either of those things, retail is in rude health, and the consumers POV on Republic is outlined in detail in earlier posts.

 

Next.

 

Retails dying. Why do you think the government commissioned Mary Portas to develop high streets. Wasn't for a jolly up. Give it 10 years all we will be left with is costa coffees, restaurants and hairdressers e.g. stuff you can't get online.

[Tony 10]

As I said earlier in the thread, retail is in rude health, with year on year growth. You meant to say that High Street retail is dying.

 

You either move with the times or get left behind.

[TJC1 10]

As I said earlier in the thread, retail is in rude health, with year on year growth. You meant to say that High Street retail is dying.

 

You either move with the times or get left behind.

 

You meant to say online retail or e-commerce. Retail is dying.

[Tony 10]

No, I meant what I said. Retail is in rude health, and we all understand that sub-sectors have different issues.

 

Just stop digging your hole.

[TJC1 10]

No, I meant what I said. Retail is in rude health, and we all understand that sub-sectors have different issues.

 

Just stop digging your hole.

 

I guess the centre for retail research has got it wrong then http://www.retailresearch.org/retailforecast.php

 

some highlights:

 

"Fifty-four significant retailers went into administration last year (2012), including Peacocks, Comet, Clintons and JJB Sports, affecting 3,951 stores and 48,000 employees and by 17th of January 2013, another four retail failures were responsible for 991 stores closing and 10,700 redundancies."

 

" Our forecast for 2013 is for retail growth of only 0.3% in real terms -The figure includes online sales. "

 

"Total sales in UK shops and stores will fall again in 2013 for the fourth year in succession, this time by -1.9%."

 

"However sales on the high street through physical retail stores will continue to decline, because online retailers will gobble up all the retail growth available."

Edited February 14, 2013 by TJC1
....

[Manlinose 10]

growth of 0.3% in real terms in the middle of a recession is not bad - although i accept it is only a forecast

[TJC1 10]

Interesting... can you show me the difference?

 

Between retail and online? try these:

 

http://www.managementtoday.co.uk/news/1162703/

 

http://www.dailymail.co.uk/news/article-2245412/Microsoft-avoids-paying-159MILLION-corporation-tax-EVERY-YEAR-using-Luxembourg-tax-loophole.html

 

Just two of hundreds of examples of tax / vat loopholes on digital sales.

[truman 10]

Between retail and online? try these:

 

http://www.managementtoday.co.uk/news/1162703/

 

http://www.dailymail.co.uk/news/article-2245412/Microsoft-avoids-paying-159MILLION-corporation-tax-EVERY-YEAR-using-Luxembourg-tax-loophole.html

 

Just two of hundreds of examples of tax / vat loopholes on digital sales.

 

 

Can you show examples of ASOS behaving in the ways you have linked to? From here http://asos.annualreport2012.com/our-financials/notes-to-the-financial-statements/8)-income-tax-expense it looks like they've paid about 25% tax on profits in the UK..or am I reading it wrong?

Edited February 14, 2013 by truman

[TJC1 10]

growth of 0.3% in real terms in the middle of a recession is not bad - although i accept it is only a forecast

 

Were only just at the beginning of the curve of massive cuts planned up to 2018, this looks like a boom year compared to what's going to happen.

[Tony 10]

I guess the centre for retail research has got it wrong then

 

No. You just don't understand what you are reading. Either that, or you're trolling.

 

Whichever it is, it isn't worth my time to engage with you.

[TJC1 10]

Can you show examples of ASOS behaving in the ways you have linked to? From here http://asos.annualreport2012.com/our-financials/notes-to-the-financial-statements/8)-income-tax-expense it looks like they've paid about 25% tax on profits in the UK..or am I reading it wrong?

 

The legislative differences between physical retail and online retail are obvious. Google it.

[Manlinose 10]

Were only just at the beginning of the curve of massive cuts planned up to 2018, this looks like a boom year compared to what's going to happen.

 

you may be right, and we may look back on 2012/13 as a golden age, but i prefer to be optimistic

 

economic cycles being what they are, there will always be booms and busts - some are steep and deep, some are gentle and shallow, but there will always be growth after a recession and there will always be a recession/correction after growth - the only thing we don't know is the timing

 

economic growth will come at some point in the not too distant future - it may be in spite of Government policy rather than because of it (although that won't stop the Government claiming the credit, because that is what Government's do), and it may only be gradual, but it will come