High street shopping is dead.
High street shopping is dead.
How the fuck are Blockbusters still going!?
Because they have old-as-the-hills agreements with movie studios and don't have to get fully assraped on the digital distribution rights. They don't have a 100x share price multiple to prop up and they don't have a monopoly to operate from and so have to offer competitive prices and services.Xtravision, the Irish Blockbuster equivalent, now seems determined to keep me loyal through sugar. I went in the other week (because I wanted to rent a few BDs to rip) and with three Blu-Rays I got a box of popcorn, a tub of Haagen-Dazs and 1.5 liter bottle of 7UP as part of the deal, for less than the price of the equivalent rental on Sky or iTunes. I have no fucking idea how they make that kind of deal work.
How the fuck are Blockbusters still going!?
I got a £450 washer dryer for £300. I'm not complaining.Surprised no one's mentioned Comet, or have I missed it? Bloody Opcapita strikes again!!
Yeah - the commercial property investors are going to lose bigtime - realistically there needs to be a massive drop in rents and business rates if anything is to survive long term.
Cheltenham HMV is always rammed, quite a big store too.
I imagine the margins are ok, it's just that so much of their revenues have walked off to amazon, play, etc that they're now left with a vast, highly leveraged debt funded company with vast liabilities on all its leases with no way to ever make as much money as they used to again. There's a certain class of person who goes to the shops to buy their CDs who will continue to do so, but they are a dwindling population.Doesn't matter if they're making no margin.
I imagine the margins are ok, it's just that so much of their revenues have walked off to amazon, play, etc that they're now left with a vast, highly leveraged debt funded company with vast liabilities on all its leases with no way to ever make as much money as they used to again. There's a certain class of person who goes to the shops to buy their CDs who will continue to do so, but they are a dwindling population.
Nate said:I wonder if Supermarkets will change in 10 years to more online.
I wonder if Supermarkets will change in 10 years to more online.
Raven said:Sainsburys are into online in a very big way but they are also expanding normal stores too.