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Posted
Actually, Batho has a good point. If Woolies and MFI had made steps to not be quite so **** and sell stuff that people wanted, they might have been able to keep playing at shops.

 

When was the last time anyone here went to either? :confused:

 

Honestly, i was in Woolworths on Friday....... i was after a lint roller but they didn't have any, so i left, empty handed, empty hearted and i'm still covered in lint!!

Posted

me and the muisses were talking about this today and came to the same conclusion that others have come to, both places no longer have anything unique to offer the shopper and there are cheeper places to go that offer better quality goods.

Posted
See? They've totally missed that lint roller niche.

 

I bet you were fresh from Fluffy's anyway, and they were feathers not lints. ;) :D

 

 

laughing my big hairy bean bag off at that.

 

:)

Posted
http://img.dailymail.co.uk/i/pix/2007/11_03/tescodirect2311_468x374.jpg

 

All of your needs unfortunately!!

 

 

More thoughts..........

 

Tesco have exhausted food and are now landlocked. Their food concept doesnt travel to Europe as they have proved with their moves into Europe.

 

Only place to go is non-food which, with their cash rich finances, means house/life/redundancy insurance, loans, cars, mortgaqes, rental properties, etc.

 

Investors dont like cash rich companies as cash doesnt generate high interest (2-4% in current market). Therefore 'loaning' money at higher rates (5-30%) is seen as a better investment.

 

Thats it for me.........for now

Posted

An old saying comes to mind with the problem we are in.

 

Never a borrower or lender be.

 

Banks/Building societies should never have lent money on property that is/was worth what someone thought what it might be worth in a few years time etc... (not sure if that made sense) especially at 2% - 3% interest rates, interest rates were 6-8% for years even higher at times.

 

Thatcher sold off all the council houses.

 

The banks made it easy to borrow money for the Buy to Let mob to make a "quick" killing, now everyone else has to pay.

 

Really narks me that i cant afford to purchase my own house, so i am stuck.

 

Surely someone should have learnt a lesson with the endowment fiasco some years back, that was all "make beleive money"--Banks to blame again. Something that was a great product, savings policy with life cover is almost impossible to get now.

 

Plus current Government to blame for the false inflation figures as house prices were taken out the indexes...

 

General interest rates are another one.

I rember 20 years ago when i got my first car (Chevette 4 door Saloon, brown in colour, God what an awful colour) the interest rate was 22%!!!!!

at least this restricted how much you could afford to borrow, also impossible to get a loan for a house more than 3 times your salary.

 

The bubble has well and truely burst this time.

 

Grrr......makes me boil sometimes.

Posted
See? They've totally missed that lint roller niche.

 

I bet you were fresh from Fluffy's anyway, and they were feathers not lints. ;) :D

 

 

laughing my big hairy bean bag off at that.

 

:)

 

Oi! I'll have you know that my pillows are far too high quality to shed feathers or lint... :mad:

 

Oh - and Windy - you'd best pop round and pick up your marigolds, you seem to have left them behind in all the excitement... :rolleyes: ;)

Posted

's alright cookie, I completely understand. A small number of people have got very rich over the last couple of decades but there's no actual things or stuff to show for it. It's like the dot-com bubble, or if you're more poetically and historically inclined, the great tulip debacle.

 

Why would somebody pay £100,000 for a single tulip? Because tomorrow there will be somebody who will pay £110,000 for it. We've done exactly the same but with everything and the cards are tumbling.

 

I quite sympathise.

 

Still, I'm OK. I've got a Zombie Plan :D

Posted

Woolies got what it deserved. It used to sell reasonable quality tools, electrics, toys and the like. For the past few years its knocked out the cheapest tat its buyers could find in China none of which was any good. You could get better quality stuff from Poundland. CD's and DVD's were expensive, and their sales and special offers were pushing trading laws to the limit. On the rare occasion I've actually wanted to buy something I've got to the til to find a queue of 20 people waiting because theres only the one retirement home escapee serving so dumped it and walked out.

 

Posted

 

 

laughing my big hairy bean bag off at that.

 

:)

 

Oi! I'll have you know that my pillows are far too high quality to shed feathers or lint... :mad:

 

Oh - and Windy - you'd best pop round and pick up your marigolds, you seem to have left them behind in all the excitement... :rolleyes: ;)

 

 

Cheers Fluff, you're a starlet. I wondered where i'd left the buggers. I think you may be right about me and drink and mammory loss. :)

 

See, i've forgotten how to spell memory now. ;) xx

Posted

Mmmm... vexing.

 

Woolworths was and always had been my hometowns by far largest shop (Not includeing supermarkets). To put it in perspective if its doors are shut the next largest shop is Boyes, a place that sells all the leftover crapstock no one else can shift.

Posted

Batho is entirely right, Woolies needed to keep with the times, or go.

 

It's a shame, but no more so than all the tiny independent shops on the highstreet that big names like Tesco have put out of business.

 

And as Batho also says, we shoulda gone into the Euro. Hindsight is a wonderful thing and I for one was totally against the idea, until this year when the Euro has gone from strength to strength and the pound has all but collapsed against the Euro AND the dollar.

 

So, Batho's right, Cookie's wrong, and Steve and Windy are irrelevant, as usual.

 

I tell you what though, am chuffed to pieces of eight at this higher rate of tax for high earners.. I bet Labour use that as their principle tool to lever themselves into another term in government. But I wonder if it'll ever come to fruition. Let's hope they also find a way to tax the utilities companies, the oil companies and the big supermarkets more too!

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