OzMike
Well-known member
It’s going to be a McLaren garage isn’t it? Not necessarily something that many of us can afford or even attain to afford.
Big box? Is that in the solutions inc site?
Except the Tesla car owner club.on here.
It’s going to be a McLaren garage isn’t it? Not necessarily something that many of us can afford or even attain to afford.
Big box? Is that in the solutions inc site?
It continues to be a concern that the demise of the high street will bring down property prices and devastate pension funds. If the funds can’t afford to pay pensions out then it will be serious stuff.
The number of big stores that have been there all my life and have now gone to the wall is unbelievable. Kids today won’t have a high street. At best it will be a trip to places like Bluewater (if that can succeed) in order to see and feel what they are buying.
Internet purchasing has already led to lower wages, as if shop workers aren’t on low enough already.
A bit of a bleak outlook really.
Do not follow. Every one of our funds I look after has generated positive return in 2020 for investors (all pension funds).
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I am suggesting a complete departure from basic economic principles (remember that those principles are not very old). Yes, the internet created a lot of jobs because there was a lot of development to do manually and that computers still couldnt do. This is changing very, very rapidly. Machine Learning and Deep Learning are going to replace the majority of all the jobs where you need a brain and knowledge, the dominant attributes for most works in a service society.
I see all the vultures on twitter complaining the site is/was down so they are unable to grab the bargains. I think they forget the 1000's of jobs being lost. These are probably the people that have never shopped there before and helped lead to its downfall.
Our Debenhams in Eastbourne closed about a year ago which has left a huge empty property.I thought that this morning when I read about the outrage that the website was crashing. We used to shop there in fact the mrs got a rather fetching jacket there recently.
Churchill square seems to be largely built around the Debenhams with the whole center leading to the 3 floors at the end.
God knows how they will fill it. It will cost a huge amount to break down into smaller units and then who is going to fill it anyway? already many shops empty around the town.
As these big stores disappear the majority have themselves to blame. There was a mad rush to open shopping malls, leaving many a town centre bereft of the major stores, and those left allowed to stagnate. The convenience of out of town supermarkets, shopping malls and retail parks has left most town centres to coffee shops, charity shops and Weatherspoons. As time went on more and more people have started to shop online and now I hardly know anyone who goes into town to shop but more often to wonder about and perhaps drop in for a beer or two. The days of serious town centre shopping have have been confined to history.
Our Debenhams in Eastbourne closed about a year ago which has left a huge empty property.
I think you can accurately predict that 50% of the jobs today won't exist in 10 years.
They'll be replaced by other jobs though. Mostly ones which don't exist yet.
Or the other view is that brexit will screw us and capitalism was on it's way to China anyway, so prepare for generations of decline.
I can't work out which I think is more likely
Makes you wonder who is next, Currys PC World ? They always seem to be having a fire sale and have the most clueless staff and Amazon must be making a big dent in their computer and whitegoods business
Currys have a strong online offering, and out of town shops sort of work like a glorified demo showroom. people like to see the goods, size and measure up. and buy on HP of course, which might be better in person than online.
And without meaning to sound like Stat Brother too much this is all tied up in car culture. Where most people live they need a car to get around or go to the shops. If the option of walking/safe cycling/getting cheap and convenient public transport was there then local high streets become much more visited destinations.
TJ Hughes almost opposite went also, which was another large store on three floors.