THOMAS COOK STORES SAVED

Discussion in 'The Snug' started by thewelshwizard1, Oct 9, 2019.

Help Support The Homebrew Forum UK by donating:

  1. Oct 9, 2019 #1

    thewelshwizard1

    thewelshwizard1

    thewelshwizard1

    Member Supporting Member

    Joined:
    Feb 27, 2014
    Messages:
    234
    Likes Received:
    37
    Location:
    Tyneside
    BBC Newcatle have stated that the above have been bought by Hayes Travel so all of they're UK stores have been bought by them hand jobs have been saved which is good news.
     
    Grizzly Notations likes this.
  2. Oct 9, 2019 #2

    Hengoedbrewer

    Hengoedbrewer

    Hengoedbrewer

    Well-Known Member

    Joined:
    May 20, 2015
    Messages:
    143
    Likes Received:
    19
    Location:
    Caerphilly, Wales
    hehehe
     
    LeeH and jceg316 like this.
  3. Oct 9, 2019 #3

    Chippy_Tea

    Chippy_Tea

    Chippy_Tea

    Administrator. Administrator

    Joined:
    Mar 17, 2013
    Messages:
    25,777
    Likes Received:
    5,537
    Location:
    South Cumbria.
    Good news and brilliant typo clapa
     
    Rodcx500z likes this.
  4. Oct 9, 2019 #4

    thewelshwizard1

    thewelshwizard1

    thewelshwizard1

    Member Supporting Member

    Joined:
    Feb 27, 2014
    Messages:
    234
    Likes Received:
    37
    Location:
    Tyneside
    Bloody phone and predicted text ashock1asad.
     
    Grizzly Notations and Chippy_Tea like this.
  5. Oct 9, 2019 #5

    Chippy_Tea

    Chippy_Tea

    Chippy_Tea

    Administrator. Administrator

    Joined:
    Mar 17, 2013
    Messages:
    25,777
    Likes Received:
    5,537
    Location:
    South Cumbria.
  6. Oct 9, 2019 #6

    Brew_DD2

    Brew_DD2

    Brew_DD2

    Mint Choc Chipster

    Joined:
    May 20, 2015
    Messages:
    982
    Likes Received:
    400
    Location:
    Dundee
    No idea why given it was the stores that were hugely loss-making and the airline that was profitable.
     
  7. Oct 9, 2019 #7

    Chippy_Tea

    Chippy_Tea

    Chippy_Tea

    Administrator. Administrator

    Joined:
    Mar 17, 2013
    Messages:
    25,777
    Likes Received:
    5,537
    Location:
    South Cumbria.
    I guess they have a plan nd they have done well so far.


    What is Hays' plan? https://www.bbc.co.uk/news/business-49985369

    Ian Bell, head of travel and tourism at accountancy firm RSM, said it was a "shrewd move" for Hays, but would also represent a quadrupling of its travel agency stores at a time when customers are increasingly booking holidays online.

    "Much may depend on the deals that Hays can strike with its new High Street landlords," said Mr Bell.

    As Hays bought the stores from the administrators, it means it will have bought them at a lower price than if Thomas Cook was still trading.

    Julie Palmer, partner at Begbies Traynor, said that in waiting, Hays had got a "best price" for the stores.

    However, she questioned the logic for the transaction at a time when customers are turning away from High Street travel agents.

    "You have to wonder what Hays' plan is and how they can make it a success.

    "Has the travel firm been gung-ho in trying to secure a cheap deal without assessing the viability of taking on these stores?," she asked.

    https://www.bbc.co.uk/news/business-49985369
     
  8. Oct 9, 2019 #8

    the baron

    the baron

    the baron

    Landlord.

    Joined:
    Oct 13, 2013
    Messages:
    1,155
    Likes Received:
    372
    Location:
    castleford
    I fear it is a reprieve rather than a save of all the stores as it is online business that has caused most of the viability problems with actual high street stores and I think good hearted as the takeover by a family based firm they will have to cull many shops and asset strip any shops that are owned if any. The proof of the pudding will be how it stands in 12 months time. I sincerely hope they make it work and keep as many as possible employees on but the cold world of business will have to come into play and it can be so cruel as people just become a bottom line figure
     
    Brew_DD2 likes this.
  9. Oct 10, 2019 #9

    Dexter101

    Dexter101

    Dexter101

    Regular. Supporting Member

    Joined:
    Aug 24, 2017
    Messages:
    384
    Likes Received:
    135
    Location:
    NULL
    Good marketing move from a firm most people probably haven't heard of. get some new stores, potentially at lower rates in key positions, have trained and knowledgeable staff ready to go straight away and look like they are saving jobs. In all likelihood, most stores will probably close down over time as its a dead format.

    When the news came out about it closing down, most of my team at work were disappointed they wouldn't be able to go in anymore.... to take the brochures, before booking with another company online.

    Business is too slow to adapt.
     
  10. Oct 10, 2019 #10

    LeeH

    LeeH

    LeeH

    Landlord.

    Joined:
    Sep 18, 2013
    Messages:
    710
    Likes Received:
    183
    Thats my kind of store.
     
  11. Oct 10, 2019 #11

    Gerryjo

    Gerryjo

    Gerryjo

    Landlord. Supporting Member

    Joined:
    Sep 7, 2016
    Messages:
    3,429
    Likes Received:
    1,090
    Location:
    Derry,Northern Ireland
    Come on your hands were doing another great job.....
     
  12. Oct 10, 2019 #12

    Chippy_Tea

    Chippy_Tea

    Chippy_Tea

    Administrator. Administrator

    Joined:
    Mar 17, 2013
    Messages:
    25,777
    Likes Received:
    5,537
    Location:
    South Cumbria.
    Just when you thought this thread couldn't get better. :laugh8:
     

Share This Page