Who’s next as Greenwoods Menswear joins the high street casualties?

Discussion in 'The Snug' started by Chippy_Tea, Jan 2, 2019.

Help Support The Homebrew Forum UK by donating:

  1. Jan 2, 2019 #1

    Chippy_Tea

    Chippy_Tea

    Chippy_Tea

    Administrator. Administrator

    Joined:
    Mar 17, 2013
    Messages:
    24,952
    Likes Received:
    5,261
    Location:
    South Cumbria.
    They once had 200 stores they now have 40 and it looks like they will soon be closed for good.



    A 158-year-old northern retailer describing itself as “the quintessential English gentleman’s outfitter” has become the latest victim of the malaise hitting the high street.

    Greenwoods Menswear, which was rescued from administration less than 18 months ago, has gone into liquidation and its chain of stores from Doncaster to Rochdale have closed their doors, with the loss of more than 100 jobs.

    All eyes will turn tomorrow to Next, which will provide an insight into trading in the crucial Christmas period in a fourth-quarter update. Analysts at Jefferies expect the fashion retailer to announce a 12.7 per cent fall in store sales, partially offset by a 10 per cent rise in online sales.


    https://www.thetimes.co.uk/article/...ar-joins-the-high-street-casualties-wrktj6dzn
     
  2. Jan 2, 2019 #2

    Bigcol49

    Bigcol49

    Bigcol49

    Landlord. Supporting Member

    Joined:
    Dec 26, 2015
    Messages:
    3,684
    Likes Received:
    2,068
    Location:
    Doncaster
    Oh no!
    Where will I get my Grenadiers now?
     
  3. Jan 2, 2019 #3

    Chippy_Tea

    Chippy_Tea

    Chippy_Tea

    Administrator. Administrator

    Joined:
    Mar 17, 2013
    Messages:
    24,952
    Likes Received:
    5,261
    Location:
    South Cumbria.


    Definitely not here -

    [​IMG]

    [​IMG]
     
    Bigcol49 likes this.
  4. Jan 2, 2019 #4

    MickDundee

    MickDundee

    MickDundee

    Landlord.

    Joined:
    Jan 27, 2016
    Messages:
    2,584
    Likes Received:
    1,103
    Never heard of them
     
    Cwrw666 likes this.
  5. Jan 2, 2019 #5

    terrym

    terrym

    terrym

    Member

    Joined:
    Apr 12, 2015
    Messages:
    4,607
    Likes Received:
    2,299
    Location:
    North Sussex
    Nor me
     
  6. Jan 2, 2019 #6

    Chippy_Tea

    Chippy_Tea

    Chippy_Tea

    Administrator. Administrator

    Joined:
    Mar 17, 2013
    Messages:
    24,952
    Likes Received:
    5,261
    Location:
    South Cumbria.
    They were a Northern retailer a bit like Booths supermarkets, I thought I would post the pictures as many members will not have heard of them.
     
  7. Jan 2, 2019 #7

    Pavros

    Pavros

    Pavros

    Landlord.

    Joined:
    Feb 24, 2017
    Messages:
    625
    Likes Received:
    247
    Location:
    North Yorkshire
    I always looked at them as an 'old man's fashion' shop and sadly, they failed to move with the times or move to niche/designer product many years ago. Sad to see but has been on the cards for years, I think.

    (They were actually very reasonable for DJ hire if you had a function to go to but didn't go to so many that it was worth buying one)
     
  8. Jan 2, 2019 #8

    Clint

    Clint

    Clint

    Hammered.....

    Joined:
    Jun 29, 2016
    Messages:
    6,439
    Likes Received:
    2,925
    Location:
    North Wales
    If they'd have ditched all that pensioner clobber and stocked up on skinny jeans,tweed jackets,cravats and flip flops they'd be booming....
    Quintessential gentlemen's outfitters...my a**e!
     
  9. Jan 2, 2019 #9

    jjsh

    jjsh

    jjsh

    Senior Member

    Joined:
    Jan 4, 2011
    Messages:
    1,481
    Likes Received:
    569
    Location:
    East Lindsey, Lincolnshire
    Aye, can't say this surprises me, their offering was always pretty pants; very 'old man' and dated ~ very middle of the road quality wise. As is often the case, the middle drops out of the market, so you end up with suits direct at one end, and uber expensive designer clobber at the other, and nowt in between.
     
  10. Jan 2, 2019 #10

    terrym

    terrym

    terrym

    Member

    Joined:
    Apr 12, 2015
    Messages:
    4,607
    Likes Received:
    2,299
    Location:
    North Sussex
    Sadly no place for nostalgia about these businesses. If you can't compete and/or change with the times you fail or are bought and asset stripped. And there's nothing is new about this. Some on here will remember Burtons, John Collier ( the window to watch) and even the 50 Shilling Tailor. All gone, for better or worse.
     
  11. Jan 2, 2019 #11

    Chippy_Tea

    Chippy_Tea

    Chippy_Tea

    Administrator. Administrator

    Joined:
    Mar 17, 2013
    Messages:
    24,952
    Likes Received:
    5,261
    Location:
    South Cumbria.
    It makes me wonder (worry) what our town centres will look like in 10 years time, our small market town has lost many small shops and pubs to be replaced with coffee chains, hairdressers, and wine bars I think it's a downward spiral from here.
     
    Bigcol49 likes this.
  12. Jan 2, 2019 #12

    MyQul

    MyQul

    MyQul

    Chairman of the Bored Moderator

    Joined:
    Aug 7, 2013
    Messages:
    14,737
    Likes Received:
    5,433
    Location:
    Royal Hamlet of Peckham. London.
    Evans cycles went into receivership too, not so long ago and Mike Ashley (of sports direct 'fame') bought it
     
  13. Jan 3, 2019 #13

    Chippy_Tea

    Chippy_Tea

    Chippy_Tea

    Administrator. Administrator

    Joined:
    Mar 17, 2013
    Messages:
    24,952
    Likes Received:
    5,261
    Location:
    South Cumbria.
  14. Jan 3, 2019 #14

    Bigcol49

    Bigcol49

    Bigcol49

    Landlord. Supporting Member

    Joined:
    Dec 26, 2015
    Messages:
    3,684
    Likes Received:
    2,068
    Location:
    Doncaster
    Hi!
    Town centres are already excessively homogenised - go to any unfamiliar town and you have the same shops as you have in your local town, so what's the point in going somewhere different?
     
  15. Jan 3, 2019 #15

    Gunge

    Gunge

    Gunge

    Landlord. Supporting Member

    Joined:
    Nov 5, 2016
    Messages:
    2,996
    Likes Received:
    1,678
    Location:
    NULL
    If they follow our town's lead, they'll be populated by spaced-out zombies throwing up all over (from the Spice or from the McDonalds,who can tell?), waiting for the benefits place or Wetherspoons to let them in.
     
  16. Jan 3, 2019 #16

    Cwrw666

    Cwrw666

    Cwrw666

    Landlord.

    Joined:
    Aug 22, 2014
    Messages:
    2,084
    Likes Received:
    965
    Location:
    North Pembs.
    High streets are dieing because the world has changed and they're a bunch of dinosaurs. Eventually the dust will settle and they'll revert to living spaces rather than the dead retail places they currently are. ie. houses and flats and the coffee bars and pubs needed to serve them. Odd little shops like corner newsagents etc.
    Fact is if you want something specific none of the shops have exactly what you want, but online does. I rarely go into town these days - I have money to spend but they never have what I want.
     
  17. Jan 3, 2019 #17

    Clint

    Clint

    Clint

    Hammered.....

    Joined:
    Jun 29, 2016
    Messages:
    6,439
    Likes Received:
    2,925
    Location:
    North Wales
    The killer is the cost of actually running the business.... rates,wages,pensions....
     
  18. Jan 3, 2019 #18

    terrym

    terrym

    terrym

    Member

    Joined:
    Apr 12, 2015
    Messages:
    4,607
    Likes Received:
    2,299
    Location:
    North Sussex
    Unless they are selling stuff that isn't available on-line (and there can't be much of that) any high street shop usually has a massive overhead, rent, staff to pay, council tax, head office costs etc etc which they have to recover and that's what makes them expensive, plus their overhead will be even higher if they try to stock 'all of the sizes in all of the colours'. Internet based companies don't have such a high overhead. As an example go round any high street store on a typical Monday morning and the customers will be few and far between, but the staff are still there and have to be paid. That scenario won't be happening in an Amazon warehouse I'll bet, the staff will be earning their wage.
    Some shops have adapted to internet selling, those that don't, won't or can't will eventually struggle if they aren't already. But that doesn't help the local shop. Typically my local M&S is a medium sized store and the range they carry is very limited, so if I want anything from M&S I buy online and take it back to the store if it isn't suitable, and that's the only time I go in the store. And I'll bet there are many more like me.
     
  19. Jan 3, 2019 #19

    MyQul

    MyQul

    MyQul

    Chairman of the Bored Moderator

    Joined:
    Aug 7, 2013
    Messages:
    14,737
    Likes Received:
    5,433
    Location:
    Royal Hamlet of Peckham. London.
    I saw something on BBC news over Xmas and the bloke talking said it was 'business rates' that was doing it. I have no idea what these are btw, never having run a shop or investigated anything about it
     
  20. Jan 3, 2019 #20

    BeerCat

    BeerCat

    BeerCat

    Landlord.

    Joined:
    May 6, 2015
    Messages:
    4,448
    Likes Received:
    1,244
    Location:
    East and West Grimblestbottom under the rye
    Does this mean underwear will go up in price. I have been predicting this.
     

Share This Page