Page 189 of 200
Re: High Street chain collapse sweepstake
Posted: Sat 30 Sep, 2023 22.22
by WillPS
Looks like Poundland are running these shops with a very light touch rebranding:
https://www.sloughobserver.co.uk/news/2 ... gh-street/
I imagine it's temporary but I expected them to close and put their normal fit out (which isn't especially elaborate) in before they started, especially since they didn't take on the staff!
Re: High Street chain collapse sweepstake
Posted: Sat 30 Sep, 2023 23.21
by BBC TV Centre
This is a bizarre question but is anyone's local Wilko not discounting the own brand copier paper?
Two branches I've been in near me have everything discounted but the copier paper, with it being sold at full price.
I guess it must be sale or return - but even still, it's all still Wilko branded and no doubt there's a cost to picking up the pallet of a bulky item?!
Re: High Street chain collapse sweepstake
Posted: Sun 01 Oct, 2023 00.11
by bilky asko
BBC TV Centre wrote: Sat 30 Sep, 2023 23.21
This is a bizarre question but is anyone's local Wilko not discounting the own brand copier paper?
Two branches I've been in near me have everything discounted but the copier paper, with it being sold at full price.
I guess it must be sale or return - but even still, it's all still Wilko branded and no doubt there's a cost to picking up the pallet of a bulky item?!
The price of copier paper is still high, isn't it? It might be a clue as to why that is
Re: High Street chain collapse sweepstake
Posted: Sun 01 Oct, 2023 00.24
by Martin Phillp
My local Wilko before the closure had loads of it delivered during the administration sale for £4.95. They still shifted all of them.
Re: High Street chain collapse sweepstake
Posted: Sun 01 Oct, 2023 00.39
by WillPS
BBC TV Centre wrote: Sat 30 Sep, 2023 23.21
This is a bizarre question but is anyone's local Wilko not discounting the own brand copier paper?
Two branches I've been in near me have everything discounted but the copier paper, with it being sold at full price.
I guess it must be sale or return - but even still, it's all still Wilko branded and no doubt there's a cost to picking up the pallet of a bulky item?!
The price has actually come down by £1 now but it's still excluded from other offers. I saw one shop reduced it further on their last few days of trading, dunno if that was authorised or not. It does seem a peculiar omission, perhaps a standoff between a supplier and the administrator?
Re: High Street chain collapse sweepstake
Posted: Sun 01 Oct, 2023 18.43
by Martin Phillp
There does seem to be store variation on the administration sale discounts. I've seen pics of some stores outside London with 50% off as the minimum discount on the last day while the lowest discount at my local store was 30%.
The most I received was 70% off electrical which they counted as DIY.
Re: High Street chain collapse sweepstake
Posted: Sun 01 Oct, 2023 23.49
by cwathen
WillPS wrote: Sat 30 Sep, 2023 22.22
Looks like Poundland are running these shops with a very light touch rebranding:
https://www.sloughobserver.co.uk/news/2 ... gh-street/
I imagine it's temporary but I expected them to close and put their normal fit out (which isn't especially elaborate) in before they started, especially since they didn't take on the staff!
I guess it depends on the site but I wonder if some of these acquisitions are to create more standalone Pep & Co stores and reopening them as Poundland with the existing Wilko shopfit is just a temporary solution to get them trading until they roll this out?
One store I did notice they've bought is Bedminster, Bristol where there is already an existing Poundland in a similarly sized unit 20 seconds walk away on the same street. I can't imagine they seriously intend to keep both as Poundland stores long term and unless the Wilko unit has particularly improved rental terms over their existing store I can't imagine they've bought it just to move a few feet up the road either. A standalone Pep & Co store seems more likely to me.
Re: High Street chain collapse sweepstake
Posted: Mon 02 Oct, 2023 12.47
by WillPS
cwathen wrote: Sun 01 Oct, 2023 23.49
WillPS wrote: Sat 30 Sep, 2023 22.22
Looks like Poundland are running these shops with a very light touch rebranding:
https://www.sloughobserver.co.uk/news/2 ... gh-street/
I imagine it's temporary but I expected them to close and put their normal fit out (which isn't especially elaborate) in before they started, especially since they didn't take on the staff!
I guess it depends on the site but I wonder if some of these acquisitions are to create more standalone Pep & Co stores and reopening them as Poundland with the existing Wilko shopfit is just a temporary solution to get them trading until they roll this out?
One store I did notice they've bought is Bedminster, Bristol where there is already an existing Poundland in a similarly sized unit 20 seconds walk away on the same street. I can't imagine they seriously intend to keep both as Poundland stores long term and unless the Wilko unit has particularly improved rental terms over their existing store I can't imagine they've bought it just to move a few feet up the road either. A standalone Pep & Co store seems more likely to me.
I thought they'd shut all the standalone Pep & Co stores?
Re: High Street chain collapse sweepstake
Posted: Mon 02 Oct, 2023 14.39
by Zimba
Martin Phillp wrote: Sun 01 Oct, 2023 18.43
There does seem to be store variation on the administration sale discounts. I've seen pics of some stores outside London with 50% off as the minimum discount on the last day while the lowest discount at my local store was 30%.
The most I received was 70% off electrical which they counted as DIY.
It's been progressively going up with every batch of closures locally. Started at 30% -> 50%. It's been 80% off everything the last batch of closures up here as obviously they can't keep sending stock to stores that don't exist.
Wouldn't be surprised to see the next lot, everything 5p or something stupid. There's not a cat in hell chance they're going to sell the Clever Plant Pot accessories for example. It's crazy how many some stores have and without the pots they're useless.
Bird feeders and sand paper seem to be a big problem locally aswell, even known they're actually decent.
Re: High Street chain collapse sweepstake
Posted: Mon 02 Oct, 2023 21.23
by cwathen
WillPS wrote:
I thought they'd shut all the standalone Pep & Co stores?
Don't they still have some in the Midlands? Thought they'd remodelled some of their 'mothballed' stores in 2021 and reopened them as Pep & Co?
Re: High Street chain collapse sweepstake
Posted: Mon 02 Oct, 2023 23.02
by WillPS
cwathen wrote: Mon 02 Oct, 2023 21.23
WillPS wrote:
I thought they'd shut all the standalone Pep & Co stores?
Don't they still have some in the Midlands? Thought they'd remodelled some of their 'mothballed' stores in 2021 and reopened them as Pep & Co?
Ah yes, Martineau Place - but that's a strange one as it is in the same building 3 doors up from the Poundland. I think they must be compelled to operate both units or something, it's a very peculiar setup.