Thursday 20 November 2008

Christmas bargains at Woolworths

Back in October we had a piece on Woolworths Well they have always been known for their value and now you can get the complete Woolworths box set of 800 stores for just £1! (we guessed Tesco to take them over and split up the company, keeping the distribution chain and warehousing,and the best sites for Tesco Metros. Still the most likely option but they may buy them from administration and not face the debt) We also gave a nod to the problems of DSG, the former Dixons chain, whose share price just can't find the lowest point. Can't see any good news for them in the new year either. BBC radio reporting today that "retail sales didn't fall very far for October,just 0.1%, so spend spend spend." More balanced outlook from their news pages but still the line Many retailers have opted to hold pre-Christmas sales in a bid to boost spending at what should be their busiest time of year, is not quite right. October is one of the slowest months for retailers wh0 await the rush from, well about now, until first week of January. October was pretty good, but November sales so far have been pretty poor. Expect a "retail sales fall" call in the next round of stats.


Steven_L said...

Used car prices have dropped 30 - 35%, Once I can get an Audi S4 V8 for £8k and $50 a barrel I'm sure the market will pick up.

Steven_L said...

30 - 35% since this time last year I meant.
God I wish I'd waited to buy.

Bill Quango MP said...

Saw a 07 plate A6 8,000 miles on auto trader for 15k.
No trade ins, no finance, cash only sale.
I guess it was stolen or the dealer was about to go bust.

Steven_L said...

Bill Q,

A lot of car dealers are now faced with the choice of 'go bust' or 'clock it' - keeps me in business!

Steven_L said...

Actually this drags up the whole regulation debate.

It's ironic, when the money taps were on and there was little need for fraud, the government insisted on 'light touch'.

Now, when money is harder and there is more incentive to commit fraud what should the regulators do?

Should we go from on an economy based on excessive consumer debt to one based on fraud?

If so, I know some bloody good frauds!

asquith said...

Anyone who is taken in by this, or still worse thinks more highly of New Labour, should be administered a thorough kicking.

A nation doesn't grow rich by idiots selling each other houses & taking money thay haven't got to buy tat for impressing their fellow morons.

A nation grows rich by having a population willing to do a hard day's work & leaders who are intelligent & enterprising.

This country is corrupt, & the more you try to magic it away the worse things will get.

Stop it!

Anonymous said...

I hate to gloat...but a few months ago when Sugar invested in Woolies I said he was out of his tree and an arrogant twat who had got it wrong, in response to someone saying things must be getting better if he is investing in them, and lo and behold he has had his fingers burnt. Good.

Woolies has been hanging on by the skin of their teeth for years, as has the likes of PC World which I have said for a long time is due to go under.

DSG will survive, but with a slimmed portfolio of high street names.

As to cars...maybe depending on where you are as has been my experience the past month while looking for one.

Old BE said...

The retail figures are masked by a surge in food spending and a slump in discretionary, although you won't hear that on the BBC reports. People are paring back to the absolute necessities.

Letters From A Tory said...

The bad figures keep piling up. I wonder if any big chains will go under this side of Xmas.

Bill Quango MP said...

Steven_L said...keeps me in business..
yes? Tell us more..

Asquith: It is looking bad at the moment. Sadly it seems that it will get a lot worse in the early part of next year.More bank /share /lending/ Business/car manufacturing/travel/airline housing/employment trouble ahead.

Houdini. Yep. You did. click the link and your comments on the apprentice himself are revealed

BE. Absolutely. The cover of food prices is hiding some really serious sector falls. this will probably do harm to the "weathering the storm" claims when firms like Woolworths who survived the great depression and 2 world wars won't make it. Not that Brown caused Woolworth's problems but gaps in the high street heighten the public's awareness of the real situation.
+ re your blog post.Yesterday finally the commercial business lending rate went down for me. this will save the two part-timers who I had earmarked to lose at the end of this week. interest rate falls are very important but not the cure, just a lessening of the damage.

LFAT. Probably not a retailer this side of Xmas, but Honda shutting down for 2 months..

Anonymous said...

A few weeks ago the Telegraph suggested buying a 4x4 V8 4 litre jobby, now cheap as chips, and spending a couple of thousand converting it to LPG.

Anonymous said...

I don't know Bill, a few retailers are due to close before Christmas, and some big names have already gone in car retailing. Pentraeth to name one and a couple of others are due.

I do see DSG pairing back a few names like PC World, along with maybe JJB, Homebase, Focus at a push, DFS and then we get down to some smaller companies that are more specialised in certain parts of the UK.

I think a lot could do a C&A to save costs if they see the writing on the wall.

Bill Quango MP said...

Houdini: Agree that the crashing sound of falling business will be loud in our ears in January but only those without cash won't make it to Xmas. Rents are paid, Vat can be waived, suppliers will wait 4 weeks more. Only wages have to be paid immediately.And the bank of course, who will collapse them without a thought.

JJB sports/JD more likely to merge than collapse for example.
But there is always a FarePack around. I guess one of the big furniture/kitchen suppliers {MFI is already at fingertips; bloody glad my bed came. I knew they were in trouble but it was ordered in 2007!!} could easily fold up, leaving the media with those stories of Christmas disaster that they love so much.
"Family sit on floor for Christmas after too good too refuse 3pc suite firm falls into administration... kindly neighbour lends patio set.
Its nice but its not the same,says dad.Nan will have to sit on a milk crate"

JPT said...

It's all b******s!
I went into my local Woolworths today and offered them a pound for the store (just one branch mind you) and the manager told me to f**k off!

Anonymous said...

Of course he told you to f**k off! I'd been in an hour earlier and offered him two quid!

What did you expect when somebody had offered him 100% more?

Anonymous said...

I’d have accepted both and then gone into administration £3 richer. It’s this lack of entrepreneurial thinking that’s holding chains like Woolworths back.

Anonymous said...

aaaa片, 免費聊天, 咆哮小老鼠影片分享區, 金瓶梅影片, av女優王國, 78論壇, 女同聊天室, 熟女貼圖, 1069壞朋友論壇gay, 淫蕩少女總部, 日本情色派, 平水相逢, 黑澀會美眉無名, 網路小說免費看, 999東洋成人, 免費視訊聊天, 情色電影分享區, 9k躺伯虎聊天室, 傑克論壇, 日本女星杉本彩寫真, 自拍電影免費下載, a片論壇, 情色短片試看, 素人自拍寫真, 免費成人影音, 彩虹自拍, 小魔女貼影片, 自拍裸體寫真, 禿頭俱樂部, 環球av影音城, 學生色情聊天室, 視訊美女, 辣妹情色圖, 性感卡通美女圖片, 影音, 情色照片 做愛, hilive tv , 忘年之交聊天室, 制服美女, 性感辣妹, ut 女同聊天室, 淫蕩自拍, 處女貼圖貼片區, 聊天ukiss tw, 亞亞成人館, 777成人, 秋瓷炫裸體寫真, 淫蕩天使貼圖, 十八禁成人影音, 禁地論壇, 洪爺淫蕩自拍, 秘書自拍圖片,

做愛的漫畫圖片, 情色電影分享區, 做愛ㄉ影片, 丁字褲美女寫真, 色美眉, 自拍俱樂部首頁, 日本偷自拍圖片, 色情做愛影片, 情色貼圖區, 八國聯軍情色網, 免費線上a片, 淫蕩女孩自拍, 美國a片, 都都成人站, 色情自拍, 本土自拍照片, 熊貓貼圖區, 色情影片, 5278影片網, 脫星寫真圖片, 粉喵聊天室, 金瓶梅18, sex888影片分享區, 1007視訊, 雙贏論壇, 爆爆爽a片免費看, 天堂私服論壇, 情色電影下載, 成人短片, 麗的線上情色小遊戲, 情色動畫免費下載, 日本女優, 小說論壇, 777成人區, showlive影音聊天網, 聊天室尋夢園, 義大利女星寫真集, 韓國a片, 熟女人妻援交, 0204成人, 性感內衣模特兒, 影片, 情色卡通, 85cc免費影城85cc, 本土自拍照片, 成人漫畫區, 18禁, 情人節阿性,

Anonymous said...

情色電影, aio交友愛情館, 言情小說, 愛情小說, 色情A片, 情色論壇, 色情影片, 視訊聊天室, 免費視訊聊天, 免費視訊, 視訊美女, 視訊交友, ut聊天室, 視訊聊天, 免費視訊聊天室, a片下載, av片, A漫, av dvd, av成人網, 聊天室, 成人論壇, 本土自拍, 自拍, A片, 愛情公寓, 情色, 舊情人, 情色貼圖, 情色文學, 情色交友, 色情聊天室, 色情小說, 一葉情貼圖片區, 情色小說, 色情, 色情遊戲, 情色視訊, 情色電影, aio交友愛情館, 色情a片, 一夜情, 辣妹視訊, 視訊聊天室, 免費視訊聊天, 免費視訊, 視訊, 視訊美女, 美女視訊, 視訊交友, 視訊聊天, 免費視訊聊天室, 情人視訊網, 影音視訊聊天室, 視訊交友90739, 成人影片, 成人交友,

免費A片, 本土自拍, AV女優, 美女視訊, 情色交友, 免費AV, 色情網站, 辣妹視訊, 美女交友, 色情影片, 成人影片, 成人網站, A片,H漫, 18成人, 成人圖片, 成人漫畫, 情色網, 日本A片, 免費A片下載, 性愛, 成人交友, 嘟嘟成人網, 成人電影, 成人, 成人貼圖, 成人小說, 成人文章, 成人圖片區, 免費成人影片, 成人遊戲, 微風成人, 愛情公寓, 情色, 情色貼圖, 情色文學, 做愛, 色情聊天室, 色情小說, 一葉情貼圖片區, 情色小說, 色情, 寄情築園小遊戲, 色情遊戲, 情色視訊,