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Going into Administration.

jojo Jan 16, 2013

  1. jojo

    jojo Looking for Boost! Staff Member Moderator Team Daytona quattro Audi S3 Audi A6 Audi Avant Owner Group

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    So we're into the third week of 2013, and three major high street chains, Jessops, HMV and Blockbuster have gone into Administration!

    Bad times ahead methinks!
     
  2. robbiemac

    robbiemac 'S' Button engaged....

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    Agreed, however sometimes where others fail, people left standing prosper..... Harsh I know, but true.
    HMV will survive, got to change their focus. C.D's are obsolete, DVD and Games are where it's at.......
    As for Blockbuster, I'm surprised this hadn't happened ages ago.
    Still hope for a better 2013 for us all.....
     
  3. JudderMan

    JudderMan Well-Known Member

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    Is it simply due to a bad Xmas finally saw them off? To be honest, those businesses are in the dark ages and I'm surprised they've lasted in the last 5 years. Times change, they were obviously too stubborn, blinded or run by crusties to make the change. Blockbuster could have cleaned up if they'd followed Netflix's business model.

    It's sad too as we've all grown up with these companies. My brother was a photographer and I used to spend lots of time in Jessops getting spares/printing for him.
     
  4. sidibear

    sidibear Looking for Zombies !! Staff Member Moderator Audi A4

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    Peed off that I have £40 worth of HMV gift card I can't use.
     
  5. robbiemac

    robbiemac 'S' Button engaged....

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    That's very unfair, I watched the HMV CEO try to justify their position as they continued to sell gift cards/ ccertificates throughout the Christmas period and honoured them up to and including the 13th of January.... After this date, well you know the rest:shrug:
     
  6. Les 51

    Les 51 A pint of Diesel please!

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    If they were selling right up to the 13th, doesn't that make him liable? He must have known the position of the company up until then, which means as CEO he's liable.
     
  7. robbiemac

    robbiemac 'S' Button engaged....

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    You're probably right, wouldn't hold my breath though....... Always give cool cold cash as a gift, the kids prefer it:thumbsup:
     
  8. Ghost

    Ghost Booooooo!

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    Where did you buy your vouchers from? …..

    Did you buy your vouchers from a third party, e.g Tesco

    When Jessops went into administration, Tesco refunded their customers who bought Jessops vouchers with them.

    If you bought with Visa, id be giving them a ring too?
     
  9. s3dave

    s3dave TFSI Hybrid Supporter

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    HMV have been in trouble a few years, and like said did not/could not change with the times, sad that such iconic company's are going down though,
    Woolworths was my personal shocker...i loved that shop....and had fond memories of it been a kid....
     
  10. Nilz

    Nilz Defo worth the wait :) Team Ibis TFSI Owners Group quattro Audi A4 S-line owners group saloon Manual

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    Sad times and im sure there will be more to follow, another one that I can see on the cards is WHSmiths, with the likes of ebooks, amazon, kindle etc, everything is moving to the digital era and as harsh as it sounds, if you dont move with the times nowadays, then its time to say goodbye.
     
  11. Nathan_jones2002

    Nathan_jones2002 V8 - only sound a man needs

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    I disagree, sooner or later all gaming and movie watching will be done by download and streaming.

    i agree with what you say about blockbuster though, they can't compete with sites like lovefilm and Netflix. It was just a matter of time and I'm surprised that lasted so long.
     
  12. turnstyle

    turnstyle Member

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    I owe blockbuster about £5 in charges...... not anymore i guess :)
     
    robbiemac likes this.
  13. Les 51

    Les 51 A pint of Diesel please!

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    I hear Tesco are taking HMV vouchers and exchanging them, Not sure if this is fact though.
     
  14. Ghost

    Ghost Booooooo!

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  15. Sandra

    Sandra MODERATOR Staff Member Administrator Moderator TeamMisano TFSI Owners Group Gold Supporter quattro Audi S3 s tronic

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  16. Cozza McA

    Cozza McA Crunching The Gears VCDS Map User

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    You are responsible for there collapse!!! haha
     
    robbiemac likes this.
  17. Nilz

    Nilz Defo worth the wait :) Team Ibis TFSI Owners Group quattro Audi A4 S-line owners group saloon Manual

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    Nice one Spooky, been meaning to post this up earlier, after seeing it on the MSE Website.
     

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