January 11, 200916 yr The net is killing the record / dvd store, it can't be a coincidence that 2 of the Big 3 are bust and the 3rd is always restructuring to try reduce its debt while at the same time more and more digital download sites are appearing and online DVD / CD retailers are massively undercutting the High St you're sooo right, but the internet is not only killing the music industry it will soon kill any other industry, and it's only a matter of time before 50% of Europe will become unemployed.....
January 11, 200916 yr i'm sure the CD shop will continue to exist in some form but it will be smaller shops for select customers... it's a real shame since downloads are crap. The net is just ruining everything.
January 11, 200916 yr i'm sure the CD shop will continue to exist in some form but it will be smaller shops for select customers... it's a real shame since downloads are crap. The net is just ruining everything. I don't even see specialist ones surviving mate Say someone wanted to set up as an independent seller of for example reggae records, what is better for them ? a High St store for example in Croydon with traffic limited to passing customers or an online mail order business where they can get customers from all over the globe ? its no contest really
January 12, 200916 yr Virgin veers away from Zavvi risk 09:56 | Monday January 12, 2009 Spurce: MW Group in clear as Zavvi raises £20m to meet EUK debt Virgin Group’s exposure to the Zavvi collapse is now nil, following a “good post-Christmas sale” period by the music retailer. Virgin had financially backed the supply agreement between distribution group EUK and (Zavvi forerunner) Virgin Megastore, part of the Virgin Group, and that agreement continued following the management buyout that created Zavvi in September 2007. With the music retailer falling into administration on Christmas Eve – largely blamed on the earlier collapse of its main supplier EUK – it looked likely that the Virgin Group, which also owns the leases on seven Zavvi stores, might be financially exposed. EUK administrator Deloitte calculated it was owed in the region of £80m by Zavvi. However, in a deal cut between Deloitte and Zavvi administrator Ernst & Young, only £40m was demanded from the retailer. Zavvi was able to make up a large bulk of that – some £20m – from cash inside the business, with the remainder being raised from the sale of stock over the festive period. According to a Virgin spokesman, if Zavvi had fallen short of the rest of the £20m, Virgin would have been liable to make up the rest of the payment. But with good Christmas sales Zavvi is understood to have raised around £25m from the sell-off of its remaining stock. “It looks like they have cleared their debt to EUK by a reassuring margin,” says a Virgin spokesman. With Zavvi closing 22 stores last week, leading to the loss of 178 jobs, eyes will now focus on the seven Zavvi stores leased by Virgin Group, including the site straddling Tottenham Court Road and Oxford Street and one in Birmingham. Ernst & Young will continue to trade the remaining 92 Zavvi stores, with further price reductions on product lines coming in last Friday. Zavvi managing director Simon Douglas, who is understood to still be working with management and the administrators to find buyers for the stricken retail chain, also broke his silence. He says, simply, “EUK’s demise has cost us dearly.” Ernst & Young joint administrator Tom Jack claims to have already received 60 interested offers for parts of the Zavvi business and HMV is known to be running an eye over potential sites. Jack explains that it will continue to trade the remaining Zavvi outlets with a view to a future sale while continuing to “actively pursue” the expressions of interest. Meanwhile, the Entertainment Retailers Association, of which Douglas is chairman, has revealed that it will be forced to recruit a new chairman if Zavvi goes to the ground. “From our perspective, for as long as Zavvi is around they remain a member and Simon Douglas remains our chairman,” says ERA director general Kim Bayley. “If Zavvi were not around then we would have to look for a new chairman.” Bayley says that the situation would be similar to when former ERA chairman Steve Knott left his position as managing director of HMV UK and Ireland in January 2007, leading ERA to appoint a co-chairmanship between independent retailer Paul Quirk and Woolworths head of trading, entertainment and mobile communications Jim Batchelor. “You can’t be the chairman of ERA if you’re not a member,” she says.
January 13, 200916 yr bring on the Brans(t)on :kink: Having the (dis)pleasure of having to use his trains quite frequently and having experienced his internet service (I only keep it because I want 50mb) I can't think of anyone I would less want to buy out Zavvi
January 13, 200916 yr you're sooo right, but the internet is not only killing the music industry it will soon kill any other industry, and it's only a matter of time before 50% of Europe will become unemployed..... Yes because the internet is a magic place where no people need to be employed...
January 13, 200916 yr Of the Big 3 Woolies - Gone bust Zavvi - In administration HMV - Losing money hand over fist The net is killing the record / dvd store, it can't be a coincidence that 2 of the Big 3 are bust and the 3rd is always restructuring to try reduce its debt while at the same time more and more digital download sites are appearing and online DVD / CD retailers are massively undercutting the High St The big 3?! :blink: :lol: Tesco and Asda have long had a bigger market share than the 'Big 3' you have listed! I think you'll find the 'bricks and mortar' big 3 are indeed Tesco, Asda and HMV - All of whom now will increase their market share and become stronger :P
January 13, 200916 yr The big 3?! :blink: :lol: Tesco and Asda have long had a bigger market share than the 'Big 3' you have listed! I think you'll find the 'bricks and mortar' big 3 are indeed Tesco, Asda and HMV - All of whom now will increase their market share and become stronger :P That is in VOLUME though ;) public perception is a totally different ballgame If a Family Fortunes style survey was done of say 1000 CD buyers and asking them to name a music store I am 99% sure that HMV, Woolies and Zavvi would top the poll, volume of course is totally different but public perception I have no doubt I am roght ^_^
January 13, 200916 yr Yes because the internet is a magic place where no people need to be employed... Exactly :rofl: He seems to think that items will be order processed, picked/packed, delivered, RMA's etc all done by elves :rolleyes:
January 13, 200916 yr That is in VOLUME though ;) public perception is a totally different ballgame If a Family Fortunes style survey was done of say 1000 CD buyers and asking them to name a music store I am 99% sure that HMV, Woolies and Zavvi would top the poll, volume of course is totally different but public perception I have no doubt I am roght ^_^ Maybe so but in terms of hard record sales the big 3 are strong and are well established - I also think people do view Tesco and Asda as a destination shop for entertainment releases and don't go anywhere else due to the fact they stock all of the major releases and are extremely competitive on price even when there is no need to be. Yes Woolies and Zavvi will hurt sales but I am pretty sure that the big 3 will absorb the sales and market share of those two with ease.
January 13, 200916 yr this is the worst 'record store' I've been into in my life, so no surprise it's for the chop. Indeed... Zavvi is/was (delete as appropriate) a truly fukkin' AWFUL so-called "record shop"...... Utterly clueless, sheep-like staff, an over-emphasis on sticking the DVDs out front and centre as opposed to the actual MUSIC..... :lol: incredibly confusing muliti-promotions (like, there was about SIX different ones going on at the same time in the DVD sections..) Overall, a truly miserable shopping experience, but one I had to endure for last-minute prezzies..... Contrast this with the small, indie shop I go to in Camden to buy MY music... Friendly, incredibly knowlegeable staff, if they put stuff on special offer, it's always VERY CLEAR, and they would even put on a CD in the shop for you to listen to as well if you weren't sure about a band that they recommended.... Hell, I even got some mulled wine and a mince pie when I called in on Christmas Eve..... :lol: Talk about customer service...... :D Scott's advice, if you can, go "indie" every time..... ;)
January 13, 200916 yr Indie stores are great but the one area they are severely lacking on is PRICE and price to me is king, I am fortunate enough to be in a position where I do not have to be price conscious but it ia just the way I was bought up, I don't even earn half that now but at the peak of my working life I was earning £95k a year and was still walking round from store to store trying to see which was cheapest for what I was after so out of principle I would not use indie stores as they can't compete on price
January 13, 200916 yr Yes because the internet is a magic place where no people need to be employed... :wacko: :angry: if u think that an internet website employs the same amount of people as an actual high street shop then u must be deluded :blink: ... do internet reatil sites need security? do they need sales people or cashiers???? i think not!!!!
January 13, 200916 yr :wacko: :angry: if u think that an internet website employs the same amount of people as an actual high street shop then u must be deluded :blink: ... do internet reatil sites need security? do they need sales people or cashiers???? i think not!!!! LOL they employ MORE than a High St shop Who do you think processes the credit cards and debit cards online ? the tooth fairy ? they are the same as cashiers, they have to employ computer security people to prevent hackers, designers to keep the site up to date and add new stock, SEO people to get the site high up on seatch engines, warehouse staff to pick the orders, they have to employ pickers and packers and stock control people not to mention marketing staff for banner exchanges and affiliate programs and so on Sorry mate but you really haven't a clue about e commerce :rofl:
January 13, 200916 yr exactly! Does play.com or Amazon employ 27,000 people? Easily Amazon estimates that 81m people around the world buy something from it. In Britain the company has warehouses or “fulfilment centres” in Glasgow, Fife, Bedfordshire and Swansea. The Swansea Bay site in Wales is Europe’s biggest warehouse and spans 800,000 sq ft. Software development centers The company employs software developers in medium- to large-sized centers across the globe. While most of Amazon's software development is in Seattle, other locations include: Slough (England) Edinburgh (Scotland) Dublin (Ireland) Bangalore, Chennai, and Hyderabad (India) Cape Town (South Africa) Iaşi (Romania) Shibuya (Tokyo, Japan) Beijing (China) Tempe, Arizona (United States) [edit] Fulfillment and warehousing Fulfillment centers are located in the following cities, often near airports: North America: Arizona, USA: Phoenix, Goodyear Delaware, USA: New Castle Indiana, USA: Whitestown, Munster Kansas, USA: Coffeyville Kentucky, USA: Campbellsville, Hebron (near CVG), Lexington, and Louisville Nevada, USA: Fernley and Red Rock (near 4SD) Pennsylvania, USA: Carlisle, Chambersburg, Hazleton, and Lewisberry Texas, USA: Dallas/Fort Worth Ontario, Canada: Mississauga (a Canada Post facility) Europe: Amazon.co.uk warehouse, Glenrothes.Munster, Ireland: Cork Bedfordshire, England, UK: Marston Gate Inverclyde, Scotland, UK: Gourock Fife, Scotland, UK: Glenrothes Neath Port Talbot, Wales, UK: Crymlyn Burrows[10][11] near Jersey Marine[12] Loiret, France: Orléans-Boigny (2000), Loiret, France: Orléans-Saran (2007), Hesse, Germany: Bad Hersfeld Saxony, Germany: Leipzig Asia: Chiba, Japan Guangzhou, China Suzhou, China Beijing, China Edited January 13, 200916 yr by B.A Baracus
January 14, 200916 yr http://musicalstewdaily.files.wordpress.com/2008/07/broken-record.jpg Amazon, in the UK. ;) At the end of the day people want a physical place to shop - fact, take it from the one who works in retail. We even had people in today saying they'd rather pay more for the service and knowing they can get something there and then,and this was from a former play.com regular.
January 14, 200916 yr http://musicalstewdaily.files.wordpress.com/2008/07/broken-record.jpg Amazon, in the UK. ;) At the end of the day people want a physical place to shop - fact, take it from the one who works in retail. We even had people in today saying they'd rather pay more for the service and knowing they can get something there and then,and this was from a former play.com regular. ONE of the Amazon distribution warehouses in the UK, the one in Wales has 800,000sqm of space, it is the single biggest warehouse in europe, half a mile long in terms of floorspace, that would alone employ THOUSANDS of people, I would be surprised with 800,000 sqftt of stock if that place does not employ 5000-10000 people alone let alone the other 3 massive ones in the UK and Ireland not to mention the IT centres and so on You do raise some valid points but the collapse of 2 massive retailers of CD's, a third one stopping selling CD's, HMV forever in debt and having to restructure etc etc must surely question the demand for a physical place to buy CD's :unsure:
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