On 22/06/18 21:33, Cursitor Doom wrote:
On Fri, 22 Jun 2018 15:33:08 +0000, Jethro_uk wrote:

Argos *are* in trouble. Unless I am misinformed the "savings" on the
tie-
up/merger with Sainsburys are coming in part from a "harmonisation" of
their stock and logistic systems. And you can bet it will mean dumping
the working Argos one, and overwhelming the could-it-get-any-worse
Sainsburys one.

What with one store or another going to the wall it's beginning to look
an awful lot like a recession. When the arch globalist Mike Carney said
the BoE was expecting to raise rates again in August, I have to conclude
the man is a fool or a liar (and I don't believe he's a fool).


Its not a recession, its just that Internet/Mail order continues to
replace the high street as the place to buy stuff - especially stuiff
that doesn't need 'touch and feel'.

Its a revolution in shopping habits. Going 'into town' is now about
cafes, and bookshops and the odd clothing store. Specialist places are
now in industrial estates and the rest have just closed down.




--
"When a true genius appears in the world, you may know him by this sign,
that the dunces are all in confederacy against him."

Jonathan Swift.