Why are so many so angry and eager to point the finger at specific companies and in particular highlight your personal gripes?
These companies (and I have no bias) couldn't have been established and would not have developed into household brand names without proper prior analysis of the potential markets. I agree, in general, with most of the comments already posted but if you think you have right to vent your selective spleens on individual companies you’re missing the point.
For years I have wandered through previously active trading areas - markets, industrial estates and other development zones funded by local governments and have, observed their demise. Often, rather sadly, they are now just ugly, windswept concrete wildernesses.
There's little merit in criticising a specific company simply because it fails, rather you should be questioning the intent when the business started and why its business plan was deemed to be acceptable. Furthermore you should be questioning why the system actively encourages extreme competition in order to meet unrealistic criteria defined as local rates, rents and taxes. Do not loose sight of the fact that many of the so-called ‘rule-makers’ will have now moved to other (more comfortable) jobs and carry no burden of responsibility for their (possibly unknowingly) short-sighted actions at the time.
I now face the prospect of wnadering through my local town centre to find nothing I need. In consequence I have to travel quite a way to get the things I want. My only option is to order online without the benefit of being able to browse and ask questions. I’m not an avid devotee of Dixons or any of the others but I have enjoyed my position of power in that I could choose where to shop.
One day reality will make itself apparent. Every where I go I see shopping centres decaying, good retailers locations subverted into luxury coffee bars (which have a half-life of a year or two) and a slight reduction in (my) lifestyle. Perhaps I’m just an old fart but developments, growth and, unfortunately, failures are in the hands of the accountants who generally don’t give a damn and will move on to another job soon anyway.
I’m sure, that if someone bent their will and applied a few forensic methods, there would be trails of ‘Do Gooders and Clever People’ that have made a fat profit for and from their clients – who the hell cares if the company fails – ‘I’ll get a new job soon’.
Recession is here. Just look around at the rest of Europe and other parts the world. Let’s introduce some rationality into the system. For those of you that don’t know, or don’t care, be aware that it’s not a happy situation.