What, if anything, would happen to my mortgage if my lender went bankrupt? |
| You'll never guess who my lender is: Countrywide! There's wide speculation that they will be bankrupt soon. Hey, maybe I should offer to loan them some money--at about double the interest ... |
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Security War: Wachovia or Bank of America? |
Who offers the best, top-notch security/protection when it comes to banking? Wachovia or Bank or America?
Each person I ask gives me a different story. "Wachovia is the best, but ... |
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My Gym is Drawing on Expired Debit Card (legal)? |
Quick data points:
1 )Opened gym membership in 2003 using debit card to draw month dues (both GYm and Bank are in California)
2) Debit card expired August 2005
3) I was under the ... |
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By law, when a shareholder leaves a private company, what amount of money is he entitled? |
| The company has 3 shareholders. One wants to leave and sell his shares because of relation problems. Initially the shares was worth 100 000$. Now it is worth one million. But the company is in growth ... |
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WAL-MART BOYCOTT did you join ,why,what did you do to help.? |
Yes, I did join
Because i’m tried of cheep foreign made products and to help save American jobs
And all the recalls like dog food, poison juice, and lead painted tot trains and on an on..<... |
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House or spouse? |
| My spouse is really really large, (obiese) and so we went to a large married persons conference in Vallejo, Ca last week. One of the speakers was tallking about hugging and he said I quote, "... |
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Gifts for Company Co-workers? |
| As a part of team building I was tasked to find wholesale products to use as corporate giveaways. any ideas where to buy one?... |
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How and where can I get funding for my invention? |
| I have an invention that will revolutionize the world!!! If I told you that I can make it so you never have to pay a power bill again; would you be interested? If I said I think I can make it so you ... |
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I recently applied for a position in the company I work for. Why did I not get offered the position? |
| I have worked for a corporation as a technician for about 9 months. Recently, the corporation(charter communications) did a career fair for inhouse sales. I trained for 2 1/2 months for my technician ... |
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I am trying to compile a list of consumer products that are still "Made in America"? |
If it even exists can you give me your favorite product / manufacturers that are producing consumer goods B2C that are made in America? Canada & Europe.
Basically NOT made in China
... |
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How do cable companies get away with it? |
| Why does it not constitute a monopoly when there is only ONE cable television company in any given region? How come this has been allowed to go on? Why, in an era of lawsuit happy america has no one ... |
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Yet, another question on Primerica? |
| Alright, so I have been recruited by Primerica, part-time. I have done tons of research, believe me. And, primarily on this site. My question is this: When all of my leads have been expunged (sp?)... |
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Why is google worth way more than yahoo now? |
| For years yahoo has always been on top how come google's market capital is 106 billion and yahoo's market capital is 42 billion.... |
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Conflict of interest? |
| I work for a multi million dollar financial company. i have been there fro 1 year. For the past 2 months,they have been talking about doing a fundraiser for my son who has medical issues. They ... |
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Anybody think working at walmart is okay? |
| I have an interview in a walmart in vegas, I just wanna make some extra cash, so what do you guys thnk? The possition open is for overnight stocking, how bad can that be? I like to lift and be on my ... |
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How come Apple has not been sued? |
In the commercials they are making fun of teh Pc and vista They are Saying there product is greater then another specific product... Why hasn't Windows Sued their ***'s?????? A... |
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historyboys | What shops have gone into administration? |
I've been looking all over for a list of shops and whatnot that have gone into administration (in the UK) since the start of the economic crisis. Obviously I'm not expecting a list of all the little, less well-known places but more the well known types, you know?
Been looking for a list all over and can't find access to anything! Any help would be appreciated, thank you. |
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Emasculated Britain
|
Woolworth's was the first and biggest
Zavvi, formerly Virgin Megastore, lost its main supplier, who happened to be Woolworth's, and also folded.
Adam's childrenswear are in receivership, with the majority of stores to close.
Waterford Wedgwood (glassware and pottery) are in administration looking for a buyer. Closure could see the ceramics industry vanish from Stoke on Trent.
Mark's and Spencer to shed 1000 jobs, or 2% of workforce, tomorrow.
MFI collapsed and closed down, but its problems started years ago. It was bought for a nominal sum of £1 a few years ago, and cited mounting debts and falling orders, due to people preferring to get furniture from rivals Ikea, and a downturn in the popularity if DIY and home assembly.
The cause of Woollie's collapse was obvious - it sold useless overpriced tat, and most of its stores vanished years ago. Zavvi was an obvious casualty of it, since Woolworth's supplied virtually all its stock.
Adam's sounds like a safe bet - children still grow when money is tight, and still need clothes. But its clothes were of no better quality than childrenswear in Asda or Tesco, and priced much higher.
As for Waterford Crystal and Wedgwood, these are luxury items. Companies specialising in luxuries suffers when money is tight. A dinner service mass produced in the far east may be of inferior quality, but they do the job and will sell. Wedgwood's decorative wear is an absolute luxury and the market is not there right now.
Mark's and Spencer's is always constantly in trouble, due in no small part to its pricing.
Expect places like Primark, Aldi, Netto, Asda and Tesco to do very well from the downturn. |
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baby_face_paris
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Zavvi, Woolworths, Mango are the three I know. |
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Lauren H
 |
Zavvi, woolworths :(, USC, Adams,Mango,Mfi, and theres another one but i cant think....something begining with M.
x |
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joediamond11
 |
What are you all on about........
MANGO IS NOT IN ADMINISTRATION!!!
Where are you all hearing that from?
Emasculated Britain - his answers are OK but not really that accurate.
Woolworths was saddled with £250m of debt when it was demerged from Kingsfisher plc in 2001. It also had all it's freehold stores sold and the money went to Kingfisher not Woolworths. Woolworths was a long term casualty more because of the debt it inherited from the demerger than the things they were selling.
Adams - Is a mid market retailer (neither dear nor cheap) but has most of it's retail estate in poor locations.
MFI - Was a victim of not keeping up with the times and a reputation for poor quality.
The trend for the last 15 years has been minimilistic clean cut furniture. MFI carried on selling over priced old fashioned furniture.
Zavvi - Yes, it went partly because of Woolworths, but then it could have resourced products - HMV is obviously getting it's stock somewhere else.
Music retailers are fading fast because MP3 dominates the market and people download MP3 not buy it in a shop.
Marks and Spencer ARE NOT in trouble. Their sales and profit have fallen and they are making cutbacks but that does not mean they are ANYWHERE NEAR going under at all.
Most of their property is freehold so there is a real tangible asset base.
People tend to get confused about the difference between a retailer announcing lower profits and administration.
Lower profits are a fact of life in a recession but does not automatically lead to bankruptcy.
It depends on the cash mountain the company has and whether it can raise extra finance. |
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PengTrainers
|
woolworths
zavi
office
adams
an irish crystal maker which i cant remember the name of
a tea shopwhich i cant remember the name of
and apparantly next will soon be following them |
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