Wednesday, 19 August 2009

One we missed: 99p store drives out Poundland

It gets worse…
In January, not only did a penny make enough difference to close a Poundland branch when a 99p store opened opposite and caused Poundland sales to fall 70%, it all happened in the Poole, Dorset. (For those not normally immersed in the property pages, Poole/Sandbanks boasts some of the most expensive real estate in the country…) More

And in case you think this is a one off, a shopping centre that opened in Poole four years ago, still has 75% unlet spaces…

Times are now so unusual that there have to be business opportunities available for those that face up to the new realities, before their bank manager does it for them…

No comments: