What is the next retail chain to go bust?

https://www.google.com/amp/s/london.eater.com/platform/amp/2020/7/15/21325463/pizza-express-restaurants-uk-hony-capital-leaving

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I think this is a healthy correction for the industry. They have long been inefficient, tasteless, expensive for no reason. A number of great new businesses have emerged and will take over these burdened chains. I am very picky about where I spend my money and these restaurant chains, in particular, are not worth anybody’s hard-earned cash. Poor service, poor quality of ingredients, poor staff morale, and training, 0 willingness to rebrand and execute. Also, Carlucios is out if it has not been mentioned here.
I have long been arguing for these chains to go out of business for a reason.

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Hiya I’m not sure how this forum works (too used to faceache) so I hope you get this reply. Your post is good and informative and I wonder if you could tell me what you think why will happen to the usd after brexit. I’ve got a couple of shares in tesla and a few others and I’m considering selling post brexit then rebuying but not sure whether the x rate will be better or worse?

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I got the message :slight_smile: But I’m late replying sorry!

In short, after Brexit transition period ends the country will be seen as a higher risk place so its currency will be impacted negatively (eg worth less vs other countries). However, currency movements will always happen regardless of whats happening at any given time (Brexit included). You’d honestly be best just ignoring it and carrying on with your standard investment strategy. The cost of making a wrong decision (sell vs not sell) is far greater than any short term impact you might see on the currency side of any trade.

Overtime your US investments should appreciate in value far more than USD-GBP appreciates or depreciates and trying to buy/sell to make opportunity of this will likely create more headaches than actually make you any gains. I’m saying all of this on the basis that you have 100’s, 1000’s or 10,000’s invested. If you’re lucky enough to have 6 or 7 figures invested then it MIGHT be worth considering this strategy (probably still wouldn’t be actually).

Hope this helps

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Does it matter? If you own stock in any non-Amazon, non-eBay based retailers just sell them. They’ll all go bust anyway. Which is not funny but…!

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Excellent thank u

Bit generalised I haven’t seen amazon with any plans on making cars have you?

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What about Etsy, I feel like my partner averaged about 10 Etsy tabs open on any given day in November.

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Thanks for sharing

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https://www.google.com/amp/s/amp.theguardian.com/fashion/2020/dec/18/arcadia-group-may-be-bought-by-next-with-davidson-kempner

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Knock off that come from the same factories as M&S.

Looks like it may be Paperchase…

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Not surprised. They are overpriced and have no USP. You can get good stationery at WHSmith and most of the times cheaper. maybe not in 1000 colours at the same time, but they have a good enough selection.

WHSmith ain’t that cheaper either lol

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That’s a shame, Paperchase is great for people like me, who hoard notebooks, pens and other assorted stationery items (kept for special, never seemingly used!!).

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127 stores and about 1,500 employees. Our highstreets are changing which they have been for sometime just that Covid has accelerated everything.

After every event that affects humanity in the negative, War, Famine, Plague etc the things that were going to happen be they good or bad occur a lot quicker.

I decided that I am going to use all my empty notebooks and new pens first before buying any new stationery. Anyway, for stationery, I prefer MUJI but I get that Paperchase appeals to consumers.