Retail in Leeds City Centre

[this_city]

Originally Posted by Val Verde

Have any other branches of Comet around this neck of the woods closed down yet including I believe the branch at Crown Point Retail Park?

oh dear, my powers of observation are rubbish in comparison to yours Val. walked passed, stared into the Comet store and can't even remember what i saw gluemakers yard for me

[this_city]

The owners of The Light are looking to sell 50% of their stake.

http://www.thebusinessdesk.com/yorks...news_section=7

[Val Verde]

Originally Posted by this_city

The owners of The Light are looking to sell 50% of their stake.

http://www.thebusinessdesk.com/yorks...news_section=7

Interesting. Presumably this sale of a 50% stake for the light would most likely be an attempt to attract investment to counter the potential effect on the upcoming opening of Trinity and Eastgate?

[Leeds No.1]

Perhaps, but The Light will remain successful with a mainstream cinema and gym.

[di Livio]

Originally Posted by this_city

The owners of The Light are looking to sell 50% of their stake.

http://www.thebusinessdesk.com/yorks...news_section=7

I posted that news days ago. Get with the programme, chump.

[this_city]

Originally Posted by di Livio

I posted that news days ago. Get with the programme, chump.

really? i could swear that Business Desk story was posted yesterday which is why i put it on here

where the heck did you post that news anyway you crazy mofo? :p

[di Livio]

Originally Posted by this_city

really? i could swear that Business Desk story was posted yesterday which is why i put it on here

where the heck did you post that news anyway you crazy mofo? :p

Shut the hell up, fool. It was in this month's Estates Gazette.

[this_city]

Originally Posted by di Livio

In the current Estates Gazette, Leeds is ranked in the top ten places to invest in office (4th) and retail (8th and 9th) development. It's the only 'northern' settlement in either ranking.


Also, an investment fund that owns 50% of The Light has put its stake up for sale in order to comply with general ownership laws.

you mean this? you could've posted it in the retail thread as well as the official leeds thread no. 7 but then i guess going against the norm is part of your new badass persona anyway, you were right and i apologise for reposting the same news

[di Livio]

Originally Posted by this_city

you mean this? you could've posted it in the retail thread as well as the official leeds thread no. 7 but then i guess going against the norm is part of your new badass persona anyway, you were right and i apologise for reposting the same news

Good lad.

btw, my last post was tongue-in-cheek, and written in the verbal style of Mr. T. As much as some of this post was written in the style of Brian Clough.

[this_city]

Originally Posted by di Livio

Good lad.

btw, my last post was tongue-in-cheek, and written in the verbal style of Mr. T. As much as some of this post was written in the style of Brian Clough.

ha, yeah i was going to ask you not to pity this fool

[Mister City]

I noticed a branch of The Money Shop pawnbrokers on Call Lane. When did this open? I've never noticed it until yesterday. It looks awful!!

[Aaronj09]

Seen it too, noticed it a few weeks ago, so guess it's been there a while.

[10123]

I think it looks alright tbf, it's the the white above and below the yellow sign that makes it less garish and softens it's appearance, compared to say a Betfred that goes for the largest font/size possible. I quite like the design of the sign which doesn't look as tacky as other establishments.



In this sort of economic climate we should expect more of these kind of stores to flourish across all towns/cities. I suspect in five years time we'll probably see a reversal with these types of establishments closing down/downsizing there presence, that's assuming the economy will have improved since then.

It certainly puts up a good case for companies such as Land Securities/Eastgate having a monopoly over cities as they usually have clear 'aspirational' visions for there retail centre's. Where as individual landlords perhaps don't share the same view.

[di Livio]

A cash for gold shop has opened on Church Street in Wetherby. That's the Wetherby equivalent of having one in the VQ.

[Val Verde]

Originally Posted by 10123

I think it looks alright tbf, it's the the white above and below the yellow sign that makes it less garish and softens it's appearance, compared to say a Betfred that goes for the largest font/size possible. I quite like the design of the sign which doesn't look as tacky as other establishments.



In this sort of economic climate we should expect more of these kind of stores to flourish across all towns/cities. I suspect in five years time we'll probably see a reversal with these types of establishments closing down/downsizing there presence, that's assuming the economy will have improved since then.

It certainly puts up a good case for companies such as Land Securities/Eastgate having a monopoly over cities as they usually have clear 'aspirational' visions for there retail centre's. Where as individual landlords perhaps don't share the same view.

I think such "Loan Shark shops" look bloody awful personally both in appearance and ethically and when too many open in too close proximity to each other it is quite clearly a sign of a high street experiencing decline. Did so many such stores open during the recessions of the early 1980s and early 1990s as I can't remember it personally.

Personally I would shut such conmen down imo.

[Immunda Leodis]

I think that in the 80s more people lived within their means!

I personally don't like pawnshops / payday lenders but nobody is putting a gun to their customers' heads and it could be argued that they are providing a 'service' to customers where mainstream lenders would not deem them creditworthy enough for short term borrowing.

[di Livio]

Originally Posted by Immunda Leodis

I think that in the 80s more people lived within their means!

I personally don't like pawnshops / payday lenders but nobody is putting a gun to their customers' heads and it could be argued that they are providing a 'service' to customers where mainstream lenders would not deem them creditworthy enough for short term borrowing.

I'm not religious, but Jesus was on to something when he chucked the money-lenders out of the temple.

[Immunda Leodis]

Originally Posted by di Livio

I'm not religious, but Jesus was on to something when he chucked the money-lenders out of the temple.

So are you against the idea of anybody ever taking out a mortgage, personal loan, credit card or overdraft then?

[Leeds No.1]

Originally Posted by Immunda Leodis

So are you against the idea of anybody ever taking out a mortgage, personal loan, credit card or overdraft then?

I'm not sure anyone is suggesting such extremities, but there is now a culture that seems to accept the idea that we can happily live outside our means.

The sign value of everything is what people consider, not the real value. This creates real problems when it comes to credit, because it results in crunches, and thus the economy crashes.

Loans that people can't pay back, buy now pay later, overdrafts into money that doesn't exist... It's a very bad way to work- it screws the economy, but it also screws your own personal finances. Of course none of this is a problem if you live within your means.

[di Livio]

Originally Posted by Immunda Leodis

So are you against the idea of anybody ever taking out a mortgage, personal loan, credit card or overdraft then?

Everything except the mortgage.

The issue is the morality of the people who lend.