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Old June 23rd, 2011, 11:01 AM   #301
denm
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It's always good to see new retailers setting up in the City, ----there can't be many units left to fill in the Bridges now.
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Old June 23rd, 2011, 03:40 PM   #302
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It's always good to see new retailers setting up in the City, ----there can't be many units left to fill in the Bridges now.
Plenty of space for a couple more Greggs.
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Old June 25th, 2011, 11:24 AM   #303
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Plenty of space for a couple more Greggs.
---Lord how many Greggs is there in the City now, --must be at least half a dozen.
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Old June 27th, 2011, 05:43 PM   #304
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---Lord how many Greggs is there in the City now, --must be at least half a dozen.
Prefer Peters myself.
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Old June 28th, 2011, 10:39 AM   #305
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Prefer Peters myself.
Aye we quite like their bakery too.
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Old June 28th, 2011, 10:43 AM   #306
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Heard on the news this morning, --that TJ Hughes Company are in trouble, ---probably means a sell off, ---wonder if the Sunderland Store will go the journey.
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Old June 28th, 2011, 11:11 AM   #307
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Re

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From the "Department Stores" thread, on the Newcastle Forum . . .

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Management buy out at TJ Hughes
By Holly Williams, The Independent, 26th March 2011



The Discount Department Store group, TJ Hughes, has been sold to its management in a private equity-backed deal.

The Liverpool-based firm, which has 57 stores and more than 4,000 employees, is being bought for an undisclosed sum by a team led by recently appointed chief executive Beatrice Lafon with financing from turnaround specialists Endless.

Its previous owner Silverfleet – the private equity group that snapped up shoe retail firm Office in December – bought TJ Hughes for about £70m in 2003.

The sale follows recent reports that TJ Hughes has been hit by the withdrawal of credit insurance for its suppliers after a battle to secure working capital.

TJ Hughes is completing a refinancing with Burdale, which is an arm of Bank of Ireland.


Read More - http://www.independent.co.uk/news/bu...s-2253459.html
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TJ Hughes on the brink of administration
June 27th 2011, Andy Dawson, Bitter Wallet


Sadly, Britain is going Retail Deathwatch crazy this week and another one looks set to bite the dust.

TJ Hughes has filed an intention to appoint an administrator, which could mean the closure of their 57 stores and job losses for as many as 4,000 staff.

The discount department store has been around since 1912 but is believed to have needed a £30 million cash injection in order to survive, something it hasn’t been able to achieve.

The Guardian are reporting that a pre-pack administration could be on the cards, where TJ Hughes’ owner acquires the most profitable stores and hangs the rest out to dry along with its debts. There’s classy, eh?

TJ Hughes follows fashion chain Jane Norman, Habitat and Homeform, all of whom have headed down the retail dumper in the past few days.


Read More - http://www.bitterwallet.com/deathwat...stration/46302
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Old June 28th, 2011, 02:51 PM   #308
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WHilst I obviously hope for the sake of the people who work there that a buyer is found, if the TJ Hughes in Sunderland becomes empty, it'd be a fantastic opportunity to demolish one of Sunderland's ugliest buildings and replace it with a 'proper' train station...
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Old June 28th, 2011, 03:11 PM   #309
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WHilst I obviously hope for the sake of the people who work there that a buyer is found, if the TJ Hughes in Sunderland becomes empty, it'd be a fantastic opportunity to demolish one of Sunderland's ugliest buildings and replace it with a 'proper' train station...
I see your point but it would be a shame to see more job loses in Sunderland city centre.
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Old June 28th, 2011, 03:19 PM   #310
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I see your point but it would be a shame to see more job loses in Sunderland city centre.
Ideally you could have TJ Hughes relocate to the soon-to-be-vacated Primark, and still get your new train station

That's all unlikely to happen now though.
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Old June 28th, 2011, 07:44 PM   #311
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Tucci has moved to a smaller unit next to Next
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Old June 29th, 2011, 10:02 PM   #312
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Ideally you could have TJ Hughes relocate to the soon-to-be-vacated Primark, and still get your new train station

That's all unlikely to happen now though.
Agreed the TJ Hughes building is a horrible building
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Old June 30th, 2011, 11:21 AM   #313
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Agreed the TJ Hughes building is a horrible building
Yeah I agree about the building, --but think we are stuck with it, --don't think it will be demolished.
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Old June 30th, 2011, 11:28 AM   #314
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I see your point but it would be a shame to see more job loses in Sunderland city centre.
It will be a real shame if jobs are to be lost, --but we shouldn't be too surprised if there are more job losses with more firms struggling.
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Old June 30th, 2011, 12:51 PM   #315
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Yes, and remember it was Index who were based in that building before TJ Hughes. Not a good omen really. Although a new train station to replace the building is a great idea, it just doesn't make economical sense at all. Having a grand above ground concourse would improve the image of the city, but it's not going to increase passenger numbers. As denm says, we're basically stuck with it for the foreseeable future.
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Old July 5th, 2011, 09:32 AM   #316
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Yes, and remember it was Index who were based in that building before TJ Hughes. Not a good omen really. Although a new train station to replace the building is a great idea, it just doesn't make economical sense at all. Having a grand above ground concourse would improve the image of the city, but it's not going to increase passenger numbers. As denm says, we're basically stuck with it for the foreseeable future.

Yeah I agree, ----it would be great if there was a new station building on that site, --I honestly can't see this happening, ---and if the TJ Hughes is to close, ---we have to hope the building is not left empty for long.
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Old July 5th, 2011, 12:09 PM   #317
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Oh, I don't think it'll happen - just pointing out the opportunity that would present itself. Lots of opportunities have presented themselves to Sunderland City Council, but....

I think Graham identifies the real problem. If the TJ Hughes/Index/Littlewoods building becomes empty, it'll join the soon to be empty Primark building on Fawcett Street and the empty Joplings site. There's only so many customer service centres the City Council can open in large former retail sites.
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Old July 5th, 2011, 03:32 PM   #318
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Oh, I don't think it'll happen - just pointing out the opportunity that would present itself. Lots of opportunities have presented themselves to Sunderland City Council, but....

I think Graham identifies the real problem. If the TJ Hughes/Index/Littlewoods building becomes empty, it'll join the soon to be empty Primark building on Fawcett Street and the empty Joplings site. There's only so many customer service centres the City Council can open in large former retail sites.

Lets hope there are retailers who will move into theses buildings, --the last thing we need is for them to stand empty --and then become derelict.
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Old July 5th, 2011, 07:48 PM   #319
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On another note, does anyone agree it's worth raising the profile of the question of an SAFC club shop in the city centre? Quinny and the club board would be a good place to start, and possibly Land Securities to garner some background info?
Rumour going about that Quinny is ready to walk away from SAFC but that rumour has been floating about since he "kicked off" about the fans watching matches in bars rather than going to the games. Interesting article in tonight's Echo regarding the city centre from Linda Collins. I really want to defend Crowtree and Sunderland but to a large extent she is right. She basically said the place was a dump and the councillors should take a walk around the place. Anyway, get back on track, does the club not have some retail space in Debenhams? I think a club shop in Durham would do very well.
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Old July 6th, 2011, 12:12 PM   #320
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Rumour going about that Quinny is ready to walk away from SAFC but that rumour has been floating about since he "kicked off" about the fans watching matches in bars rather than going to the games. Interesting article in tonight's Echo regarding the city centre from Linda Collins. I really want to defend Crowtree and Sunderland but to a large extent she is right. She basically said the place was a dump and the councillors should take a walk around the place. Anyway, get back on track, does the club not have some retail space in Debenhams? I think a club shop in Durham would do very well.


I've heard those rumours about NQ, ---lets hope that's all they are though,

Regarding Linda Collins, -----certainly there are run down areas in the City that need improving, --think everyone knows this, --and for all she makes the point, ---this isn't the first time she has had a pop at Sunderland, ----strange, --but I can't remember reading any article were she praises any of the good areas of Sunderland.

As for SAFC, --yes you are right, ----SAFC do have retail space in Debenhams, --and I agree --a shop in Durham would be a good idea.
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