kilmaccumsey
Well-Known Forumite
I noticed quite a few men playing games in the Shrew one Sunday .mmm I will rephrase that looks like they were gamers .you get my drift
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Stafford shops closing - Turning into a ghost town?
- Thread starter Goldstyle Limousines
- Start date
proactive
Enjoying a drop of red.
Is that what's called being stuck between a rock and a hard place?
Wormella
Well-Known Forumite
That will be the weekly boardgame bash - also a fab group
Mudgie
Well-Known Forumite
I remember one of these in the Railway when Lee Middle kept it nearly fifty years ago
Mudgie
Well-Known Forumite
I think it's known as a distress purchase.
Thehooperman
Well-Known Forumite
Glad you enjoyed it and hope you saved a few pennies in the process
Mudgie
Well-Known Forumite
No, not me, but I know someone who did.Glad you enjoyed it and hope you saved a few pennies in the process
Noah
Well-Known Forumite
Not quite a proper Devil amongst the Tailors board
That’d be me then. At least until the ripoff bastards put the price of the coffee up to £1-10.
It was a handy place to go while I waited for the post office to open so I could cash me giro. I don’t do online
Mudgie
Well-Known Forumite
Indeed, but an approximation I found easily.
I've not looked if there's one in The Emporium at 1 Market Street that opened last year in a closed shop ( back on topic )
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Cue
Well-Known Forumite
Ah damn, that sucks.
They had surprisingly good food and the staff were always really chill
Weird that they haven’t posted on socials yet
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Cue
Well-Known Forumite
Yep, been down there today… Geek Retreat is indeed closed
That really does suck, the owners and staff were passionate about that business and it always sucks to see that get stamped out. I don’t think they could have been doing too terribly if they were about to hire more staff either?
That really does suck, the owners and staff were passionate about that business and it always sucks to see that get stamped out. I don’t think they could have been doing too terribly if they were about to hire more staff either?
Cue
Well-Known Forumite
Either way it’s a very sudden closure if they were doing that
Especially with the knowledge that 20 other Geek Retreats closed last year, and a bunch of them have stopped posting on socials recently.
Realistically it’s not the kind of place that would fall over if their staff all left overnight as the owners were very present.
Cue
Well-Known Forumite
Through the grapevine…
Sounds like head office weren’t happy with the numbers, I suspect they’ve just done a cull of a few shops too given how many have gone quiet.
Of course what they deem to be good profits is different to what is able to sustain a business, as it sounds like they take 8% of revenue. Entirely possible they had the same targets for a Stafford franchise as a Stoke or Birmingham franchise which is totally unrealistic, but we will likely never know.
Daft really, it’s not like it costs central much to have a franchise running.
Sounds like head office weren’t happy with the numbers, I suspect they’ve just done a cull of a few shops too given how many have gone quiet.
Of course what they deem to be good profits is different to what is able to sustain a business, as it sounds like they take 8% of revenue. Entirely possible they had the same targets for a Stafford franchise as a Stoke or Birmingham franchise which is totally unrealistic, but we will likely never know.
Daft really, it’s not like it costs central much to have a franchise running.
tek-monkey
wanna see my snake?
Cue
Well-Known Forumite
Assuming they were, yeah.
The lease will be with the franchisee company, so they’re on the hook for that anyway - might as well at least try, right? Not having to pay 8% of revenue and buy stock at higher than you can buy it elsewhere (yep, GR profit on selling their franchises stock and take a revenue cut) would help too.
That being said it depends on whether there’s any non-compete clauses in the license agreement, they’re completely unenforceable for employer/employee relationships but B2B is a different matter. And the owners really got put through the wringer with the flooding, the break in (IIRC?), various issues with the utilities, etc so I wouldn’t blame them for cutting their losses even though they’re clearly really passionate about this.
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