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Retailers prepared for failure

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    #11
    Its not been a good xmas. I'm below my worst expectations and the New Year is only going to get tougher.
    What happens in General, stays in General.
    You know what they say about assumptions!

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      #12
      Whittard of Chelsea on brink of administration

      http://www.telegraph.co.uk/finance/n...istration.html

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        #13
        Aren't Starbucks in big danger? Seems to me they're big in all the places hit hard by the credit bubble collapsing.
        Speaking gibberish on internet talkboards since last Michaelmas. Plus here on Twitter

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          #14
          Originally posted by MrMark View Post
          Aren't Starbucks in big danger? Seems to me they're big in all the places hit hard by the credit bubble collapsing.
          Round the city they still look busy to me.

          But apparently margins are wafer thin as rents are so high.

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            #15
            High Street shops to launch biggest ever pre-Christmas sales

            Shops will embark on their biggest ever pre-Christmas sales in a desperate bid to raise cash in the last 48 hours before December 25.
            It's all about cash flow. Lack of that is the primary cause of bankruptcies,
            Behold the warranty -- the bold print giveth and the fine print taketh away.

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