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Old 22-03-2009, 17:04   #12
lindsay ormerod
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Re: one more to close

Quote:
Originally Posted by flashy View Post
went to Blackpool yesterday and it appears that NOT ALL the Diamonds and Pearls shops have closed down, i was in the Houndshill Shopping Centre and the one in there is still open...how odd
When administrators are called in they shut the least profitable stores first, and try to find buyers for the ones that are still making money. The rent on that unit is ridiculously high for the turnover you would get from that product. What I find odd about it is the fact that the stock is still in there, in my experience the stock is quickly shipped out to a profitable store.
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