UK high street bloodbath as Pets at Home, Asda and Schuh cut thousands of jobs

6 comments

1. This can’t come as a shock to Westminster.

2. Lots of companies using NI as an excuse to make cuts they were going to make anyway.

3. Sorry, maybe Schuh might be a high-street store, but there really are far too many shoe shops anyway. ASDA donate to the Tories, and are I think one of the worst supermarkets. I’d hate them for donating at all though, irrespective of the party. Pets at Home sell terrible pet food. All salt and sugar from the large brands. Funnily enough it’s a bit like ASDA but for animals. Out of all of them, this one makes me the happiest. A few people losing their jobs will likely increase pet health across the country. All three also tend to favour slightly out of town commercial estates, which are some of the ugliest things humans build.

   It’s bad luck for the front-line staff, but ultimately I don’t believe any of these organisations actually add anything important to the nation or the culture. With all of our political parties united in putting the economy ahead of happiness, measured decline should be the aim of the game. Not measured decline of public services provision though, but measured decline in profit. Previous governments attracted ‘investment’ like this, and it simply doesn’t benefit us. If they’re weak and on the way out anyway then it’s better to see a temporary reduction in jobs to prevent the quality of them being held artificially low in the future. I only hope their valuations fall sufficiently to call in their debt as a result.

   The answer to the constant worries by government about productivity should be to be less productive. It doesn’t really benefit *us* to be productive, just their donors. Let our leaders fail the tasks given to them.

4. ASDA is saddled with a lot of private equity debt, they will only get worse as they attempt to service the interest.

5. And the govt

6. Pets at home do you ever see more than 4 people in store at any one time. All those animals to look after it’s just a retail zoo. Amazingly the tills don’t ring.

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