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Post by Noberator on Jan 15, 2013 12:35:09 GMT 1
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Dai
Tea Maker
I Still love Laser Tools!!!!
Posts: 365
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Post by Dai on Jan 15, 2013 13:37:57 GMT 1
Jessop's have gone aswell
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Post by natedog on Jan 15, 2013 14:11:44 GMT 1
I think gift vouchers from any company are to be avoided at the moment
sent from my HTC using proboards android app
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rpm
Apprentice
Posts: 1,504
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Post by rpm on Jan 15, 2013 16:57:02 GMT 1
It annoys me that gift vouchers cant be used. The majority have probably been bought for kids to use, and its money the business has received and no goods received. I wonder if it could actually be challenged legally? Not got any but its always the innocent that suffer. I doubt if the management or the receivers will not get paid. And what about the staff wages; Id be very nervous if I was working there. Shit start to 2013 for a lot of people
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Post by rhyds on Jan 15, 2013 18:38:05 GMT 1
A gift voucher is an IOU. Nothing more, nothing less. The problem is this country's aversion to simply giving someone the cash directly.
HMV is a strange one, as it wasn't only thrashed by the online shops, but there are other shops on the high street (The entertainer and such like) that sold the same stuff for half the price. Loose the debt and some of the shops might be viable, but with a faster moving range and much more sensible prices.
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Post by natedog on Jan 15, 2013 18:47:48 GMT 1
aren't you just classed as a creditor though? so as they only owe you a few quid, you're way way down the list of people who even stand the slightest chance of getting any of the debt repaid
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Post by rhyds on Jan 15, 2013 19:33:17 GMT 1
aren't you just classed as a creditor though? so as they only owe you a few quid, you're way way down the list of people who even stand the slightest chance of getting any of the debt repaid I think that is the case.
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rpm
Apprentice
Posts: 1,504
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Post by rpm on Jan 15, 2013 19:45:17 GMT 1
An IOU, probably, but its money paid out in good faith for items to be issued.
Its not a goodwill payment, or a loan (it is in effect though), or anything else. The money was taken, the transaction is incomplete (in my mind anyway).
I understand about no returns (even faulty items) , but I dont agree with it, in that you can claim from the manufacturer.
No doubt the policy on gift vouchers is legal, but at the very least its immoral; as is the amount of money the liquidators will take.
They will get their £xxx per hour, while the little kid wont get to see his dvd that granny bought and sent in the post
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gasmonkey
Tea Maker
At an Oscilloscope near you.
Posts: 444
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Post by gasmonkey on Jan 15, 2013 23:48:14 GMT 1
No doubt the policy on gift vouchers is legal, but at the very least its immoral; as is the amount of money the liquidators will take. Your point about the moral issue, rpm, is made all the more interesting when you consider that in December (no doubt the month that the majority of those vouchers were sold) HMV announced that they were unlikely to continue to meet their loan obligations. So they sold these vouchers knowing that they were in danger of not being able to honour them. Immoral indeed.
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Post by grimep on Jan 16, 2013 18:53:22 GMT 1
Blockbusters as well..
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Post by Rhubarb on Jan 16, 2013 19:06:54 GMT 1
Just seen this on the headlines We won't have any shops left at this rate! That's 3 large ones in a week
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Post by minimatt on Jan 16, 2013 19:07:31 GMT 1
So whos next then?
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Post by grimep on Jan 16, 2013 19:58:15 GMT 1
I can't see how most retail parks can go on supporting a B&Q and a Homebase.
Wonder what Halfords sales figures are looking like....
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Post by Karl on Jan 16, 2013 20:00:37 GMT 1
Tiles r us
Or floors to go go
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Post by beetlefan on Jan 19, 2013 23:56:35 GMT 1
I wonder how you would stand if you went into one of these stores thar are in admin plonked your gift vouchers down and walked out with goods of the equivalent value?
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