There's no tram line disruption to Princes Street at the moment. Any problems it has are down to the same ones HMV has everywhere, and Princes Street having very high rents compared to, say, Aberdeen.
Cumulative effect from past disruption? I read something a while back that was saying shops down Princes St. and down the hill to the water had taken a big hit to their turn-overs thanks to the tram disruption and customers going elsewhere.
Certainly I have friends who used to own a furniture shop down near Leith who struggled after the first year of trams, and then had to close the second year.
Oh, there are bound to be affects. But if customers were going elsewhere then it would have made sense to close, say, three HMVs in Edinburgh and see if that caused footfall to increase at the other two.
I’m surprised that all of the HMV shops in Edinburgh are closing. I would have thought that amalgamating the five shops into two or one would have been enough.
I can’t see any useful discussion of FOPP on t’internet. A few people authoratatively guessing that FOPP is doomed or will launch a management buy-out.
Well I think we’re back to conversations passim about the future of the high street once Amazon has disintermediated all the retailers it can.
Specifically, yeah, who is there that would like a very large shop on Princes Street right at the moment? I don’t think it is quite the largest shop that isn’t a department store (I think the bigger H&M is bigger) but it would be in with a shout of being the biggest.
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Certainly I have friends who used to own a furniture shop down near Leith who struggled after the first year of trams, and then had to close the second year.
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I wonder where my nearerst HMV is now?
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As the superlative business commentator of his age, Harry Enfield might have remarked.
Loadsamonay
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I'm amazed they're closing the princes St one, my memory of the place is that it is huge, heaven knows who they'll find to take it over.
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Specifically, yeah, who is there that would like a very large shop on Princes Street right at the moment? I don’t think it is quite the largest shop that isn’t a department store (I think the bigger H&M is bigger) but it would be in with a shout of being the biggest.
Perhaps a total rededication to become a hotel?
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