In the car is the only placeI I listen to it. Younger kids just Bluetooth their phones to the radio. Funny, my wife was just complaining about all the ads on radio.
Retail Wreckage
- Thread starter greggles
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Yes i bypass ads no radio during work/school drive, when driving: ads starting triggers station change.how sustainable is that?
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The T.V model will change IMO, ATM they rely on advertising money to survive, in the future this will be a supported by a subscription model.Something I'm wondering about is the mainstream media?
Printed newspapers and magazines are stuffed as a business and TV isn't doing much better, radio's the only form of traditional media that seems to still have much of its relevance intact although even that has reduced to some extent.
If there's a broader economic contraction with retail then doesn't that mean less advertising? Will that push one of the TV networks over the edge into collapse for example?
Once the NBN is completely rolled out, the T.V networks will move the high margin content onto it.
It will be legislated they have to keep one channel on free to air, eg 2,7,9,10, but the remainder 7mate, etc will be pay to view over the cable.
This will have a two fold effect, one those who don't want or use the internet, still get 'some' free to air and secondly it frees up more bandwidth that can be sold into 5G.
The pay to view model will reduce the pressure on the T.V stations to fight with the online competition for advertising dollars and it becomes a 'user pays' system.
They don't put a sign in the top left hand corner of your T.V, saying "Live and Free" for nothing, it is telling you one of the two is going to disappear my guess is the "Free" bit.
That will be another reason the 'service' charge is going to happen, because when the T.V stations move to that model a lot of people will say, "stuff it I will go wireless and disconnect the NBN.
Like I've always said, the NBN always was a disgrace, the telecommunications companies should have had to put it in, all that has happened is we have been made to pay for the rod that they will whip our backs with.
Just my opinion.
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We only listen to Smooth FM on the DAB radio no ads, I don't know how long that will last for, but good ATM.
PZ99
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Triple M classic rock DAB for me - most of it is voice tracked, so it's cheap to run.
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Good articles sptrawler, I think you are right about that, i.e. the peak of automotive sales. I am intrigued by all the new cars on the road and hardly any older cars unless it is some collectible or an old muscle car driven by an enthusiast. If you simplify it down, if everybody has bought a new car and they don't plan to replace it straight away (at least hold it for 5 to 10 years), then it's likely there will be a glut of new cars at showrooms and dealers. There will be a few fleet and business vehicle sales but perhaps not the mass general public buying frenzy, hence possibly reaching the peak.
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Maybe already posted by some of my ignore list, but Colette brand of clothing apparels collapsed today
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Hey froggy, can you see this ?
https://www.abc.net.au/news/2020-02...ette-hayman-voluntary-administration/11928510
https://www.abc.net.au/news/2020-02...ette-hayman-voluntary-administration/11928510
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y
yes SirRumpole, you are not in my ignore listHey froggy, can you see this ?
https://www.abc.net.au/news/2020-02...ette-hayman-voluntary-administration/11928510
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I see that the inevitable has happened and K&D Warehouse in Hobart is closing.
It's not a business collapse, they've sold the site (an entire block in the CBD) for redevelopment so it's a planned exit, but it's somewhat a "how not to" lesson in running a business.
K&D's history goes back to 1902 but the point of significance is that the Warehouse was opened ~9 years before another company, Bunnings, decided to adopt the same concept for retailing hardware in Australia.
Had K&D aggressively expanded at the time, they could easily have ended up as a national chain indeed they did at the peak have multiple stores in Tas and a few in Victoria. Reality though is that Bunnings did it better and expanded far more aggressively. End result is there's at least 3 Bunnings stores in Hobart (well, there were 3 when I left Tas in 2018 so I assume there's still 3) and plenty of others around the state and around the country but K&D is now kaput.
Moral of the story - if you've got an idea that nobody else is doing then act quickly before someone else gains a foothold.
It's not a business collapse, they've sold the site (an entire block in the CBD) for redevelopment so it's a planned exit, but it's somewhat a "how not to" lesson in running a business.
K&D's history goes back to 1902 but the point of significance is that the Warehouse was opened ~9 years before another company, Bunnings, decided to adopt the same concept for retailing hardware in Australia.
Had K&D aggressively expanded at the time, they could easily have ended up as a national chain indeed they did at the peak have multiple stores in Tas and a few in Victoria. Reality though is that Bunnings did it better and expanded far more aggressively. End result is there's at least 3 Bunnings stores in Hobart (well, there were 3 when I left Tas in 2018 so I assume there's still 3) and plenty of others around the state and around the country but K&D is now kaput.
Moral of the story - if you've got an idea that nobody else is doing then act quickly before someone else gains a foothold.
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The Bunnings, Wesfarmers story, is an amazing read, they have been a great investment, from Franked Income Fund to Wesfarmers great investment. Still hold and probably always will, I can't see the catch.com purchase being a backward step either.
https://www.bunnings.com.au/about-us/history
https://en.wikipedia.org/wiki/Wesfarmers
https://www.bunnings.com.au/about-us/history
https://en.wikipedia.org/wiki/Wesfarmers
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The Bunnings, Wesfarmers story, is an amazing read, they have been a great investment, from Franked Income Fund to Wesfarmers great investment. Still hold and probably always will, I can't see the catch.com purchase being a backward step either.
https://www.bunnings.com.au/about-us/history
https://en.wikipedia.org/wiki/Wesfarmers
Interesting sptrawler. What do you think about the Wesfarmers Ltd (WES) decision to spin off Coles supermarket chain, currently trading as Coles Group Ltd (COL) ? Is it to get out of supermarket retail due to too much competition (Coles +Woolies +Aldi +IGA +Costco / (-ve Kaufland)) ?
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I think WES spun it off as there is very little room for rapid growth in that space, as you say there is a lot of competition, it is low margin and has big overheads. By the way I still have the COL shares.
The purchase of catch.com probably has more upside, with much smaller overheads and a much smaller workforce.
How they grow catch will be interesting, but it should intergrate with K Mart, Bunnings, Target etc with the click and collect pickup facility.
However online is also becoming crowded, 25 million population isn't a large population to support all these retailers.
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Coles Group Ltd (COL) has had a nice run in the share price since listing. Good on ya
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Japan Post wont be happy, I wonder if the I.T system came with TOLL, or Japan Post put their own in when they bought Toll out?
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Off topic and just my opinion: Should not pay ransom as it sets the example of giving into evil monsters of the society. Same with hackers/kidnappers/catfishers. Should make it ABSOLUTE law to get these monsters to pay a minimum of 10x of the amount asked as ransom if they are caught. Could be higher than 10x (+very long jail sentence) if ransom is asked for kidnapping kids etc (imagine the pain and suffering and worry of being assaulted/raped of your child through the whole ordeal !!)
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George Calombaris' ailing food empire came crashing down on Monday with restaurants closed, administrators appointed and the celebrity chef's Toorak mansion put on the market
https://www.theage.com.au/national/...is-food-empire-collapses-20200210-p53zgl.html
Calombaris said he was "gutted" by what had happened to his business and apologised to his family, friends, staff, 400 of which will lose their jobs, and customers.
The administrators cited difficult trading conditions – in the wake of the company being rocked by a major underpayment scandal – as a reason for the collapse of the business.
Employees will be paid all entitlements owed, the administrators said.
https://www.theage.com.au/national/...is-food-empire-collapses-20200210-p53zgl.html
Calombaris said he was "gutted" by what had happened to his business and apologised to his family, friends, staff, 400 of which will lose their jobs, and customers.
The administrators cited difficult trading conditions – in the wake of the company being rocked by a major underpayment scandal – as a reason for the collapse of the business.
Employees will be paid all entitlements owed, the administrators said.
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Unfortunately in Western Society today, there is very little respect for anything, so I think these problems are going to get worse before they get better. That is if they get better at all?
Just take our media, they constantly harass anyone over anything be it a personality a politician, the royal family, respect is the last thing on anyone's mind.
Just my opinion.
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Another Moral of the story is if you ARE going to copy the idea you had better do a brilliant job of it or have a profound point of difference (copy fail: Masters Home Improvement)Moral of the story - if you've got an idea that nobody else is doing then act quickly before someone else gains a foothold.
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