Lxxx Posted August 17, 2017 Share Posted August 17, 2017 1 hour ago, thommo2010 said: Been confirmed that jd are taking that new building in strand street At least it may cut out a lot of internet shopping and shopping across, keeping more money on the island. For too long the absolute dearth of shopping options here has forced people onto the internet but maybe this will change slightly. If a few smaller outlets go out of business then so be it, public demand will always create it's own market. Link to comment Share on other sites More sharing options...
Rhumsaa Posted August 17, 2017 Share Posted August 17, 2017 On 09/08/2017 at 0:26 PM, 2112 said: JD Sports are the owners of Millets which are fitting out their new larger premises at Tower House. I don't know who is going to take the new glass fronted building next to Top Shop. I would doubt another sportswear shop would open. Mind you the owner of Sports Direct has large shareholdings in other various well known high street retailers. Sports Direct own 26% of JD Sports? Link to comment Share on other sites More sharing options...
notwell Posted August 17, 2017 Share Posted August 17, 2017 33 minutes ago, Rhumsaa said: Sports Direct own 26% of JD Sports? That's not correct to my knowledge. I think perhaps 6%. Link to comment Share on other sites More sharing options...
Rhumsaa Posted August 17, 2017 Share Posted August 17, 2017 8 minutes ago, notwell said: That's not correct to my knowledge. I think perhaps 6%. fair enough - I got my info from the internet so I may well be incorrect Link to comment Share on other sites More sharing options...
2112 Posted August 17, 2017 Share Posted August 17, 2017 Sports Direct have sizeable stakes in Debenhams, and also bought shares in French Connection. If they buy more, they will nearly own the company. Link to comment Share on other sites More sharing options...
2112 Posted August 17, 2017 Share Posted August 17, 2017 1 hour ago, Lxxx said: At least it may cut out a lot of internet shopping and shopping across, keeping more money on the island. For too long the absolute dearth of shopping options here has forced people onto the internet but maybe this will change slightly. If a few smaller outlets go out of business then so be it, public demand will always create it's own market. It's possible that lots of island residents buy from the internet, hence now it's possibly viable to set up a store. Lots of people, including myself, buy online from Cotton Traders. Either it gets delivered here, at home or in store or at a UK address. I'm sure lots of island residents buy online from Sports Direct, and also buy at SD stores in Liverpool, Lancaster and Manchester etc, and in turn SD may have customer information and details, such as addresses etc. Link to comment Share on other sites More sharing options...
Lxxx Posted August 17, 2017 Share Posted August 17, 2017 1 minute ago, 2112 said: It's possible that lots of island residents buy from the internet, hence now it's possibly viable to set up a store. Lots of people, including myself, buy online from Cotton Traders. Either it gets delivered here, at home or in store or at a UK address. I'm sure lots of island residents buy online from Sports Direct, and also buy at SD stores in Liverpool, Lancaster and Manchester etc, and in turn SD may have customer information and details, such as addresses etc. I think it's all about turning purchasing into more of a shopping experience again, which living on an island can only be good for the economy. Won't keep the think afloat mind but it'll keep a few lower paid workers in a job for a few more years. Link to comment Share on other sites More sharing options...
notwell Posted August 17, 2017 Share Posted August 17, 2017 That's the spirit Link to comment Share on other sites More sharing options...
Neil Down Posted August 17, 2017 Share Posted August 17, 2017 44 minutes ago, Lxxx said: I think it's all about turning purchasing into more of a shopping experience again, which living on an island can only be good for the economy. Won't keep the think afloat mind but it'll keep a few lower paid workers in a job for a few more years. what "lower paid" workers would these be then? Link to comment Share on other sites More sharing options...
Lxxx Posted August 17, 2017 Share Posted August 17, 2017 Just now, Neil Down said: what "lower paid" workers would these be then? Granted I haven't worked in JD Sports but I'm assuming they're not paid much more than minimum wage. Link to comment Share on other sites More sharing options...
Neil Down Posted August 17, 2017 Share Posted August 17, 2017 2 minutes ago, Lxxx said: Granted I haven't worked in JD Sports but I'm assuming they're not paid much more than minimum wage. A nephew of mine did a summer season in two of their stores and earned on average £7.45 an hour. Ever so slightly better than min wage over here. Didn't they get a hammering recently on their warehouse / zero hours contracts? Link to comment Share on other sites More sharing options...
notwell Posted August 17, 2017 Share Posted August 17, 2017 That's the nature of shop work (certainly multi nationals). Especially when all they really employ is stockers and till people. They are not really looking for stellar sales people. It's a job pretty much anyone can do. Which is why the pay isn't great. Link to comment Share on other sites More sharing options...
the stinking enigma Posted August 17, 2017 Share Posted August 17, 2017 How much are we giving them to come here? Link to comment Share on other sites More sharing options...
notwell Posted August 17, 2017 Share Posted August 17, 2017 What do you mean "giving" them? They are coming here because they think they can make money (which most of them do very well in the IOM). Someone owns the property in Strand Street and has built it. JD sports will take a lease (like Top Shop did next door) and fit it out. Not sure there is anything overly complicated about it. They, and other multinationals, are doing it all over the UK. Link to comment Share on other sites More sharing options...
Numbnuts Posted August 17, 2017 Share Posted August 17, 2017 9 hours ago, thommo2010 said: Been confirmed that jd are taking that new building in strand street Not according to the guys working on it ! They told me it's Sports direct going there Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.