[NEWS] More Aussie retailers shut up shop

Discussion in 'Markets & Economies' started by Ouch, Jul 25, 2011.

  1. Ouch

    Ouch Active Member

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    Read more: Sydney Morning Herald
     
  2. Old Codger

    Old Codger Active Member Silver Stacker

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    Up market stuff is getting scratched off the shopping list as fast as possible.

    Mens stuff first, then restaurants, travel, and them Mum's stuff, kids last.

    Food, never!



    OC
     
  3. Ouch

    Ouch Active Member

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    Don't restaurants sell food?
     
  4. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    To be honest I've never understood how a lot of these companies exist anyway - their is certainly no way I can justify paying 100%+ premiums for things just for a label and (sometimes) moderately better quality, certainly not on items I can ruin easily like clothing etc.

    My 0 cents coz I'm a scrooge.
     
  5. Old Codger

    Old Codger Active Member Silver Stacker

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    "Don't restaurants sell food?"

    At a slight premium to Coles and Woolies, yes.
     
  6. fishball

    fishball New Member Silver Stacker

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    Yeah but many people would resort to cooking food themselves or fast food (read: cheap food) and a lot of retail food places would suffer.

    Especially those high end restaurants in Darling Harbour amongst others. $60 a person? Yeah, nah.
     
  7. BBQ

    BBQ Member

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    +1
     
  8. Blockhead

    Blockhead Active Member

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    there's a brazilian churrasco joint just a 5 min walk up the road from my place that does all you can eat bbq meat for $35. We call it death by salty meat. At first i thought that was kinda expensive cos i'm also a tightarse, but having dined at other places, it's actually very reasonable for just how much food you can eat.
     
  9. BBQ

    BBQ Member

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    $35 lasts me a week.
    One meal? No chance...
     
  10. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    For some of us all you can eat is always worth the price :lol:
     
  11. Ouch

    Ouch Active Member

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    Eat there once a week and fast for the rest of the week. Same $35. :p
     
  12. hem9

    hem9 Active Member Silver Stacker

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    what the heck do you eat for $35 a week? noodles and water? i just ate in noodle box (noodles, side and water for $22.+)
     
  13. fishball

    fishball New Member Silver Stacker

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    Having lived my cheap uni lifestyle I can attest to that $35 lasts me a week.

    Not the best lifestyle but hey it works.

    Instant noodles, Migoreng, Bread/Eggs/Bacon for sandwich, Avocados, Cheap Mandarins, bulk junk foods like chips, Korean noodles, Instant ramen etc
     
  14. Blockhead

    Blockhead Active Member

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    We got some drunken maccas at about 3am on friday night, happens about once a year. Couple of cheese burgers and some chips, a snack really, $15. I wouldn't call that exactly cheap.
     
  15. hem9

    hem9 Active Member Silver Stacker

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    yup $35 a week, when you get to your 40's, you will have a couple of thousand $$ in health care costs.
     
  16. fishball

    fishball New Member Silver Stacker

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    Hell yeah. Definitely not a recommended long term thing, heck even short term it's really bad for your health.

    Just sayin it's possible and if every dollar counts then some people will definitely resort to doing that.
     
  17. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    The unemployment that is coming from the struggling retail sector will be significant, and that will the bring down importers and wholesalers who will shed jobs as well, and that will effect freight companies, landlords, Australian manufacturers and many others.

    All of the people that are currently slamming retailers for "overcharging" might find their own employment effected very soon as a result. If you don't support Australian businesses then they will close, and a shop closing effects far more people and industries than just the retail sector, on fact most of Australia's economy and employment comes from retailers. I am not excusing those who blatantly overcharge, but consider that no company owner want's to see their stores closing and their businesses shrinking, so if the companies listed in the article are really making huge fat from overcharging then how come they are struggling to stay open?
     
  18. BBQ

    BBQ Member

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    I make my own meals. Rice and pasta and potatoes and wheat (flour) are the core ingredients.
    Vegetables and fruit on top of that.

    Noodles are actually high-cost items in the scheme of things (gram for gram), as are most pre-packaged processed foods. You can actually buy 500 grams of pasta for the same cost as your average 100-ish gram noodle pack.

    I make my own bread and sandwiches feature in the weekly budget too. Delicious ones. I don't eat meat.
     
  19. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    Answer is they are not making huge profits their paying high rents and labour costs and struggling to compete due to it. the 100%+ I referred to was not because their in an Australian store, I buy my clothes in Australian stores (electronics is another story love you online gadgets) - but because they sell a label perceived as having a silly premium over cheaper stuff I can get @ Rivers or Target. As I said above I get a label and sometimes a moderately better quality product for a silly hike in price and it's not for me the ratio of reward(quality goods) vs. outlay (price) doesn't balance for me.
     
  20. Argentum

    Argentum Active Member

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    thats funny called BBQ and doesnt eat meat ; i know u can use a BBQ for vegies too but mostly its meat
     

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