Marius Pantea’s Post

Jonathan Reynolds MP maybe its time for a review of the administration process? What I find hard to swallow is when companies say they put the customer first...until things go wrong! here are a few suggestions.. 1...print on all debit cards a warning that you are not covered by credit protection if things go wrong ( we can put warnings on cigarettes! ) 2.. Make it easy for anyone who lost money to at least claim the VAT part back from HMRC as they didnt get the goods or services they were paying for? 3...How can companies still trade when they are so much in debt? maybe the thresholds for administration need to be lower stopping a company trading if they owe so much! 4...Give all instore customers the exact same rights as online especially around changing your mind or a refund. And finally to companies out there who think they put their customers first, stop accepting debit or cash payments for pre orders, offer a pay on delivery day option and stop taking customers money when you know full well you are in trouble!

LL Flooring is the latest retailer to announce a Chapter 11 filing. Known for years as Lumber Liquidators, the company announced the closing of 94 stores with plans to keep 300 units open. The company started out as a "closeout" retailer selling excess wood from other companies. The company rebranded to the LL Flooring brand in 2020. LL Flooring's announcement runs parallel with Big Lots announcement of closing 315 stores. The roots of both retailers harken back to selling closeout goods providing great margins and favorable prices to their customers. It's difficult to scale up a retail business with foundation built around closeouts. TJ Maxx & HomeGoods have mastered their evolution from the closeout business more so than others to date. Let's hope that LL Flooring and Big Lots can continue to find the right mix of inventory that works for their respective businesses and their customers. #retail #retailnews #retailtrends #closeouts #bankruptcy #cre #flooring https://lnkd.in/gnxBtuJA

Here's the latest from Tempur Sealy International on its proposed acquisition of Mattress Firm and the Federal Trade Commission's move to block the deal. Check out the details from Furniture Today. #mattressindustrynews #mergersandacquisitions #beddingindustrynews #wevegotyoucovered #FTnews

With property transactions rising for the fourth consecutive month—7% in July alone—there's no better time for skilled carpet and flooring installers to make an impact. Read the attached article to gain further insight. 🏠 With the UK selling over 90,000 homes in July, the demand for new flooring is rising. With some large retailers absent from the national market, the 3,500 independent carpet retailers across the UK have a unique opportunity to stand out. ✨ Homeowners will look to professionals to help transform their spaces. If you are a local small carpet and flooring business, there is no better time to offer great value and high-quality installations to help meet this growing demand and position your business for success in a gaining market. If you need support to make the most of this opportunity, please get in touch with us to book an in-person or virtual appointment: 📞 Call us on ‪01322 940979‬ 💬 Message us via https://lnkd.in/d3yj6QP9 ✉️ Email: info@helpsathand.co.uk Help's at Hand offers support with #diaryManagement. We act as a #PersonalAssistantUK and #virtualassistantuk working with #EmailManagement to avoid #inboxoverload, specialising in #adminsupport #customersupport #websiteservices #socialmediahelp and #invoicing #smallbusinessuk #smallbusinesssupportuk #newbusinessuk #growingyourbusiness #carpetfittersuk #LondonBusiness #KentBusiness #DartfordBusiness #SurreyBusiness Sometimes, it's not just about delegating tasks but having a coach or mentor to listen, guide, and support you on your journey. 🎯 Having someone in your corner can significantly improve your confidence and decision-making!

🚨 Breaking News 🚨 🔍 It's a tough time for the retail industry as Carpetright is facing the risk of collapse, putting 1,800 jobs in jeopardy. The struggling economy has taken a toll on many businesses, and Carpetright is no exception. 💼 We need to come together as a community and support those affected by this potential collapse. Our thoughts are with the employees and their families during this uncertain time. For more information, visit the full article on BBC.com. #Carpetright #RetailCrisis #SupportLocalBusinesses https://ift.tt/pTnFvQk

🚫 Carpetright is facing tough times, with 1,800 jobs at risk as it struggles to stay afloat. The BBC reports that the company is on the brink of collapse. This is worrying news for employees and the industry as a whole. It's crucial for us to support those affected and to recognize the challenges the retail sector is currently facing. Let's hope a solution can be found to save these jobs and keep this iconic brand afloat. #Carpetright #RetailCrisis #JobLosses https://ift.tt/pTnFvQk

After securing a last-minute buyer, bankrupt LL Flooring is reversing course on shutting down all of its stores. Under terms of the deal, expected to close by the end of September, F9 will acquire among other things, 219 stores, a Virginia distribution center, and LL Flooring’s intellectual property. https://lnkd.in/g_7p7hxG #bankruptcy #retail #landlords #chapter11 #chapter7 #reorganization #creditorsrights #debtorcreditorsrights #ceosanddirectors #officersanddirectors #officesanddirectors

Industry News: La-Z-Boy is opening new stores, despite expectations for 'volatile' furniture demand CEO says store traffic hampered by higher interest rates, low housing turnover Shares of La-Z-Boy Inc. rallied after hours on Monday after the maker of recliners and other furniture reported fourth-quarter results that topped expectations despite a "volatile" furniture industry hit by a largely frozen housing market. The company also forecast a fiscal first-quarter sales range that was above Wall Street's expectations. And it said it expects "modest sales growth" for the fiscal year ahead, which concludes around the end of April, and that it plans to open 12 to 15 new furniture galleries over that period. La-Z-Boy's stock (LZB) jumped 11% after hours. Shares are down 7.7% so far this year. ————————————————— 💥Over 16 MILLION Square Feet Represented💥 ✅Visit https://lnkd.in/gKX9JcPy for exciting new property listings! ————————————————— #realestate #newenglandretail #property #forsale #retail #realestateinvesting #business #broker #realestatenews #properties #investor #investmentproperty #connecticut #nerp #newengland #connecticutnews #newenglandrealestatenews

This business involves a lot of hurry up an wait..... Matt we need alot of stores open asap...... Takes a month to get attorney comments.... Takes months to get site plan layout....... The site disappears Matt why can't we make our goals in this market! 🤷♂️🤷♂️🤷♂️🤷♂️🤷♂️🤷♂️ #retailleasing #retailrealestate #commercialrealestate

More interested to see the percentage of backfill vs. new construction #realestate #cre #realty #construction #commercialrealestate #retail