Author Topic: Edinburgh Co-op  (Read 2707 times)

Torslanda

  • Professional Gobshite
  • Just a tart for retro kit . . .
    • John's Bikes
Edinburgh Co-op
« on: 14 August, 2016, 01:32:30 pm »
Closing their Manchester store

Market forces or just too high a profile . . . ?
VELOMANCER

Well that's the more blunt way of putting it but as usual he's dead right.

Kim

  • Timelord
    • Fediverse
Re: Edinburgh Co-op
« Reply #1 on: 14 August, 2016, 02:12:11 pm »
Nominative determinism?

Pancho

  • لَا أَعْبُدُ مَا تَعْبُدُونَ
Re: Edinburgh Co-op
« Reply #2 on: 14 August, 2016, 03:06:59 pm »
Closing their Manchester store

Market forces or just too high a profile . . . ?

"too high a profile"?

Looks simple to me: Manchester store is losing money => close the Manchester store.

Re: Edinburgh Co-op
« Reply #3 on: 14 August, 2016, 03:35:54 pm »
Well aye, but I'd have thought that was a prime location, what with 12,000 or so Manchester students kicking around (plus the MMU and RNCM crowds).

Jaded

  • The Codfather
  • Formerly known as Jaded
Re: Edinburgh Co-op
« Reply #4 on: 14 August, 2016, 04:52:28 pm »
The Edinburgh one will probably be suffering a temporary slump at the moment, as the road is being dug up outside.
It is simpler than it looks.

Cudzoziemiec

  • Ride adventurously and stop for a brew.
Re: Edinburgh Co-op
« Reply #5 on: 14 August, 2016, 05:35:02 pm »
Also not sure what "too high a profile" means in this context. Unless the store is too primely located and too large for the trade it gets?
Riding a concrete path through the nebulous and chaotic future.

Re: Edinburgh Co-op
« Reply #6 on: 14 August, 2016, 05:43:50 pm »
Possibly due for a rent review.
Get a bicycle. You will never regret it, if you live- Mark Twain

Torslanda

  • Professional Gobshite
  • Just a tart for retro kit . . .
    • John's Bikes
Re: Edinburgh Co-op
« Reply #7 on: 14 August, 2016, 06:48:37 pm »
'Too high a profile' in this case refers to a prime site in a listed building - it was Manchester Garages for many years and before refurbishment was a Jaguar dealer.

A prestige bike shop in the middle of student land - all very aspirational but all those new bikes have to be paid for whether you sell them or not.
VELOMANCER

Well that's the more blunt way of putting it but as usual he's dead right.

Pancho

  • لَا أَعْبُدُ مَا تَعْبُدُونَ
Re: Edinburgh Co-op
« Reply #8 on: 14 August, 2016, 06:58:13 pm »
Well aye, but I'd have thought that was a prime location, what with 12,000 or so Manchester students kicking around (plus the MMU and RNCM crowds).

"prime location" = high rents etc. You need to sell a lot of puncture repair kits to skint students.

marcusjb

  • Full of bon courage.
Re: Edinburgh Co-op
« Reply #9 on: 14 August, 2016, 07:00:19 pm »
Did they not close their Sheffield store earlier in the year as well?
Right! What's next?

Ooooh. That sounds like a daft idea.  I am in!

Re: Edinburgh Co-op
« Reply #10 on: 15 August, 2016, 08:39:13 am »
Hadn't realised it was that posh a location - from memory there was a Wetherspoons and a Lidl next door, and the next block is the curry mile isn't it? Still, it clearly wasn't working for them any longer.

Re: Edinburgh Co-op
« Reply #11 on: 15 August, 2016, 09:06:51 am »
It's less than 100 yards from the office and I don't even try to use them anymore, lots and lots of high end shiny bikes, nowt else. Last few visits:

Headset spacers... we can order them.
Cleats...we can order them
Brake pads...sold out, we can...Yeah I know

Couldn't even get a 26'' inner tube on one occasion.

Re: Edinburgh Co-op
« Reply #12 on: 18 November, 2016, 07:58:56 pm »
Yes marcusjb, I was disappointed to find out their Sheffield store is closed too.
I'm not old and cynical, I'm realistic!

fruitcake

  • some kind of fruitcake
Re: Edinburgh Co-op
« Reply #13 on: 20 February, 2017, 05:29:56 pm »
EBC's first cost-cutting measure in the Manchester store was to shut down the cycle clothing section, to reduce the floor space. That made sense as a business decision, because clothing sales require a lot of stock, all of which takes up space and some of which won't sell because it's a less popular size and or colour.

I expect many people use large bike shops as a 'clothing showroom' where they can try on a piece of clothing from a large manufacturer, determine which size they need, but then buy from an online retailer with smaller overheads. I'm not sure how they could have overcome this problem.

The Rapha shop works around it, by having a cafe, which provides an income stream for the business regardless of whether people buy clothing from the store. Different kind of business of course because they are selling just one brand: their own.