Jaie Miller
Well-known member
I see, thanks....
I did google them after I asked, which is a terrible trait, and saw. I like their DVDs.
I did google them after I asked, which is a terrible trait, and saw. I like their DVDs.
Record Shops are History.
- Thread starter Woebot
- Start date
seconded..went in yesterday afternoon (well, tried to) ...gone-horrible
3underscore
Well-known member
The rumour mill is in overdrive that there is either a huge restructure involving shop closures, or the complete end of Fopp.
All shops seem to be closed for stocktaking today. It seems buying a chain that itself went bust (MusicZone) may not have helped them.
No confirm on this, but lots of talk.
All shops seem to be closed for stocktaking today. It seems buying a chain that itself went bust (MusicZone) may not have helped them.
No confirm on this, but lots of talk.
don_quixote
Trent End
surely related to warehouse moving? maybe not
subvert47
I don't fight, I run away
yes — back cataloguing — it's hard to make serious finds in the secondhand bins nowadays
new vinyl is still worth getting from real shops, since shipping means it's no cheaper buying it online
Woebot
Well-known member
had an interesting happen at the weekend.
one shop i used to visit, flashback on the essex road in islington, always had really crap records.
i went there on saturday and they wicked bad stuff.
i asked the guy behind the counter and he said "i know !i know!" apparently it's because all the good shops have been shut down, now they're suddenly getting vastly-improved stock....
shrugs.
one shop i used to visit, flashback on the essex road in islington, always had really crap records.
i went there on saturday and they wicked bad stuff.
i asked the guy behind the counter and he said "i know !i know!" apparently it's because all the good shops have been shut down, now they're suddenly getting vastly-improved stock....
shrugs.
3underscore
Well-known member
Don
That appears that was the first part of a very bad turn of events for Fopp - and more apparent that it was an excuse to cut an unnecessary (non-core) cashflow drain.
Friday every store closed to stocktake. Saturday they were only taking cash in stores. Sunday there was an article in the Sunday Times Business section saying "we aren't going into administration" from their CEO, defending the MusicZone purchase and saying how they funded it on floating debt, so have experienced a bigger cash squeeze as rates have gone up (stupid business decision).
Apparently they have huge supplier problems and have been known not to carry new releases, although this is all believed to be from the MZ purchase, suggesting the original Fopp chain is sound but may be brought down by acquiring a firm that had already failed.
That appears that was the first part of a very bad turn of events for Fopp - and more apparent that it was an excuse to cut an unnecessary (non-core) cashflow drain.
Friday every store closed to stocktake. Saturday they were only taking cash in stores. Sunday there was an article in the Sunday Times Business section saying "we aren't going into administration" from their CEO, defending the MusicZone purchase and saying how they funded it on floating debt, so have experienced a bigger cash squeeze as rates have gone up (stupid business decision).
Apparently they have huge supplier problems and have been known not to carry new releases, although this is all believed to be from the MZ purchase, suggesting the original Fopp chain is sound but may be brought down by acquiring a firm that had already failed.
STN
sou'wester
Diggedy Derek
Stray Dog
I won't be shedding a whole lot of tears for FOPP. It was good for cheap back catalogue, but for new releases it was pretty awful, and artists didn't get a whole lot of money from them. Sure they were "independent", but to what end? They were still simply about shifting units.
If the future is less independent shops but ones more focused on niche areas (both in store and online), I don't know if that's a bad thing really.
If the future is less independent shops but ones more focused on niche areas (both in store and online), I don't know if that's a bad thing really.
well fopp were responsible in alot of ways for killing off the other indie stores by undercutting them, i think they basically bought up lots of old stock from warehouses all over and buying and selling cheap, i think they often cut a few corners legally.
Their undoing was buying those cursed stores, i never really liked fopp though, i don't think they were really an independent shop in that you couldn't really walk in and get a solid recommendation from someone that worked in there, and they more or less pushed niche things that had been overpressed, working off a kind of hip knowledge of back catalogue.
Their undoing was buying those cursed stores, i never really liked fopp though, i don't think they were really an independent shop in that you couldn't really walk in and get a solid recommendation from someone that worked in there, and they more or less pushed niche things that had been overpressed, working off a kind of hip knowledge of back catalogue.
wonk_vitesse
radio eros
RT@brick lane
I'm really looking forward to this bold venture, it's in the right place and if it's as good as they say will be an excellent place to visit. But.....there's so much bad news around for music retailers you can't help but feel that it has a 50/50 chance of success.
I'm really looking forward to this bold venture, it's in the right place and if it's as good as they say will be an excellent place to visit. But.....there's so much bad news around for music retailers you can't help but feel that it has a 50/50 chance of success.
well there is still a market for physical music etc at the moment, and there is potentially a gap in the market, although rough trade seem to have fallen off a bit as a shop, i haven't been in there for ages and i tend to go physical record shops about once or twice a month. It seems in the indie stakes compared to a shop like pure groove in archway, they're looking a bit out of touch
.