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GO OUTDOORS gone bust (41 posts / 5,730 views)
116lee
Posts: 198
Post #31 24 Jun 2020 19:43
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In reply to Post #30
Stockport branch just reopened after a total refit. Perhaps there are ulterior motives....
kid kid
Posts: 132
Post #32 24 Jun 2020 21:08
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In reply to Post #31
Haven't they done this to protect themselves why they negotiate rents etc. Think its standard procedure now cath kitson lauran ashley and quite a few have done it recently with covid.
g4fne g4fne
Posts: 15,110
Post #33 25 Jun 2020 11:57
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Going into administration does not mean a company have gone BUST!! ..... and all sorted today, reports suggest JD have bought the brand back and will continue to trade
oldgeezer oldgeezer
Posts: 27,037
Mr Linky Poo
Mr Linky Poo Post #34 25 Jun 2020 12:29
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In reply to Post #33
so in other words they worked a fiddle ?
Tinhead Tinhead
Posts: 17,089
Post #35 25 Jun 2020 12:51
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In reply to Post #34
someone, somewhere will be out of pocket and doesn't sound like it will be JD
framey framey
Posts: 5,319
Post #36 25 Jun 2020 14:49
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In reply to Post #34
It's all about cutting costs and paying as little tax as possible
Every Large company does it
Pancake
Posts: 48
Post #37 26 Jun 2020 10:27
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In reply to Post #34
I believe the official legal term would be restructuring
Bristolsaint40 Bristolsaint40
Posts: 243
Post #38 26 Jun 2020 12:25
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In reply to Post #37
Pre packed Administration
cheshire_rob
Posts: 53
Post #39 26 Jun 2020 16:33
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Are they still open and looking for a new owner My nearest previously Stapely then bought out becomes fishing republic then Go Outdoors. Who knows who will be next owners. Probably be AD they seem o be taking over Hopefully they will carry more stock Fed up with out of stock all the time Feel sorry for staff

INTU the shopping centre owners gone into admin but centres are still staying open hopefully Fishing shops until new buyer is found
braders1978 braders1978
Posts: 18,195
Post #40 26 Jun 2020 16:53
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In reply to Post #39
Got to HF Angling instead far better shop than the shop by Lakemore
scaley&dark
Posts: 5,563
Post #41 27 Jun 2020 20:50
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In reply to Post #33
And probably have a lot of debt, outstanding rent, and tax written off in the process.
Clean sheet and start again.
Hopefully as many staff as possible are kept on. 🤞

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