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Anyone heading to the shops tomorrow?

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Comments

  • Closed Accounts Posts: 917 ✭✭✭MickeyLeari


    road_high wrote: »
    Have no idea. But it’s very strange. You’d imagine they’d be doing well

    Probably a number of factors:

    - some of their outlets rely on office workers for trade.
    - the Covid payment for staff covers most of the wage costs.
    - they are taking rent holidays (May have negotiated these).

    All in, it may be more expensive to open than to stay closed.


  • Registered Users, Registered Users 2 Posts: 19,537 ✭✭✭✭road_high


    Probably a number of factors:

    - some of their outlets rely on office workers for trade.
    - the Covid payment for staff covers most of the wage costs.
    - they are taking rent holidays (May have negotiated these).

    All in, it may be more expensive to open than to stay closed.

    I’d agree with all that but oddly all their competitors have all reopened now (Ages ago) and seem to be doing quite well considering all that.
    I’d say the last point in particular could be a thing. So many of their outlets are in shopping centres.
    I could imagine the majority of their staff are better off on the Covid payment. Had it been a big struggle to get Part timers back in particular?


  • Registered Users, Registered Users 2 Posts: 3,783 ✭✭✭horse7


    Any update on eating in IKEA? Do you have to preorder etc?



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