high street feels the pinch

[fletcher.5]

I see the poor old retailers have had a bad time of things? after rising costs in mortgages,debt,food prices,energy,fuel & council tax what were they expecting.You can only screw us for so much.
Question
Did they set themselves ridiculous targets in order to create their own miserable expectations ?

[Davethedog]

Unfortunatley we are now in the hands of market forces.

Due to inflation most ltd companies. i.e most of the high street retail chains expect year on year growth. They have share dividends to pay and villages to decimate with thier next hyer/super retail park.

If they do not get that growth or it is not as high as expected this is perceived as a very poor show. Many declared losses are not infact what you or I would call a loss i.e last year we made 100k this year we lost 20k meaning from our own resources we had to subsidise our busines.

No they mean they only(?) made 80k as opposed 100k year on year and lost 20k.

Next how the greedy banks caused thier own credit crunch which we are paying for.