Claire's closes all 154 stores in UK and Ireland with loss of 1,300 jobs

Discussion (9 Comments)Read Original on HackerNews

brainless•about 3 hours ago

I am wondering why this is high on HN?

Perhaps a story of change and how new businesses shift existing ones? Nothing new though but still important to keep in mind.

UncleOxidant•about 3 hours ago

Wondering why this is #2 (now #1) on the front page of HN. Doesn't seem as though they sell tech. Did the demise of Rite-Aid get noticed here last year? I doubt it.

technion•about 3 hours ago

I think it says something about what tech is delivering: The article claims the main reason for closing was competition from online stores like Temu.

colechristensen•about 3 hours ago

@dang I would suggest an investigation into why this post (not the parent comment, the whole post) is reaching the level it is.

bombcar•about 3 hours ago

I mean the stores are small, and in the US at least you can get a decent sampling at any Walmart or Target.

The demographic doesn't go to malls much anymore. Gone are the days of dumping preteens at the mall when school was out.

Incipient•about 2 hours ago

TLDR: people are cost conscious and cutting out the middle man by going direct to suppliers (or more direct).

I expect management probably didn't do as well as they could have too.

While tech has definitely enabled this shift, it doesn't seem overly relevant, outside of the current doomer views (albeit, it feels, valid views!)

colechristensen•about 3 hours ago

Why is a cheap mall jewelry store closing relevant to Hacker News?

mxkopy•about 3 hours ago

> it suffered in the face of competition from cheaper, online brands such as Shein and Temu

And, you know. Being laid off seems part of the culture nowdays

tokyobreakfast•about 3 hours ago

Is the Teen Girl Squad from Homestar Runner running HN now?

Claire's closes all 154 stores in UK and Ireland with loss of 1,300 jobs

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Discussion (9 Comments)Read Original on HackerNews