Brighthouse, the high street's most odious shop, has gone bust. Good. What about the poor people who worked in there? Sod 'em. There are other jobs to do than working in that place, ripping poor people off and preying on desperation. For anyone not familiar with Brighthouse, or ********* as we liked to call them, they flogged domestic white goods, TVs and X-boxes etc at extortionate prices. Triple what you'd pay at Currys. Sky high prices. But, you can pay for it on the never, never. Monthly HP. What they coyly call "rent to own". And all at a spectacular high rate of interest of course. So the £250 crappy fridge ends up costing you £1200. What brought them down was getting fined for wringing poor people who couldn't afford it, too hard. Then the virus finished 'em off. Goodbye and good riddance.
Perhaps good news for the owners of all these TV's, fridges etc they will keep all the goods & also stop paying for them? Unless some other company buys their assets for £1 & takes over the running of the business. In that case you can possibly expect Bassini to show up at your door in the red hard hat with his hands out begging for £5 TV money.
I only ever purchased one thing from them. A Nintendo Wii U for my Niece for her 10th Birthday in 2013. Thank god I paid it off now, but I agree about the extortionate rates they place on even low cost items. They tried to make me purchase an extra controller and Wii Points for additional cost but I told them no thanks. They must work on commission for such demands for each new customer.
For once I agree with Clive. For esentials like a fridge freezer credit at a reasonable rate is useful. Offering consumer electronics to those that can't afford it at huge rates is a disgusting trade. I feel sorry for those that had to work there out of circumstance because they will feel the most hardship, where as the owners will likely move on to the next big con.
No extended warranty (XW)? I had an Xmas job working in the warehouse of our local "Tempo" - the company's purpose was just to sell the warranties on the goods - one of the B'wood store's salesmen won the unofficial interstore competition for the lowest value item to have an XW - a 'walkman' (amd not a Sony one). The salesman joked that the elderly lady was so frail that he personally escorted her out of the store as he was worried that she might have dropped dead in the shop...
Stores are forced into it because on-line retailers can reduce selling price due to lower overheads and in some cases tax regulations. Many moons ago I worked for a consumer electronics company and we got the right arse with companies that were discounting RRP because it undercut the expert shops that offered good advice on the products and made sue the customer got what they needed. In the end though money and volume talked and the customer got stuff cheap with no backup. Some good retailers went to the wall because of that.