Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
User Settings
LAN Parties
Upcoming one-time events:
Germany 08/31
Chicago, IL USA, IL 10/19

Regularly scheduled events Leaving Retail

U.K.-based game/media store is closing its retail operations, reports MCV, saying the company will live up to its name as an online-only e-tailer as of March. More than 200 jobs will be lost as a result of the closure, which comes just months after the company was purchased by Japanese firm Rakuten. Apparently the company is suffering a downturn due to the end of their ability to offer VAT-free imports on lower-cost items.

2. Re: Leaving Retail Jan 9, 2013, 11:05 Creston
Government logic: "Dammit, that store is selling stuff without VAT / sales tax on it! We have to get sales tax out of them, we're losing out on billions in revenue!"

*Government implements stupid new laws, force store to charge sales tax / VAT.*
*store closes, several hundred / thousand jobs lost.*
*unemployed people apply for wellfare.*

Government: "There! Job well done, guys! What are we doing for lunch? hookers and blow?"

:slow clap:

Avatar 15604
Previous Post Next Post Reply Quote Edit Delete Report
    Date Subject Author
  1. Jan 9, 10:50 Re: Leaving Retail Arithon
  8. Jan 10, 05:53  Re: Leaving Retail Shteve
>> 2. Jan 9, 11:05 Re: Leaving Retail Creston
  3. Jan 9, 11:07  Re: Leaving Retail nin
  4. Jan 9, 11:22  Re: Leaving Retail RollinThundr
  5. Jan 9, 12:05  Re: More Big Picture Details HorrorScope
  6. Jan 9, 12:26  Re: Leaving Retail theyarecomingforyou
  7. Jan 9, 18:32  Re: Leaving Retail Quboid
  9. Jan 10, 06:18  Re: Leaving Retail Golwar
  10. Jan 10, 08:48   Re: Leaving Retail Shteve
  11. Jan 10, 20:33    Re: Leaving Retail Golwar


Blue's News logo