Maplin Electronics

[Nick]

Some Maplin info:    https://www.insidermedia.com/insider/yor...-of-change

I wish them well, but it's been pretty much the same story for years.

Retail space is too expensive, on-line competition from almost everywhere is relentless, product cost (thus margin) is falling, and 2,500 staff (!!) Really?

Their fixed costs are massive and in a market whose dynamics are changing so rapidly, their current business model  looks, from the outside, horrendously dated.