The New Moor Market

[I1L2T3]

Are they actually paying any in the first place?

 

Answer your own question. Are they?

[ricgem2002]

On the plus side for you the new market sells dictionaries and books on how to grow up.

how many did you buy :hihi:

[sedith]

I reckon it'll be shut one way or another within 2yrs due to the high costs of rents the stallholders will have to find once the subsidised rent agreements expire. You can't pass the massive rent increases on to the customer, they are shopping in the market so they can spread their money a little further. The council would have been better leaving well alone and let the old Castle and Sheaf markets slowly burn out and have done with the lot of it?

[ECCOnoob]

I reckon it'll be shut one way or another within 2yrs due to the high costs of rents the stallholders will have to find once the subsidised rent agreements expire. You can't pass the massive rent increases on to the customer, they are shopping in the market so they can spread their money a little further. The council would have been better leaving well alone and let the old Castle and Sheaf markets slowly burn out and have done with the lot of it?

 

Are they though? This is what I can never really understand.

 

Are the markets really used by people with low incomes who need the lowest prices. I just cannot believe that in the days of Poundland, B&M, Heron/Iceland and even Asda people are really using the markets as the place for bargains.

 

From my view, market prices (although low) simply cannot get anywhere near the loss leaders and multi-buys from the big stores. Canned goods for 15p-50p. Branded toiletries and stock cupboard goods for less than a £1. I never see anything like that in the Market. As for clothing and household goods I just don't see how traders can genuinely compete when you have primark selling t-shirts for £3 and Asda selling toasters/kettles for £5.

 

Im sure there are meat and fresh foods which offer competitive but is there enough footfall for that.

 

I am firmly of the camp that if the Market is going to survive, particularly in line with the new developments on the moor, they need to move away from such customers and offer DIFFERENT / SPECIALIST goods to the supermarkets and general stores.

[taxman]

Are they actually paying any in the first place?

 

Yes they are.

[smiggs]

Are they though? This is what I can never really understand.

 

Are the markets really used by people with low incomes who need the lowest prices. I just cannot believe that in the days of Poundland, B&M, Heron/Iceland and even Asda people are really using the markets as the place for bargains.

 

From my view, market prices (although low) simply cannot get anywhere near the loss leaders and multi-buys from the big stores. Canned goods for 15p-50p. Branded toiletries and stock cupboard goods for less than a £1. I never see anything like that in the Market. As for clothing and household goods I just don't see how traders can genuinely compete when you have primark selling t-shirts for £3 and Asda selling toasters/kettles for £5.

 

Im sure there are meat and fresh foods which offer competitive but is there enough footfall for that.

 

I am firmly of the camp that if the Market is going to survive, particularly in line with the new developments on the moor, they need to move away from such customers and offer DIFFERENT / SPECIALIST goods to the supermarkets and general stores.

 

The subsidised rents of Castle Market allowed independents to do stack 'em high sell 'em low but even in a parallel universe were Castle Market was refurbished the rents would have gone back up and prices too. There was one cash and carry that did try and continue with their old business model in the Moor market but closed in the summer, he was charging more than the sticker price, on some items even Sainsbury's were cheaper.

 

If small businesses want to survive today they need to offer something big business can't and competing on price is the one thing that just ain't going to happen. Supermarkets will make a loss on items to get you in the store, I don't know of any market stall holder who could ever do that.

[I1L2T3]

We finished off our Christmas meat today which I got off the market from Morley's meats.

Have to say it was superb quality and cracking value. Very pleased.

[foxy lady]

Yes they are.

 

Interesting use of a loopy considering all the stall holders have had extensive and extended rent free periods. You knew that of course, but thought you needed to make a snide point. :loopy::loopy::loopy:

 

So how much has the market cost the city coffers so far in subsidies, rent free periods and interest payments?

[I1L2T3]

Interesting use of a loopy considering all the stall holders have had extensive and extended rent free periods. You knew that of course, but thought you needed to make a snide point. :loopy::loopy::loopy:

 

So how much has the market cost the city coffers so far in subsidies, rent free periods and interest payments?

 

Morally bankrupt argument foxy when UK taxpayers are supporting the big supermarkets with tax credits (and housing benefits) to workers to prop up wages & when there is a legal employment framework that is massively in supermarkets' favour.

 

You have to make your choice. Support excellent small local businesses or kill them. I'm pleased that the council kind of has its heart partly in the right place but it obviously should be doing more. It got a lot of things wrong with the new market and rents but let's support them in getting it put right.

 

Small businesses or predatory big business. Take your choice.

[foxy lady]

Morally bankrupt argument foxy when UK taxpayers are supporting the big supermarkets with tax credits (and housing benefits) to workers to prop up wages & when there is a legal employment framework that is massively in supermarkets' favour.

 

You have to make your choice. Support excellent small local businesses or kill them. I'm pleased that the council kind of has its heart partly in the right place but it obviously should be doing more. It got a lot of things wrong with the new market and rents but let's support them in getting it put right.

 

Small businesses or predatory big business. Take your choice.

 

I'm pretty happy to support local small business. I run one myself. I buy meat from local farm shops, I buy beer from local breweries, I buy bread, pies, coffee, and Hendersons from local producers. I even buy wine from a local vineyard.

What I won't do is put myself out to get to the market when I can buy the same local produce, and support local traders without having to do so.

Tax credits have nothing to do with this situation unless you assume no one working in the market is getting them. It doesn't alter the fact that the new market wasn't a great idea, and many of the traders only stayed there because they were getting their stand rent free or at a heavily discounted rate.