+ Post New Thread
Page 5 of 6 FirstFirst 123456 LastLast
Results 61 to 75 of 88
General Chat Thread, HMV goes bang in General; Well done Eric. What should happen now is that through the power of social media [ although I am not ...
  1. #61

    mattx's Avatar
    Join Date
    Jan 2007
    Posts
    9,240
    Thank Post
    1,058
    Thanked 1,068 Times in 625 Posts
    Rep Power
    740
    Well done Eric. What should happen now is that through the power of social media [ although I am not a fan ] - people with vouchers should all go into a store and stage a sit in until they get what they want from their vouchers.

  2. #62

    Gatt's Avatar
    Join Date
    Jan 2006
    Posts
    6,678
    Thank Post
    861
    Thanked 650 Times in 431 Posts
    Rep Power
    499
    Quote Originally Posted by mattx View Post
    Well done Eric. What should happen now is that through the power of social media [ although I am not a fan ] - people with vouchers should all go into a store and stage a sit in until they get what they want from their vouchers.
    Would put a new spin on the "Flash Mob" phenomenon!

  3. #63
    januttall's Avatar
    Join Date
    Sep 2010
    Posts
    225
    Thank Post
    17
    Thanked 28 Times in 28 Posts
    Blog Entries
    1
    Rep Power
    14
    Quote Originally Posted by mattx View Post
    Well done Eric. What should happen now is that through the power of social media [ although I am not a fan ] - people with vouchers should all go into a store and stage a sit in until they get what they want from their vouchers.
    you'd close them down even faster that way it would be like a run on the banks in a way.(making it less likely every one will get there vouchers worth)

    tho I do agree its not fair for the customer to lose out via a voucher they should be the first to be baled out.[Get at least there moneys worth]
    Last edited by januttall; 17th January 2013 at 02:46 PM.

  4. #64

    TechMonkey's Avatar
    Join Date
    Dec 2005
    Location
    South East
    Posts
    3,293
    Thank Post
    226
    Thanked 406 Times in 303 Posts
    Rep Power
    162
    The issue with the Grandad 'stealing' story is that is HMV Ireland. I was informed that they are a separate entity and have not called in administration. In fact Ireland has no administration process, they have a different system all together.

  5. #65


    Join Date
    Feb 2007
    Location
    51.403651, -0.515458
    Posts
    9,058
    Thank Post
    231
    Thanked 2,716 Times in 2,004 Posts
    Rep Power
    794
    Quote Originally Posted by Gatt View Post
    the purchaser of a Gift Card/Voucher has already coughed up the money for the card, so they should be entitled to goods up to the value on the card.
    Vouchers and gift cards usually have a cash value of 0.00001p (it says so it in the small print on the back). The reason they are popular with retailers is because most of them never end up getting used (so it's essentially free money for them). That fact that you can buy a £25 iTunes gift card for £20 should tell you something.

    Quote Originally Posted by Earthling View Post
    I'd bought my grandson a voucher which HMV/the vendor knew was going to be worthless.
    What's wrong with good old fashioned cash which can be spent in every single shop in the UK and doesn't expire after a year or two?
    Last edited by Arthur; 17th January 2013 at 03:19 PM.

  6. #66
    Devontechie's Avatar
    Join Date
    Nov 2007
    Location
    UK
    Posts
    897
    Thank Post
    181
    Thanked 200 Times in 163 Posts
    Rep Power
    71
    Quote Originally Posted by TechMonkey View Post
    The issue with the Grandad 'stealing' story is that is HMV Ireland. I was informed that they are a separate entity and have not called in administration. In fact Ireland has no administration process, they have a different system all together.
    @TechMonkey HMV in Ireland have been put into receivership and from reading this page on the BBC news site (BBC News - Irish HMV staff stage sit-in protest as 16 stores close), the directors of HMV have requested that the Irish operation is closed down the 16 stores that employ about 300 people.

  7. #67


    Join Date
    Jan 2009
    Posts
    1,236
    Thank Post
    151
    Thanked 243 Times in 168 Posts
    Rep Power
    155
    Quote Originally Posted by Arthur View Post
    Vouchers and gift cards usually have a cash value of 0.00001p (it says so it in the small print on the back). The reason they are popular with retailers is because most of them never end up getting used (so it's essentially free money for them). That fact that you can buy a £25 iTunes gift card for £20 should tell you something.


    What's wrong with good old fashioned cash which can be spent in every single shop in the UK and doesn't expire after a year or two?
    Nothing's wrong with good old cash.........HMV accepted it for one of their Vouchers, so what's wrong with honouring the Voucher?

    Why should voucher holders/puchasers be last in the queue when it comes to reimbursement?

    Like X-13, I don't give a toss about the 'Unsecured Creditors' crap, HMV took money for vouchers, when they knew full well they were going into receivership, they should honour the vouchers, full stop. Anything else is just corporate sharp practice at best, and stealing at worst.

    But, oh gosh, these people are Company Directors and they live in big houses and drive big cars, surely they're too respectable to be guilty of sharp practice or stealing, aren't they?

    If you're trying to say, 'Why didn't that old man give his grandson cash?', then you'd have to ask him, not me or us.

  8. #68
    Guest

    Join Date
    Jun 2009
    Posts
    3,754
    Thank Post
    1,458
    Thanked 490 Times in 375 Posts
    Rep Power
    0
    Quote Originally Posted by FN-GM
    Online shopper here, but you simply cant beat looking through the shelves to find something you didn't know existed.
    Quote Originally Posted by localzuk View Post
    Yeah you can. That's the beauty of things like Spotify and Grooveshark - they give recommendations based on what you're playing. I've found quite a few bands that way. Online streams are another great way (ie. gaming streams where they're playing music so you find new stuff there, or online radio stations).

    With the way HMV changed their stores, you couldn't go in and browse anyway - they had hardly anything to browse.
    Plus you can actually listen to the music you did not know existed removing the risk of buying some total garbage that you can't return in case you "copied it".

    Was listening to Blink-182 on Spotify and found a Bluegrass cover CD and it was a seriously awesome find. The Hillbilly/Yokabilly version of 'All the Small Thinks' was classic!
    Last edited by Rawns; 17th January 2013 at 04:32 PM.

  9. #69


    Join Date
    Feb 2007
    Location
    51.403651, -0.515458
    Posts
    9,058
    Thank Post
    231
    Thanked 2,716 Times in 2,004 Posts
    Rep Power
    794
    Quote Originally Posted by Earthling View Post
    Why should voucher holders/purchasers be last in the queue when it comes to reimbursement?
    Because it's the law! People seem to have a strange perception that gift cards make better presents than cash, but they don't in reality.

    They are vastly popular as presents and yet they come with a sting in the tail. Now Martin Lewis, founder of the consumer website MoneySavingExpert.com, is advising people to avoid gift cards and vouchers this Christmas because of the risk of losing all of your money.

    "They're just a promise from a company, but if that company goes bust or changes hands you've no rights," he said. "Remember too that one of the ways that companies make money from vouchers is that many remain unredeemed."

    The problems with gift cards and vouchers were highlighted again last week when JJB Sports announced that it would appoint administrators. The shops are likely to remain open, but, with the company changing hands after the administration, those left holding gift cards will find that they cannot spend them.

    Gift card holders have no rights if a company goes bust
    As JJB cardholders will find, if you have a gift voucher and the issuing company goes into administration, you are effectively left holding a useless piece of plastic.

    Voucher-holders' money is not ring-fenced or protected if a company goes bust. Instead, you will be classed as creditors and by law must take your place alongside everyone else owed money by the failed company. Since voucher-holders are unsecured creditors, they usually find themselves at the back of the queue.

    Millions of pounds' worth of gift vouchers go unspent each year
    You might get a warm glow out of the fact that you have given your aunt £30 to spend on a new scarf, but if it is on a gift card she may well never do so. According to the GCVA, 6% of all vouchers go unspent. Given that £4bn of gift cards and vouchers are bought each year, that's £240m annually sitting on people's mantelpieces or in their bottom drawers.

    Mr Johnson said the main reason for this was "consumer apathy". Another problem is that if your aunt ends up buying a scarf worth just £27, she may not bother to go back and spend the other £3 later. (Source)

  10. #70

    mattx's Avatar
    Join Date
    Jan 2007
    Posts
    9,240
    Thank Post
    1,058
    Thanked 1,068 Times in 625 Posts
    Rep Power
    740
    Quote Originally Posted by Arthur View Post
    Because it's the law! People seem to have a strange perception that gift cards make better presents than cash, but they don't in reality.
    So what ? Laws are meant to be broken. Especially this one. If anything it was HMV who are stealing. They knew they were going under but continued to sell Vouchers.
    Look on the bright side, if you get caught you get a free ride in a police car.

  11. #71


    Join Date
    Feb 2007
    Location
    51.403651, -0.515458
    Posts
    9,058
    Thank Post
    231
    Thanked 2,716 Times in 2,004 Posts
    Rep Power
    794
    Quote Originally Posted by mattx View Post
    Laws are meant to be broken.
    I'll tell that to the police when I get nicked! If they have any questions, I'll send them your way.

    Quote Originally Posted by mattx View Post
    They knew they were going under but continued to sell vouchers.
    They almost certainly did, but I bet HMV thought it wouldn't matter because there is a chance Deloitte may be able to find a buyer for the business.

    Deloitte is now actively searching for a buyer for the HMV chain in order to save the retailer, which accounts for a quarter of UK physical music and video sales.

    The administrator said today that it has already had "very positive" expressions of interest in HMV, with several parties getting in touch following the firm's collapse. Hilco, the owner of HMV Canada, is said to be among those interested in HMV stores. (Source)

  12. #72


    Join Date
    Jan 2009
    Posts
    1,236
    Thank Post
    151
    Thanked 243 Times in 168 Posts
    Rep Power
    155
    HMV thought it wouldn't matter because they'd already taken the money for the vouchers.

    Like I said, Sharp Practice at best, stealing at worst, and no amount of law-quoting is going to make it right.

    Lawful? Yes. Right? No.

  13. #73

    Gatt's Avatar
    Join Date
    Jan 2006
    Posts
    6,678
    Thank Post
    861
    Thanked 650 Times in 431 Posts
    Rep Power
    499
    Quote Originally Posted by mattx View Post
    So what ? Laws are meant to be broken.
    Quote Originally Posted by Arthur View Post
    I'll tell that to the police when I get nicked! If they have any questions, I'll send them your way.
    @mattx kinda has a point - if laws were not meant to be broken, why would we have police to catch those who broke said laws?

  14. #74

    localzuk's Avatar
    Join Date
    Dec 2006
    Location
    Minehead
    Posts
    17,868
    Thank Post
    518
    Thanked 2,486 Times in 1,928 Posts
    Blog Entries
    24
    Rep Power
    838
    Quote Originally Posted by Gatt View Post
    @mattx kinda has a point - if laws were not meant to be broken, why would we have police to catch those who broke said laws?
    That's a somewhat Pratchett-like argument. Like saying "we're supposed to set houses on fire, else why would we have insurance and why would we need firemen?"

  15. #75

    witch's Avatar
    Join Date
    Nov 2005
    Location
    Dorset
    Posts
    11,385
    Thank Post
    1,402
    Thanked 2,422 Times in 1,699 Posts
    Rep Power
    711
    @mattx is just being himself. Of course laws aren't meant to be broken. And we have police because we know that people will always break laws - not the same thing at all!
    But I do wonder if there is an argument to be had about them selling gift vouchers if they knew that there was a problem with the company

SHARE:
+ Post New Thread
Page 5 of 6 FirstFirst 123456 LastLast

Similar Threads

  1. Clickview Exchange request: Bang Goes The Theory 21/03/2011
    By newpersn in forum AV and Multimedia Related
    Replies: 3
    Last Post: 23rd March 2011, 01:05 PM
  2. [Website] Bang goes our IT Budget....
    By mattx in forum Jokes/Interweb Things
    Replies: 4
    Last Post: 22nd September 2008, 12:37 PM
  3. Replies: 15
    Last Post: 9th June 2006, 04:03 PM
  4. Exchange Go BANG ***HELP***
    By ICTNUT in forum Windows
    Replies: 9
    Last Post: 23rd August 2005, 11:33 AM

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •