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'This programme contains some strong language.' | 0:00:02 | 0:00:04 | |
-I'm always drawn to black. -Why? -I don't know. I think it's a bit of a gypsy in me, a witch in me. | 0:00:04 | 0:00:07 | |
-It's not quite colour but at least it's not black. -No. | 0:00:07 | 0:00:11 | |
-You don't like it. -No. | 0:00:11 | 0:00:13 | |
It makes me look fat. | 0:00:13 | 0:00:16 | |
-No, it doesn't. -Yes, it do! | 0:00:16 | 0:00:19 | |
Years ago most towns had their own independent department stores, | 0:00:21 | 0:00:25 | |
but now many are closing down. | 0:00:25 | 0:00:27 | |
These charming old emporiums | 0:00:27 | 0:00:30 | |
can no longer compete with big out-of-town retail parks. | 0:00:30 | 0:00:34 | |
I think that's sad. | 0:00:34 | 0:00:35 | |
For a nation obsessed with shopping, where has our choice gone? | 0:00:35 | 0:00:39 | |
So I set out to visit three of the stores | 0:00:39 | 0:00:42 | |
that are refusing to shut up shop. | 0:00:42 | 0:00:44 | |
I wanted to know if they could still survive | 0:00:44 | 0:00:47 | |
in the cut-throat world of modern retailing. | 0:00:47 | 0:00:50 | |
I've come to Swansea, to visit the oldest and most famous | 0:01:01 | 0:01:05 | |
department store in Wales, JT Morgan's. | 0:01:05 | 0:01:08 | |
It was founded in 1918 by Mr Morgan himself | 0:01:08 | 0:01:12 | |
and this year should be celebrating its 90th birthday. | 0:01:12 | 0:01:16 | |
JT Morgan's is a strange old establishment. | 0:01:17 | 0:01:19 | |
It doesn't have any windows | 0:01:19 | 0:01:22 | |
and is part warehouse and part department store. | 0:01:22 | 0:01:25 | |
It's a cavernous building with eight departments spread over four floors. | 0:01:25 | 0:01:31 | |
In the basement is menswear and electricals. | 0:01:31 | 0:01:33 | |
On the ground floor, it's jewellery, shoes and toys. | 0:01:33 | 0:01:36 | |
On the first floor, | 0:01:36 | 0:01:38 | |
ladieswear and lingerie, and on the top floor, it's homewares. | 0:01:38 | 0:01:42 | |
TANNOY: Welcome to JT Morgan, ladies and gentlemen. | 0:01:45 | 0:01:48 | |
Don't forget you can buy now and pay in January. | 0:01:48 | 0:01:50 | |
That's throughout the store. Thank you. | 0:01:50 | 0:01:53 | |
Today, the managing director of JT Morgan is John Coles. | 0:01:54 | 0:01:59 | |
His job is the day-to-day running of the shop. | 0:01:59 | 0:02:02 | |
He joined six years ago as a manager, | 0:02:02 | 0:02:05 | |
having worked in retail all his life. | 0:02:05 | 0:02:08 | |
What is it that excites you about the job most? | 0:02:08 | 0:02:12 | |
I just think it's making the store look good | 0:02:12 | 0:02:14 | |
and getting a customer comment like I had on the phone this morning, | 0:02:14 | 0:02:18 | |
that they love coming to JT's to shop, and everybody is so friendly | 0:02:18 | 0:02:21 | |
and the store's nice to shop and the product's good | 0:02:21 | 0:02:25 | |
and that just makes it. | 0:02:25 | 0:02:26 | |
I suppose it's like Lewis Hamilton winning a Grand Prix. | 0:02:26 | 0:02:29 | |
The same thing. | 0:02:29 | 0:02:31 | |
JT's had been losing business for many years | 0:02:31 | 0:02:35 | |
and four years ago faced closure. | 0:02:35 | 0:02:38 | |
But, rather than be laid off, | 0:02:38 | 0:02:40 | |
John Coles used every penny he had to buy the shop. | 0:02:40 | 0:02:43 | |
In doing so he saved over 80 jobs | 0:02:44 | 0:02:47 | |
and the staff now see him as a bit of a saviour. | 0:02:47 | 0:02:51 | |
Oh, John! | 0:02:51 | 0:02:52 | |
John bought the shop with a colleague at JT's, | 0:02:56 | 0:02:59 | |
called Denise Road. She's the financial director and, like John, | 0:02:59 | 0:03:04 | |
she sank all her savings into the business to buy it. | 0:03:04 | 0:03:07 | |
Do you take the whole business to heart a lot? | 0:03:07 | 0:03:09 | |
Yes, very much so. You have to | 0:03:09 | 0:03:11 | |
because we live, eat and sleep in it and also, everything's on the line. | 0:03:11 | 0:03:15 | |
We're going to be a bag lady or a rich bitch. There's nothing there. | 0:03:15 | 0:03:18 | |
Our home and everything, everything else is just a job. | 0:03:18 | 0:03:21 | |
The worst that can happen is you'll get the sack. | 0:03:21 | 0:03:23 | |
If this goes down, we're bankrupt, | 0:03:23 | 0:03:26 | |
John and I will lose everything. Our homes and everything. | 0:03:26 | 0:03:30 | |
We're the wrong side of 50, too blasted late to start again now. | 0:03:30 | 0:03:33 | |
John and Denise have kept the family tradition in JT Morgan's going | 0:03:33 | 0:03:37 | |
by bringing their own other halves into the business too. | 0:03:37 | 0:03:41 | |
Denise's partner Nigel left a job in engineering to join JT's. | 0:03:43 | 0:03:47 | |
Now he's in charge of shop security. | 0:03:47 | 0:03:51 | |
-Trying to get him to sleep? -He's not going to go. | 0:03:51 | 0:03:54 | |
He's too stubborn. | 0:03:55 | 0:03:58 | |
He also looks after their two adopted children | 0:04:00 | 0:04:03 | |
while Denise is at work. | 0:04:03 | 0:04:05 | |
-They're nice, aren't they? -Are they your colour? | 0:04:07 | 0:04:11 | |
John persuaded his wife, Nadine, to come on board with the shop | 0:04:11 | 0:04:16 | |
and she's now in charge of ladies' fashions. | 0:04:16 | 0:04:19 | |
At the end of the day, what counts is my relationship with John. | 0:04:19 | 0:04:22 | |
If we lose everything, we lose everything, but we'll have | 0:04:22 | 0:04:25 | |
each other so if we're in a tent on a beach, well, fine, | 0:04:25 | 0:04:28 | |
but if we make it and have millions, even better! | 0:04:28 | 0:04:31 | |
When these four directors took over four years ago, | 0:04:35 | 0:04:38 | |
they managed to increase sales by 15%. | 0:04:38 | 0:04:41 | |
The shop's future was looking rosy. | 0:04:41 | 0:04:44 | |
But then, two years ago, disaster struck. | 0:04:45 | 0:04:48 | |
A new shopping centre was built | 0:04:48 | 0:04:50 | |
which moved customers further away from JT's. | 0:04:50 | 0:04:53 | |
Then massive roadworks just outside the old shop | 0:04:53 | 0:04:57 | |
meant nearly all passing trade disappeared. | 0:04:57 | 0:05:00 | |
Now, only the most loyal customer bothered to make | 0:05:01 | 0:05:05 | |
the trek to JT Morgan's. | 0:05:05 | 0:05:07 | |
So when I arrived at the shop in November, | 0:05:07 | 0:05:10 | |
it was facing the most crucial two months in its history. | 0:05:10 | 0:05:14 | |
Only a brilliant Christmas would mean the 80-strong workforce | 0:05:14 | 0:05:18 | |
and the four directors would keep their jobs. | 0:05:18 | 0:05:21 | |
Anything less would almost certainly mean | 0:05:21 | 0:05:24 | |
the loss of a national treasure. | 0:05:24 | 0:05:26 | |
MOBILE PHONE RINGS Oh, I'm not talking to you at all. | 0:05:29 | 0:05:32 | |
-Who's that? -Denise, our finance director. | 0:05:32 | 0:05:35 | |
-What do you want now? -Sales, John. I've just gone over the figures. | 0:05:35 | 0:05:38 | |
I've got no chance of making these bloody payments. | 0:05:38 | 0:05:41 | |
You're saying you've got priority customers. I can't pay any of them. | 0:05:41 | 0:05:44 | |
We've got to do something and we can't survive on this. | 0:05:44 | 0:05:47 | |
But if I reduce prices... | 0:05:47 | 0:05:49 | |
You told me last week, slash prices, get rid of stock. | 0:05:49 | 0:05:52 | |
I'm not asking you to slash them, | 0:05:52 | 0:05:53 | |
that was knocking stuff down from £30 to a fiver. | 0:05:53 | 0:05:56 | |
If we carry on and we have the same shit weekend that we've had | 0:05:56 | 0:05:59 | |
in the week, I'm not going to have the money for the payroll | 0:05:59 | 0:06:02 | |
and then we're all buggered cos no-one's going to work without pay. | 0:06:02 | 0:06:06 | |
I'm trying not to spend money, I'm trying not to advertise. | 0:06:06 | 0:06:09 | |
We're just concentrating on our existing customers. | 0:06:09 | 0:06:11 | |
We're at the stage where it don't matter, you need to do something. | 0:06:11 | 0:06:15 | |
I really don't care. Thursday, Friday and Saturday to be decent. | 0:06:15 | 0:06:19 | |
-You want me to magic something up in hours to try and do it? -Yes. | 0:06:19 | 0:06:23 | |
You should try doing my job sometimes, I'm really telling. | 0:06:23 | 0:06:26 | |
-I'm really telling. What? -On the other end as well, | 0:06:26 | 0:06:29 | |
we're both doing an impossible job at the moment, aren't we? | 0:06:29 | 0:06:32 | |
You can't just magic up in retail, you've got to advertise... | 0:06:32 | 0:06:36 | |
-I'll try and do something. I'll come back to you. -Yeah. | 0:06:36 | 0:06:39 | |
You've gone into business as two couples, haven't you? | 0:06:39 | 0:06:42 | |
-Yeah. -Do you think that's a sensible thing? | 0:06:42 | 0:06:45 | |
No. There's nothing we've done in the last four years | 0:06:45 | 0:06:48 | |
that's been sensible. If we were, | 0:06:48 | 0:06:49 | |
we'd never have bought it in the first place. | 0:06:49 | 0:06:52 | |
It's not sensible to put everything you've owned on the line in your 50s | 0:06:52 | 0:06:57 | |
because you're not going to have the chance to pull it back again. | 0:06:57 | 0:07:01 | |
It wasn't sensible to do anything, really. | 0:07:01 | 0:07:04 | |
We should have just taken our redundancy and gone and got jobs elsewhere | 0:07:04 | 0:07:08 | |
and we could have cruised through and all the rest of it. | 0:07:08 | 0:07:11 | |
Why did you do that? | 0:07:11 | 0:07:13 | |
Because I've always regretted in life more the things I haven't done | 0:07:13 | 0:07:17 | |
than the things I have done and I didn't want it to be an "if only". | 0:07:17 | 0:07:21 | |
It struck me that Denise and John | 0:07:22 | 0:07:24 | |
had a huge task on their hands with this shop. | 0:07:24 | 0:07:27 | |
My overwhelming first impression was one of empty departments. | 0:07:27 | 0:07:31 | |
Often the only people in them were the staff. | 0:07:31 | 0:07:35 | |
John Coles would do the rounds in the afternoon to keep the morale up. | 0:07:35 | 0:07:40 | |
This was Geraint in menswear. | 0:07:40 | 0:07:42 | |
-He takes the photographs at the staff dos. -I do, yes. | 0:07:42 | 0:07:45 | |
There are a few notorious ones. | 0:07:45 | 0:07:47 | |
There are a few which have had a few to drink as well. | 0:07:47 | 0:07:50 | |
Ones of people in compromising positions? | 0:07:50 | 0:07:52 | |
-Yes. -Are they still here, the staff in question? | 0:07:52 | 0:07:54 | |
I'm afraid she's not here today. | 0:07:54 | 0:07:56 | |
-Is she happy to be photographed by you? -Oh, yes. -Is she? -Yes. Yeah! | 0:07:56 | 0:08:00 | |
What sort of positions have you photographed her in? | 0:08:00 | 0:08:04 | |
No comment! No comment! No comment! | 0:08:04 | 0:08:08 | |
No, I didn't mean that to sound like that! What I meant was... | 0:08:08 | 0:08:12 | |
No comment, no, no, not that bad, no! | 0:08:12 | 0:08:14 | |
'Over half the workforce had been at JT's for more than 20 years, | 0:08:14 | 0:08:19 | |
'like the staff manager, Margaret.' | 0:08:19 | 0:08:22 | |
Yes, because I've started from the bottom like us all | 0:08:22 | 0:08:25 | |
and I ask people in a nice way. | 0:08:25 | 0:08:28 | |
I don't say do this and do that. | 0:08:28 | 0:08:30 | |
At the end of the day, | 0:08:30 | 0:08:31 | |
we're all here to work for a living and we're all here as a family. | 0:08:31 | 0:08:35 | |
I think it's like a family affair here. | 0:08:35 | 0:08:37 | |
At the end of my first day, as the staff clocked off, the overriding | 0:08:37 | 0:08:41 | |
impression I had was of a unique shop with a very loyal workforce | 0:08:41 | 0:08:46 | |
but in real danger of extinction. | 0:08:46 | 0:08:49 | |
WELSH MALE VOICE CHOIR SINGS | 0:08:55 | 0:08:58 | |
A week later, and the shop was preparing itself | 0:08:58 | 0:09:02 | |
for the festive period. | 0:09:02 | 0:09:05 | |
..Underneath the till... | 0:09:05 | 0:09:07 | |
I found John Coles in menswear | 0:09:07 | 0:09:09 | |
making preparations for what he hoped would be the Christmas rush. | 0:09:09 | 0:09:13 | |
You want to go out and meet your wife. | 0:09:13 | 0:09:15 | |
As that first week unfolded, I hung out on the shop floor. | 0:09:15 | 0:09:19 | |
I wanted to get to know some of the customers | 0:09:19 | 0:09:23 | |
who could determine JT's fate. | 0:09:23 | 0:09:26 | |
Beautiful place, the shop. | 0:09:26 | 0:09:28 | |
Very, very quiet, | 0:09:28 | 0:09:30 | |
everybody's helpful and I've got to say, it's been like that for years. | 0:09:30 | 0:09:34 | |
That's nice, isn't it? Are you going to buy that? | 0:09:34 | 0:09:36 | |
-Huh? -Are you going to buy that? -Yes. -It's nice, isn't it? -Hmm. | 0:09:36 | 0:09:41 | |
-You're on television, Madge! -Are you? | 0:09:41 | 0:09:45 | |
Are you looking for anything in particular? | 0:09:46 | 0:09:48 | |
-A wedding outfit. -Oh, are you? -Yeah. -Who's getting married? | 0:09:48 | 0:09:51 | |
-My son. -Ahh. -Eldest son, yeah. | 0:09:51 | 0:09:55 | |
What are you two shopping for? | 0:09:55 | 0:09:56 | |
-We're just browsing for bargains. It's what we normally do. -Browsing. | 0:09:56 | 0:10:00 | |
My daughter's getting married next year | 0:10:00 | 0:10:03 | |
so we've got lots of shopping to do at the beginning of next year. | 0:10:03 | 0:10:06 | |
-Are you, getting married? -Yes, end of next summer. | 0:10:06 | 0:10:10 | |
-Oh? -On a cruise. | 0:10:10 | 0:10:12 | |
-Have you found your dress? -Yes, I have my dress. Yes. | 0:10:12 | 0:10:16 | |
-OK, I'll show you my jeans and top. -OK. | 0:10:16 | 0:10:19 | |
There you go. | 0:10:19 | 0:10:22 | |
-They look great. -I think the jeans are a little bit big, | 0:10:22 | 0:10:25 | |
-I don't know. -I don't know if they're too big. | 0:10:25 | 0:10:28 | |
They're big around the front, I think. | 0:10:28 | 0:10:31 | |
-They're big. -They're a bit big, yeah. | 0:10:31 | 0:10:34 | |
The only problem with coming in now is parking. | 0:10:36 | 0:10:41 | |
It's a very wonderful store but now it's off the beaten track, | 0:10:41 | 0:10:45 | |
that's a problem for walking. | 0:10:45 | 0:10:48 | |
I had to walk quite a way to get here today from the High Street, | 0:10:48 | 0:10:52 | |
not many people want to do that. | 0:10:52 | 0:10:54 | |
This is where we're going to be moving to. | 0:10:56 | 0:10:59 | |
The roadworks had defeated all but the most loyal customers, | 0:10:59 | 0:11:04 | |
but Denise had a plan to resurrect JT's in the heart of the new, | 0:11:04 | 0:11:08 | |
and much busier, shopping district. | 0:11:08 | 0:11:10 | |
More than that, for the first time, | 0:11:10 | 0:11:13 | |
-JT's would have its own shop windows. -This is JT's future. | 0:11:13 | 0:11:17 | |
This is where we're going to be, all down this side, | 0:11:17 | 0:11:21 | |
first two floors will be JT's new building. | 0:11:21 | 0:11:24 | |
This is going to be all-glass, | 0:11:24 | 0:11:26 | |
so it should, when it's finished, it should be quite impressive. | 0:11:26 | 0:11:31 | |
This will be where we will have passing trade | 0:11:31 | 0:11:33 | |
and people coming through. | 0:11:33 | 0:11:35 | |
We've just got to find the money to go on for the next 12 months | 0:11:35 | 0:11:38 | |
and then hopefully this will sort us all out from then on in. | 0:11:38 | 0:11:42 | |
In eight months' time, this construction site | 0:11:44 | 0:11:47 | |
would be a state-of-the-art shopping mall. | 0:11:47 | 0:11:49 | |
It's going to be one or two units... | 0:11:49 | 0:11:52 | |
Afterwards, back in the office, Denise and her partner and fellow director Nigel | 0:11:52 | 0:11:58 | |
showed me what the new JT's would look like. | 0:11:58 | 0:12:00 | |
In this business if you're not moving forward, | 0:12:00 | 0:12:03 | |
you're going backwards. | 0:12:03 | 0:12:04 | |
We can't continue trading in the place we're at now. | 0:12:04 | 0:12:08 | |
It's dying a death, this particular area of Swansea. | 0:12:08 | 0:12:12 | |
If we don't move there, we're going to have to move elsewhere, | 0:12:12 | 0:12:15 | |
but we can't continue where we are. | 0:12:15 | 0:12:17 | |
There's a great affection in Swansea for the store, | 0:12:17 | 0:12:22 | |
for the original JT Morgan and both his wives. | 0:12:22 | 0:12:27 | |
There's a lot of genuine affection. | 0:12:27 | 0:12:29 | |
He did a lot of good work and in some ways it would be nice to see | 0:12:29 | 0:12:33 | |
a little bit of the heritage carry on and if we can be the people | 0:12:33 | 0:12:37 | |
responsible for JT's having another 90 years of trading, | 0:12:37 | 0:12:41 | |
then I'll be very proud of it, personally. I really will. | 0:12:41 | 0:12:45 | |
Only if they survive this Christmas | 0:12:45 | 0:12:48 | |
would they make it to this new beginning. | 0:12:48 | 0:12:51 | |
-Are you. erm... -Browsing. -Browsing. -My wife is trying... -Oh, right. | 0:12:57 | 0:13:02 | |
How long have you been in here? All day, is it? | 0:13:02 | 0:13:05 | |
Yeah. Since this morning. | 0:13:05 | 0:13:08 | |
-A long day then. -Hmm. | 0:13:08 | 0:13:10 | |
What's your wife looking for, can I ask you? | 0:13:10 | 0:13:13 | |
Goodness knows. | 0:13:13 | 0:13:14 | |
-Do you like that? -Gorgeous, absolutely gorgeous. | 0:13:22 | 0:13:25 | |
If I was getting married - for the second time! | 0:13:25 | 0:13:30 | |
-If you were getting married for the second time? -Yeah, well, | 0:13:30 | 0:13:33 | |
if I was say, 50, and I didn't have my husband, my dear husband, | 0:13:33 | 0:13:40 | |
and I was getting married again, that's an ideal outfit. | 0:13:40 | 0:13:45 | |
-Just make it clear that you still love your husband?! -I do, yes, yes! | 0:13:45 | 0:13:49 | |
By the middle of November, | 0:13:51 | 0:13:53 | |
sales were still running at about 20% below break-even. | 0:13:53 | 0:13:57 | |
If JT Morgan's was going to make it to its new home and take its | 0:13:57 | 0:14:02 | |
80-strong workforce with it, | 0:14:02 | 0:14:04 | |
something was going to have to improve fast. | 0:14:04 | 0:14:07 | |
So John, the MD, got together with his wife and fellow director Nadine | 0:14:09 | 0:14:14 | |
and his operations manager Mark | 0:14:14 | 0:14:16 | |
to brainstorm a sales-boosting promotion. | 0:14:16 | 0:14:19 | |
No, twice... | 0:14:22 | 0:14:24 | |
We need a head-banging session, to come up with a promotion | 0:14:24 | 0:14:27 | |
that we can run to try and get some more turnover. We need the three | 0:14:27 | 0:14:30 | |
of us put our heads together and come up with something that, | 0:14:30 | 0:14:33 | |
if feasible, will drag them in. | 0:14:33 | 0:14:35 | |
Why don't you go 15% off furniture? | 0:14:35 | 0:14:38 | |
Somebody's wanting a new table for Christmas. | 0:14:38 | 0:14:40 | |
That's the only thing we've had any success with over the last... | 0:14:40 | 0:14:43 | |
I don't think furniture is enough. | 0:14:43 | 0:14:45 | |
Is furniture going to bring them in on their own? | 0:14:45 | 0:14:49 | |
I don't think so. So let's try and start it for a couple of weeks | 0:14:49 | 0:14:52 | |
and give 15% off all clothing. | 0:14:52 | 0:14:54 | |
Clothing, it's bad out there, they're all doing it. | 0:14:54 | 0:14:57 | |
What we could... 15% off jewellery? | 0:14:57 | 0:15:01 | |
Why don't we go just 15% off everything between now and...? | 0:15:01 | 0:15:07 | |
The first. | 0:15:07 | 0:15:08 | |
They decided to take 15% off everything for 10 days. | 0:15:10 | 0:15:13 | |
This was a drastic measure just before the busiest time of year. | 0:15:13 | 0:15:17 | |
But John told his managers he had no alternative. | 0:15:17 | 0:15:22 | |
Sales is getting better, but it's still not enough. | 0:15:22 | 0:15:24 | |
I'm loath to give away margin, but I've got to do it. | 0:15:24 | 0:15:27 | |
We've been there before but we're still here. We'll do it again. | 0:15:27 | 0:15:31 | |
3,000 letters were posted out to the most loyal customers. | 0:15:35 | 0:15:40 | |
Good afternoon, everybody, and welcome to JT Morgan. | 0:15:44 | 0:15:47 | |
Today we start our 15% off all JT's bought goods. | 0:15:47 | 0:15:51 | |
You now get 15% off. Thank you. | 0:15:51 | 0:15:54 | |
But the first day of the 15%-off promotion was quiet... | 0:16:00 | 0:16:07 | |
-It's the first day of sales today, isn't it? -It's our first sales day. | 0:16:07 | 0:16:10 | |
-It's not busy. -Quiet. -It's very quiet. | 0:16:10 | 0:16:13 | |
-It's very quiet, isn't it? -Yes, it's very quiet today. | 0:16:13 | 0:16:17 | |
-Dead. -Where are the others? | 0:16:17 | 0:16:20 | |
-It's the cold that's keeping customers away, isn't it? -Is it? | 0:16:20 | 0:16:24 | |
-But not you. -Sorry? -But not you. | 0:16:26 | 0:16:29 | |
I tell you what, I'm going to catch my bus in 10 minutes | 0:16:29 | 0:16:33 | |
and I thought rather than freeze to death at the bus-stop, | 0:16:33 | 0:16:38 | |
I'll make use of JT Morgan's facilities, have a look around. | 0:16:38 | 0:16:42 | |
So you've come in here just because you were waiting for a bus? | 0:16:42 | 0:16:46 | |
-Right. -Oh! | 0:16:46 | 0:16:49 | |
It's been really quiet. | 0:16:54 | 0:16:56 | |
The next nine days followed in similar fashion. | 0:16:59 | 0:17:02 | |
On day two, I waited with the staff in ladieswear | 0:17:04 | 0:17:07 | |
as they waited for customers to serve. | 0:17:07 | 0:17:10 | |
But with nothing to do, | 0:17:10 | 0:17:12 | |
we just ended up chatting about women's problems. | 0:17:12 | 0:17:16 | |
We're all roughly the same age, I think. | 0:17:16 | 0:17:19 | |
You must have quite a lot of camaraderie? | 0:17:19 | 0:17:21 | |
Oh, yes. We all get on. | 0:17:21 | 0:17:24 | |
That's why they employed us. | 0:17:24 | 0:17:26 | |
-We do get on in this department. -We do get on in this department. | 0:17:26 | 0:17:30 | |
The thing is, this department, we're all menopausal! | 0:17:30 | 0:17:33 | |
So we all get it wrong! | 0:17:33 | 0:17:37 | |
We all get hot flushes, | 0:17:37 | 0:17:39 | |
we've all got memory loss, we all get our words wrong. | 0:17:39 | 0:17:42 | |
What is it about being menopausal? What sort of state of mind... | 0:17:45 | 0:17:49 | |
You haven't got a mind! | 0:17:49 | 0:17:51 | |
Do you think we're senile?! | 0:17:51 | 0:17:55 | |
No, it's just that you said you... | 0:17:55 | 0:17:57 | |
He thinks we're senile, working in this department! | 0:17:57 | 0:18:00 | |
It's all a comedy act! | 0:18:05 | 0:18:07 | |
On the 4th day, I did get to film one customer, who Margaret, | 0:18:10 | 0:18:13 | |
the staff manager, was dealing with. | 0:18:13 | 0:18:17 | |
But they were only returning a jumper. | 0:18:17 | 0:18:20 | |
-Can I ask you if it's been worn? -No. | 0:18:20 | 0:18:23 | |
To me, this looks like it's been worn. | 0:18:23 | 0:18:25 | |
I know he's not worn it - it doesn't fit him. | 0:18:25 | 0:18:28 | |
He's large and it doesn't fit him. | 0:18:28 | 0:18:30 | |
Why was the label taken off? | 0:18:30 | 0:18:32 | |
-I've no idea. -It wasn't sold with the label off. | 0:18:32 | 0:18:36 | |
Yeah, it's been sitting in the bag for the last three weeks | 0:18:36 | 0:18:39 | |
to wait for the statement to come through. | 0:18:39 | 0:18:41 | |
We checked it upstairs and it's been worn. | 0:18:41 | 0:18:43 | |
-I know it's not been. -We can't do anything about this. | 0:18:43 | 0:18:46 | |
-Is that your bag? -I put it in that to bring it. | 0:18:50 | 0:18:54 | |
-There we are. -Thank you. -OK. | 0:18:54 | 0:18:55 | |
Good afternoon, everybody, and welcome to JT Morgan. | 0:19:02 | 0:19:05 | |
You now get 15% off. | 0:19:05 | 0:19:07 | |
This offer does exclude concessions, wines and spirits... | 0:19:07 | 0:19:11 | |
By the time we got to the 10th day, things were so quiet, | 0:19:15 | 0:19:18 | |
Geraint in menswear even began to see me as a potential customer. | 0:19:18 | 0:19:23 | |
-I think you're a casual sort of person. -Right. | 0:19:23 | 0:19:27 | |
A casual sort of person. | 0:19:27 | 0:19:28 | |
I think the only time you'd wear a tie would be... Maybe a wedding? | 0:19:28 | 0:19:32 | |
-A funeral? Possibly, yes? -Yes. | 0:19:32 | 0:19:34 | |
-Am I right? -Absolutely. -Exactly. | 0:19:34 | 0:19:37 | |
How about something funny and noisy? | 0:19:37 | 0:19:41 | |
-Noisy? -Funny and noisy? Would you like to follow me. | 0:19:41 | 0:19:45 | |
Something like this. | 0:19:45 | 0:19:46 | |
-DALEK VOICE: -You are an enemy of the Daleks... | 0:19:46 | 0:19:50 | |
You want me to wear that? | 0:19:50 | 0:19:52 | |
Yes! | 0:19:52 | 0:19:53 | |
Do you think I could carry something like that off? | 0:19:53 | 0:19:58 | |
Yes, I think so. Definitely. | 0:19:58 | 0:19:59 | |
If you were interviewing anybody and didn't like them, | 0:19:59 | 0:20:03 | |
you could press that and exterminate somebody! | 0:20:03 | 0:20:05 | |
Surely you'd only buy that for someone you really didn't like? | 0:20:07 | 0:20:12 | |
'I could have bought the Dalek tie, | 0:20:12 | 0:20:15 | |
'but I really didn't think it would make a difference. | 0:20:15 | 0:20:18 | |
'At the beginning of December, the 15% off sale came to an end. | 0:20:19 | 0:20:23 | |
'And I wanted to know how the shop had done.' | 0:20:23 | 0:20:27 | |
But when I caught up with John and Nadine in her office, | 0:20:29 | 0:20:32 | |
it was clear from their mood it hadn't gone well. | 0:20:32 | 0:20:35 | |
We must have been bad in our last lives. | 0:20:35 | 0:20:37 | |
Yes, somebody clearly don't like me up there. | 0:20:37 | 0:20:40 | |
-Do the staff ask you about the situation? -What situation? | 0:20:40 | 0:20:43 | |
-The situation with the shop? -No. -No, nobody has approached us. -No. | 0:20:43 | 0:20:47 | |
Nope. | 0:20:50 | 0:20:52 | |
Do you anticipate the staff will be...worried about the situation? | 0:20:54 | 0:21:00 | |
-I don't know. -If staff care, then they probably are worried. | 0:21:00 | 0:21:04 | |
They probably do worry but... | 0:21:04 | 0:21:07 | |
I suppose there's ones that just don't care and... | 0:21:07 | 0:21:11 | |
just think that we'll pull it out of the bag again. | 0:21:11 | 0:21:15 | |
That's probably a good analogy, that. | 0:21:15 | 0:21:17 | |
Yes, we'll do it again for them(!) They just turn up. | 0:21:17 | 0:21:20 | |
John was right - out on the shop floor, the staff were optimistic | 0:21:22 | 0:21:26 | |
JT Morgan's would survive. | 0:21:26 | 0:21:28 | |
Do you think Mr Coles and Denise can pull it round? | 0:21:29 | 0:21:35 | |
Yes, I think so. Yes. | 0:21:35 | 0:21:36 | |
Yes, I hope they can. | 0:21:39 | 0:21:42 | |
I've got faith in them anyway. | 0:21:42 | 0:21:44 | |
'I could see that John was no quitter. | 0:21:48 | 0:21:50 | |
'But after the failure of the 15% off sale, | 0:21:52 | 0:21:55 | |
'John knew that time was running out. | 0:21:55 | 0:21:58 | |
'So with just three weeks to go before Christmas, | 0:21:59 | 0:22:02 | |
'he held a second event aimed at boosting sales.' | 0:22:02 | 0:22:06 | |
The whisky is in the middle to pick up more profit. | 0:22:06 | 0:22:09 | |
Gin, vodka and whatever. | 0:22:09 | 0:22:12 | |
It was an event he'd run many times in the past and it had never failed. | 0:22:12 | 0:22:16 | |
BELL RINGING It's Santa Claus! | 0:22:16 | 0:22:19 | |
The Christmas VIP night. | 0:22:19 | 0:22:22 | |
Loyal customers were invited | 0:22:22 | 0:22:24 | |
to two evenings of private shopping once the store had closed. | 0:22:24 | 0:22:27 | |
Would you like a glass of wine and a mince pie? | 0:22:27 | 0:22:31 | |
They were offered mince pies. | 0:22:31 | 0:22:34 | |
In past years, the Christmas VIP night | 0:22:34 | 0:22:37 | |
had taken over £50,000 in just a few hours. | 0:22:37 | 0:22:41 | |
Some years we do fashion shows, | 0:22:41 | 0:22:43 | |
sometimes we get caricature artists in and face painting for their kids. | 0:22:43 | 0:22:49 | |
We've had Barbie and Shrek and all these sorts of ideas. | 0:22:49 | 0:22:51 | |
It's grown from there that | 0:22:51 | 0:22:53 | |
you have to keep giving them something different. | 0:22:53 | 0:22:55 | |
To make a difference this year, JT Morgan's was offering customers | 0:23:00 | 0:23:04 | |
a variety of Welsh alcoholic beverages. | 0:23:04 | 0:23:08 | |
The range included a Welsh Chardonnay, | 0:23:08 | 0:23:12 | |
a Welsh toffee vodka... | 0:23:12 | 0:23:14 | |
..and a Welsh whisky called Penderyn. | 0:23:16 | 0:23:19 | |
TANNOY RINGS | 0:23:26 | 0:23:28 | |
'Good evening, ladies and gentlemen, welcome to JT Morgan's VIP evening.' | 0:23:28 | 0:23:32 | |
Why not go upstairs to the top floor | 0:23:32 | 0:23:34 | |
and see our new range of wines and spirits from Welsh companies? | 0:23:34 | 0:23:38 | |
That's upstairs on the top floor and we're giving free tastings also. | 0:23:38 | 0:23:42 | |
Thank you. | 0:23:42 | 0:23:44 | |
Do you want to try one? | 0:23:44 | 0:23:47 | |
They're genuinely all local. | 0:23:47 | 0:23:49 | |
Try that. That'll refresh you. | 0:23:49 | 0:23:51 | |
Hmm, very refreshing. | 0:23:54 | 0:23:57 | |
They used to call me the vodka queen. | 0:23:57 | 0:24:00 | |
Try that, then. | 0:24:00 | 0:24:02 | |
Oh, that's nice. | 0:24:05 | 0:24:07 | |
The free tastings were proving popular | 0:24:07 | 0:24:10 | |
and elsewhere in the store business was brisk. | 0:24:10 | 0:24:13 | |
At one point the tills were taking over £80 a minute. | 0:24:13 | 0:24:17 | |
Brilliant. As long as Mr Coles smiles, he's all right. | 0:24:17 | 0:24:22 | |
When we're down, he doesn't speak. | 0:24:22 | 0:24:24 | |
We know he's in a good mood. | 0:24:24 | 0:24:26 | |
Everybody is happy now. As long as he's happy, | 0:24:26 | 0:24:29 | |
-we are, isn't that right, Becs? -Yes, definitely. | 0:24:29 | 0:24:32 | |
But would that be enough? | 0:24:33 | 0:24:35 | |
I'd prefer it to be vodka. | 0:24:38 | 0:24:40 | |
Work on the new home of JT Morgan's | 0:24:48 | 0:24:51 | |
was gaining momentum in the centre of Swansea. | 0:24:51 | 0:24:54 | |
But despite the good sales figures for the second VIP night, | 0:24:54 | 0:24:58 | |
the shop's future there was far from guaranteed. | 0:24:58 | 0:25:01 | |
People were taking their life in their own hands to come down there. | 0:25:01 | 0:25:04 | |
So Denise had decided there was another way of raising the cash | 0:25:04 | 0:25:07 | |
needed to save the 89-year-old business. She'd sue the council. | 0:25:07 | 0:25:12 | |
That's the view from down the shops. | 0:25:12 | 0:25:14 | |
We have these lorries up and down outside all of our stores. | 0:25:14 | 0:25:18 | |
Two years ago, the roads outside JT Morgan's | 0:25:18 | 0:25:21 | |
were dug up by Swansea Council, killing off passing trade. | 0:25:21 | 0:25:26 | |
We were completely and utterly cut off. There was no... | 0:25:26 | 0:25:30 | |
no way that anybody could get through to us. | 0:25:30 | 0:25:35 | |
Road closed everywhere. | 0:25:35 | 0:25:37 | |
You can see in here, all these shops are occupied. | 0:25:37 | 0:25:40 | |
They're all closed now. | 0:25:40 | 0:25:42 | |
It just took so many people out and brought others to the stage | 0:25:42 | 0:25:46 | |
where they're certainly on life support at the moment. | 0:25:46 | 0:25:51 | |
I want them to put me back | 0:25:51 | 0:25:52 | |
in the position that we'd have been had we traded normally. | 0:25:52 | 0:25:55 | |
So it's a significant amount of money. | 0:25:55 | 0:25:59 | |
Denise and the owners of two other shops | 0:25:59 | 0:26:02 | |
met with a solicitor in Cardiff. | 0:26:02 | 0:26:04 | |
They instructed him to start proceedings for compensation | 0:26:04 | 0:26:07 | |
against the council in the hope | 0:26:07 | 0:26:09 | |
it would make an out-of-court payout before Christmas. | 0:26:09 | 0:26:12 | |
Your instructions are that this must now go ahead. | 0:26:12 | 0:26:15 | |
We've got no real choice. But what we don't want | 0:26:15 | 0:26:17 | |
is any wriggle room for them. | 0:26:17 | 0:26:19 | |
We don't want any room left for them to give us another delay. | 0:26:19 | 0:26:22 | |
This won't be a short exercise if this case is defended | 0:26:22 | 0:26:27 | |
and it'll take your time and your money, I'm afraid. | 0:26:27 | 0:26:31 | |
I know, but if you could give us an indication. | 0:26:31 | 0:26:35 | |
Well, that'd be one of the tasks... | 0:26:35 | 0:26:36 | |
It looked like it could be a lengthy process. | 0:26:36 | 0:26:41 | |
I joined Denise and Nigel in a cafe after the meeting. | 0:26:41 | 0:26:46 | |
They seemed defiant. | 0:26:46 | 0:26:47 | |
We're caught between a rock and a hard place at the moment. | 0:26:47 | 0:26:51 | |
We can't get out, | 0:26:51 | 0:26:53 | |
we just have to push it all the way. | 0:26:53 | 0:26:55 | |
We've no other option really. | 0:26:55 | 0:26:57 | |
I'm damned if I'll lose it to the bloody council. Yeah, I really am. | 0:26:57 | 0:27:01 | |
I'm damned if I'm going to allow somebody else | 0:27:01 | 0:27:05 | |
to take the business away from me. | 0:27:05 | 0:27:08 | |
-If we go down, we'll go down fighting. -Yeah. | 0:27:08 | 0:27:10 | |
It's not over until the fat lady sings and I'm not singing yet! | 0:27:10 | 0:27:13 | |
Back at JT Morgan's there were hopes a last-minute Christmas rush | 0:27:13 | 0:27:18 | |
could still secure the shop's future. | 0:27:18 | 0:27:21 | |
At Christmas, all retailers do two-thirds of their annual turnover. | 0:27:21 | 0:27:26 | |
But at JT Morgan's it seemed Christmas had been cancelled. | 0:27:26 | 0:27:30 | |
Minus... | 0:27:32 | 0:27:34 | |
30? No... | 0:27:34 | 0:27:36 | |
Do you really want me to tell you how much we've taken? | 0:27:38 | 0:27:42 | |
£8. | 0:27:42 | 0:27:44 | |
Surely the one place at this time of year | 0:27:45 | 0:27:48 | |
you could absolutely guarantee being busy was the toy department? | 0:27:48 | 0:27:53 | |
But it wasn't. | 0:27:53 | 0:27:55 | |
I don't like it when it's quiet. | 0:27:55 | 0:27:57 | |
-We'd rather be busy. -How quiet is it? | 0:27:57 | 0:28:00 | |
Quite quiet this week, yes. | 0:28:00 | 0:28:02 | |
Is it as dead as a doornail? | 0:28:02 | 0:28:04 | |
Oh, my God, no! | 0:28:09 | 0:28:12 | |
I'm not telling you this. | 0:28:12 | 0:28:13 | |
OK. | 0:28:16 | 0:28:19 | |
It's really not good. | 0:28:19 | 0:28:21 | |
We've only done 695 and we're supposed to have done 1,695. Hmm... | 0:28:21 | 0:28:28 | |
MUSICAL TOY SINGS | 0:28:28 | 0:28:32 | |
It gets on your nerves after a while. He's stuck now. | 0:28:32 | 0:28:37 | |
-TOY: -# Merry...merry...merry... me-me-me.... # | 0:28:37 | 0:28:41 | |
What else have we got to do? | 0:28:41 | 0:28:43 | |
Not a lot, is there? | 0:28:43 | 0:28:45 | |
I can do it around my neck. | 0:28:45 | 0:28:47 | |
THEY CHUCKLE | 0:28:47 | 0:28:50 | |
Despite the deserted shop, | 0:28:50 | 0:28:51 | |
the staff still seemed unconcerned about their future. | 0:28:51 | 0:28:55 | |
I was getting worried | 0:28:55 | 0:28:56 | |
the shop might not be taking enough money to survive. | 0:28:56 | 0:28:59 | |
Go, go, go, go, go! | 0:28:59 | 0:29:01 | |
The VIP night had been a success, | 0:29:06 | 0:29:09 | |
but would that be enough to make up for this bad week? | 0:29:09 | 0:29:13 | |
I thought Denise's dream of moving to a new home for JT Morgan's | 0:29:17 | 0:29:22 | |
was a little uncertain. | 0:29:22 | 0:29:24 | |
A week before Christmas Eve, as John locked up | 0:29:35 | 0:29:39 | |
at the end of another bad day, he seemed a bit deflated. | 0:29:39 | 0:29:43 | |
I mean, I'm a bit flat at the moment so, at the end of the day, | 0:29:45 | 0:29:49 | |
you look at the store and this floor's probably as good | 0:29:49 | 0:29:52 | |
as any independent department store would want it to look, you know. | 0:29:52 | 0:29:57 | |
Instead of a 90-year celebration it could be a 90-year ruin, | 0:29:58 | 0:30:02 | |
which is not nice. | 0:30:02 | 0:30:04 | |
The next day Denise invited me to her office to go through | 0:30:15 | 0:30:18 | |
the sales figures for the last few days. | 0:30:18 | 0:30:20 | |
How are we doing today? | 0:30:20 | 0:30:22 | |
Crap, when I looked last time. | 0:30:22 | 0:30:24 | |
Not very well. 27% down on the day at the moment. | 0:30:24 | 0:30:27 | |
Her worst fears were confirmed. | 0:30:27 | 0:30:30 | |
The week's the one that's more depressing to me because we are now | 0:30:30 | 0:30:33 | |
20% down, which is disastrous. | 0:30:33 | 0:30:35 | |
Because of the time of year we do most of our trading in December - | 0:30:35 | 0:30:39 | |
in October, November, December - | 0:30:39 | 0:30:41 | |
so it's the equivalent of being 50% down in January. | 0:30:41 | 0:30:44 | |
Whilst I was filming, things suddenly took a dramatic turn. | 0:30:47 | 0:30:51 | |
With worse to come. | 0:30:52 | 0:30:54 | |
Denise had been considering asking the bank for an extension | 0:30:58 | 0:31:01 | |
to the shop's overdraft so they could continue trading into January. | 0:31:01 | 0:31:05 | |
But she got a message from the bank manager. | 0:31:05 | 0:31:09 | |
Looks like the bank's taken the choice off us. | 0:31:09 | 0:31:11 | |
They're going to send someone in to talk to us. | 0:31:11 | 0:31:14 | |
-Is that what the message just said? -Yeah. | 0:31:14 | 0:31:16 | |
So I'm going to have to talk to John and Nadine | 0:31:18 | 0:31:22 | |
but the bank have made it clear that they're not willing to see | 0:31:22 | 0:31:25 | |
the overdraft go up any higher than it already is. | 0:31:25 | 0:31:28 | |
Because the bank manager had frozen the overdraft, the shop was starved of cash | 0:31:30 | 0:31:35 | |
and there was still the Christmas wage bill to pay. | 0:31:35 | 0:31:38 | |
Welsh vodka? | 0:31:38 | 0:31:41 | |
The next morning something happened that I'd never seen before. | 0:31:41 | 0:31:45 | |
Everybody in favour of Nigel taking the minutes. | 0:31:45 | 0:31:48 | |
All four directors got together in John's office. | 0:31:48 | 0:31:50 | |
They had to find a way of saving 84 jobs, including their own. | 0:31:50 | 0:31:57 | |
We've got to look at everything. Everything possible. | 0:31:57 | 0:32:00 | |
Do we close for the first three months of next year | 0:32:00 | 0:32:03 | |
and then we know our losses will only be £15 a month? | 0:32:03 | 0:32:06 | |
There's a million and one permutations we'll have to look at. | 0:32:06 | 0:32:09 | |
Don't open till 10 in the morning? | 0:32:09 | 0:32:11 | |
-Go on to a five-day week instead of a six-day week? -Yes. | 0:32:11 | 0:32:15 | |
Everybody has Thursday off. | 0:32:15 | 0:32:18 | |
Halfway through the meeting it became clear | 0:32:18 | 0:32:20 | |
that a few people would have to be laid off. | 0:32:20 | 0:32:23 | |
Presumably it would mean some sort of staff cuts. | 0:32:23 | 0:32:28 | |
Er, yeah. And that is what the four-to-five day week would give us, | 0:32:28 | 0:32:33 | |
instead of the six day week. | 0:32:33 | 0:32:35 | |
Everybody would, er... | 0:32:35 | 0:32:38 | |
sort of... | 0:32:38 | 0:32:40 | |
We would need less people to run it | 0:32:40 | 0:32:42 | |
because there would be one day a week less. | 0:32:42 | 0:32:45 | |
I don't think we can get out of staff cuts, as much as I hate it. | 0:32:45 | 0:32:48 | |
It's not good, is it? But at the end of the day we have to try to survive. | 0:32:48 | 0:32:52 | |
We have to try to survive, don't we, as well? | 0:32:52 | 0:32:55 | |
So we've got to get rid of people. | 0:32:55 | 0:32:57 | |
It's better to have 70 people in work | 0:32:57 | 0:33:00 | |
rather than 80 people out of work. | 0:33:00 | 0:33:03 | |
If you want to put it as a real cruel scenario. | 0:33:03 | 0:33:05 | |
what do they say in the wars? Better to sacrifice a hundred for the sake of a million. | 0:33:05 | 0:33:10 | |
The meeting ended with a decision to make 10 people redundant in January. | 0:33:10 | 0:33:16 | |
Then, on 21st December, | 0:33:23 | 0:33:25 | |
whilst most businesses were winding down for the Christmas break, | 0:33:25 | 0:33:30 | |
the four directors set off to Cardiff for an emergency meeting | 0:33:30 | 0:33:34 | |
with some venture capitalists. | 0:33:34 | 0:33:36 | |
They were going to put their cost-saving plan | 0:33:44 | 0:33:47 | |
of making a few redundancies before the financiers, | 0:33:47 | 0:33:50 | |
in the hope they might support the shop in the next few months. | 0:33:50 | 0:33:53 | |
The four directors didn't want me to film the meeting. | 0:33:55 | 0:33:58 | |
But when they came out, | 0:34:00 | 0:34:01 | |
John, Nadine, Denise and Nigel seemed happy and relieved. | 0:34:01 | 0:34:06 | |
Very, very positive meeting. | 0:34:06 | 0:34:09 | |
Still a lot of detail to sort out but in principle | 0:34:09 | 0:34:12 | |
we think we've got a good solution going forward. | 0:34:12 | 0:34:16 | |
Still got a lot of work to do on figures, sales and costs | 0:34:16 | 0:34:19 | |
but, in principle, it's quite satisfying at this stage anyway. | 0:34:19 | 0:34:23 | |
They seemed pleased that we were talking to them at this stage | 0:34:23 | 0:34:27 | |
rather than in six months' time | 0:34:27 | 0:34:28 | |
when certain options wouldn't be available to us. | 0:34:28 | 0:34:31 | |
So, all in all, much happier today than we were yesterday. | 0:34:31 | 0:34:36 | |
TOY SANTA: Merry Christmas! Whoo! | 0:34:36 | 0:34:40 | |
A deal to save the shop had been struck. | 0:34:40 | 0:34:43 | |
For the first time since I'd arrived at JT's | 0:34:43 | 0:34:47 | |
there was something to feel good about. | 0:34:47 | 0:34:49 | |
The staff had no idea about the emergency meeting | 0:34:53 | 0:34:55 | |
but spirits were high on the shop floor in the run up to Christmas. | 0:34:55 | 0:35:00 | |
My back end's better than my front. | 0:35:00 | 0:35:02 | |
THEY CHUCKLE | 0:35:02 | 0:35:04 | |
-# Start spreading the news... # -That's better! | 0:35:04 | 0:35:07 | |
# ..I'm leaving today. # | 0:35:08 | 0:35:11 | |
Oh, you're not filming me, are you? Oh, bloody heck! | 0:35:11 | 0:35:14 | |
The shop closed on Christmas Eve with everyone happy | 0:35:14 | 0:35:18 | |
and excited about a few days off. | 0:35:18 | 0:35:21 | |
After the Christmas holiday, I returned to Swansea expecting to find JT's open for business | 0:35:35 | 0:35:40 | |
but I was in for a surprise. | 0:35:40 | 0:35:42 | |
The shop was closed. | 0:35:43 | 0:35:46 | |
Instead an emergency stock-take had been ordered by John. | 0:35:46 | 0:35:52 | |
When was it decided? | 0:35:52 | 0:35:53 | |
I only found out this morning - when I came in this morning. | 0:35:53 | 0:35:58 | |
I was in the dark as much as you. None of us knew | 0:35:58 | 0:36:01 | |
until we came in this morning. I thought we were just opened. | 0:36:01 | 0:36:05 | |
Because we're normally preparing for the week leading up to stocktaking. | 0:36:05 | 0:36:10 | |
It was decided late last night and John texted the senior managers | 0:36:19 | 0:36:23 | |
just to pre-warn them that they'd be closed today and doing stocktaking. | 0:36:23 | 0:36:28 | |
Every item for sale was logged to establish how much | 0:36:29 | 0:36:33 | |
the shop's total stock was worth. | 0:36:33 | 0:36:35 | |
She normally tells us about a fortnight before | 0:36:37 | 0:36:41 | |
and we get ready for things, we make sure everything's got tickets on | 0:36:41 | 0:36:47 | |
and go through our stockrooms | 0:36:47 | 0:36:49 | |
but this has, well, it has been thrown at us, really. | 0:36:49 | 0:36:54 | |
-Hasn't it, Jo? -We were very surprised | 0:36:54 | 0:36:57 | |
when we came in... | 0:36:57 | 0:36:59 | |
that the shop was shut because normally... | 0:36:59 | 0:37:02 | |
we'd be quite busy, really, after New Year. | 0:37:02 | 0:37:06 | |
For the first time since I'd been at JT Morgan's, | 0:37:06 | 0:37:09 | |
the staff seemed nervous about their future. | 0:37:09 | 0:37:12 | |
As I said, we've always been prepared before. | 0:37:12 | 0:37:15 | |
So you're bound to think, "What's happening?" | 0:37:15 | 0:37:18 | |
We are concerned, aren't we, really, because nobody knows what's going | 0:37:18 | 0:37:23 | |
to happen next or if they're going to start cutting hours or... | 0:37:23 | 0:37:27 | |
I was confused. Hadn't a deal been done in Cardiff to save the shop? | 0:37:30 | 0:37:36 | |
Something didn't seem right. | 0:37:36 | 0:37:38 | |
I would have asked Denise or John exactly what was going on | 0:37:38 | 0:37:43 | |
but they were nowhere to be found. | 0:37:43 | 0:37:45 | |
Even the operations manager, Mark, had no idea what was going on. | 0:37:45 | 0:37:50 | |
Are you worried about the shop? | 0:37:50 | 0:37:52 | |
Yeah. But I couldn't honestly tell you any more than that | 0:37:52 | 0:37:56 | |
because the directors have kept it to themselves at the moment. | 0:37:56 | 0:38:01 | |
-I couldn't tell you how bad a state we're in. -Right. -I don't know. | 0:38:01 | 0:38:05 | |
But I can tell you from gut feeling that we're in a pickle, | 0:38:05 | 0:38:09 | |
a rather large pickle, but actually how bad it is... | 0:38:09 | 0:38:12 | |
..I wouldn't know. | 0:38:14 | 0:38:15 | |
I've been told next to nothing... in the last week. | 0:38:15 | 0:38:20 | |
They've been constantly in meetings with banks and...God knows what. | 0:38:22 | 0:38:27 | |
We had to do to a stock-take at a 24-hour notice, | 0:38:27 | 0:38:31 | |
which we've never done before. | 0:38:31 | 0:38:33 | |
-And they are in a meeting right now? -Yep. Couldn't tell you who with. | 0:38:33 | 0:38:36 | |
Don't know where. | 0:38:36 | 0:38:38 | |
Are you worried about your job? | 0:38:40 | 0:38:42 | |
Yeah. Because my wife works here as well. | 0:38:42 | 0:38:45 | |
So... | 0:38:47 | 0:38:49 | |
if it went, it wouldn't be good for my household. | 0:38:49 | 0:38:52 | |
The next day, the shop was open to customers again | 0:38:55 | 0:38:59 | |
but there was still a strange atmosphere. | 0:38:59 | 0:39:01 | |
Even the customers sensed it. | 0:39:01 | 0:39:04 | |
Excuse me, hello. | 0:39:06 | 0:39:09 | |
I just wanted to ask you. | 0:39:09 | 0:39:10 | |
Have you shopped at JT Morgan's for long? | 0:39:10 | 0:39:13 | |
-Yes, many years. -Many years? | 0:39:13 | 0:39:15 | |
Do you like it? | 0:39:15 | 0:39:17 | |
Yes, very much, but I don't know what's happening at the moment. | 0:39:17 | 0:39:21 | |
-No, because it has an uncertain future, doesn't it? -Yes, yes. | 0:39:21 | 0:39:25 | |
But I've shopped here quite a lot. | 0:39:25 | 0:39:27 | |
It's been a very good store. | 0:39:33 | 0:39:35 | |
Has it, yes? Hmm. | 0:39:35 | 0:39:37 | |
It has over the years but it's been deteriorating | 0:39:39 | 0:39:42 | |
over the last couple of years. | 0:39:42 | 0:39:43 | |
Has it? Yeah? But you still shop here? | 0:39:43 | 0:39:47 | |
Yes. | 0:39:47 | 0:39:49 | |
-But it doesn't have the stock that they used to, by any means. -No. | 0:39:49 | 0:39:54 | |
I needed to speak to one of the directors, | 0:39:54 | 0:39:57 | |
but I could never catch Denise in. | 0:39:57 | 0:40:00 | |
I did find John in a meeting with Mark, | 0:40:06 | 0:40:09 | |
but he wasn't happy to talk to me. | 0:40:09 | 0:40:11 | |
-Hi. -Hi. -Is this a meeting that we can film? | 0:40:11 | 0:40:14 | |
It's only me and him just talking, that's all. | 0:40:14 | 0:40:17 | |
Is it of interest? | 0:40:17 | 0:40:18 | |
No, unless you want to talk about Everton and Norwich. Seriously. | 0:40:18 | 0:40:21 | |
All right, OK. Cheers. | 0:40:21 | 0:40:24 | |
-All right. -All right? -Cheers. -OK. | 0:40:24 | 0:40:27 | |
I didn't believe they were just talking about football. | 0:40:29 | 0:40:32 | |
Then, towards the end of the second week in January, | 0:40:34 | 0:40:37 | |
I finally caught up with Denise upstairs by the cash office. | 0:40:37 | 0:40:41 | |
-Morning. -How are you? | 0:40:41 | 0:40:43 | |
Er... | 0:40:43 | 0:40:46 | |
Knackered. Brain-dead. Physically dead. | 0:40:50 | 0:40:53 | |
And I've got shitloads to do still. | 0:40:53 | 0:40:57 | |
So, no further forward than I was on Monday. | 0:40:57 | 0:41:00 | |
But we're getting there. | 0:41:00 | 0:41:02 | |
-Can I just ask you what the current situation is? -Not here, no. | 0:41:02 | 0:41:06 | |
Can I just ask you what the latest is? | 0:41:21 | 0:41:24 | |
Give us two secs, will you? | 0:41:24 | 0:41:26 | |
Er... | 0:41:26 | 0:41:29 | |
The company's going to have to go into administration. | 0:41:29 | 0:41:32 | |
It can't continue trading as it is. | 0:41:32 | 0:41:33 | |
There's no way we can do it. | 0:41:33 | 0:41:35 | |
What I'm trying to do at the moment is sort out the where, when and how. | 0:41:35 | 0:41:41 | |
Will there have to be job losses? | 0:41:41 | 0:41:43 | |
Yes. The bloody company's ceasing trading. | 0:41:43 | 0:41:46 | |
Everybody's going to lose their job. | 0:41:46 | 0:41:48 | |
-I really do need some space now, Richard, please. -All right. | 0:41:48 | 0:41:52 | |
My fears were confirmed. | 0:41:52 | 0:41:54 | |
The deal that was struck in Cardiff must have gone wrong. | 0:41:54 | 0:41:58 | |
Going into administration was a worst-case scenario for JT Morgan's. | 0:41:58 | 0:42:04 | |
It meant that the company was no longer owned by Denise, Nigel, | 0:42:06 | 0:42:10 | |
John and Nadine. | 0:42:10 | 0:42:11 | |
First thing in the morning, | 0:42:14 | 0:42:16 | |
a group of administrators were going to come into the shop | 0:42:16 | 0:42:19 | |
and seize control of it. | 0:42:19 | 0:42:20 | |
Everything in the store, from the fittings and the stock | 0:42:20 | 0:42:24 | |
to the loyal workforce would now be in the hands of the administrators. | 0:42:24 | 0:42:29 | |
It was a strange feeling watching the staff going home that night. | 0:42:30 | 0:42:34 | |
I felt awkward, knowing what they didn't. | 0:42:34 | 0:42:37 | |
A lot of the stuff I was working on... | 0:42:40 | 0:42:42 | |
Denise told John and Nadine what to expect the next day. | 0:42:42 | 0:42:48 | |
When he arrives here, he'll be running the company. | 0:42:48 | 0:42:51 | |
And then we'll find out if we've got jobs tomorrow. | 0:42:51 | 0:42:54 | |
He doesn't have to keep any of us on. | 0:42:54 | 0:42:57 | |
So we will find out the same time as the staff does | 0:42:57 | 0:43:01 | |
who they want to keep and who they don't. It's completely up to them. | 0:43:01 | 0:43:05 | |
If they don't want to keep us, we get redundancy, | 0:43:07 | 0:43:10 | |
and if they do want to keep us, then we don't. | 0:43:10 | 0:43:13 | |
They need to keep us. It all revolves around the four of us. | 0:43:13 | 0:43:17 | |
Well, you say that, but at the end of the day, they will do whatever... | 0:43:17 | 0:43:23 | |
Yeah, I know, but... | 0:43:23 | 0:43:24 | |
the way this business is run, | 0:43:24 | 0:43:26 | |
nobody will move unless they've cleared it with us, | 0:43:26 | 0:43:29 | |
so how the hell they think this lot's going to sort it... | 0:43:29 | 0:43:33 | |
Not being disrespectful... | 0:43:33 | 0:43:34 | |
They can do whatever they want, John. They can do what they want. | 0:43:34 | 0:43:38 | |
They will run the company. | 0:43:38 | 0:43:39 | |
-What's your feelings for the staff tomorrow? -Gutted. | 0:43:39 | 0:43:42 | |
That's the worst single thing. | 0:43:42 | 0:43:44 | |
With virtually no exceptions, | 0:43:44 | 0:43:46 | |
I think, they've all worked really, really hard for us | 0:43:46 | 0:43:50 | |
in what has been a horrendous four years. | 0:43:50 | 0:43:53 | |
The only thing we haven't had thrown at us | 0:43:53 | 0:43:56 | |
is a plague of bleedin' locusts, isn't it? | 0:43:56 | 0:43:59 | |
Yeah, they'll be in tomorrow. | 0:43:59 | 0:44:01 | |
And then Denise had some advice for me. | 0:44:01 | 0:44:05 | |
Seriously, whether you stay here or not tomorrow, | 0:44:05 | 0:44:08 | |
will not be our decision. | 0:44:08 | 0:44:09 | |
If they arrive, | 0:44:09 | 0:44:12 | |
they're perfectly within their rights to say, | 0:44:12 | 0:44:15 | |
-"We want you to leave." -Right. | 0:44:15 | 0:44:17 | |
Irrespective of any agreement we've had with you. | 0:44:17 | 0:44:20 | |
That will be gone. | 0:44:20 | 0:44:23 | |
So, er, I would suggest to yourself, | 0:44:23 | 0:44:25 | |
because they're going to be very busy, a low profile. | 0:44:25 | 0:44:29 | |
Swansea Council had not offered any compensation for the roadworks, | 0:44:29 | 0:44:34 | |
but now, even if it did, it would be too late. | 0:44:34 | 0:44:38 | |
John felt angry his shop had been killed off | 0:44:43 | 0:44:47 | |
by forces outside his control. | 0:44:47 | 0:44:49 | |
I feel like putting my fist through that wall, | 0:44:49 | 0:44:52 | |
and going out there and digging the road up outside the council offices, | 0:44:52 | 0:44:57 | |
because I feel that, deep down, | 0:44:57 | 0:45:00 | |
it's probably torn me in two, because I love JT's. | 0:45:00 | 0:45:02 | |
I love what we've done, | 0:45:05 | 0:45:06 | |
and this was supposed to give me and Nadine the icing on the cake, | 0:45:06 | 0:45:11 | |
and it hasn't. It's gone in role reverse. | 0:45:11 | 0:45:14 | |
So I feel like shit. I feel like kicking something. | 0:45:14 | 0:45:17 | |
It'd be better than kicking somebody's head in. | 0:45:17 | 0:45:20 | |
Probably the biggest major mistake | 0:45:20 | 0:45:21 | |
was buying the bloody thing in the first place. | 0:45:21 | 0:45:24 | |
But we don't regret doing it, because we thought we could save it, | 0:45:25 | 0:45:30 | |
and we THOUGHT, with an open playing field, we would have succeeded. | 0:45:30 | 0:45:34 | |
But you can't succeed when no customers can get to your store | 0:45:34 | 0:45:37 | |
because there's bollards in the way and bloody dust everywhere | 0:45:37 | 0:45:40 | |
because they're digging up the bloody road | 0:45:40 | 0:45:42 | |
and there's a Portaloo outside the fucking door. | 0:45:42 | 0:45:45 | |
You're winding me up now. | 0:45:45 | 0:45:46 | |
If you don't take a chance, then what's the point of life, you know? | 0:45:46 | 0:45:51 | |
-Yeah. -If you've got an opportunity, take it. What's the point? | 0:45:51 | 0:45:55 | |
I'd do it again tomorrow. | 0:45:55 | 0:45:58 | |
What will be, will be. | 0:45:58 | 0:46:00 | |
She's right, actually. Nadine's policy of life is great. | 0:46:00 | 0:46:04 | |
You live for today, and what happens tomorrow happens. | 0:46:04 | 0:46:06 | |
The worst thing tomorrow is telling the staff out there. | 0:46:06 | 0:46:09 | |
I'll start crying in a minute, cos that is hard. | 0:46:11 | 0:46:14 | |
-How do you think you'll deal with that? -Not very well. | 0:46:14 | 0:46:18 | |
I suppose you must have thought about what their reactions | 0:46:18 | 0:46:21 | |
-are going to be like. -Yes. Some of them have been here 30, 40 years. | 0:46:21 | 0:46:25 | |
It's been their life. | 0:46:25 | 0:46:27 | |
So they're bound to get upset. | 0:46:33 | 0:46:35 | |
I'm getting upset now, so stop filming me like this. | 0:46:35 | 0:46:39 | |
They haven't got a clue. They've gone home tonight, | 0:46:41 | 0:46:44 | |
-and they haven't got a clue. -See you tomorrow. Bye! | 0:46:44 | 0:46:47 | |
-Night! -Good night! | 0:46:54 | 0:46:57 | |
The next morning, I followed Denise's advice, | 0:47:03 | 0:47:07 | |
and kept a low profile. | 0:47:07 | 0:47:10 | |
From the CCTV room, I could see people arriving. | 0:47:10 | 0:47:15 | |
The directors... | 0:47:19 | 0:47:21 | |
The staff... | 0:47:23 | 0:47:24 | |
..who were told not to go to their usual departments, | 0:47:27 | 0:47:30 | |
but instead, were assembled in the staffroom. | 0:47:30 | 0:47:33 | |
Then, after half an hour, the administrators arrived. | 0:47:39 | 0:47:43 | |
I went to where the staff were waiting. | 0:47:44 | 0:47:48 | |
-The meeting's on the shop floor, is it? -Yes. | 0:47:56 | 0:48:00 | |
Do you know what it's about? | 0:48:00 | 0:48:03 | |
No, not really. | 0:48:03 | 0:48:05 | |
We're all expecting the worst, because it's been so quiet. | 0:48:05 | 0:48:11 | |
It's hard to try and think positive at this stage. | 0:48:11 | 0:48:15 | |
Could everybody go to the restaurant? | 0:48:21 | 0:48:24 | |
Once all the staff were assembled in the restaurant, | 0:49:09 | 0:49:13 | |
John Coles arrived with a list he'd been given by the administrator. | 0:49:13 | 0:49:18 | |
He started to pick people out, and send them to another department. | 0:49:18 | 0:49:22 | |
-What's happening now? -We've been asked to go to Lingerie. | 0:49:24 | 0:49:27 | |
Then John and Nadine and two administrators | 0:49:32 | 0:49:35 | |
went into the restaurant, where most of the staff were waiting. | 0:49:35 | 0:49:39 | |
I wasn't allowed in the meeting. | 0:49:39 | 0:49:42 | |
The administrator told those staff | 0:49:42 | 0:49:45 | |
they had all been made redundant with immediate effect. | 0:49:45 | 0:49:48 | |
Then John was allowed to speak to them, one final time. | 0:49:52 | 0:49:56 | |
It's a sad day. I'm very sorry. | 0:49:58 | 0:50:00 | |
You're a family to us. | 0:50:03 | 0:50:05 | |
I didn't think I'd do this now, but I am. | 0:50:05 | 0:50:08 | |
We personally want to thank you for everything you've done. | 0:50:08 | 0:50:11 | |
We did our best to try and keep it going. | 0:50:11 | 0:50:15 | |
It's time to leave. | 0:50:15 | 0:50:17 | |
Hopefully, one day we'll work again together. | 0:50:17 | 0:50:19 | |
Genuinely, from all of us, thank you. | 0:50:19 | 0:50:23 | |
APPLAUSE | 0:50:23 | 0:50:26 | |
60 people were made redundant. | 0:50:36 | 0:50:39 | |
The remaining 20 were kept on by the administrators to run the shop | 0:50:39 | 0:50:44 | |
while it was put up for sale. | 0:50:44 | 0:50:46 | |
-Devastated. -Are you? | 0:50:46 | 0:50:48 | |
Really devastated. It's not me that's going to suffer. | 0:50:48 | 0:50:53 | |
-It's my grandchildren, cos I spoil 'em. -Aww... | 0:50:53 | 0:50:57 | |
I thought it might happen, so I was a bit prepared, I think. | 0:50:57 | 0:51:02 | |
-I'm so sorry. -Never mind. | 0:51:02 | 0:51:03 | |
We've got to look at it as a new beginning. Do something else. | 0:51:03 | 0:51:07 | |
-Are you without a job? -Yep, second time now. | 0:51:07 | 0:51:11 | |
I'm sorry. | 0:51:11 | 0:51:13 | |
Well, the writing was on the wall, really, wasn't it? | 0:51:13 | 0:51:19 | |
I've been here nearly 25 years. It would have been 25 years in April, | 0:51:19 | 0:51:23 | |
and I'm absolutely devastated. | 0:51:23 | 0:51:24 | |
I'm so sorry. | 0:51:24 | 0:51:26 | |
We were just all good friends as well, like family. | 0:51:26 | 0:51:30 | |
-Got on so well. -That's one of the hardest things, isn't it? | 0:51:30 | 0:51:34 | |
-One big family. -Are you all right, love? | 0:51:34 | 0:51:37 | |
I'm so upset, I can't talk. | 0:51:37 | 0:51:38 | |
I made some great friends here, and there's nothing you can do about it. | 0:51:43 | 0:51:49 | |
Very sad. | 0:51:49 | 0:51:51 | |
Not a very nice day at all. | 0:51:51 | 0:51:53 | |
The four directors also lost their jobs. | 0:51:59 | 0:52:03 | |
Technically, the four of us are up the creek without a paddle. | 0:52:03 | 0:52:06 | |
It's bad. I feel empty at the moment. | 0:52:06 | 0:52:10 | |
You got a spontaneous applause. | 0:52:10 | 0:52:14 | |
Yes, because I think they know we're genuine people. | 0:52:14 | 0:52:17 | |
We wouldn't have done this. | 0:52:17 | 0:52:19 | |
If there was some way that we could have pulled a rabbit out of the hat, | 0:52:19 | 0:52:22 | |
and we've all worked damn hard to try and do it, | 0:52:22 | 0:52:25 | |
we wouldn't have done this. Yeah, the staff clapped me, but... | 0:52:25 | 0:52:28 | |
It don't mean fuck all, because I've made them all redundant. | 0:52:28 | 0:52:32 | |
It's fucking shit. It really is. | 0:52:32 | 0:52:35 | |
We feel we've let them down. | 0:52:35 | 0:52:37 | |
..everything has been tried... | 0:52:44 | 0:52:48 | |
A lot of these people have families, you know? | 0:52:48 | 0:52:53 | |
What can you do? | 0:52:53 | 0:52:54 | |
We've got kids, as well, but... | 0:52:56 | 0:52:58 | |
-It's hard. -No matter what you do, you still feel guilty. | 0:53:00 | 0:53:04 | |
It feels like a death. | 0:53:05 | 0:53:07 | |
It really does feel like a death. | 0:53:07 | 0:53:09 | |
Margaret had been here years as well, hadn't you? | 0:53:09 | 0:53:11 | |
-Yes, she'll have been here for 25. -22, 23. | 0:53:11 | 0:53:15 | |
-Is it much worse than you'd imagined, Margaret? -Oh, yeah. | 0:53:19 | 0:53:22 | |
Definitely. It's worse than what I imagined. | 0:53:22 | 0:53:26 | |
-I'll go and tell Jean we're going on, all right? -Take care. | 0:53:26 | 0:53:30 | |
Sorry, Bev. I really am. | 0:53:39 | 0:53:41 | |
I'm sorry. | 0:53:45 | 0:53:47 | |
For several weeks, JT Morgan's was run by the administrators | 0:54:04 | 0:54:09 | |
and a skeleton staff while a buyer was sought. | 0:54:09 | 0:54:12 | |
Gradually, departments were shut down as the stock was sold off. | 0:54:21 | 0:54:26 | |
After two months, I found the place almost unrecognisable. | 0:54:29 | 0:54:33 | |
Vast areas lay empty. | 0:54:33 | 0:54:36 | |
How sad it was, I thought, | 0:54:36 | 0:54:37 | |
that this lovely old shop should meet its end in this way. | 0:54:37 | 0:54:41 | |
It was looking as if it would never sell. | 0:54:45 | 0:54:48 | |
But then, after three months, | 0:54:48 | 0:54:51 | |
a consortium of four people put in a successful bid. | 0:54:51 | 0:54:55 | |
Good afternoon, ladies and gentlemen and welcome back to your JT Morgan. | 0:54:55 | 0:55:00 | |
On offer today in our fashions department, | 0:55:00 | 0:55:02 | |
we're giving 50% off in your JT's, and it's nice to be back. | 0:55:02 | 0:55:06 | |
I was shocked. | 0:55:06 | 0:55:08 | |
John, Denise, Nadine and Nigel had bought JT Morgan's back. | 0:55:13 | 0:55:18 | |
-Hello there. Did you know JT Morgan's would be open? -No. | 0:55:18 | 0:55:23 | |
-We bought it back last week. -Did you? -Yes. | 0:55:23 | 0:55:26 | |
So we're having a big sale now with 50% off. | 0:55:26 | 0:55:28 | |
-How long is it lasting? -A couple of weeks, | 0:55:28 | 0:55:31 | |
and then we'll reopen the store again with the new departments. | 0:55:31 | 0:55:34 | |
-I'll be around. -Good, good. | 0:55:34 | 0:55:36 | |
We've taken JT's back and it's gonna go onwards and upwards, | 0:55:36 | 0:55:40 | |
and soon we'll be moving over to the new store. | 0:55:40 | 0:55:43 | |
It's nice to see you back in the store. | 0:55:43 | 0:55:46 | |
I'm very pleased about that, because I like JT's. | 0:55:46 | 0:55:48 | |
We're back. What don't kill you makes you stronger, hopefully. | 0:55:48 | 0:55:52 | |
They'd only just managed to secure a refinancing deal | 0:55:52 | 0:55:56 | |
to get the company back. | 0:55:56 | 0:55:57 | |
They exchanged on the Wednesday. | 0:55:57 | 0:56:00 | |
-We were told on Monday that the backers had pulled out. -Really? | 0:56:00 | 0:56:03 | |
Tuesday afternoon, they were talking to us again, | 0:56:03 | 0:56:06 | |
and it wasn't until the following Wednesday | 0:56:06 | 0:56:09 | |
before we actually finalised it. | 0:56:09 | 0:56:11 | |
So there wasn't a point when we... It's not over till it's over, is it? | 0:56:11 | 0:56:16 | |
The 60 staff who were made redundant weren't being re-employed. | 0:56:17 | 0:56:21 | |
But those who were working at JT's now had customers to serve. | 0:56:21 | 0:56:26 | |
One of Nadine's comments on the first day back | 0:56:26 | 0:56:28 | |
was that the staff were smiling | 0:56:28 | 0:56:29 | |
because there were customers coming back in, | 0:56:29 | 0:56:31 | |
cos they'd heard we'd got the store back. | 0:56:31 | 0:56:33 | |
It was good. All the staff were smiling because it was busy. | 0:56:33 | 0:56:35 | |
And we were busy. Even I was on the till last Friday. | 0:56:35 | 0:56:39 | |
I'd not seen John and the others looking so happy and relaxed before. | 0:56:41 | 0:56:46 | |
I admired their determination. | 0:56:46 | 0:56:49 | |
After all they'd been through, I thought they deserved to succeed. | 0:56:49 | 0:56:53 | |
What odds do you give yourselves for success in this new venture? | 0:56:53 | 0:56:58 | |
Less than 50-50. | 0:57:02 | 0:57:03 | |
-Really? -Yeah. -Seriously? | 0:57:03 | 0:57:05 | |
Less than 50-50? | 0:57:05 | 0:57:08 | |
Retail's shite at the moment. | 0:57:08 | 0:57:09 | |
It's the most crazy thing in the entire world | 0:57:13 | 0:57:15 | |
to start a retail business at the moment. | 0:57:15 | 0:57:18 | |
What will you do if it all goes belly up again? | 0:57:18 | 0:57:21 | |
-Go bankrupt. -Go bankrupt! | 0:57:21 | 0:57:23 | |
It's down to them bastards now. | 0:57:23 | 0:57:26 | |
I'm off to the Maldives. | 0:57:26 | 0:57:28 | |
Subtitles by Red Bee Media Ltd | 0:57:55 | 0:57:58 | |
E-mail [email protected] | 0:57:58 | 0:58:01 |