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The question I get asked mostly in here, believe it or not, | 0:00:02 | 0:00:04 | |
-is "how much is this?" -How much is this? | 0:00:04 | 0:00:06 | |
That is the truth. | 0:00:08 | 0:00:09 | |
How much are these chamois? | 0:00:09 | 0:00:11 | |
They're shops with a magical formula. | 0:00:13 | 0:00:16 | |
It must cost more to make what they're selling. | 0:00:16 | 0:00:19 | |
How they do it, I'll never know. | 0:00:19 | 0:00:20 | |
Everything costs a pound. | 0:00:20 | 0:00:23 | |
Buy more! | 0:00:23 | 0:00:25 | |
Bargain in itself! | 0:00:25 | 0:00:27 | |
And some people have fallen under their spell. | 0:00:27 | 0:00:30 | |
-Football! -This is the most expensive shop in the centre. | 0:00:30 | 0:00:34 | |
You buy one thing, then you find another, then you find another. | 0:00:34 | 0:00:37 | |
-It's just so cheap. -I like a bargain. | 0:00:37 | 0:00:39 | |
There's now a pound shop in almost every town and city. | 0:00:41 | 0:00:45 | |
Bloody brilliant. I love Poundworld. | 0:00:45 | 0:00:49 | |
But for Chris Edwards, owner of the Poundworld empire, it's war. | 0:00:50 | 0:00:56 | |
It's an insult to everything we try and stand for, it's ridiculous. | 0:00:56 | 0:00:59 | |
It's a cut-price, cut-throat battle for survival | 0:00:59 | 0:01:03 | |
against giant pound shop chains, | 0:01:03 | 0:01:05 | |
and now the supermarkets. | 0:01:05 | 0:01:08 | |
They should put "thief" across the front of their head, | 0:01:08 | 0:01:10 | |
chop their fingers off or something. | 0:01:10 | 0:01:12 | |
And as customers get more savvy... | 0:01:12 | 0:01:14 | |
The biscuits, only 49p in ASDA | 0:01:14 | 0:01:16 | |
and it's a better quality of brand and everything. | 0:01:16 | 0:01:18 | |
..it's a fight to find new tricks to keep the magic alive. | 0:01:18 | 0:01:22 | |
We've saved a fraction by not including any underwear. | 0:01:22 | 0:01:25 | |
She doesn't mind, she's got a smile on her face | 0:01:25 | 0:01:28 | |
This time the competition launches a price war. | 0:01:28 | 0:01:32 | |
That's 3p that I'm saving. | 0:01:32 | 0:01:36 | |
It's frightening cos if we took 3p off our profit margin | 0:01:36 | 0:01:39 | |
we'd be out of business. | 0:01:39 | 0:01:40 | |
So Chris strikes back with a £1 bra. | 0:01:41 | 0:01:44 | |
Have you seen these? They're already our breast seller. | 0:01:44 | 0:01:47 | |
Yeah? | 0:01:49 | 0:01:50 | |
Soon there's a storm in a D cup. | 0:01:50 | 0:01:53 | |
Now we haven't got it in again and I don't know what to do. | 0:01:53 | 0:01:56 | |
Somebody's made a big boob. | 0:01:56 | 0:01:57 | |
Big smiles. I'm trying to not get the Poundstretcher in. | 0:02:03 | 0:02:07 | |
Oh, don't do that. | 0:02:07 | 0:02:08 | |
Ooh! It's a big day for Chris Edwards. | 0:02:08 | 0:02:11 | |
He's just signed a new bank deal to help his company Poundworld grow. | 0:02:11 | 0:02:16 | |
But arch-rival Poundland, two doors down, | 0:02:17 | 0:02:20 | |
seems to be the name on everyone's lips. | 0:02:20 | 0:02:23 | |
Did you want to do this shop with the Poundland at the back? | 0:02:23 | 0:02:27 | |
-World. -World. -Poundland? | 0:02:27 | 0:02:30 | |
THEY LAUGH | 0:02:30 | 0:02:33 | |
It's like a swear word. I can't say it, I cannot say it. | 0:02:33 | 0:02:37 | |
Yes, our competitor next door. | 0:02:37 | 0:02:39 | |
-I just got Poundland in the back as well, which is good. -World! | 0:02:39 | 0:02:43 | |
World, world, world! | 0:02:43 | 0:02:45 | |
Me and you are going to fall out. | 0:02:47 | 0:02:48 | |
US-owned Poundland is Britain's largest pound shop chain. | 0:02:51 | 0:02:55 | |
But Chris wants their crown, and from his headquarters in Wakefield, | 0:02:57 | 0:03:02 | |
he's waging a campaign to become Britain's biggest pound shop empire. | 0:03:02 | 0:03:07 | |
It's a war every day. | 0:03:08 | 0:03:10 | |
We come to work every day, gumshield in, shinpads on, get on with it. | 0:03:10 | 0:03:13 | |
Right, then, what's first? | 0:03:13 | 0:03:16 | |
I've got a few issues at the moment. | 0:03:16 | 0:03:18 | |
He's got a no-nonsense management team. | 0:03:18 | 0:03:21 | |
Can we pay our way on the back of it? | 0:03:21 | 0:03:23 | |
But their meetings are often interrupted by more pressing matters. | 0:03:23 | 0:03:28 | |
-Do you want any toast or anything? -No, no. | 0:03:28 | 0:03:31 | |
There's some grapes in there | 0:03:31 | 0:03:34 | |
and a little bottle of stuff. | 0:03:34 | 0:03:36 | |
Alice, Chris's 86-year-old mum, clocks in daily. | 0:03:36 | 0:03:41 | |
She's the self-appointed fat controller, | 0:03:41 | 0:03:44 | |
monitoring everything he eats. | 0:03:44 | 0:03:46 | |
It's supposed to reduce cholesterol, | 0:03:46 | 0:03:49 | |
it's supposed to make you feel fit, | 0:03:49 | 0:03:51 | |
and I think the stressful job he does, I think every little helps. | 0:03:51 | 0:03:56 | |
She bought this treat from one of Chris's competitors. | 0:03:56 | 0:03:59 | |
Well, I'll not show Morrison's because they sell pound stuff. | 0:03:59 | 0:04:03 | |
SHE LAUGHS | 0:04:03 | 0:04:05 | |
I'm covering it up, I'm not giving then no adverts! | 0:04:05 | 0:04:08 | |
This is a family firm. | 0:04:10 | 0:04:12 | |
Morning, boss, you all right? | 0:04:12 | 0:04:15 | |
Chris's brother is in the business, too, | 0:04:15 | 0:04:17 | |
and this family has worked together for a very long time. | 0:04:17 | 0:04:21 | |
That's your great-granddad Edwards, | 0:04:21 | 0:04:24 | |
that's the trapeze artist that was born in 1862. | 0:04:24 | 0:04:28 | |
I hope I'd be retired by then! | 0:04:28 | 0:04:29 | |
Chris's family has worked on travelling fairs | 0:04:32 | 0:04:35 | |
for nearly 200 years. | 0:04:35 | 0:04:36 | |
That's when you were in school. | 0:04:40 | 0:04:41 | |
He went six months at school and six months on the road, | 0:04:43 | 0:04:45 | |
travelling fairgrounds, and that's an education in itself. | 0:04:45 | 0:04:49 | |
You're brought up to basically work. | 0:04:50 | 0:04:52 | |
You're working from a very young age. | 0:04:52 | 0:04:54 | |
Very hard work. A lot of people don't appreciate the fact. | 0:04:55 | 0:04:59 | |
It's something to be proud of. | 0:04:59 | 0:05:00 | |
It is something to be proud of, to survive like we did. | 0:05:00 | 0:05:03 | |
The family also had a market stall, | 0:05:05 | 0:05:07 | |
which Chris and his brother turned into a pound shop empire. | 0:05:07 | 0:05:11 | |
People say, "You've done well to get from that." | 0:05:11 | 0:05:14 | |
Well, it's only took us 40 years! | 0:05:14 | 0:05:15 | |
And a lot of hard work, I can tell you. | 0:05:15 | 0:05:17 | |
But the hard work is far from over. | 0:05:17 | 0:05:20 | |
'What drives you now is the fear of going skint.' | 0:05:20 | 0:05:23 | |
I just liken it to a tsunami coming over the hill, | 0:05:23 | 0:05:25 | |
and if you take your eyes off the business, it'll engulf you. | 0:05:25 | 0:05:29 | |
The threats are flooding in. | 0:05:29 | 0:05:32 | |
High streets are bursting with discounters and supermarkets | 0:05:32 | 0:05:36 | |
offering £1 bargains. | 0:05:36 | 0:05:38 | |
Some are selling for under a pound, | 0:05:38 | 0:05:40 | |
and one rival - Southern-based 99p Stores - is expanding north | 0:05:40 | 0:05:46 | |
onto Chris's patch. | 0:05:46 | 0:05:48 | |
In Burnley, they're right next door. | 0:05:49 | 0:05:52 | |
They've got Pringles at 99p. | 0:05:52 | 0:05:54 | |
But his managers here are ready for the fight. | 0:05:54 | 0:05:58 | |
Right, can somebody put two green milk in that gap for us, | 0:06:02 | 0:06:04 | |
make that shelf look OK? Thank you, thank you. | 0:06:04 | 0:06:07 | |
The secret to winning this war | 0:06:08 | 0:06:10 | |
is maintaining the opening day standards that we've had from day one | 0:06:10 | 0:06:14 | |
cos that's what draws the customers in. | 0:06:14 | 0:06:16 | |
Ian Gilbert is the assistant manager. | 0:06:16 | 0:06:19 | |
I'm the grafter with laughter, I get exactly what customers are after. | 0:06:19 | 0:06:22 | |
If they're in doubt, give us a shout, | 0:06:22 | 0:06:24 | |
I sort them out, that's what it's about. | 0:06:24 | 0:06:25 | |
Can I interest you in a pack of Caramacs today for a pound? | 0:06:25 | 0:06:28 | |
-Would you like two for £2 then? -No! | 0:06:28 | 0:06:31 | |
You have to act fast, think fast, work fast and talk fast | 0:06:31 | 0:06:33 | |
and that's what I do in this business. | 0:06:33 | 0:06:35 | |
These shoes, I'm surprised they're not sponsored by Michelin | 0:06:35 | 0:06:37 | |
cos the amount of rubber they burn, I'm telling you. | 0:06:37 | 0:06:40 | |
I don't think he stops from the minute he comes in | 0:06:42 | 0:06:45 | |
to the minute goes out at half six. | 0:06:45 | 0:06:46 | |
Sometimes customers think, has he got a twin, him, or what? | 0:06:48 | 0:06:51 | |
Thank you, chief. | 0:06:53 | 0:06:55 | |
Nice footwork. | 0:06:55 | 0:06:56 | |
I'd love to clone myself like Dolly the sheep, Ian the sheep | 0:06:58 | 0:07:00 | |
and have double wages, know what I mean? | 0:07:00 | 0:07:02 | |
But I don't think that's going to happen. | 0:07:02 | 0:07:04 | |
Ian's Superman. He's pretty much like me. | 0:07:06 | 0:07:10 | |
He's a lot younger than me | 0:07:10 | 0:07:11 | |
-and he's obviously a lot fitter than me. -Only just! | 0:07:11 | 0:07:14 | |
HE GRUNTS | 0:07:15 | 0:07:17 | |
Jeff is the manager. He runs a tight ship. | 0:07:17 | 0:07:21 | |
Can I interest you in a six-pack of Polo mints for a pound? | 0:07:21 | 0:07:24 | |
Six-pack of Polo mints for a pound? | 0:07:24 | 0:07:27 | |
Can I interest you in a six-pack of Polos for a pound? | 0:07:27 | 0:07:29 | |
-No, thank you. -OK. | 0:07:29 | 0:07:31 | |
Do you not think it's a bit repetitive? | 0:07:31 | 0:07:33 | |
-You need to think outside the box here. -Box, yes. | 0:07:33 | 0:07:36 | |
It's not just 99p stores they're fighting. | 0:07:36 | 0:07:39 | |
Poundland's also in the same shopping centre. | 0:07:39 | 0:07:42 | |
When we first opened, like, you know, | 0:07:42 | 0:07:44 | |
basically it was a blank chequebook, know what I mean? | 0:07:44 | 0:07:47 | |
We had 20 or 30 staff doing ten, up to 40 hours a week | 0:07:47 | 0:07:50 | |
when obviously now we can't sustain that. | 0:07:50 | 0:07:52 | |
As competition has grown, staff numbers have been cut. | 0:07:52 | 0:07:56 | |
Nobody can afford to lose any business whatsoever | 0:07:56 | 0:08:00 | |
and that's why we work so hard. | 0:08:00 | 0:08:01 | |
We've got to do all we can to survive. | 0:08:01 | 0:08:03 | |
Big ball, big ball, big ball, banana, big ball, banana, £1. | 0:08:06 | 0:08:10 | |
Any ball £1, any ball £1, any ball £1. | 0:08:10 | 0:08:13 | |
Nice cherry. | 0:08:13 | 0:08:15 | |
The battle for peoples' pounds is now so fierce | 0:08:15 | 0:08:18 | |
that shops often change tactics to win shoppers over. | 0:08:18 | 0:08:22 | |
Banana, 50 pence, come on, come on, banana 50p. | 0:08:22 | 0:08:25 | |
In East Ham, Poundland is trying a cunning plan. | 0:08:25 | 0:08:29 | |
They've cut prices to just 97p. | 0:08:29 | 0:08:34 | |
That's 3p that I'm saving on each item. | 0:08:34 | 0:08:39 | |
-Everything could have been... -What was it? -£6? £6. | 0:08:39 | 0:08:42 | |
But it came to £5.87. I'm happy. | 0:08:42 | 0:08:45 | |
Nice three-penny off. | 0:08:45 | 0:08:48 | |
I'll go four times a week. | 0:08:48 | 0:08:49 | |
Laundry bags, sweets, | 0:08:51 | 0:08:52 | |
whatever you like in there, it's fantastic in there. | 0:08:52 | 0:08:55 | |
-It does get a bit confusing, though. -Yeah. -You can't add up 97p. | 0:08:55 | 0:09:00 | |
-Every penny counts. -It really does! | 0:09:02 | 0:09:04 | |
Two doors down, where Chris has a new shop, they aren't so pleased. | 0:09:06 | 0:09:10 | |
News of the latest offensive soon reaches headquarters. | 0:09:12 | 0:09:16 | |
East Ham, where we had one of our most successful stretches last year, | 0:09:16 | 0:09:20 | |
Poundland have come back by changing to... 97p-land. | 0:09:20 | 0:09:26 | |
It's frightening, they are a big American company. | 0:09:26 | 0:09:29 | |
If they rolled it across, it would be a major impact | 0:09:29 | 0:09:32 | |
because if we took three pence per item off our profit margin, | 0:09:32 | 0:09:37 | |
we'd be out of business. | 0:09:37 | 0:09:38 | |
Can I make a suggestion where these should go? | 0:09:40 | 0:09:43 | |
In the bin! | 0:09:43 | 0:09:45 | |
But Poundland isn't the only fixed- price rival threatening a price war. | 0:09:45 | 0:09:50 | |
Some good offers there, Ian. | 0:09:50 | 0:09:53 | |
Look at that sugar. | 0:09:53 | 0:09:55 | |
99p Stores is cutting prices, too. | 0:09:55 | 0:09:59 | |
Twin-pack as well. That's a good deal for a twin pack, 69p. | 0:09:59 | 0:10:03 | |
'They've decided to enter that price war' | 0:10:03 | 0:10:07 | |
and they're hoping that those posters will get the customers in | 0:10:07 | 0:10:10 | |
and obviously take it away from us. And that, to me, that scares me | 0:10:10 | 0:10:14 | |
because if we haven't got the right range and the right product | 0:10:14 | 0:10:17 | |
at the right time, then obviously | 0:10:17 | 0:10:18 | |
where we're situated and where the competition is so close, | 0:10:18 | 0:10:22 | |
the customer can just turn around and walk out and go elsewhere. | 0:10:22 | 0:10:26 | |
It's a cut-throat business out there. | 0:10:27 | 0:10:29 | |
We are, I suppose, pirates on the high sea. | 0:10:29 | 0:10:32 | |
At HQ, Chris's team is starting to fight back. | 0:10:33 | 0:10:37 | |
Chris, when you've got a sec, | 0:10:38 | 0:10:40 | |
can I just show you one of these new lines, please? Cheers. | 0:10:40 | 0:10:43 | |
Head buyer Daniel has got his hands on something | 0:10:43 | 0:10:47 | |
that's getting him very excited. | 0:10:47 | 0:10:50 | |
We need to talk bras. | 0:10:50 | 0:10:52 | |
The benchmarked price for these in the marketplace is up to like £20 | 0:10:52 | 0:10:57 | |
and we can put this in and retail it for a pound, I think. | 0:10:57 | 0:11:00 | |
What's the initial order going to be, do you think? | 0:11:00 | 0:11:02 | |
This has got to be half a million pieces, easy. | 0:11:02 | 0:11:05 | |
You should just go with your instinct, what you think. | 0:11:05 | 0:11:08 | |
If you think we need half a million, let's get half a million bought. | 0:11:08 | 0:11:11 | |
This is a serious wow! | 0:11:11 | 0:11:13 | |
But this is no ordinary bra - | 0:11:16 | 0:11:19 | |
it's the secret weapon in a full-frontal assault | 0:11:19 | 0:11:23 | |
to bazooka their rivals. | 0:11:23 | 0:11:25 | |
The bra is what we would call a wow product. | 0:11:25 | 0:11:28 | |
When they see something like this on the shelf they go, "Wow, look at that," | 0:11:28 | 0:11:31 | |
so we just naturally call it a wow product. | 0:11:31 | 0:11:34 | |
Some examples of the wow products we've had in the past, | 0:11:34 | 0:11:37 | |
this desktop calculator - | 0:11:37 | 0:11:39 | |
when we first got that, we thought that was brilliant, | 0:11:39 | 0:11:42 | |
it's just a pound. | 0:11:42 | 0:11:44 | |
This is another product - well packaged, quartz movement, | 0:11:44 | 0:11:48 | |
sold for a pound. Even I couldn't believe it. | 0:11:48 | 0:11:51 | |
To make the £1 bra they went to China | 0:11:52 | 0:11:55 | |
and found a factory already making a more expensive version. | 0:11:55 | 0:12:00 | |
They then used cheaper material with slightly less elastic | 0:12:00 | 0:12:04 | |
and ordered in bulk. | 0:12:04 | 0:12:06 | |
But is there a difference in stretchiness? | 0:12:06 | 0:12:08 | |
They're the same, all them pleats are the same. | 0:12:08 | 0:12:12 | |
Alice has been asked to compare her son's new bra with a £13 version. | 0:12:12 | 0:12:17 | |
Well, I can't see no difference, really. | 0:12:17 | 0:12:20 | |
I can't believe it's a pound. Crikey! | 0:12:20 | 0:12:23 | |
It's a throwaway product, I suppose, at a Tom Jones concert, isn't it? | 0:12:23 | 0:12:27 | |
You wouldn't be worried about swinging your bra and throwing it at that price, would you? | 0:12:27 | 0:12:31 | |
Not if they're only going to cost you a pound. | 0:12:31 | 0:12:33 | |
It should be an exceptional line but with it being an exceptional line | 0:12:33 | 0:12:36 | |
it could also put us up for an exceptional fall if I'm wrong. | 0:12:36 | 0:12:40 | |
Some wow products have left Chris red-faced. | 0:12:40 | 0:12:43 | |
We got this TV remote saying it was a fantastic item. | 0:12:43 | 0:12:46 | |
We sold thousands, fantastic, repeat order, | 0:12:46 | 0:12:49 | |
the factory couldn't give us what we want, | 0:12:49 | 0:12:51 | |
so we moved on to a second factory, | 0:12:51 | 0:12:53 | |
we didn't bother having the Trading Standards test because | 0:12:53 | 0:12:56 | |
it was in our eyes exactly the same item. Unfortunately they didn't work. | 0:12:56 | 0:13:00 | |
Trading Standards got involved | 0:13:00 | 0:13:02 | |
and it cost us a fine which we're not proud of | 0:13:02 | 0:13:05 | |
so we had a bit of a Del Boy moment there | 0:13:05 | 0:13:07 | |
but that doesn't happen very often. | 0:13:07 | 0:13:09 | |
Soon they'll find out if the bra is lovely-jubbly. | 0:13:09 | 0:13:13 | |
But Chris isn't just relying on ladies' underwear | 0:13:15 | 0:13:18 | |
to take the fight to the enemy. | 0:13:18 | 0:13:20 | |
This is the map of the shops we've got already. | 0:13:20 | 0:13:23 | |
Now we're focusing on areas where we've got very limited shops. | 0:13:23 | 0:13:27 | |
He's expanding to challenge Poundland's dominance. | 0:13:27 | 0:13:31 | |
We're looking to save £2 or £3 million | 0:13:31 | 0:13:33 | |
which will fund the new store openings. | 0:13:33 | 0:13:35 | |
It's very difficult and you try and do it without upsetting people | 0:13:35 | 0:13:39 | |
but sometimes you do. | 0:13:39 | 0:13:40 | |
Overseeing the cuts is finance director Ian Hamilton. | 0:13:42 | 0:13:47 | |
-Morning, Mr No. -That's me. | 0:13:47 | 0:13:51 | |
I'm one of the few people who will challenge Chris' opinion. | 0:13:51 | 0:13:54 | |
Most people go along with him for fear of losing their job. | 0:13:54 | 0:13:57 | |
But the fact of the matter is, there's only me who'll speak to Ian. | 0:13:57 | 0:14:00 | |
Everybody doesn't like him! | 0:14:00 | 0:14:02 | |
Those aren't major considerations for me. | 0:14:02 | 0:14:05 | |
The main task is to do the job, do what's necessary at whatever cost. | 0:14:05 | 0:14:11 | |
But Ian's under strict orders not to undermine customer service. | 0:14:11 | 0:14:16 | |
And some think that's already happening. | 0:14:16 | 0:14:19 | |
We've got people leaving our store | 0:14:19 | 0:14:21 | |
that are putting baskets down at the tills | 0:14:21 | 0:14:23 | |
because there's not enough people there to serve them | 0:14:23 | 0:14:26 | |
at the end of the day. | 0:14:26 | 0:14:28 | |
Regional manager Craig Atkinson | 0:14:29 | 0:14:31 | |
thinks Ian's staff cuts are costing more than they're saving. | 0:14:31 | 0:14:35 | |
I've got a queue as long as my arm | 0:14:35 | 0:14:37 | |
where people still want to shop in this store | 0:14:37 | 0:14:40 | |
and there's nobody serving them. | 0:14:40 | 0:14:42 | |
That's lost sales. | 0:14:42 | 0:14:44 | |
Something's got to change and it's got to change fast. | 0:14:44 | 0:14:47 | |
As king of the cuts, Ian's in the firing line. | 0:14:48 | 0:14:52 | |
Ian is definitely putting his neck in the noose on this one. | 0:14:53 | 0:14:56 | |
This matter's very, very serious. | 0:14:56 | 0:14:58 | |
If we let Ian go into a store and work there for the day | 0:14:58 | 0:15:02 | |
and see what they come up against, | 0:15:02 | 0:15:04 | |
-see whether his conclusion is exactly the same. -OK. | 0:15:04 | 0:15:07 | |
Craig. | 0:15:09 | 0:15:10 | |
So, tomorrow, seven o'clock, that's the time the delivery arrives. | 0:15:10 | 0:15:14 | |
-There won't be any problems tomorrow. -Let's see. | 0:15:14 | 0:15:17 | |
Over at the warehouse, 100,000 bras have arrived from China. | 0:15:23 | 0:15:27 | |
A military operation begins to get them into the shops. | 0:15:30 | 0:15:34 | |
You don't make vast amounts of profit on each item. | 0:15:35 | 0:15:38 | |
Our profit's made on bulk. It's a fast turnaround. | 0:15:38 | 0:15:41 | |
It needs to get into them shops and get sold. | 0:15:41 | 0:15:43 | |
Buzz is one of the warehouse managers. | 0:15:43 | 0:15:46 | |
If I get an order from the store last night, | 0:15:46 | 0:15:48 | |
they get it delivered today. | 0:15:48 | 0:15:50 | |
This hi tech warehouse supplies up to nine million items a week | 0:15:52 | 0:15:56 | |
to over 200 shops across the country. | 0:15:56 | 0:15:59 | |
In this warehouse at this moment in time | 0:15:59 | 0:16:01 | |
there's probably about £17-18 million worth of stock. | 0:16:01 | 0:16:04 | |
Of all that stock that's up there, | 0:16:06 | 0:16:07 | |
a lot of that stock won't be here next week. | 0:16:07 | 0:16:11 | |
It'll be gone, it's out to the shops. | 0:16:11 | 0:16:13 | |
That's them. | 0:16:17 | 0:16:19 | |
Buzz and fellow manager Kevin | 0:16:19 | 0:16:21 | |
want to take a look at the new top shelf material. | 0:16:21 | 0:16:25 | |
I haven't got a safety knife. | 0:16:25 | 0:16:26 | |
I haven't. Not allowed a knife. | 0:16:27 | 0:16:30 | |
# Safety knife! We're using a safety knife! # | 0:16:30 | 0:16:34 | |
"Say goodbye to bad posture." | 0:16:36 | 0:16:39 | |
-Chafing. -That's always a problem of mine, chafing. | 0:16:39 | 0:16:42 | |
It looks like a sports thing, doesn't it? | 0:16:42 | 0:16:45 | |
More like a sports bra look to it. | 0:16:45 | 0:16:47 | |
Not that I've ever worn a sports bra. | 0:16:47 | 0:16:49 | |
-I used to. -Yeah, but you got help for that. -I did. | 0:16:49 | 0:16:53 | |
Nude - she's not in the nude, she's got a bra on. | 0:16:53 | 0:16:57 | |
That's a disgrace. | 0:16:57 | 0:16:59 | |
I don't know if they're going to sell well. | 0:16:59 | 0:17:03 | |
But Chris wants to shift a lot of bras. | 0:17:03 | 0:17:06 | |
He hopes to sell 30,000 in the first week and millions over the year. | 0:17:06 | 0:17:10 | |
In Burnley, Ian's very excited | 0:17:12 | 0:17:15 | |
about getting his hands on the new wow product. | 0:17:15 | 0:17:18 | |
Brilliant, I like that, that is fantastic, that. | 0:17:18 | 0:17:21 | |
Ooh, nice rack, Ian. | 0:17:21 | 0:17:23 | |
With a product like this, we're not going to go bust anyway. | 0:17:23 | 0:17:26 | |
Next door will wonder what the hell's hit them. | 0:17:26 | 0:17:28 | |
Battle of the bra, yeah, I can just imagine the headlines, innit, | 0:17:28 | 0:17:32 | |
you know - "Storm In A D Cup!" | 0:17:32 | 0:17:33 | |
Ian quickly starts working his magic on the customers. | 0:17:38 | 0:17:42 | |
Hello, love, you all right? Have you seen these? | 0:17:42 | 0:17:46 | |
Pound, eh? Can't go wrong, love. Look at that, eh? | 0:17:46 | 0:17:49 | |
But not everyone's going wow. | 0:17:49 | 0:17:51 | |
Unbelievable value. | 0:17:51 | 0:17:53 | |
Have you seen these? Already our breast seller! | 0:17:53 | 0:17:57 | |
Yeah? | 0:17:57 | 0:17:58 | |
They look really, really cheap, and they're not sexy at all. | 0:17:58 | 0:18:03 | |
You're not going to pull wearing that, really, are you? | 0:18:03 | 0:18:06 | |
-No. -No, definitely not. | 0:18:06 | 0:18:09 | |
Hmm, well, if I take a medium in a white | 0:18:09 | 0:18:13 | |
and I'll have a large in a nude. | 0:18:13 | 0:18:15 | |
The local competition has heard about the bra | 0:18:18 | 0:18:21 | |
and come to take a look. | 0:18:21 | 0:18:22 | |
Jane works for a more upmarket lingerie shop in Burnley. | 0:18:24 | 0:18:28 | |
-Hello! -Oh, you're back! | 0:18:28 | 0:18:30 | |
It's quite thin, isn't it? | 0:18:32 | 0:18:34 | |
Why don't you just try one on, Jane? | 0:18:34 | 0:18:36 | |
That, to me, that would ride up. | 0:18:37 | 0:18:39 | |
-It's not giving you much shape, is it? -It isn't. | 0:18:39 | 0:18:42 | |
I feel like I've got an old lady's vest on, to be honest. | 0:18:42 | 0:18:45 | |
If I put my top on... | 0:18:45 | 0:18:46 | |
..looks like I've got no bust at all in this, doesn't it? | 0:18:49 | 0:18:52 | |
Well, the competition don't feel threatened. | 0:18:52 | 0:18:55 | |
More worryingly, Jeff's learned 99p Stores is already selling a bra. | 0:18:55 | 0:19:01 | |
-99p? -Yeah. | 0:19:01 | 0:19:03 | |
-Is this what they call pad? -Yes. | 0:19:03 | 0:19:07 | |
You know, the proof will be over the next couple of weeks. | 0:19:07 | 0:19:11 | |
It'll be interesting to hear the customers' comments. | 0:19:11 | 0:19:14 | |
Will Chris's new bra give his business the uplift it needs? | 0:19:16 | 0:19:19 | |
-What time is it? -Five to nine. | 0:19:22 | 0:19:25 | |
Five to nine, right. | 0:19:25 | 0:19:27 | |
He's running late already, so this isn't a good start, is it? | 0:19:27 | 0:19:31 | |
In Leeds, it's the shop floor showdown between money man Ian | 0:19:32 | 0:19:37 | |
and regional manager Craig. | 0:19:37 | 0:19:39 | |
I can't wait, to be honest. I'm going to love every minute of it. | 0:19:39 | 0:19:42 | |
I'm going to put him through his paces. | 0:19:42 | 0:19:44 | |
Craig thinks Ian's staff cuts are causing big queues. | 0:19:44 | 0:19:48 | |
Finance director Ian's been sent back to the floor | 0:19:48 | 0:19:51 | |
to find a solution. | 0:19:51 | 0:19:53 | |
-Oh, good morning. -How you doing? -Not too bad. Half past eight | 0:19:53 | 0:19:57 | |
I thought we said we were going to be here this morning. | 0:19:57 | 0:19:59 | |
-Yeah. I had a lie in this morning. -Oh, right, well... | 0:19:59 | 0:20:01 | |
Well, I think you could have done with the extra large. | 0:20:03 | 0:20:06 | |
I don't know about the large, but never mind. | 0:20:06 | 0:20:08 | |
-I think I've been stitched up on that one. -Back to the gym! | 0:20:08 | 0:20:10 | |
Ian cracks straight on with his fact-finding mission. | 0:20:10 | 0:20:15 | |
Sorry to interrupt, what we're trying to ascertain is, | 0:20:15 | 0:20:18 | |
whether the queuing is acceptable? | 0:20:18 | 0:20:19 | |
Have you queued too long before? | 0:20:19 | 0:20:21 | |
Many a time. We've put stuff down and we've gone somewhere else. | 0:20:21 | 0:20:24 | |
Where would you go? One of our competitors? | 0:20:24 | 0:20:26 | |
-I'd go to Poundland in there. -Poundland. -Yeah. -OK. | 0:20:26 | 0:20:28 | |
When we've been in there, every time there's a lot on the tills. | 0:20:28 | 0:20:31 | |
They're always full when we're in there. | 0:20:31 | 0:20:33 | |
All the tills are full. | 0:20:33 | 0:20:35 | |
And we've never waited long in there ever. | 0:20:35 | 0:20:38 | |
Would you shop with us a lot more | 0:20:38 | 0:20:40 | |
if we had all these tills monitored every single day? | 0:20:40 | 0:20:43 | |
Yeah? | 0:20:43 | 0:20:45 | |
Do you prefer the layout of the store and the products? | 0:20:45 | 0:20:47 | |
There's more evidence left on the shop floor. | 0:20:49 | 0:20:51 | |
So, again, that's potential lost sales | 0:20:51 | 0:20:55 | |
due to not having enough people available on the tills. | 0:20:55 | 0:20:59 | |
But Ian wants to see what happens when all staff man the tills | 0:20:59 | 0:21:03 | |
like they're supposed to when a queue forms. | 0:21:03 | 0:21:06 | |
All back up to tills, please. | 0:21:06 | 0:21:07 | |
-Next, please. -Next, please. | 0:21:10 | 0:21:12 | |
Next, please. | 0:21:13 | 0:21:14 | |
Called the extra staff straight on the tills. | 0:21:19 | 0:21:21 | |
Queues down in less than a minute. | 0:21:21 | 0:21:24 | |
He thinks the solution is to change the staff rotas | 0:21:24 | 0:21:28 | |
so more can be on the tills at busy times, | 0:21:28 | 0:21:30 | |
but Craig's not convinced. | 0:21:30 | 0:21:32 | |
I'm still a strong believer that we do need more people | 0:21:32 | 0:21:36 | |
in the store in order to make sure we keep up the service | 0:21:36 | 0:21:39 | |
that we're already giving. | 0:21:39 | 0:21:40 | |
It's a stalemate. | 0:21:40 | 0:21:42 | |
It's like dealing with two squabbling kids. | 0:21:42 | 0:21:45 | |
I think one misses one point, | 0:21:45 | 0:21:46 | |
and Ian definitely misses the arguments of customer satisfaction, | 0:21:46 | 0:21:50 | |
which ultimately is where you've got to be when you're a retailer. | 0:21:50 | 0:21:53 | |
To find out who's right, Chris is going to run an experiment. | 0:21:53 | 0:21:57 | |
We've increased the staffing for stores | 0:21:57 | 0:21:59 | |
and we'll see what the results are. | 0:21:59 | 0:22:01 | |
If takings go up, then Ian will have questions to answer, | 0:22:01 | 0:22:06 | |
and if they don't, then Craig is going to have egg on his face. | 0:22:06 | 0:22:10 | |
Meanwhile, Poundworld's press release about the £1 bra | 0:22:11 | 0:22:15 | |
has created quite a stir. | 0:22:15 | 0:22:17 | |
Have you seen all of this about the bra, Daniel? | 0:22:20 | 0:22:23 | |
Mail, Metro, Express. | 0:22:23 | 0:22:25 | |
Facebook, it's on our social media feed, on Twitter... | 0:22:25 | 0:22:28 | |
That one's New York Daily News. HE LAUGHS | 0:22:28 | 0:22:31 | |
"At just £1, it's the world's cheapest bra, | 0:22:33 | 0:22:36 | |
"but is it a girl's breast friend?" | 0:22:36 | 0:22:38 | |
The Sun has tested it against the competition, | 0:22:38 | 0:22:41 | |
using a trampoline. | 0:22:41 | 0:22:43 | |
HE LAUGHS | 0:22:43 | 0:22:45 | |
I can see sacks of spuds going everywhere! | 0:22:45 | 0:22:47 | |
Here are our verdicts - Matalan, 4 out of 5 for style, | 0:22:47 | 0:22:52 | |
4 for comfort and 4 for support. | 0:22:52 | 0:22:54 | |
And ours, style for 2, | 0:22:54 | 0:22:58 | |
comfort, which is the main thing, for 5, | 0:22:58 | 0:23:00 | |
but support, she only gave it 2.5. | 0:23:00 | 0:23:02 | |
Right, but that's only one person, though, isn't it? | 0:23:02 | 0:23:05 | |
It's not a ringing endorsement, | 0:23:05 | 0:23:07 | |
but the publicity works wonders. | 0:23:07 | 0:23:09 | |
-It's really cheap. -It's marvellous, that! | 0:23:09 | 0:23:12 | |
A pound! Ohhh! | 0:23:12 | 0:23:14 | |
I'm not that big, am I? | 0:23:16 | 0:23:17 | |
And I should think that unless you want to measure me up for one, | 0:23:17 | 0:23:20 | |
then I'll be a medium. | 0:23:20 | 0:23:22 | |
I'll have to warm me hands first, love! | 0:23:22 | 0:23:24 | |
In just ten days, 100,000 bras are snapped up. | 0:23:26 | 0:23:30 | |
What's that - is somebody else stepping on our toes? | 0:23:34 | 0:23:37 | |
We've got ASDA, we've got Tesco, | 0:23:37 | 0:23:39 | |
now we've got a fairground, everything's a pound. | 0:23:39 | 0:23:41 | |
I mean, what's...where are we going with all this, when does it end!? | 0:23:41 | 0:23:45 | |
Three chances of winning for just £1. | 0:23:45 | 0:23:48 | |
With the bras selling so well, | 0:23:48 | 0:23:50 | |
there's time to relax and visit relatives. | 0:23:50 | 0:23:53 | |
Ohhh! | 0:23:53 | 0:23:55 | |
Oh, what a shot. | 0:24:00 | 0:24:02 | |
All right, Herbert, how are you doing? | 0:24:03 | 0:24:05 | |
-This used to be Herbert the Sherbet. -That's right, aye. | 0:24:05 | 0:24:07 | |
Well, you look at home anyway. You look like you belong there. | 0:24:09 | 0:24:12 | |
It's better than sitting in the office! | 0:24:12 | 0:24:14 | |
Do you feel as though you miss anything? | 0:24:16 | 0:24:18 | |
Well, as soon as I walked through the door, I knew I was at home. | 0:24:18 | 0:24:22 | |
It's a wonderful history to have. | 0:24:24 | 0:24:26 | |
-This is me. -Yeah. -This is me. | 0:24:26 | 0:24:29 | |
But thoughts of work are never far away. | 0:24:32 | 0:24:35 | |
Every day, every single day, every minute I'm concentrating | 0:24:35 | 0:24:38 | |
on wage bills, shoplifting, rent, rates, everything. | 0:24:38 | 0:24:42 | |
You've got a lot of people's livelihoods depending on you | 0:24:42 | 0:24:45 | |
getting it right and that is a pressure, without a doubt. | 0:24:45 | 0:24:48 | |
In this business, there's always a problem around the corner. | 0:24:48 | 0:24:52 | |
The latest is with the bra. | 0:24:53 | 0:24:56 | |
-Hello. -Hiya. | 0:24:56 | 0:24:57 | |
Just wondering when those fabulous bras are going to come in? | 0:24:57 | 0:25:01 | |
I can only apologise. They just flew off the shelves. | 0:25:01 | 0:25:03 | |
Have we got any more of those bras in? | 0:25:03 | 0:25:05 | |
I think you'd have more chance of finding | 0:25:05 | 0:25:08 | |
a virgin in a maternity ward than these bras coming in. | 0:25:08 | 0:25:10 | |
The supply of bras has mysteriously dried up. | 0:25:10 | 0:25:15 | |
Well, it was our breast seller, and now we haven't got it in again. | 0:25:15 | 0:25:18 | |
I just don't know what to do. | 0:25:18 | 0:25:20 | |
Somebody's made a big boob somewhere, | 0:25:20 | 0:25:22 | |
but at least it's not me being a right tit, | 0:25:22 | 0:25:24 | |
because I've tried to order them, so I don't know what more to do. | 0:25:24 | 0:25:27 | |
I really don't, mate. It just frustrates me. | 0:25:27 | 0:25:30 | |
Quick question for you - where are all the bras? | 0:25:33 | 0:25:35 | |
They're still in customs in China. | 0:25:35 | 0:25:37 | |
Christ. And how long is it going to take? | 0:25:37 | 0:25:39 | |
Well, they're hopefully a week. | 0:25:39 | 0:25:42 | |
Right. | 0:25:42 | 0:25:43 | |
Well, obviously, it's an important and serious thing for Chris, | 0:25:43 | 0:25:46 | |
because they're all over the papers and stuff, | 0:25:46 | 0:25:48 | |
and people go to the shops and there isn't any, | 0:25:48 | 0:25:51 | |
and people just think you're lying. | 0:25:51 | 0:25:53 | |
He just wants to get them in to get them back out to the shops | 0:25:53 | 0:25:56 | |
and restore that bit of confidence for the customers, | 0:25:56 | 0:25:59 | |
and he won't look so foolish. | 0:25:59 | 0:26:02 | |
Ian and Craig's battle over staff cuts is coming to a head. | 0:26:03 | 0:26:07 | |
So Ian's just come in and said how wrong he was | 0:26:07 | 0:26:09 | |
where the wages are concerned. | 0:26:09 | 0:26:11 | |
To see if Ian's cuts are causing a drop in sales, | 0:26:14 | 0:26:17 | |
Chris has employed more staff in a few shops | 0:26:17 | 0:26:20 | |
to find out if takings go up. | 0:26:20 | 0:26:23 | |
What's happened over the last three or four weeks, I think, | 0:26:23 | 0:26:26 | |
where we've put extra staff, the takings haven't moved very far, | 0:26:26 | 0:26:32 | |
so maybe the answer isn't increase staff, | 0:26:32 | 0:26:36 | |
it's better management of the rota. | 0:26:36 | 0:26:38 | |
That'll ensure more staff can deal with the queues at busy times. | 0:26:38 | 0:26:43 | |
Ian's won, but we'll come back at it. | 0:26:43 | 0:26:46 | |
Well, round one to you, then. | 0:26:46 | 0:26:48 | |
OK, great. | 0:26:48 | 0:26:50 | |
Go on, take your smug-looking face back in your office. | 0:26:50 | 0:26:54 | |
It's very disappointing that I've lost to Ian. | 0:26:54 | 0:26:58 | |
That is very, very disappointing. | 0:26:58 | 0:27:01 | |
But we'll just have to keep monitoring it. | 0:27:01 | 0:27:03 | |
That's all we can do. | 0:27:03 | 0:27:05 | |
You know, it's a huge sum of money that we've saved, | 0:27:05 | 0:27:08 | |
and I'm not prepared to let that spend go up again | 0:27:08 | 0:27:11 | |
without good reason. | 0:27:11 | 0:27:14 | |
In Burnley, the long awaited bras are back in stock. | 0:27:19 | 0:27:24 | |
They'll be straight out. | 0:27:24 | 0:27:26 | |
Coming though with the breast seller! | 0:27:26 | 0:27:28 | |
Thank you very much. | 0:27:28 | 0:27:29 | |
Chris says customers bought 700,000 bras over the summer... | 0:27:29 | 0:27:33 | |
-Are you stocking up? -THEY LAUGH | 0:27:33 | 0:27:35 | |
..and that it helped increase sales of other products, | 0:27:35 | 0:27:39 | |
bringing takings up by 5%. | 0:27:39 | 0:27:42 | |
But the bra's success hasn't gone unnoticed. | 0:27:42 | 0:27:46 | |
Poundland's already threatening to spoil the party. | 0:27:46 | 0:27:50 | |
Oh, what's this? Have they got some new bras? | 0:27:50 | 0:27:53 | |
Yeah, that's what Poundland's doing. | 0:27:53 | 0:27:56 | |
Well, it's far better for them to be copying you. | 0:27:56 | 0:27:59 | |
-We lead, others follow. -Yeah. Allegedly. | 0:27:59 | 0:28:03 | |
To the next line, and the next item, and the battle goes on. | 0:28:03 | 0:28:06 | |
Next time: | 0:28:11 | 0:28:13 | |
Ian's got himself into a spot of bother. | 0:28:13 | 0:28:16 | |
So how are we going to get this stock out? | 0:28:16 | 0:28:18 | |
We haven't got anybody in tomorrow. | 0:28:18 | 0:28:19 | |
Probably gone overkill, but... | 0:28:19 | 0:28:21 | |
And Buzz and Kevin become Big Brother. | 0:28:23 | 0:28:26 | |
There he goes! | 0:28:26 | 0:28:27 | |
We'll probably catch everybody. He's got to be a prime culprit. | 0:28:27 | 0:28:30 | |
Well, he's massive, isn't he? | 0:28:33 | 0:28:34 |