Category Archives: Business

Gold Buying Shop Moves Out

Three or four years ago, when this time of low or negative economic growth began, companies appeared in Abingdon buying gold. First they hired space at the Guildhall on Saturdays.
Goodbye Gold Buying Shop
Then to our surprise one of them opened up a gold buying shop on the Market Place.

That shop has just closed – possibly a sign that better economic growth is about to return.
Goodbye Gold Buying Shop
Gold prices have been falling in the last couple of months. Stock prices have been rising.

New Shops in Abingdon this week

Two new shops have opened this week.
Two new shops
Pedro the Cobbler opened up a new shop on Stert Sreet. He mends shoes, and sells a few shoes, cuts keys, and engraves. (Beyond Bubbles, who used to be there will be selling more at craft fairs, local events, and online, but some of her products are still available from Pedro, I believe.)
Two new shops
Meanwhile on East St Helen Street, Belinda Chong opened a new studio selling artwork and jewellery.

QS – End of Lease – Everything must go

qs - End of Lease
The ‘qs’ shop on Abingdon’s High street has had a closing down sale for the last couple of weeks.
qs - End of Lease
‘qs’ were a chain of discount clothing stores, that were taken over and rebranded as ‘Store Twenty One’ in 2007.

Since then at least 75% of the stores now carry the ‘Store Twenty One’ name but not the Abingdon store which is still ‘qs’.

This Independent newspaper report says that Store Twenty One has not paid rent on some of its loss making stores and as a result “encounter a high degree of hostility from landlords”.