Is it any wonder that independent shops across the Waverley borough are struggling?
Major supermarkets, pharmacy chains and gardening centres continue to flourish whilst hundreds of our smaller independent?
Most of us who shopped regularly and supported our independent traders is now during lockdown – forced to buy our cards – birthday and anniversary gifts from major supermarket and garden centre chains, which continue to trade as they either sell food, pharmacy or garden products.
Waverley’s towns and villages are proud of their small independent shops, many of which are owned by local residents, who reflect the originality and character of the town or village where they were founded.
In Farnham, the pandemic has hit our Elphicks store. A business in which its owners have invested heavily in recent years. Another is David Manns in Cranleigh. A family business which has been going strong since 1887 and is now struggling and during `October entered into a (CVA) voluntary arrangement with its creditors.
Here’s a statement we received from one of the most popular independent departmental stores in Surrey.
Statement from the Directors of David Mann & Sons Ltd.
‘Due to the recent challenging retail environment coupled with the impact of COVID-19 the directors decided to take early and decisive action to seek advice on the options for the company to enable it to continue trading, survive the pandemic and trade strongly thereafter.
As a result, the directors appointed advisors to assist them with the company’s restructuring, to address legacy creditors and future proof the company in this current economic climate.
Following the guidance provided, the decision was taken to propose a company voluntary arrangement (CVA).
The CVA proposal will enable David Mann & Sons Limited, with appropriate professional support, to provide a mechanism which will allow the company to have a more profitable and flexible business structure thus making sure we have adapted in these unprecedented times appropriately.
We can confirm that David Mann & Sons Ltd. is not in liquidation and look forward to reopening just as soon as this current lockdown allows.’
So come on Waverley residents – let’s all pitch in and help save David Manns? If we don’t it will probably, like so many other businesses, end up as a block of residential flats?
Here’s the Waverley Shop Local Directory for