Slow recovery after riots forces jewellers to cut jobs

8/8 ONE YEAR ON: At least one shop on London Road has had to accept a lower compensation figure just to be able to open its shutters once again, writes ANDREW PELLING

Mithus jewellers in London Road was completely trashed by the riots in August last year. Some especially valuable pieces were lost, taken by looters.

The London Road jewellers has taken longer than other shops to recover after last year’s riots

The partially opened shutter to the store after being ripped out of its fittings was a long-time testament to the destruction that had passed through that fateful night.

Such was the blow to the business that it was not until the late spring that the business was back up on its feet, much later than other shops nearby. Prospects had not been aided by a dispute in the courts with Croydon Trading Standards over an assay issue in which the shop was found to have misled a customer.

Even today, there are signs of the impact of the 8/8 troubles if you look closely enough.

Major pieces of valuable jewellery are now stored off-site. Staffing has been cut from eight to three, and the business has cut its advertising budget to the bone.

Reflecting the changed economic circumstances in London Road, half of the shop is being set up for pawnbroking.

The owner is upbeat, though, saying that “all the customers have come back”.

They have settled for a lower riot compensation with the Metropolitan Police, just to get things moving, though they report having been chastised by officials from Croydon Council for daring to talk about his difficulties.

  • Inside Croydon: For comment and analysis about Croydon, from inside Croydon
  • Post your comments on this article below. If you have a news story about life in or around Croydon, a residents’ or business association or local event, please email us with full details at inside.croydon@btinternet.com
Advertisements

About insidecroydon

News, views and analysis about the people of Croydon, their lives and political times in the diverse and most-populated borough in London. Based in Croydon and edited by Steven Downes. To contact us, please email inside.croydon@btinternet.com
This entry was posted in 8/8: London Road stories, Broad Green, Business, Crime, Croydon 8/8, London Road Traders Association and tagged , , , , , , . Bookmark the permalink.

Leave a Reply