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"Zavvi (FKA Virgin Megastore) placed into administration"

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Wed 24/12/08 at 11:23
Regular
Posts: 19,415
BBC News

Is the video game, dvd, music store really not a good business anymore? First Woolworths now Zavvi, if something doesnt change soon we'll lose MVC and OurPrice too!
Thu 08/01/09 at 00:00
Regular
Posts: 15,681
Zavvi weren't part of Woolworths, but they did owe them a lot of money - which they couldn't repay.
Wed 24/12/08 at 19:03
Regular
"Feather edged ..."
Posts: 8,536
Seems the reason is the usual - the suppliers are the same.

Entertainments UK (part of Woolies) supply Woolies and Zavvi.

Woolies go, so do all the rest in the chain....
Wed 24/12/08 at 12:47
Regular
"@optometrytweet"
Posts: 4,686
Thats terrible news. The family I usually go to away football games is having a brilliant christmas this year - with the two children losing their jobs at Woolies, the husband being diagnosed with cancer and now the daughter's boyfriend may be facing a job loss (as he works for Zavvi).

Nicest family you could meet. Life really does mess up sometimes.

Ah well...roll on 2009!
Wed 24/12/08 at 11:38
Moderator
"possibly impossible"
Posts: 24,985
Notice that it's all the stores that sold entertainment goods at retail prices rather than cutting the prices?

They expect people to buy games at the RRP when they can go online and get them from 20-50% cheaper, with the odd sale item to justify it.

It's no surprise to me.

Oh, and I used to work in MVC back in the day. True story.
Wed 24/12/08 at 11:23
Regular
Posts: 19,415
BBC News

Is the video game, dvd, music store really not a good business anymore? First Woolworths now Zavvi, if something doesnt change soon we'll lose MVC and OurPrice too!

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