More Zavvi closures

[TWSTEEL]

Just announced 15 more Zavvi stores to close IMMEDIATELY

[nonplussed]

Bad, but not news, surely?? Hasn't this been known for some time?

[ridds]

Branson had that one in the bag by selling up the Virgin stores before all this economy hoo-ha happened.

[TWSTEEL]

It was just the decision from the administrators to say OK it's now. No further warning, no further discussion, just close. Immediately!
Kaput.
I wonder what they do with the stock? Whatever's left that is.

[FourWheelDrift]

TWSTEEL said:

I wonder what they do with the stock? Whatever's left that is.

It goes back to however owns it now because Zavvi don't and they never did.

[TWSTEEL]

FourWheelDrift said:

It goes back to however owns it now because Zavvi don't and they never did.

Is that a common practice on the high street?
Virtually acting as a middle man and not having to fork out for stock.

[FourWheelDrift]

TWSTEEL said:

FourWheelDrift said:

It goes back to however owns it now because Zavvi don't and they never did.

Is that a common practice on the high street?
Virtually acting as a middle man and not having to fork out for stock.

That was Zavvi's business model. Not sure about any others.

Would never have got past the Dragons.