PMT in administration

PMT in administration

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Discussion

LeoSayer

Original Poster:

7,507 posts

258 months

Thursday
quotequote all
UK music retail chain PMT placed into administration, permanently closing all stores with immediate effect

What a shame. I've been to the Romford branch many times and bought various stuff from them.

Great people and a great shop will be missed.

franki68

10,957 posts

235 months

Thursday
quotequote all
are there any music stores left ? gak went recently , there is guitar guitar and Andertons and peach guitars but I m struggling to think of any other major U.K. stores .
Bax music went bust a few weeks ago as well .

Edited by franki68 on Thursday 12th June 17:48

LeoSayer

Original Poster:

7,507 posts

258 months

Thursday
quotequote all
Denmark Street of course but that's feel more like a tourist destination these days.

Anderton's is miles away from me but I want to visit just because of their YouTube videos.

Cupramax

10,767 posts

266 months

Thursday
quotequote all
franki68 said:
are there any music stores left ? gak went recently , there is guitar guitar and Andertons and peach guitars but I m struggling to think of any other major
Absolute in Poole are still going, local to me so hope they can survive.

https://www.absolutemusic.co.uk/

Tom1312

1,084 posts

160 months

Sad to hear this, I worked in a branch that closed a few years ago, when I was about 20.

So a long time ago now and to be fair it always felt like it was struggling then.

Still, a sad day and I feel for the guys who have lost their jobs.

MoggieMinor

461 posts

159 months

Such a shame to hear this. I've been using the Birmingham store for years. It hasn't long moved to larger premises. Always great to deal with. Good luck to all the staff there and the other branches.

franki68

10,957 posts

235 months

Is guitar guitar the only multi store retailer left now ?

MitchT

16,694 posts

223 months

Sad news. Bought various bits and bobs from them over the years.

I always loved being able to go into physical music gear stores. When I was a teenager I used to love spending my weekends in my two local places, fiddling with synthesizers that I could only dream of being able to afford. Then, after getting my first job, spending all my money there and realising my dreams.

LeoSayer

Original Poster:

7,507 posts

258 months

That reminded me when last I went in there my son got fined £2 in the charity box for playing Jump on the synthesiser.

chemistry

2,675 posts

123 months

LeoSayer said:
That reminded me when last I went in there my son got fined £2 in the charity box for playing Jump on the synthesiser.
Funny.

A shame that PMT has gone though; like many I bought various things from them in the past (guitars, drum kit, etc.) but I suspect that they have fallen victim to on-line sales competition like so many other businesses with a significant (costly) physical presence.



maccboy

701 posts

152 months

chemistry said:
Funny.

A shame that PMT has gone though; like many I bought various things from them in the past (guitars, drum kit, etc.) but I suspect that they have fallen victim to on-line sales competition like so many other businesses with a significant (costly) physical presence.
That's the problem in a nutshell. People used to visit our stores to try stuff and then buy online at the cheapest price. We set up a box-shifting discount site to counteract this, and made sure the prices were the cheapest on the net. There is a significant amount of price-fixing by the manufacturers, so discounting stuff was frowned upon and could cost you in the future with higher purchase prices or restricted supply from them.

franki68

10,957 posts

235 months

They had an online presence , what I observed though is for example they did not have as many sales as Andertons or guitar guitar and the sale offers were never as good ,

Mars

9,462 posts

228 months

I have spent a small fortune in the Birmingham store over the past 3 years but sadly not enough to have kept them afloat.

I loved going-in though. That wall of guitars was amazing but it was never as good as Musical Exchanges was in the 1980s. Mostly the lack of a dedicated drum dept was a failing for me, although the drum tech/sales assistant did allow my lad to bash away on a £9,000 Roland electronic kit... which was a good ploy because I went back and bought one a year later (a model in the range that was about half that price).

We have also had two or three guitars from PMT too.

But it is true that their deals were never as keen as others you could find online.

LR90

304 posts

17 months

Yesterday (06:49)
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Always loved the Birmingham store but imo it was never quite the same after it moved to the new premises a few years back.

Must have bought half a dozen guitars there over the years, the last being a Guild 12-string.

The car boot sales they used to hold were legendary too. Picked up so many bargains there over the years.

A sad day. I feel sorry for the staff, who were always excellent.

Yahonza

2,618 posts

44 months

Yesterday (17:58)
quotequote all
Agree that it isn't good to see these companies go under. Is it a diminishing market, or weren't they competitive?
Red Dog up here went out of business when they expanded into a bigger market. I guess a lot of people but stuff online without trying it out first.
I've done that once or twice but it is a bit risky if they send you a dud.