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Business News Retail Top Stories
More Zavvi stores go
By CMU Editorial | Published on Friday 6 February 2009
And so Zavvi slowly disappears from existence. Administrators for the former Virgin Megastore announced yesterday that another 17 stores would close, bringing the total number of stores in the Zavvi chain down to just 31.
The latest stores to close are in Aberdeen, Blackpool, Camberley, Carlisle, Chester, Coventry, Denton, Derby, Harlow, Hemel Hempstead, Hereford, Loughborough, Sheffield (Meadowhall Centre), Shrewsbury, Swindon, Walton-on-Thames and York.
Confirming the latest closures, and updating reporters on the likely fate of the remaining 31 stores, joint administrator Tom Jack said yesterday: “We will continue to trade the remaining 31 UK stores and remain hopeful that a sale of some or all of these stores can be achieved. We are in detailed discussions with two interested parties and it is our intention to continue to trade all remaining UK stores with a view to their sale as a going concern”.
