Breaking News: Further reductions as Zavvi UK Closes 22 Stores
January 8, 2009
by Suzan Abrams
UK: Katie Coyne reports in The Bookseller today that Zavvi, a book and music retailer, originally the Virgin Megastores, in the United Kingdom, is set to close 22 of the chain's stores with immediate effect. This will result in the loss of 178 jobs. The remaining 92 stores will continue to trade throughout the United Kingdom and offer reductions stretching from 20% to 50%, from tomorrow. So far, 60 parties have expressed an interest in buying over the retailer whose biggest competition is HMV.
For the full article and list of stores which will down their shutters, please see here.
by Suzan Abrams
UK: Katie Coyne reports in The Bookseller today that Zavvi, a book and music retailer, originally the Virgin Megastores, in the United Kingdom, is set to close 22 of the chain's stores with immediate effect. This will result in the loss of 178 jobs. The remaining 92 stores will continue to trade throughout the United Kingdom and offer reductions stretching from 20% to 50%, from tomorrow. So far, 60 parties have expressed an interest in buying over the retailer whose biggest competition is HMV.
For the full article and list of stores which will down their shutters, please see here.
Labels: Katie Coyne, The Bookseller.com, Zavvi
posted by Suzan Abrams, email: suzanabrams@live.co.uk | 04:15
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