Posted February 18, 200916 yr http://uk.biz.yahoo.com/18022009/140/zavvi...jobs-saved.html Administrators for entertainment retailer Zavvi have announced that its remaining stores will cease trading by February 20th. The closure of the stores will mean 446 job losses- but administrators were able to save some positions after deals reached with HMV Music Limited and Head Entertainment. 360 jobs are expected to be saved after HMV bought a further five stores. Head Entertainment, a company set up by former Zavvi chief executive Simon Douglas and business partner Les Whitfield, are purchasing another eight. Tom Jack, Joint Administrator of Zavvi UK, commented: "This is a fantastic result for the employees and customers of the stores concerned. "Whilst it has not been possible to secure a sale of the business as a going concern, we are delighted to have been able to secure continued employment for 629 zavvi employees." Zavvi, formerly Virgin Megastores, entered administration on Christmas Eve after being crippled by the collapse of its supplier, Woolworths' Entertainment UK wholesaling division. It had a total of 125 branches across the UK and Ireland employing over 3,400 staff.
February 18, 200916 yr So soon? :o My lovely Zavvi gone in just two days :cry: Oh OK, apparently it's already gone *is blatantly not aware of his surroundings*
February 18, 200916 yr :cheer: HMV have bought the one in Nottingham so I'm fine :cheer: But it's a shame to see so many other losses!
February 18, 200916 yr Author Oh OK, apparently it's already gone *is blatantly not aware of his surroundings* That made me chuckle :mellow:
February 18, 200916 yr terrible news. I knew it was on the cards that they would all close but we need music stores to stay open. At this rate it will be HMV, a few indies and Asda / Sainsbury's / Tescos etc and little more.
February 18, 200916 yr There are no Zavvi around me so im not really affected and i cant see the local HMV closing anytime soon as its always full...
February 18, 200916 yr Was just shopping there a few days ago, such a great store :mellow: I could see them moving things out though
February 18, 200916 yr Sad news for the people who work there but actually I was waiting for this announcement. It came a bit earlier though.
February 18, 200916 yr Not only is it sad to see the demise of another popular music chain, but also it is sad to see more people losing their jobs. R.I.P. Zavvi, like Woolworths, Our Price & Music Zone you will never be forgotten. :(
February 18, 200916 yr When into HMV in York today, and Enrique Iglesias's Greatest hits was £13 and all of his studio album's were £10! ( What I might expect for a brand new album!) No wonder people now shop at supermarkets and online with those kind of prices!
February 18, 200916 yr Nooooooooooooooooooooooooooooooooooooo i loved Chavvi. The multibuy dvd offers were epic. i wonder if Dundee has become one of the head stores?
February 18, 200916 yr This Head Entertainment is taking on 2 out of the 3 Zavvi's here in Bristol. Hmmmmm - I will have a good nose about when they open! Shame about the otehrs that are going - I hope there won't be too many cities with no music stores now :o
February 19, 200916 yr Head Entertainment Stores: Bluewater Bristol - Broadmead Bristol - Cribbs Causeway Cardiff Dundee :w00t: Leeds Liverpool One Manchester - Arndale Very happy Dundee is saved. I'll be checking it out when i get back from Aus
February 19, 200916 yr Awww, no Middlesbrough :( Quite shocked today to see it had already closed, hadn't been in weeks...
February 19, 200916 yr :cheer: HMV have bought the one in Nottingham so I'm fine :cheer: But it's a shame to see so many other losses! Really? What on earth is the point?!
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