Zavvi placed into administration

Calum said:
I used to work in the Reading store and we were consistantly breaking sales targets along with many of the other stores. The business itself was in very good shape and one i loved working for.
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If they were doing that well, they wouldn't be closing down.
The Zavvi stores were in trouble the moment that they were bought from Virgin, that was no secret it was on national news at the time.
 
Aye, Virgin Megastores was sold to the management for a nominal £1 fee. I'm not sure Branson would have sold a company doing well for £1. :p
 
Went in to the local shop today and it was packed. Only went in for a few normal priced DVDs but there was no way I was queueing.

Mental, especially as there are no real discounts.
 
skippi90 said:
Went in to the local shop today and it was packed. Only went in for a few normal priced DVDs but there was no way I was queueing.

Mental, especially as there are no real discounts.
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I noticed the same as well. The crewe store was rammed but didn't particularly see any major reductions. Perhaps when they are about to close the stock may get reduced further.
 
No wonder Zavvi are going bust with their ridiculously overpriced products. There was me getting into their shop today looking for a game thinking, Company going bust+January sales = stuff for virtually nothing:D How wrong i was, there couldn't even beat Game sitting next to it with its over 50% sales.
I know, lack of customers' not the main reason they're going bust but still deserve to with that sort business sense.:o
 
my wife took a almost 6 month old DS back into zavvi today because the mic is broken :D got it switched no trouble, just told them nintendo said to take it back to the store i bought it from because it was less than 6 months old :D (it was from zavvi though and she had the receipt still) but im still suprised they switched it so easily i was expecting them to force me to print out trading standards website)

my wife bought the tudors series 1 in hmv for 12quid and then took it back to zavvi for a £30 credit note aswell so she got our little one another DS game at the same time.

/emote waits for the moral police
 
arknor said:
my wife took a almost 6 month old DS back into zavvi today because the mic is broken :D got it switched no trouble, just told them nintendo said to take it back to the store i bought it from because it was less than 6 months old :D (it was from zavvi though and she had the receipt still) but im still suprised they switched it so easily i was expecting them to force me to print out trading standards website)

my wife bought the tudors series 1 in hmv for 12quid and then took it back to zavvi for a £30 credit note aswell so she got our little one another DS game at the same time.

/emote waits for the moral police
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Not so much the moral police as the real police, I am no expert but isn't that fraud or some thing, but WTG on getting a money spinner like that, a friend took a game back to argos which came free with the joystick he bought from them and got half the joystick refunded because they sold the game too.

I have taken a printer back to staples because it broke and they gave me a refund at the current price which was about £50 more (i only found out later) but I also ran through most of the colour and black toner so I got paid £50 to test the printer and get loads of free prints, only to get a refund because it broken and they didn't sell it any more. Not bad I thought.
 
crunchee said:
No wonder Zavvi are going bust with their ridiculously overpriced products. There was me getting into their shop today looking for a game thinking, Company going bust+January sales = stuff for virtually nothing:D How wrong i was, there couldn't even beat Game sitting next to it with its over 50% sales.
I know, lack of customers' not the main reason they're going bust but still deserve to with that sort business sense.:o
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Why should they drop their prices?

They're trying to make money, not lose it.
 
Amen, the prices weren't too bad anyway, much better than my local HMV for CDs....£10-12 for a decent album/double CD compared to £14 for nearly all standard CDs in the metal/rock section in HMV??? Yeah its not play, but wasn't bad for pickup+walkoff stuff!
 
I don't get why there is so much hate for high street shopping on these forums. I will definitely miss the Zavvi near me as I have spent a lot of money there in the last few years. I like being able to go into a shop and buy something when I want it, rather than wait a week IF Royal Mail even deliver.

The store I use has been very competitive for dvds, and most of the things I've bought have been cheaper or the same price as online. I don't see how removing competition from the high street can possibly be a good thing.
 
I see USC has gone too, however I see one of Tom Hunter's companys has bought them.. I read in the Times what he has done is a contraversial way of avoiding creditors.. Tut tut. I haven't shopped in USC for ages and probably won't anyway...
 
skippi90 said:
Why should they drop their prices?

They're trying to make money, not lose it.
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aye surely they will want to try get out of administration ?!?

lol amazing how people assume once they are in administration it means the company is dead and therefore everyone is intitled to cheap stuff :p
 
fail at the internets said:
Why are certain things on their website still much more expensive than the prices of many of their competitors that aren't going into administration.
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Because administration doesn't instantly mean stock clear out? That only happens when there's no buyer for the business and it's the only way to recoup some of the creditors cash.
 
End of the road for Zavvi:

http://www.manchestereveningnews.co.uk/news/business/s/1097409_end_of_the_road_for_zavvi

THE last remaining Zavvi stores will be closed or have been sold in deals announced by the music and games retailer's Manchester-based administrators today.

A total of 446 jobs will be lost when trading ceases at the 18 remaining branches across the country on Friday. These include 24 posts at the Trafford Centre store and 140 at Zavvi's flagship outlet on London's Oxford Street.
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