Tag: administration
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Phones 4u Closes Its Doors After EE Backs Out
Phones 4u has been a part of our high streets for over 20 years, but the mobile phone retailer is no more. The company has gone into administration following EE’s decision to not renew their contract with Phones4u on Friday. This was bad news considering EE were their last remaining partner after Vodafone’s withdrawal earlier…
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Blockbuster UK Will Not Fulfil Xbox One and PS4 Pre-Orders
Blockbuster has confirmed it will not be able to fulfil customer pre-orders for the Xbox One and PS4 release day as the blue brand once again faces the red.
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Asda and Walmart reportedly trying to buy HMV
With HMV teetering on the edge of doom there may be a shining light at the end of its dark tunnel as news is spreading that UK supermarket giant Asda is reportedly looking at rescuing the classic high-street brand by buying the music chain, courtesy of its US owners Walmart. According to The Sun via an unnamed…
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HMV will accept gift cards again from January 22nd
Gift cards and vouchers can again be used, from tomorrow…
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Atari filing for bankruptcy protection, selling logo, Pong and other titles
A collective “Noooo…” was cried across our office this morning as news of the latest struggling firm came in. This time it’s gaming legends Atari, as the company has filed for bankruptcy protection today. This follows on from retail chains HMV, Blockbuster and Jessops, who have all fallen down in the past 2 weeks by…
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HMV announces it is now in administration
UK high street retailer HMV is the latest to feel the pinch from the online shopping boom, announcing last night that it has called in the administrators. The news comes less than a week after another high street electrical retailer, Jessops, entered administration and closed all stores, and shortly after Comet closed its doors. For…
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Comet confirms ‘Fire Sale’ is coming soon
Discounted gadgets expected as ailing retailer tries to sell off stock…
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GAME Over: Group Enters Administration Officially, CEO Resigns and Stores Begin Closing
Today marks the end of an era for the GAME Group as we know it, with no buyer in sight and the administrators now officially appointed. PWC are the administrators that have been brought in to do the job, after the retail group, comprising of GAME and Gamestation stores, removed itself from the London Stock…