- My Account
- Logout
- Register
- Login
353 more Zavvi jobs to go
Related Articles
14 January 2009
The list of stores closing with immediate effect includes the chain's flagship Piccadilly store, where 110 people are employed.
Ernst & Young said the remaining 74 stores in the estate will continue to trade with a view to finding a buyer for all or part of the business.
Last week Ernst & Young (E&Y) closed 22 stores with the loss of 178 jobs.
The other stores to close today are at Basingstoke, Belfast Castlecourt, Cambridge, Cheshire Oaks, Crawley, Londonderry, Edinburgh Gyle, Gateshead, Glasgow Argyle Street, Grimsby, Hull, Newry, Newtownabbey, Romford, Stevenage, Watford and Woking.
Joint administrator Tom Jack said E&Y had not received any offers for the store portfolio as a whole, despite more than 70 expressions of interest.
He said: "Consequently, with reducing stock levels, we have had to manage the cost base of the business and close a further 18 stores.
"We will, however, continue to trade the remaining Zavvi stores with a view to selling all or part of the Zavvi business as a going concern.
"We remain optimistic that current sale negotiations will prove successful and that a sale can be achieved."
Top stories in News in brief
News in brief in Pictures
Top stories in News in brief
News in brief in Pictures
-
London gets ready for the Diamond Jubilee - in pictures
-
EXCLUSIVE: I won't play with Joey Barton, says Adel Taarabt
-
Diamond Jubilee: Boat by boat, here is where to watch the Queen's Thames flotilla - VIDEO
-
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
News pictures of the day
-
‘We will form a human barricade to keep missiles off our homes’
-
Regent’s Park rapist: Teenage jogger assaulted by stranger in terrifying 7am attack -
Major Coalition u-turn as George Osborne scraps ANOTHER tax plan
-
Horror on the 5.53! Commuter dragged 200 feet after getting hand trapped on train -
Hunt-ed: Labour pile on pressure for Culture Secretary
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
A home to be proud of with Halifax
Download the Halifax's brilliant, free new Home Finder app, and take all the pain out of finding your dream home.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Celebrate with MARTINI®
This weekend toast one royal with another and make your Jubilee sparkle with a MARTINI Royale.
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.
Why I think doctors are right to strike
Family pay tribute to the London man who gave his life to save a five-year-old girl from drowning
Eton schoolboys fly Games flag on Everest
Shrimpy's - review