administration
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HMV Still Accepting Gift Cards Despite Administration
HMV In Administration Last week we reported how UK retailer had entered into administration for the 2nd time in just over 5 years. It represented yet another example of how the high street was struggling to compete. Particularly in today’s world of online shopping/retail. It was something of a coincidence…
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HMV Set To Enter Administration… Again
HMV Heading To Administration If the last 10 years have taught us anything, it’s that high street retailers are really struggling to compete these days. With the huge expansion of online shopping, and an inability to move with the times, we have already seen a number of major retailers either…
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Redundencies And Closures Feared Within Days At Maplin
Job Losses and Closures Feared at Maplin Around 3 weeks ago we reported how Maplin may have been in significant financial difficulties and that a buyer for the high-street retailer was desperately being sought. A little over a week later our fears were confirmed after Maplin officially entered administration. Despite…
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No More £15000 Phones as Vertu Mobile Closes its Doors
Vertu Mobile Vertu is a brand amongst brands, the luxurious sister company of mobile giant Nokia. However, luxury is a very niche market. Unfortunately, due to high debts, Vertu is closing its doors. Around 200 jobs will be lost in the process. Who is Vertu? Vertu started trading in 1998,…
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