Zavvi UK goes into Administration

copacetic

Not a bargain alert, but may be of interest here.

Zavvi UK has gone into administration and is looking for
protection from creditors. Apparently Irish stores aren't
affected for now.

Apparently its site won't be accepting orders, but don't
order anything from it either way.

Hogzy

How could Irish stores not be affected if the Company is in admin

MunsterCycling

Hogzy wrote: »

How could Irish stores not be affected if the Company is in admin

Separate legal entities but as above think hard before parting with your cash

Hogzy

MunsterCycling wrote: »

Separate legal entities

But its all one company... Its not like Zavvi Ireland and Zavvi UK... Surely if the UK stores are sold then the Irish stores will go too?

copacetic

Hogzy wrote: »

How could Irish stores not be affected if the Company is in admin

I dunno, thats what the stories are saying. Presumably they pay their creditors locally and don't need protection? Either way, I wouldn't order anything. Buying in shops should be fine though.

Hogzy

Good auld sky news are saying its a direct result of Woolworths going under as woolies was their largest supplier!

Brian

Yep, both Zavvi and Woolworths were supplied by Entertainment UK..

Things are really getting a lot more serious than I expected. Woolworths, Zavvi down the toilet, and Toyota now making a loss..

PowerHouseDan

http://news.bbc.co.uk/2/hi/business/7798973.stm

QUOTE: Zavvi Ireland is not currently subject to any formal insolvency proceedings.

Connrang

Hi,
I know the local store (Midlands) were not selling gift vouchers as they could not guarantee they would be around to honour them.

Have to say I liked their honesty, not too many others would be so forthcoming.. maybe a decent Jan sales coming...

copacetic

Connrang wrote: »

Hi,
I know the local store (Midlands) were not selling gift vouchers as they could not guarantee they would be around to honour them.

Have to say I liked their honesty, not too many others would be so forthcoming.. maybe a decent Jan sales coming...

good point, anyone who is giving gift vouchers for christmas should tell recipent to use them asap..

PeteK*

copacetic wrote: »

but don't
order anything from it either way.

copacetic wrote: »

... I wouldn't order anything...

Why not?

Jonathan

PeteK* wrote: »

Why not?

Incase they go under before they ship your order.....?

BaconZombie

They are not taking an more online orders, plus your vouchers are not worth less then the paper they are printed on.

"Zavvi UK has not ceased to trade and customers will be able to continue shopping at zavvi stores across the UK and Ireland. Unfortunately, the zavvi website will not be taking any online orders and it will not be possible to redeem vouchers in store. Arrangements regarding returns and vouchers will be communicated separately."

Can't post a link to this because it look like the website is not offline as of 2mins ago.

Edit:

Link from my proxy server: http://www.zavvi.co.uk/customer-message/i.jsf;jsessionid=C99B0DD09D450FB9CAA9A7A5DDD1FE65.app14

It is now returning the following error :

Oops, we seem to be having a few problems

jmccrohan wrote: »

Incase they go under before they ship your order.....?

PeteK* wrote: »

Why not?

copacetic wrote: »

good point, anyone who is giving gift vouchers for christmas should tell recipent to use them asap..

copacetic wrote: »

I dunno, thats what the stories are saying. Presumably they pay their creditors locally and don't need protection? Either way, I wouldn't order anything. Buying in shops should be fine though.

copacetic

PeteK* wrote: »

Why not?

because handing money to a company that can't pay it's suppliers is not a good idea. There is a decent chance you wouldn't see your goods.

They are currently not offereing refunds or exchanges in the UK either. If you can pay for something and get it in yourhand, fine. Otherwise give them a wide berth.

wixfjord

From the website...

Customer Frequently Asked Questions


Q: I have a Zavvi gift voucher, can I redeem it?


It is expected that all customers who purchased zavvi gift vouchers from zavvi stores from 27 November 2008 will receive a full refund in respect of the unredeemed value of the gift vouchers. Unfortunately, it is not possible for vouchers to be redeemed in stores.



All customers who have unredeemed vouchers acquired since 27 November 2008 should write to the Joint Administrators at the following address, quoting their voucher number(s), enclosing the original voucher(s) and quoting their full name and address for return correspondence:



zavvi Vouchers
c/o The Joint Administrators of zavvi Group
Ernst & Young LLP
100 Barbirolli Square
Manchester
M2 3EY



We recommend that customers keep a copy of vouchers for their records.



Regrettably, it will not be possible to refund vouchers acquired prior to 27 November 2008. Customers with unredeemed vouchers acquired prior to 27 November 2008 should write to the Joint Administrators at the above address, asking for their claim to be registered as an unsecured claim.



Please note, due to the large volumes of vouchers that are currently outstanding it is not possible to discuss individual customer queries in person at this stage

strongbluebell

I had a zavvi voucher which I used in Dundrum today after hearing the news on sky. No problems with it however they are not selling any vouchers now.

okidoki987

Zavvi Ireland is not in trouble according to what I have heard.
However I'd say when people start avoiding it (as they do),
they may start to suffer as well.
I'm guessing there will be some big names going to the wall in the next few months after a couple of tough months.
January will be interesting.

PowerHouseDan

Why would people avoid buying something from a shop thats in trouble ie a Dvd,Blu-ray game etc??? Maybe buying a console but buying Media, i very much doubt it.

Syferus

PowerHouseDan wrote: »

Why would people avoid buying something from a shop thats in trouble ie a Dvd,Blu-ray game etc??? Maybe buying a console but buying Media, i very much doubt it.

Because preception is everything.

Even if zavvi as a whole was not in serious trouble (as it clearly is) bad news spreads much faster than good.

phasers

Syferus wrote: »

Because preception is everything.

Even if zavvi as a whole was not in serious trouble (as it clearly is) bad news spreads much faster than good.

Yes, but I doubt people won't buy CDs orDVDs because a shop may or may not be closing down

Sabre0001

Zavvi Ireland worker here (oh joy!). Stopped selling vouchers because "head office were out of stock" - looks like that was a little off Supposedly, Irish stores not affected (different suppliers) but it will probably be a case of if you can't pay your bills, you're gone.

Also, to act as a Bargain Alert - alot has been reduced. Those "Clearout Sale" posters you see on the news are also in Irish stores. Many DVDs are dirt cheap along with some games and cds...So if there is stuff you want to buy, do it soon!

Sabre0001

Sabre0001 wrote: »

Zavvi Ireland worker here (oh joy!).

Will there be any new console deals Stephen's Day ?

mikemac

Sabre0001 wrote: »

Zavvi Ireland worker here (oh joy!). Stopped selling vouchers because "head office were out of stock" - looks like that was a little off Supposedly, Irish stores not affected (different suppliers) but it will probably be a case of if you can't pay your bills, you're gone.

Also, to act as a Bargain Alert - alot has been reduced. Those "Clearout Sale" posters you see on the news are also in Irish stores. Many DVDs are dirt cheap along with some games and cds...So if there is stuff you want to buy, do it soon!

Cool and hope your job goes ok
Ultimately with the credit crisis a lot of companies are going to struggle in early January to get credit to pay their suppliers. That's it, game over. You can't run a retail chain with no stock, not even for a few days

I'm expecting lots of liquidations sales in this forum next year, good news for some of us but bad news for others

Zonda999

They actually have a pretty decent sale at the moment. Good few offers. Was in there today and i got a Ps3 DualShock 3 controller for only 40e and Linkin Park "Minutes to Midnight" for a fiver. I wouldnt not shop there because of this. Maybe not hardware, though

Firetrap

Connrang wrote: »

Hi,
I know the local store (Midlands) were not selling gift vouchers as they could not guarantee they would be around to honour them.

Have to say I liked their honesty, not too many others would be so forthcoming.. maybe a decent Jan sales coming...

Interesting. I tried to buy gift vouchers in the Kilkenny store during the week and the girl behind the counter told me they were out of them.

Sabre0001

hellboy99 wrote: »

Will there be any new console deals Stephen's Day ?

No idea...Where I am (Limerick) we only have the Wii in stock. For the last while too there have been no deals, just the basic consoles.

tororosso

Aww Jes@s I just got a 150 euro voucher off my mum there:rolleyes:
Was gonna get an xbox 360 or ps3 in Game up north. Do Zavvi do any decent deals on these consoles???

AlmightyCushion

My local zavvi has them below rrp at the moment. 80GB was €349. Can't remember the price of the xbox 360.

Basq

AlmightyCushion wrote: »

My local zavvi has them below rrp at the moment. 80GB was €349. Can't remember the price of the xbox 360.

Our local Zavvi also isn't issuing gift vouchers this Christmas.. bit suspicious!

indiewindy

Plenty of DVD deals there yesterday

Quadrophenia 2 disc version €4
The Firm €2.99
Morse Complete Collection €59.99
Watchmen book €13

Would be a pity if they go under as they have improved a lot since the virgin days

xbox36016

got
colerfield and the dark night for 30 euros on bly ray
thay have all sims games for 15 euro
all csi boxsats for 12 euro

qwertplaywert

Got Peep Show Seasons 1 to 5 for 20 euro yesterday in Dundalk Zavvi - best bargain I've gotten in ages, was reduced from 60 euro.

Zonda999

xbox36016 wrote: »

got
colerfield and the dark night for 30 euros on bly ray
thay have all sims games for 15 euro
all csi boxsats for 12 euro

Cloverfield AND The Dark knight for 30E???. That really is a bargain. must go check that out tomorrow. Thanks!:D

Syferus

Zonda999 wrote: »

Cloverfield AND The Dark knight for 30E???. That really is a bargain. must go check that out tomorrow. Thanks!:D

That guy is a bargain troller, who undercuts any bargain thread he posts on. He's been banned twice this weekend already.

johnk123

Was in zavvi recently and thought I'd report back my findings. Like someone said, they do have 2 for €30 on some blu ray but I'm not sure if all new releases are included in that. I got a few Blu Ray myself but spent more time looking in the DVDs as they are way cheaper! One thing to watch though is the box sets. Like, friends seasons are on sale at around 12€ I think, but you can get all ten for 65. (or 75 in HMV where I got mine as all the ones in zavvi had the boxes ruined)

I would recommend having a browse around though. Some really good deals to be found.

ShoulderChip

I hear zavvi Ireland is in administration now too.

indiewindy

They are in provisional liquidation as of 30/12, sign up in my local zavvi, no vouchers honoured asked to contact liquidator. In a few days there will be some huge clearance sale to clear their stock. I'll miss zavvi a good shop

Mimikyu

This post has been deleted.

billy the squid

HMV are said to be eyeing up five of the eleven republics stores .

pyramuid man

Wouldn't mind seeing that if only in limerick alone. The limerick HMV is claustrophobic at the best of times and at busy times completely devoid of air.

Zavvi in the crescent would be a good location for them.

Mimikyu

This post has been deleted.

boopolo

Solitaryman666 wrote: »

This post has been deleted.

Was in Liffey Valley yesterday. Some good deals on DVDs. There were a lot more BD titles added to the '2 for €30' they had pre-Christmas. This actual store seems to do well.

billy the squid

I've no idea, aparantly it was mentioned in the high court yesterday that hmv were in negotiations with zavvi to take on five of the stores, never said which five though.

on a semi related matter to the whole retailers going under, what is the story with ladybird, have they gone under along with woolworths?

whatsupdoc?

The Zavvi in the Square went before Christmas, River Island took over the shop.

CH3OH

billy the squid wrote: »

on a semi related matter to the whole retailers going under, what is the story with ladybird, have they gone under along with woolworths?

Woolworths own Ladybird and the administrators are currently trying to sell this off.
http://www.independent.co.uk/news/business/news/more-than-half-of-woolworths-stores-now-closed-1217766.html

Dman001

Is it Woolworths fault that Zavvi has gone into Administration? I always thought they did great business, even though their prices were brutal. Sad to see them go though. I bet HMV will take over the Zavvi in Athlone

porn_star

Dman001 wrote: »

Is it Woolworths fault that Zavvi has gone into Administration? I always thought they did great business, even though their prices were brutal. Sad to see them go though. I bet HMV will take over the Zavvi in Athlone

Not necessarily Woolworth's fault, but it had a domino effect on Zavvi. Euk, which was part of Woolworths, was Zavvi's main supplier. Euk called in Zavvi's debt and they were unable to pay up. It's a shame since Zavvi have been doing so well since they changed from Virgin. Lets hope hmv save the day..

johnk123

Just seen a further 10% off in store today. Thats on top of the marked sales prices. Looks like they are making an effort to really shift the stock.

ongarite

johnk123 wrote: »

Just seen a further 10% off in store today. Thats on top of the marked sales prices. Looks like they are making an effort to really shift the stock.

Yep, I got DualShock 3 for PS3 for €36. Regular price is €60.

Harpy

oh i might go down for an ol' look..

mgsrocks

ongarite wrote: »

Yep, I got DualShock 3 for PS3 for €36. Regular price is €60.

Just got one from hmv.co.uk for ~€36.