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When Phones4u collapsed, it didn't take long for its administrators to sell off a large number of its high street stores. But what happened to the products stocked within those shops? Well, they also need to be shifted, and it just so happens that you might be able to grab yourself a nice pre-Chri...

3 months ago 0 Comments
December 9, 2014 at 9:43AM
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When Phones4u entered administration, it immediately shut all of its doors and put thousands of employees on notice. It didn't take long for Dixons Carphone to secure 800 positions, with Vodafone sweeping in shortly after to buy 140 Phones4u stores and save another 900 jobs. Now, it's EE's turn. T...

6 months ago 0 Comments
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A lot can happen in a week: just five days after Phones4u announced it was entering administration, leaving 5,596 employees facing a very uncertain future, retailers and carriers alike have stepped in to strip the company of its most important parts. Dixons Carphone has already picked up 800 emplo...

6 months ago 0 Comments
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British video games retailer GAME has lost a legal case filed by its landlords, and has been ordered to pay £3 million in rent fees accrued during its administration (bankruptcy equivalent) period in 2012, Retail Week reports. GAME's landlords banded together last year in an attempt to rec...

1 year ago 0 Comments
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Blockbuster UK is likely to follow in the footsteps of the recently defunct US arm, after administrators announced 62 further store closures, with 427 employees laid off as a result. The DVD and game rental chain entered administration (a.k.a. bankruptcy) again earlier this year, and insolvency spe...

1 year ago 0 Comments
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I attend a lot of roleplaying events. This is not a surprise to anyone, I'm sure. What also probably isn't a surprise is how many of them turn out to be slow, meandering, and generally not all that great. It's like wading through any bunch of player-generated content; you've got a lot of people who...

1 year ago 0 Comments
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Blockbuster UK faces 452 layoffs and 72 store closures, after company administrators announced "necessary" measures for the once-again bankrupt retail chain. Moorfield Corporate Recovery, the company tasked with finding another buyer for the struggling outlet, said it wasn't an easy decision to mak...

1 year ago 0 Comments
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Blockbuster UK is entering administration again, this time under investment company Gordon Brothers Europe. This means Xbox One and PS4 pre-orders through Blockbuster UK will not be fulfilled, the company says in a tweet. Blockbuster UK advises those who pre-ordered a next-gen system in-store to vi...

1 year ago 0 Comments
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Restructuring and investment firm Gordon Brothers Europe bought Blockbuster UK over the weekend. The multimedia rental and sales chain entered administration in January, a month which also saw Blockbuster's US arm close a further 300 stores. Gordon Brothers Europe acquired the retailer's 264 UK sto...

2 years ago 0 Comments
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A petition on the White House's website to work for a new law universally allowing the unlocking of cell phones recently raised more than 100,000 signatures from the public, and the White House has now officially responded to the idea, stating its support. The petition refers to Section 1201 of...

2 years ago 0 Comments
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Business restructuring company Hilco is set to acquire HMV after reportedly taking control of the struggling British retailer's debt . According to the Financial Times, people familiar with the situation report Hilco took on the debt today, estimated three months ago to be around $279 million. If t...

2 years ago 0 Comments
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Deloitte, the group handling the administration of Blockbuster UK, will close 160 of the retailer's 500 stores. Blockbuster UK went into administration Wednesday, appointing Deloitte to the task of handling the bankruptcy proceedings and finding a buyer for the company. Lee Manning, an administrato...

2 years ago 0 Comments
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Blockbuster UK has entered administration (UK bankruptcy), with 500 stores and 4,190 jobs hanging in the balance. ITV reports Deloitte, which is also handling the administration of HMV, has been appointed to handle the bankruptcy proceedings and find a buyer. The HMV situation involves 239 stores a...

2 years ago 0 Comments
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Update: HMV confirmed it's filing notice to appoint Deloitte as administrators to the company. As the BBC reports, HMV is suspending trading on the London Stock Exchange from Tuesday, January 15. HMV's 239 stores across the UK and Republic of Ireland are to remain open while Deloitte seeks a purcha...

2 years ago 0 Comments
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UK electronics retailer Comet has been circling the drain since going into administration in early November, and with no savior in sight, it's officially shutting up shop tomorrow. While the majority of stores have already served their final customers, the last remaining outposts will cease tradin...

2 years ago 0 Comments
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Retailer Game Australia will shut down all 31 of its remaining stores over the coming weeks, its administrator PricewaterhouseCoopers announced today. Game will close 16 Australian stores immediately and the remaining 15 within a few weeks. In May, Game Australia entered voluntary administration; i...

2 years ago 0 Comments