Wednesday, January 14, 2009

super dvd shops

I am assuming, dear readers, that you are doing just that - reading
I also feel it is safe to assume, therefore, that you have realised I like films, be they in the cinema or on DVD.

Because of this, I have been following the news to see which shops, more specifically which entertainment shops, have been struggling.

Woolworths went under, taking Entertainment UK with it.
The collapse of EUK meant that Zavvi, the new name for Virgin Megastores since the management buy-out, had nowhere to buy their stock from.
Zavvi stopped honouring gift cards and vouchers, wouldn't sell any further vouchers, stopped selling phone top up and iTunes cards and knocked 10% off the price of almost everything.
Zavvi then knocked a further 10% off their stock.
Zavvi closed some stores, and then today announced that they were going to close some more.
HMV, in my opinion a better music/DVD store, bought 14 stores from Zavvi, saving jobs and expanding their network of shops.

So in the time that I have been in London (about 5 1/2 years) Piccadilly will have seen its 3 music shops (HMV, Virgin and Tower Records) reduced to just one, HMV, following mergers, collapses and buy-outs.

Both a sad day and a happy day for entertainment fans everywhere (but especially places with an HMV and without a Zavvi)

Timmy "DVD Discounts" Magic

No comments: