3400 jobs could go at ZAVVI

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    Default 3400 jobs could go at ZAVVI

    Zavvi, the highstreet music chain has been placed into administration putting another 3400 jobs in jeopardy.

    The company, closely tied to the now closing woolworths had been forced to stop taking orders via it's website.

    Ernst & Young has been nominated Administrator and the company employs 2362 permanent and 1052 temporary staff. E&Y are looking for a purchaser of the company.

    Customers who hold Zavvi gift vouchers WILL NOT be able to use them during the closing down period. It is likely they will have to make an unbsecured claim to the administrators for monies to be returned, which is often paid at a % of the pound.

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    It has just been announced that the adminstrators are to close 22 stores ending 178 jobs. Further announcements are expected soon.

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    Ernst & young have announced a further 18 store closures including it's flagship store in London's Piccadilly which employs 110 people. The administrators have been looking for a buy of the chain.


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    HMV are looking to purchase 14 stores from Zavvi (in administration).



 
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