Zavvi, the multimedia chain have gone into administration this evening.
I am really upset that Britain is losing major businesses so rapidly, i'm quite upset about Woolworths going under recently there's 100 years of heritage in that high street brand they were one of the biggest successes of British can-do-itude and now there gone.
What do you guys think about the effects of 'the crunch' (much more talked up than in effect) this year?
PS. I've just been told that the 'Officer's club' menswear chain have gone into administration too.
PSS. They've [Officer's club] have changed hands and have gone into new ownership, they have been rescued from their liquidation worries.