Zavvi follows Woolies down the pan

So Zavvi is the latest high street music retailer to plummet into administration. It joins Tower, Our Price and Woolworths to the music shop graveyard, threatening more than 3000 jobs in the process. Woolworths and Zavvi (formerly Virgin Megastore) both use the same supplier - EUK - and now that EUK is in administration both stores have struggled to support themselves.

Not only is this a Christmas blow for the 3000+ employees but also for the flippin' music industry. HMV is more-or-less all that's left, and if they go bust then the number one resource for a CD album is going to be the supermarkets; and with those only selling the most mainstream of the mainstream albums coupled with randomly produced compilation sets then this is very bad news for up-and-coming artists able to put their music out there in an actual huge music store. As for the CD single, this surely must be among the final nails in the coffin.

Zavvi is (or rather was) the largest entertainment retailer in the UK with 136 stores in the UK and Ireland and was formed just last year as a buy-out for Virgin Megastores.

So long, Zavvi. We'll miss you :'(