Empire Direct goes titsup
Electrical retailer's decline and fall
Posted in Financial News, 20th January 2009 10:51 GMT
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Another UK retailer has gone titsup - electrical retailer Empire Direct has gone into administration.
The Leeds-based chain's 14 warehouse shops and online store are shut as it was unable to trade in administration because of low stock levels. The firm's collapse means 150 jobs have been lost.
Customers awaiting orders should email orderqueries@empiredirect.co.uk, or phone 0871 4729000. Suppliers should call 0871 4729001.
The statement on Empire Direct's website warns people not to expect an immediate response to mails.
Mark Firmin and Richard Fleming of KPMG LLP have been appointed by the High Court as joint administrators. They are trying to work out what the situation is for customers who have paid for goods but not received them.
The company was one of the few alternatives to DSGi brands like Currys and PC World, which are having their own problems.
The company turned over about £150m a year and had been trading for 25 years. ®
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