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bought the company. It took over two Titles video rental stores in Hendon and
Colchester initially and its unique selling strategy was to offer discounted prices for members, using a dual pricing system whereby members obtained a membership card for a small fee. However, its strategy of locating off
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the high street to save rental costs led to reduced footfall and as competitors began to reduce CD, video and multimedia prices, this price advantage was eroded over time. It belatedly attempted to locate newer outlets in prime locations but MVC had missed its opportunity. It was bought by
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On 25 January 2007, Music Zone also went into administration. 67 former Music Zone stores were taken over by music and book retailer
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of popular and specialist titles. At its peak, the company operated 82 stores in the United
Kingdom, and also sold products over the
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In August 2005, MVC was sold to venture capital company Argyle
Partners for £5.5 million. In December 2005, however, it entered
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423:, previously redirected to HMV site, and then to Amazon UK. Now directed to a Sedo holding page
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with Kroll. In
January 2006, 41 MVC stores were bought by competitor
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Companies that have entered administration in the United
Kingdom
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210:. The company closed in January 2006, after entering into
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235:in 1993, which later spun it off as part of the
282:"Sad note as MVC is called into administration"
462:Defunct retail companies of the United Kingdom
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472:Video game retailers in the United Kingdom
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433:, archived version of website from Feb 06
452:Retail companies disestablished in 2006
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467:Music retailers of the United Kingdom
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447:Retail companies established in 1989
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352:"Music Zone enters administration"
330:"Music Zone buying 41 MVC outlets"
107:82, (73 at time of administration)
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457:Defunct companies based in London
395:Ernst & Young Press Statement
374:"Music Zone sells stores to Fopp"
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284:. Bedford Today. 1 January 2006
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182:was a British entertainment
376:. BBC News. 5 February 2007
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354:. BBC News. 5 January 2007
332:. BBC News. 4 January 2006
226:directors, who left after
222:MVC was founded by former
19:Music and Video Club (MVC)
159:Argyle Partners (2005–06)
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400:9 October 2007 at the
306:. FPM. Archived from
239:chain in July 2005.
176:Music and Video Club
165:Number of employees
103:Number of locations
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429:Official website
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419:Official website
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155:Woolworths Group
150:Kingfisher Group
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402:Wayback Machine
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310:on 11 July 2011
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196:audio cassettes
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411:External links
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244:administration
233:Kingfisher plc
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212:administration
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118:United Kingdom
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78:Administration
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46:Entertainment
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378:. Retrieved
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356:. Retrieved
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334:. Retrieved
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312:. Retrieved
308:the original
304:"Kingfisher"
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286:. Retrieved
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179:
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84:Headquarters
52:Record store
33:Company type
15:
380:3 September
358:12 February
336:3 September
288:12 February
200:video games
186:which sold
140:video games
113:Area served
441:Categories
314:10 October
265:References
248:Music Zone
237:Woolworths
228:W H Smith
224:Our Price
152:(1993–05)
398:Archived
208:internet
184:retailer
124:Products
43:Industry
218:History
66:Defunct
58:Founded
37:Private
202:, and
157:(2005)
89:London
48:retail
146:Owner
136:music
382:2011
360:2009
338:2011
316:2010
290:2009
255:Fopp
188:DVDs
74:Fate
69:2006
61:1989
259:HMV
204:CDs
192:VHS
180:MVC
178:or
169:700
132:DVD
128:VHS
443::
273:^
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214:.
198:,
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130:,
92:,
50:,
384:.
362:.
340:.
318:.
292:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
