Play.com: No longer selling to the public
Play.com has made a pretty bold move and decided to shut down its retail business. Basically, it has become a marketplace only (from March 2013), which means it has stopped selling to the public.
The retailer has said that this move comes about after the ending of Low Value Consignment Relief (shut by the UK government in April 2012), which allows items less than £15 to be sold to the UK VAT free, meaning that Play.com will be more like a shopping centre rather than selling directly to customers.
In a statement Play.com said: "Moving forward we are intending to focus exclusively on our successful marketplace, which is our main business area, and to phase out the direct retail part of our business."
TOPICS: High Street News