Deathwatch - Powerplay Direct in administration?
Oh dear. HMV may be on a sticky wicket, but at least they're still managing to soldier on. It seems the same can't be said for entertainment retailer Powerplay Direct, however.
The last remaining 'indie chain' Powerplay looks to have gone into administration. Back in July 2003, this South England-based music retailer bought four of the Andy's / Andy's Records stores (Lowestoft, Bedford, Hull and Lancaster) from the administrators. The company then purchased a further three (Hereford, Leicester and Worcester) in September 2003. Although Powerplay Worcester (my hometown) closed a while ago now, Powerplay still had a few high street stores including Leicester and Hereford. And they concentrated on online sales under the name Powerplay Direct.
I was in Hereford on Boxing Day with the family and went to the local HMV. The Powerplay store in Hereford is right opposite HMV but on Boxing Day was closed. I thought it a bit odd but put it down to them not being able to staff it on this bank holiday.
But I was in Hereford again today and it was all boarded up. It looks like they've gone into administration to me as their website is down too.
We've contact Powerplay Direct for a statement on the matter. The website doesn't confirm the company is in administration, but the developments noted above, plus news passed on to Bitterwallet that the company's affiliate links have been suddenly dropped by Webgains - all suggest this may be the case.