PowerPlay closures, but not in administration - company statement
Yesterday Bitterwallet reported that entertainment retailer PowerPlay Direct may have gone into administration following reports of their website shutting down and the closure of some high street stores.
Is it squeaky bum time for customers who have placed orders with the company? Hopefully not - we've now heard from a representative at PowerPlay Direct, who provided the following statement:
Powerplay Direct Ltd has made the planned decision to close parts of their multimedia retail division which, regrettably, are no longer viable.
The web sitepowerplaydirect.com and their Hereford store closed on 4 January 2011. However the flagship store in Leicester remains unaffected and will continue to trade with business as usual.
The two areas combined represent less then 1% of the Groups activities.
Anybody who has recently placed an order through the website and is concerned can contact the company at [email protected]