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:: Friday, May 02, 2008 ::

Sound Control goes bust

Turnkey / Sound Control goes bust
"Sad (-ish) news for British music gear buyers - Sound Control group, who own a string of enormo-shops and Turnkey, the UK distributors for Moog, DSI, Jomox and more, have appointed administrators after failing to find a buyer: "Following a review of the Group’s operations the Administrators have today made the difficult decision to close 10 of the Group’s trading locations and bring to an end its telesales and internet sales activities. These changes to the Group’s operations have resulted in 163 redundancies with immediate effect." The group has a turnover of £50m and employed 338 people across Britain. Obviously their competitors, like Dolphin Music, are delighted."

Sad news.
Look out for bargains!

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:: Dan 2.5.08 [Arc] [1 comments] ::
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Comments:
Wow, the place I bought all my guitar gear (which ironically enough, I'm looking to sell soon) from.
 
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