Story here.
In short senior management team are buying them, rebranding as Zavvi.
As a former Mega Stores employee I was never impressed with them, when they opened they had a great look, atmosphere and reflected a lot that was good about the Virgin brand. Then they just got stuck - not quite sure what to do and quickly went downhill.
I worked at the Chester store which is now a real shell of its former glory, the stock levels have also significantly dropped. HMV in Chester still popular and a much nicer shop - maybe the continued refits has something to do with that that Virgin never did.
The Megastore on Oxford street also suffers from the same problem I think.
Interestingly zavvi.co.uk was only registered on the 5th of this month so if using that domain the name is relatively new.
In short senior management team are buying them, rebranding as Zavvi.
As a former Mega Stores employee I was never impressed with them, when they opened they had a great look, atmosphere and reflected a lot that was good about the Virgin brand. Then they just got stuck - not quite sure what to do and quickly went downhill.
I worked at the Chester store which is now a real shell of its former glory, the stock levels have also significantly dropped. HMV in Chester still popular and a much nicer shop - maybe the continued refits has something to do with that that Virgin never did.
The Megastore on Oxford street also suffers from the same problem I think.
Interestingly zavvi.co.uk was only registered on the 5th of this month so if using that domain the name is relatively new.