MCV reports that Zavvi has closed 15 more stores with the loss of 295 jobs. 889 jobs have now been lost since the firm went into administration.

Jonathan Guthrie wrote in the Financial Times earlier this week about phoenix companies. Phoenix companies take advantage of UK insolvency laws by doing pre-pack deals with administrators. The directors realise that the company is insolvent and have...

MCV reports that Australian games distributor Red Ant has called in the administrators. It is not clear how many jobs have been lost or at risk. It joins UK distributors EUK and Pinnacle in the GameOverZone.

MCV reports that Circuit City is to close 567 stores in the United States. 30,000 jobs will be lost as the US’s second-biggest consumer electronics retailer shuts down. The company filed for Chapter 11 bankruptcy protection in...

Racing game developer Blimey! Games, has emerged from the ashes of 10Tacle Games as Slightly Mad Studios. CEO of Blimey! Games Ian Bell, who previously founded Simbin Games, has concluded a deal with administrators David Rubin &...

Video games distributor Pinnacle Entertainment has been placed into administration. BDO Stoy Hayward have been appointed as administrators and immediately made 94 staff redundant. Added to the Job Loss Tracker.