Thursday 21 June 2007

Fopp to close?

It certainly looks as though Fopp is in trouble.

Several stores are only taking cash transactions today. The stores are claiming it's a 'card authorisation problem' but I smell a rat.

I, like plenty of people, thought the purchase of Music Zone was a step too far for the chain. Looks like they're having serious liquidity problems.

Be a real shame if they can't pull out of the shit though.

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