Virgin Megastore
Virgin Megastore the entertainment retailer became insolvent after Administrators Ernst & Young declared the company bankrupt. The company went into administration due to falling sales and demand for their products simultaneously.
- Administrators: Ernst & Young
- Year Founded: 1971
- Total Number of Employees: 14,666
- Total Number of Jobs Lost: 2,200
- Number of Stores: 125
- Managing Director/CEO: Simon Wright
2007