Zavvi latest high street hit
Updated on 24 December 2008
More than 3000 jobs are at risk as former Virgin Megastore chain is hit by the collapse of Woolworths' Entertainment UK wholesale division.
Despite a last minute dash for the high street by Christmas bargain hunters, the longer term prospects in the retail sector took another hit today as the music retailer Zavvi went into administration.
And retail experts say the outlook for other retailers next year is bleak.
