Fopp has gone bust... closing down!

Discussion in 'Current Events' started by MIDI_EVIL, Jun 29, 2007.

  1. macrumors 65816

    MIDI_EVIL

    Joined:
    Jan 23, 2006
    Location:
    UK
    #1
  2. macrumors 6502

    Joined:
    Mar 1, 2007
    Location:
    Cardiff
    #2
    this sucks
    one my friends worked in the cardiff branch
    its Our price and MVC all over again
    The music retail market is doomed !!
     
  3. macrumors 6502

    Joined:
    Aug 19, 2004
    Location:
    Manchester
    #3
    I was gutted when I read this - I buy about 90% of my CDs from FOPP. Well, bought. And people still maintain that the supermarket price wars are only good for consumers... Although, in this case it seems like they've over-extended with the Music Zone buy-up and couldn't really afford it.

    I feel bad for the staff too - the guys at the Manchester store were always friendly and helpful.
     
  4. Moderator

    OllyW

    Staff Member

    Joined:
    Oct 11, 2005
    Location:
    The Black Country, England
    #4
    Crap!

    I went to my local store in the Merry Hill Center last night and it was closed.

    They always had great bargains in store and a good choice of music, especially older stuff. Obviously they weren't charging enough to survive.

    Not good news :( :( :(
     
  5. macrumors Core

    Dagless

    Joined:
    Jan 18, 2005
    Location:
    Darkplace Hospital
    #5
    I've never heard of Fopp! Sounds like another Music Zone. Which is a shame.
     
  6. Lau
    Guest

    #6
    Yeah, it's a shame it's closing down. I loves me some Fopp, and I too bought the majority of my CDs there. They always had a good selection of books as well. :(
     
  7. macrumors Penryn

    Abstract

    Joined:
    Dec 27, 2002
    Location:
    Location Location
    #7
    The music industry is weird. Supermarkets like Sainsburys only sells the Top 30 or 40 albums on the music charts at any one time, while a place like Fopp sells the Top 30, Top 50, old stuff, etc. With the success of the supermarket music shops, it shows you how you only need to sell the Top 40 albums of the month to survive in this business. People listen to crap.
     
  8. macrumors 6502

    Joined:
    Aug 19, 2004
    Location:
    Manchester
    #8
    Went past the Fopp store in Manchester today and there were a few people trying to see through the glass. Sad sight.

    Heard a strange noise too: the nervous silence of music pirates searching for another way to delude themselves that theirs is a victimless crime...
     
  9. macrumors 6502

    Joined:
    Aug 10, 2006
    #9
    Shame..I've heard good things about this shop.
     
  10. macrumors 6502

    Joined:
    Mar 1, 2007
    Location:
    Cardiff
    #10
    Actually the real money was in the back catalog not the charts the supermarkets use the top 40 CD as a loss leader to get people through the doors. You'd be amazed how much the record companies charge the retailers for new CDs, unless your buying on bulk for a whole chain, its considerably more than is charged to the customer.

    to sum up yes the music business is weird
     
  11. macrumors 6502

    Joined:
    Aug 19, 2004
    Location:
    Manchester
    #11
    HMV are buying the FOPP name and reopening 6 of the stores, including the Manchester store: BBC News.
    It'll be interesting to see if they maintain the pricing model, but good news either way.
     

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