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Empire Direct in Administration

Discussion in 'General Business Forum:' started by Stationery Direct, Jan 20, 2009.

  1. Stationery Direct

    Stationery Direct Administrator Staff Member

    It seems Empire Direct have gone into administration today, very lucky for my sister and grandparents who received their LCD TV's early last week, after ED had their money for over 2 weeks whilst stock came in.

    The extra £30 odd that they each paid for 3 years ED warranty I presume has been a complete waste of money. Makes you wonder if this was their plan all along to make some extra money knowing they would probably never have to fulfill the service.

    I understand high street stores going bust but not a business that predominantely operates online, they just drop-ship, what are their overheads?

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