Leicester store Music Junkie, has shut its doors after its parent company, Blackberry Music, went into liquidation.
The shop sold guitars and drums, along with music technology and DJ equipment.
Joe Sadler, from liquidator Elwell Watchorn & Saxton, confirmed: “The company [Blackberry Music Ltd] has ceased to trade and its convening a meeting for the company to go into insolvent liquidation.
“In this hiatus period, what we’re trying to do is support the staff and advise them of their rights, and deal with suppliers.cThe big reason why the company will be proceeding to liquidation is because the shop had big competition from some online business.
“The director was always very concerned about the overheads and paying staff, whereas online businesses can do that cheaper – and while they did have very good products, they just couldn’t compete.
“It’s just a sign of the times unfortunately.”
