Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


ICON: “Administrators Appointed” Sounds

ICON: “Administrators Appointed” Sounds, Games Plus and Blockbuster Stores Re-open

The Voluntary Administrators of Icon Digital Entertainment today announced that on Saturday 24 November they re-opened 14 Sounds, 4 Games Plus and all 7 Icon owned Blockbuster stores for business. Please refer to the information on the BDO Spicers website for the locations.

Stephen Tubbs of BDO Spicers said that the Administrators had met with all major known creditors of the company and were working with those creditors in an attempt to maintain the core elements of the business with a view to selling it as a going concern.

“We have already received more than a dozen enquiries regarding all or part of the business and would be advertising nationally for expressions of interest in the next few days.

“We have also received many enquiries from holders of Reward Cards and Gift Vouchers. While the Administrators cannot redeem Reward Cards and Gift Vouchers at this time, the Administrators are exploring all opportunities for sale of the business and the Administrators expect to be able to make a further announcement on these in the next two weeks,” he said

The Administrators are also grateful for the loyalty and understanding shown by the Icon staff who have assisted the Administrators and customers through this difficult period.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news