The UK entertainment retail chain Zavvi (which took over from Virgin Megastore just a few months ago) are in administration at the moment. They will be closing loads of branches from tomorrow, and for the ones that are left, they'll cut the prices of everything to 50% from tomorrow. I'd say it's worth a look! See what bargains are up for grabs.
Source: Metro
Quote: "Zavvi's remaining outlets are now set to slash the price of their products by a further 20% to 50% from tomorrow."
Further to this, the BBC have a list of branches which will be closing:
ZAVVI STORE CLOSURES
Ashford (Designer Outlet) (8 staff)
Ayr (5)
Bideford (Atlantic Village) (7)
Braintree (7)
Braintree (Freeport Village) (7)
Bridgend (Welsh Designer Outlet Village) (8)
Castleford Outlet (8)
Chatham (13)
Edinburgh (Cameron Toll) (4)
Hempstead Valley (9)
High Wycombe (Octagon) (8)
Huddersfield (7)
Liverpool (Clayton Square) (28)
Livingston (McArthur Glen Outlet) (5)
Manchester (Salford Quays) (5)
Mansfield (McArthur Glen Outlet) (6)
Newcastle (Royal Quays) (6)
Sterling Mills (10)
Street (Clarks Village) (7)
Swindon (Great Western Designer Outlet) (8)
Torquay (5)
York (McArthur Glen Outlet) (7)
Number of employees in brackets
Source: BBC news
So if there's a branch near you that isn't closed or closing, you may wish to pay them a visit.
EDIT 2009-01-11:
I went in on Friday and Saturday to look for bargains, and there was a sign saying "UP TO 50% OFF" outside the shop, but inside, things were mostly 20% or 30% off. 50% off vinyl records, yeah... but the thing is, none of the prices looked particularly good. Most of the prices were far more than you would normally see in shops - especially online shops - and even when you considered the discounts, the prices were still way above the average prices in amazon / play.com etc. This chain does not understand how to sell things! It cannot save itself! Shoppers were merely milling about in the shop, looking at things, probably trying to work out the discounts in their heads and thinking "this is still too much!". There were barely any people queuing to buy things.