
The UK's second biggest PC retailer, Ebuyer, has been bought out of administration by Frasers Group, the entity founded by Sports Direct owner Mike Ashley, which runs House of Fraser, Flannels, Jack Wills, Game, and a range of other businesses. This news follows the surprise closure of the business last week, when staff were unexpectedly sent home early, and the doors to the offices closed.
Ebuyer is a bit of an institution within the UK's PC enthusiast space. Founded in 2000, the site was well known for offering a wide selection of DIY components and pre-built systems, and competed with the likes of Scan and Overclockers UK for customers. It even expanded during the pandemic when PC and component sales picked up, but it's faced a downturn in sales ever since, and increasing competition has seen it fail to retain profitability.