
PMT (Play Music Today), the UK’s fourth-largest multi-channel musical instrument retailer, has been placed into administration – with the company’s 11 stores, online platform, and main warehouse in Liverpool closing with immediate effect.
According to Insider Media, there have been 96 redundancies, with 48 people retained to assist the administrators. While the directors reportedly sought to explore options, no viable solutions became available, forcing them to file for administration.