Whilst the news that Woolworths has appointed Deloitte and Touche as administrators this morning probably hasn’t escaped you, what’s less known is that it includes Entertainment UK (EUK), one of the last major DVD suppliers in the UK.
The DVD distribution market has been shrinking and EUK, one of the last, is doubtless a major source of supply for many eBay sellers.
“EUK are likely to have been the last source for many DVD sellers on eBay, listing numbers in the DVD category are likely to go down”.
– Steve, of , one of the largest eBay media sellers with over 100,000 feedback
It’s not just on-eBay supply that will be affected, EUK are also major suppliers to Tesco, WHSmith, Morrisons and of course Woolworths themselves.
In the short term it may be good news for buyers as the administrators try to dispose of stock with cut price deals, both for media items and the other products Woolworths sell. This could potentially lead to lower sales for other high street retailers and online merchants as they struggle to compete.
In the longer term it could lead to a re-balancing of DVD prices, with less supply prices may increase, though no doubt overseas suppliers will be evaluating opportunities in the UK DVD market.