Play.com closing retail business in March

Martok

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Play.com will become solely an eBay-style marketplace from March.

The business the company was founded on, stocking games and films etc. and selling them cheaply online, will cease to exist.

Play.com is the latest casualty of the government closing the Low Value Consignment Relief loophole, which waived VAT on imported goods from the Channel Islands (includes Jersey). This was closed in April 2012.

All 147 Play.com staff in Jersey are to be let go, as well as 67 others from Play's Cambridge and Bristol offices, reported the BBC.

The company will rejig operations to run out of Cambridge, where 200 staff will work.

"Moving forward we are intending to focus exclusively on our successful marketplace, which is our main business area, and to phase out the direct-retail part of our business," a Play.com statement read.

The abolishment of the LVCR loophole has apparently resulted in 600 people losing their jobs on the island of Jersey, where only around 100,000 people live.
http://www.eurogamer.net/articles/2013-01-09-play-com-closing-retail-business-in-march
 

Acegadgets

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Don't think I will miss Play.com

"The abolishment of the LVCR loophole has apparently resulted in 600 people losing their jobs on the island of Jersey, where only around 100,000 people live"

But it will help protect jobs on the mainland. The likes of Game are back in business, Grainger games and other smaller chains are doing quite well. This loophole ment that companies could sell goods in the UK under £15 and not pay any VAT making them £20% cheaper than thier mainland rivals. Perhaps if this VAT free loophole had been closed earlier, more VAT paying Indie shops would have survived?
 

Plaxinator

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It's a big shame really because they were still a big employer at the end if the day. I stopped using Play a couple of years ago as they stopped being the cheapest and were really slow with delivery. So I won't miss them either. Feel sorry for all those people though.
 

Jkrohn1

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I won't miss play at all, used to be great but they seemed to turn crap 7 days to deliver items. Games are £40 so they would have been paying tax anyway?
 

ColSonders

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Yeah I don't get it, I'm sure they sold lots of budget games, but their full price games certainly wouldn't come under the LVCR loophole.

I stopped using them years ago when they stopped being cheap and stopped being awesome at getting games to you quickly/early.

As with others I feel sorry for those losing their jobs but certainly won't miss Play.com
 

Slaine

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I used to use Play all the time before they were took over. The prices went up and the service went downhill.

Viva Shopto.net, which are pretty damn good.

Im curious to see how Amazon will fare now......
 

Jkrohn1

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Lots of my items sold by amazon came from indigostarfish which is a gift company will they be affected by the loophole closure? No tax on gift wasn't affected by the loophole thingy
 
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