No refunds yet for Gramophone memberships, gift vouchers
The sudden closure of local music retailer Gramophone last week has left a sour note with some holders of the store's gift vouchers and deposit-backed memberships.
It is unclear whether they will be able to claim the money owed to them, possibly amounting to several thousand dollars. The store, which mostly sold CDs and DVDs, closed on Sept 18, citing difficult trading conditions.
Gramophone told The Straits Times by e-mail it has "received inquiries from about 20 membership card-holders and three gift voucher holders and has advised them accordingly".
The company "intends to be wound up and will take the steps necessary towards this", but "in the meantime, the company is not allowed to make any payments out".