Richer Sounds, a UK retailer of hi-fi and home cinema goods, has announced that it has acquired the Empire Direct brand and website from the bankrupt company's administrators.

In a statement, the 30-year-old company says that despite "challenging...

Empire Direct has gone into administration, as the UK high street shows further evidence of decline.

The chain, of 14 branches and a big online store, will see the loss of 350 jobs from the 25-year-old Yorkshire-based company.