- Hypervalue
HYPER VALUE (HOLDINGS) LIMITED was incorporated in 1980 by Ken Rogers, the Founder and then Chairman of the Hypervalue Group. It was best known for the discount retail stores that encompassed the whole of
South Wales , extending into the South West ofEngland and as far away asSouthampton . As of late 2006 the company entered into a creditors voluntary arrangement. The final Hyper Value store, and formerly the group's flagship store at Pontypridd closed Friday 14th September 2007.The retail group started as a market stall held by Ken Rogers which he leased on the
Barry Island Pleasure Park around 25 years ago - later on Hypervalue owned the pleasure park.Financial problems
In August 2006 50% of the company was bought by
Hilco , a company specialising in selling off assets from failing retail businesses. cite press release
title =HILCO UK ACQUIRES 50% SHAREHOLDING IN HYPER VALUE (HOLDINGS) LIMITED
publisher =Hilco UK Ltd
date = 26 August, 2006
url =http://www.hilcouk.com/news/article.asp?ARTICLE_ID=39&
accessdate = 2007-05-19] 4 stores were sold toBuyology in October 2006 and 4 more in December 2006. cite press release
title =HILCO SELLS HYPER VALUE STORES AND REAL ESTATE
publisher =Hilco UK Ltd
date =4 January, 2007
url =http://www.hilcouk.com/news/article.asp?ARTICLE_ID=49&
accessdate = 2007-05-19] 6 stores were sold to Ian Rogers for his new business Hypa Xtra as part of a deal which saw Hilco agree to a joint venture to acquire and operateBarry Island Pleasure Park , Dolphin bar and KR's nightclub in Barry.cite press release
title =HILCO ANNOUNCES THE SALE OF SIX HYPER VALUE STORES
publisher = Hilco UK Ltd
date =12 December, 2006
url =http://www.hilcouk.com/news/article.asp?ARTICLE_ID=46&
accessdate = 2007-05-19]Creditors received 45p in the pound.
Trivia
* Hyper Value features in the lyrics to the song 'Guns Don't Kill People Rappers Do' by
Goldie Lookin' Chain References
External links
* [http://www.hypervalue.co.uk Hypervalue Holdings Ltd] (no longer works. see new Hypa Xtra, below)
* [http://www.pleasureparkonline.co.uk The official Barry Island Pleasure Park website]
* [http://www.dolphin-bar.co.uk The Dolphin Bar (part of the Barry Island Pleasure Park)]
* [http://www.hypaxtra.co.uk The NEW Hypa Extra website (coming soon! in the meantime, see the official Barry Island Pleasure Park website for details)]
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