BDO hopes to save Our Price

Administrator BDO Stoy Hayward is hopeful that it can save music retailer Our Price, after Primemist's attempt to breathe life into the chain failed.

Australian retailer Brazin sold the chain to acquisition vehicle Primemist three months ago, but the new owners reportedly had trouble getting credit and stock from suppliers. The business, registered as Our Price Entertainment, was placed in administration two weeks ago.

BDO Stoy Hayward hopes to sell the 111 stores, then branded Sanity, as a going concern.