Zavvi, the music retailer in administration, is to close a further 18 shops as a buyer for the business is yet to be found.

Joint administrators at Ernst & Young will continue to trade the remaining 74 stores throughout the UK. It had already closed 22 shops since going into administration before Christmas.

The closures leave 353 staff without a job.

Tom Jack, joint administrator at Ernst & Young, said: ‘Despite having received in excess of 70 expressions of interest, we have not received any offers for the store portfolio as a whole. Consequently, with reducing stock levels we have had to manage the cost base of the business and close a further 18 stores.

‘We will however continue to trade the remaining Zavvi stores with a view to selling all or part of the Zavvi business as a going concern. We remain optimistic that current sale negotiations will prove successful and that a sale can be achieved.’