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January 16, 1997updated 05 Sep 2016 12:17pm

PHILIPS FOLDS SUPERCLUB CHAIN

By CBR Staff Writer

Philips Electronics NV has decided to wind up the activities of its Superclub subsidiary on April 1 because the losses are becoming unsustainable. Superclub is a chain of shops in Belgium, the Netherlands and France selling and renting videotapes and selling audio CDs, games and multimedia entertainment such as CD- i and CD-ROM.

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