The joint administrators of U.K. entertainment retail chain Zavvi have announced the closure of a further 17 stores, leading to the redundancy of 242 employees.

Among the stores affected are Blackpool, Coventry, Harlow and York.

The remaining 31 stores will continue to trade as the joint administrators "remain hopeful that a sale of some or all of these stores can be achieved," according to a statement from Ernst and Young.

"We are in detailed discussions with two interested parties and it is our intention to continue to trade all remaining U.K. stores with a view to their sale as a going concern," said joint administrator Tom Jack of Ernst and Young in a statement.

Zavvi entered administration -- roughly the equivalent of Chapter 11 bankruptcy protection -- on Dec. 24. Mid-January, rival entertainment chain HMV purchased 14 of its stores in the U.K. and Ireland. Just days ago, another 15 stores were closed, causing 295 job losses (, Jan. 29).