One customer managed to bag 15 cycle computers at 99p each before Wiggle and Chain Reaction’s sites were replaced by holding pages yesterday, with all remaining stock and assets set to be sold by Friday

The retailer, which appointed a liquidator this week, has invited interested parties to enter a sales process, with “best and final offers on the stock and assets of the business” expected by 22 March

Latest update comes after Mike Ashley's Frasers Group, which also owns Evans Cycles and Sports Direct, reportedly bought WiggleCRC's brand and intellectual property for less than £10 million, leading to 450 job cuts