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66 HMV stores to close

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Thursday, February 07, 2013
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SWEPRupertH

ADMINISTRATORS handling troubled entertainment chain HMV have confirmed the closure of 66 stores across the country.

HMV went into administration in January and Deloitte has been searching for a buyer since.

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    HMV will close 66 stores

Swansea's Quadrant Shopping Centre HMV outlet is not among the 66 identified for closure.

The stores which will shut their doors for good include four in Edinburgh, three in Glasgow, one in Manchester and one in Birmingham.

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The closures will happen over the next two months and lead to the loss of 930 jobs.

A spokesman for HMV took to social networking site Twitter this morning(7/2/13) and wrote: "We want to acknowledge the invaluable contribution of affected colleagues, who continue to work with great passion and dedication.

"We also sincerely thank our customers in these locations for their valued support and we hope you will continue to shop at HMV."

Nick Edwards, Joint Administrator at Deloitte, said:  "As part of our ongoing review of HMV's financial position, we have now completed a review of the store portfolio and have identified 66 loss making stores for closure.

"This step has been taken in order to enhance the prospects of securing the business' future as a going concern. 

"We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period.

"All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business."

The 66 HMV stores identified for closure are: Ashton-under-Lyne, Ballymena, Barnsley, Bayswater, Belfast Boucher Road, Belfast Forestside, Bexleyheath, Birkenhead, Birmingham Fort, Blackburn, Boston, Bournemouth Castlepoint, Bracknell, Burton-upon-Trent, Camberley, Chesterfield, Coleraine, Craigavon, Croydon Centrale, Derry, Dumfries, Durham, Edinburgh Fort, Edinburgh Gyle Centre, Edinburgh Ocean, Edinburgh Princes Street, Edinburgh St James, Falkirk, Fulham, Glasgow – Fort, Glasgow – Silverburn, Glasgow Braehead, Huddersfield, Kirkcaldy, Leamington Spa, Leeds White Rose, Lisburn, Loughborough, Luton, Manchester 90, Moorgate, Newry, Newtonabbey, Orpington, Rochdale, Scunthorpe, South Shields, Speke Park, St Albans, St Helens, Stockton-on-Tees, Tamworth, Teesside, Telford, Trocadero, Wakefield, Walsall, Walton-on-Thames, Wandsworth, Warrington, Watford, Wellingborough, Wigan, Wood Green, Workington and Wrexham.

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