UPDATED: Further 37 HMV shops to close; Full list here

Ben Parfitt
UPDATED: Further 37 HMV shops to close; Full list here

Administrator Deloitte has confirmed the intended closure of an additional 37 HMV stores.

It has not yet announced which stores will be closing or when they will shut their doors. However, it will mean a further 464 staff will lose their jobs.

The decision will leave HMV with around 116 UK stores.

These latest losses come less than two weeks after the last round of closures that saw around 70 outlets shutting up shop.

It’s disappointing news for the chain, which just last week announced that fresh deals had been struck with suppliers to ensure that key new products would still be sold in store.

It’s also a further blow for games, which appear to have been largely frozen out as the retailer looks to restructure for the future.

However, these latest developments may bring the retailer closer to the point where Hilco feels it can progress with its acquisition. The company acquired HMV’s debt way back on January 22nd but is understood to be reluctant to make a move until HMV has been trimmed to the point where it can operate more efficiently.

UPDATE: And here's the list of store closures: Ashford, Basildon, Bolton, Cheltenham, East Kilbride, Enfield, Folkestone, Glasgow Argyle, Gloucester, Grimsby, Hatfield Galleria, Heathrow T5 Departure Level, Heathrow Terminal 1, Heathrow Terminal 3, Heathrow Terminal 4, Hemel Hempstead, High Wycombe, Isle of Wight, Lancaster, Leadenhall, Mansfield, Middlesbrough, Newbury, Newcastle Silverlink, Newport, Nuneaton, Redditch, Salisbury, Scarborough, Southport, Stafford, Staines, Stockport, Swindon, Taunton, Torquay, Woking.

Advertisement

Tags: Retail , HMV , closures , more , additional

Follow us on

  • RSS