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Tag Archives: hmv

Hilco to cut 400 HMV jobs – report

New HMV owner Hilco will cut a further 400 jobs at the entertainment retailer, according to reports. The Times says that Hilco is targeting a net saving of 7.8m from HMV’s payroll. An internal staff memo has suggested that store security guards will be dropped from nearly all stores other …

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OPINION: Tables turn at HMV as games suppliers fear retreat

The words look the same, but they are in a different order. Last year, we wrote about HMV meeting publishing top brass to beg them for support at a time when HMV’s relevance (and its bank balance) was in question. Now, games execs are having to remind HMV and its …

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UK games industry to HMV: Stick with us

Leading UK publishers will meet HMV this week with one clear message: Don’t give up on games. The entertainment giant emerged from administration last week with 132 stores, plus nine Fopp outlets. 79 HMV shops closed in total – fewer than originally feared. But there’s still uncertainty around video games …

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CONFIRMED: 141 HMV stores saved, Ian Topping is new boss

HMV will emerge from administration, with 141 stores and 2,643 employees. The firm has officially been acquired by Hilco, and will be led by Ian Topping. Topping was the former CEO of Steinhoff Group. Paul McGown, Hilco CEO, will be the company’s new chairman. HMV had 222 stores before its …

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25 HMV stores earmarked for closure have been saved

Major HMV stores that were originally due to be closed have been saved, MCV can confirm. That includes outlets in Manchester and Edinburgh. Originally HMV was going to close all its stores in Scotland’s capital, but now there will still be three stores, including its flagship outlet in Princes Street. …

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140 HMV stores saved in £50m deal

Hilco UK will acquire HMV in a 50m deal. Sky News is reporting that a deal has been agreed for the entertainment giant, with 140 stores and 2,500 staff saved. An official announcement could be made as early as tomorrow morning. Earlier today it was announced that some HMV outlets, …

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HMV buyout nears as shops remove ‘closing down’ signs

Having seen fellow struggler Blockbuster rescued over the weekend, hopes are high that HMV will have similar good news very soon. A number of HMV stores – including Stockport, Manchester Market Street and Argyle Street according to tweets at the weekend – have been instructed to remove their ‘closing down …

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Former HMV commercial boss takes over at Blockbuster

Gary Warren has been appointed managing director of the new Blockbuster UK. The firm was acquired by ‘TS 1973 Investment Holdings’ (a subsidiary of investment firm Gordon Brothers Europe) earlier today. 264 stores have been saved with 2,000 members of staff. Warren (pictured right) is best known for his role …

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UPDATED: HMV slashes Wii U Premium to just £199.99

Nintendo’s Wii U is currently on sale for an all-time low price on the UK High Street. HMV is selling the Wii U Premium bundle including copies of both NintendoLand and Ubisoft’s ZombiU for just 199.99. That’s a 140 discount on the RRP. In-store POS confirming the price was spotted …

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Read the definitive guide to Q2 new releases in the latest MCV

This latest MCV–which isnow available to view online– details all of the hottest releases coming in the next few months, including The Last of Us and Remember Me. We also discuss retail’s fears for Wii U and how Nintendo plans to calm them, as well as the rise of indie …

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