News Articles

Tuesday, January 15, 2013

HMV to keep trading as administrator appointed

Entertainment retailer HMV is reported to be appointing Deloitte as its administrator, although its shops in the UK and Ireland will remain open during the search for a buyer. The company, which opened its first shop in 1921, currently has over 200 stores and employs over 4,000 people.

This news follows the recent closures of the Comet and Jessops retail businesses.

HMV is best known for its music and movie sales, although until recently the company also had a number of Orange mobile phone concessions in its shops.

[More details: BBC News; guardian.co.uk

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Retailing, NewsNumber of views: 10663

Tags: uk music hmv

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2024»
MonTueWedThuFriSatSun
26272829123
45678910
11121314151617
18192021222324
25262728293031
1234567

Archive

Terms Of Use | Privacy Statement