Which hmv stores are going to close

The music retailer and the department store chain have announced they are closing at least 22 shops between them. HMV and Debenhams have become the latest major retailers to announce they are closing stores on UK high streets. Music retailer HMV has confirmed three of its stores will shut at the end of the month, with new tenants already lined up to move into the properties. The company has warned of job losses and the closure of up to 10 stores by the end of this month unless it is able to secure new deals with its landlords.

It comes as the department store chain Debenhams, which entered administration in April to reduce its debt, said it was due to close 19 of its stores between 11 and 25 January.

If metal is really big in that area, they can stock more of that. HMV collapsed in December, its second administration in six years. Until now, Mr Ashley had been the likely favourite to take over the music retailer.

His company also owns stakes in French Connection and Debenhams. HMV owner Hilco, which took the company out of its first administration in , has blamed a "tsunami" of retail challenges for the latest collapse. These include business rate levels and the increasing use of streaming services to deliver music and movies. Will Wright, partner at KPMG and joint administrator said: "We are pleased to confirm this sale which, after a complex process, secures the continued trading of the majority of the business.

One significant issue for physical retailers is rising rental and business rates costs, particularly at high-profile sites such as London's Oxford Street. A brief history of HMV. Can anyone make HMV successful? Which HMV stores are going to close? Did streaming cause HMV to fail? I wish all the staff nothing but the best. They are fantastic and are always friendly and helpful. HMV said it was also relocating in Lincoln and Plymouth, with new stores opening in both cities at the start of February.

HMV was purchased in a rescue dea l by music mogul Doug Putman in February after it crashed into administration for the second time in five years in December In October Putman opened the Vault , which is the biggest music and movies outlet in Europe. HMV has collapsed into administration on two separate occasions, with the first time being in , as it struggled to cope with the rise of online downloads.

The retailer was last saved by Canadian retailer Sunrise Records in February HMV then shocked fans by quietly deciding to close or relocate several of its stores over December It's the latest store to announce it'll be temporarily closing down due to coronavirus.