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Re: House of Fraser in trouble...
Quote:
Quote from Sky News:
HMV, Britain's biggest high street music retailer, is on the brink of becoming the first post-Christmas victim of Britain's brutal high street environment by collapsing into administration for the second time in six years.
Sky News has learnt that HMV Retail filed a notice of intention to appoint administrators last week amid desperate last-ditch talks with suppliers.
Sources said that the chain, which trades from 130 shops and employs about 2,200 people, had been in talks in recent days with leading names in the recorded music industry to seek financial support from them.
However, those discussions are not thought to have produced sufficient assurances to underpin HMV's finances, casting doubt on the survival of a retail name due to mark its centenary in 2021.
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Probably one of the more vulnerable brands to on-line and downloads.
My grandfather used to work for EMI (records) in Hayes. The original owners of the HMV brand.
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History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
Last edited by heero_yuy; 28-12-2018 at 09:54.
Reason: Tidied up quote
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