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HMV to Close 66 Stores, Lay Off Over 900 Employees

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HMV to Close 66 Stores, Lay Off Over 900 Employees
[ Business]

Last month, U.K. electronics retailer HMV entered administration. Employees and customers were left wondering whether the business would be shutting down.

Today, Deloitte, the firm hired to oversee HMV’s administration, announced that 66 HMV stores will be closing throughout the U.K. These stores collectively have 930 employees, and no plans to relocate them were revealed. HMV currently has 220 stores in the U.K.

This step has been taken in order to enhance the prospects of securing the business’ future as a going concern,” said Nick Edwards, joint administrator of HMV. “We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period. All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business.”

No date has been set for the closure of the stores, but they are expected to shut down sometime in the next two months. Below is the list of stores that will be closing. Consumers near these stores would be well-served to keep an eye on them to watch for closeout sales.

Ashton-under-Lyne, Ballymena, Barnsley, Bayswater, Belfast Boucher Road, Belfast Forestside, Bexleyheath, Birkenhead, Birmingham Fort, Blackburn, Boston, Bournemouth Castlepoint, Bracknell, Burton-upon-Trent, Camberley, Chesterfield, Coleraine, Craigavon, Croydon Centrale, Derry, Dumfries, Durham, Edinburgh Fort, Edinburgh Gyle Centre, Edinburgh Ocean, Edinburgh Princes Street, Edinburgh St James, Falkirk, Fulham, Glasgow – Fort, Glasgow – Silverburn, Glasgow Braehead, Huddersfield, Kirkcaldy, Leamington Spa, Leeds White Rose, Lisburn, Loughborough, Luton, Manchester 90, Moorgate, Newry, Newtonabbey, Orpington, Rochdale, Scunthorpe, South Shields, Speke Park, St Albans, St Helens, Stockton-on-Tees, Tamworth, Teesside, Telford, Trocadero, Wakefield, Walsall, Walton-on-Thames, Wandsworth, Warrington, Watford, Wellingborough, Wigan, Wood Green, Workington, Wrexham.

HMV to Close 66 Stores, Lay Off Over 900 Employees
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