All Posts Tagged Tag: ‘HMV’

HMV to Close Even More Stores, Lay Off 464 More Employees

U.K. Electronics retailer HMV is set to close 37 more stores and lay off 464 more employees. This is in addition to the 66 store closures and 930 employee lay offs that were announced earlier this month. No date has been set for the store closures, but individual stores will be closing in the next four to six weeks. Adding …

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HMV to Close 66 Stores, Lay Off Over 900 Employees

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 …

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HMV Closing? Electronics Retailer Enters Administration

HMV, the British entertainment retailer, has announced that its discussions with creditors have come to an end and the company will enter administration. Trading of HMV stock has been suspended on the London Stock Exchange. Deloitte partners Nick, Edwards, Neville Kahn, and Rob Harding have been name-dropped as posible administrators of the company and some of its subsidiaries. HMV has …

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