White Rose Centre HMV earmarked for closure
The HMV store at the White Rose Centre is one of 66 that will close within months, the company’s administrators have announced.
HMV entered administration in January after facing intense competition from online retailers, digital downloads and supermarkets in recent years.
It currently operates from 220 stores in the UK.
Administrators Deloitte said no fixed date had been set for the closure of the 66 identified stores, which would continue to trade in the meantime.
“This step has been taken in order to enhance the prospects of securing the business’ future as a going concern,” Nick Edwards, joint administrator at Deloitte, said.
“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.”
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Monday 20 May 2013
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