HMV store closures in the NE

HMV are to close four North East branches following the collapse of the entertainment retailer.

Full Report: HMV closures in the North East

The administrators for HMV have confirmed that the famous name will disappear from at least four of the region's high streets.

The branches in South Shields, Durham, Stockton and the Teesside Shopping Park will close, with the loss of thirty nine jobs.

Our Business Correspondent Ben Chapman visited the South Shields branch, where the shop has played its own part in recent pop music history.

His report, which you can watch in full below, contains some flash photography.

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HMV closure 'a shame' - McElderry

by Ben Chapman, Business Correspondent

The X Factor winner Joe McElderry says that it is "a shame" the HMV store in his home town of South Shields is to close.

The store was the scene of his first big public appearance after winning the competition in 2009.

He told me that walking into a store, browsing and picking up a copy of your favourite artist's song is "what music is all about".

However, he admits most of the music he buys now is online.

National

Administrators name HMV stores set to close

The 66 stores identified for closure are:

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.

Administrators Deloitte announced the planned closures
Administrators Deloitte announced the planned closures Credit: Press Association

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.

National

HMV acknowledges 'invaluable contribution' of staff

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We want to acknowledge the invaluable contribution of affected colleagues, who continue to work with great passion and dedication.

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We also sincerely thank our customers in these locations for their valued support and we hope you will continue to shop at HMV

Last week, tweets appeared on the official HMV account showing the feelings of some staff losing their jobs at head office and within the distribution network.

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HMV stores will close 'in the next one to two months'

In a statement, the Joint Administrators said "There is no fixed date for the closure of these stores which will continue to trade in the meantime. However, it is expected that closures will take place over the next one to two months."

Nick Edwards, Joint Administrator, commented: “As part of our ongoing review of HMV’s financial position, we have now completed a review of the store portfolio and have identified 66 loss making stores for closure. This step has been taken in order to enhance the prospects of securing the business’ future as a going concern.

“We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period. "

– Nick Edwards, Joint Administrator

HMV job losses: store by store

Poor Christmas sales added to HMV's financial woes Credit: ITV

Administrators for HMV have named the stores they plan to close as part of plans to secure the music retailer's future.

Job losses by branch:

Durham: 9

South Shields: 9

Stockton-on-Tees: 8

Teesside Shopping Centre: 13