2,500 jobs saved as HMV agrees deal with Hilco
Around 2,500 jobs at HMV have been saved after restructuring firm Hilco agreed to buy 141 stores, including 23 which had previously been slated for closure.
Around 2,500 jobs at HMV have been saved after restructuring firm Hilco agreed to buy 141 stores, including 23 which had previously been slated for closure.
Looks like our time has come to an end ???? the HMV Silverlink store will be closing down, we'll keep you up 2 date with on goings #hmv
From @HMVSilverlink on Twitter:As HMV announce a further 37 stores are to close many of you have taken to twitter to mourn the loss of local shops:
Sad news about closure of HMV in Middlesbrough. Had a very enjoyable stint working there one Christmas many years ago with some top people
From @IanMcNeal on Twitter:Great, so my local HMV (and the store i used to work at) is closing down =( My thoughts go with the staff @hmvmansfield
From @Emo185 on Twitter:Absolutely gutted to hear HMV Stockport is closing down. Hope my friends there soon find employment elsewhere. The end of an era :(
From @VictorVortex on Twitter:Last month HMV staff live tweeted as they were made redundant. Read the tweets here.
Administrators for HMV have named 37 more stores that they plan to close as part of plans to secure the music retailer's future.
Three more stores across the North East will close:
Newcastle Silverlink
Middlesbrough
Scarborough
HMV administrators Deloitte have confirmed another 37 stores will close "in the next four to six weeks in parallel with the 66 stores that are already subject to a closure programme."
– Nick Edwards, Joint AdministratorWe are extremely grateful to the staff for their continued strong support and commitment during an understandably difficult period. All other key stakeholders including suppliers and landlords remain supportive and we appreciate their ongoing assistance.
Another 37 HMV stores are being closed in a move affecting 464 staff at the collapsed music retailer, administrator Deloitte announced.
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.
We want to acknowledge the invaluable contribution of affected colleagues, who continue to work with great passion and dedication.
From @hmvtweets on Twitter:We also sincerely thank our customers in these locations for their valued support and we hope you will continue to shop at HMV
From @hmvtweets on Twitter: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.
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.
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.
500 enthusiastic fans meet Cheryl Cole, back home on Tyneside to promote her new album.
Read the full story