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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

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