HMV store closures

HMV's administrators say 66 of the music retail group's stores have been identified for closure over the next two months.

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 closures expected over next two months

No fixed date is set for the closure of the 66 stores which will continue to trade for now. However, the planned closures are due to start over the next one to two months. HMV currently operates from 220 stores in the UK.

HMV in central London
HMV in central London Credit: Press Association

Nick Edwards, Joint Administrator, said: "As part of our ongoing review of HMVs 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.

"All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business."