These additional closures are to ”enhance the prospects” of HMV surviving in the long-term. Earlier this month a trade agreement was secured to keep HMV stocked by suppliers.
Among the latest casualties are stores even in Heathrow airport, as well as Middlesbrough, and Newcastle. Administrator Deloitte has already closed 16 in Ireland.
”This step has been taken in order to enhance the prospects of the restructured business continuing as a going concern,” said Nick Edwards, one of the joint administrators. ”We are extremely grateful to the staff for their continued strong support and commitment during an understandably difficult period.” The Irish closures cost around 300 jobs.
His Master’s Voice is getting a little hoarse.
