The full list of HMV stores to close revealed

Roman Schwartz
February 5, 2019

It is not been announced now which stores are set to close.

KPMG was put in charge of finding a buyer for the almost 100-year-old British business after HMV filed for administration in the final days of 2018.

The administrators will retain a further 122 employees at warehouse functions to assist them in winding down operations.

HMV, the British music retailer that collapsed after Christmas, has been sold to the owner of Canada's Sunrise Records in a deal that will save 100 stores and 1,487 jobs, its joint administrators said on Tuesday.

The likes of Poundworld, Toys'R'Us and Maplin all went bust a year ago amid brutal trading, while heavyweights Marks & Spencer and Debenhams announced plans to shut hundreds of stores.

The firm's remaining 27 stores will close, resulting in 455 redundancies, and it has been revealed the store at Bluewater in Greenhithe and the Tunbridge Wells store in Royal Victoria Place, are set for closure.

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Putman bought several of HMV Canada stores when the brand went into administration in 2017.

"By catering to music and entertainment lovers, we are incredibly excited about the opportunity to engage customers with a diverse range of physical format content and replicate". Those stores were rebranded as Sunrise Records, a chain of now 80 stores in North America.

Discussing the future of hmv, Doug continues: "We think it will be a long time".

In December, former owners Hilco sought a buyout following a "tsunami of challenges" including an "ongoing wave of digital disruption".

Will Wright, partner at KPMG and joint administrator, said: 'We are pleased to confirm this sale which, after a complex process, secures the continued trading of the majority of the business.

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