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Hmv News

HMV is sold to Canadian record store chain Sunrise Records

On February 5, it was announced that the Canadian record store chain Sunrise Records has purchased HMV, and it will own the rest of the company. Streaming services threaten the future of music retailers.

Supermarket giants Asda reportedly interested in buying HMV

Asda are reportedly interested to acquire failed music chain HMV as the first UK stores prepare to close, following the retailer's fall into administration in January. Around 1,500 staff have lost their jobs with a further 1,500 still in the balance.

HMV gift vouchers to be honoured

HMV shares have been suspended as administrators have been appointed; the good news for customers if not for investors is that gift vouchers are now being honoured.

British retail specialist acquires HMV Canada for $3.23 million

Toronto - Hilco UK, a British restructuring retail specialist, has acquired HMV Canada for £2.05 million ($3.23 million). The group will also provide HMV Canada $25 million to fund the management team's future business model.

HMV questions PS3 TV 'Stunt'

Desperate bid for positive PR.
 

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File photo: HMV Music Store in Hong Kong.
File photo: HMV Music Store in Hong Kong.
WiNG (CC BY-SA 3.0)
Media interest in HMV s demise was witnessed at Stevenage s store in Hertfordshire on Tuesday.
Media interest in HMV's demise was witnessed at Stevenage's store in Hertfordshire on Tuesday.
HMV was founded on July 20  1921  in London  United Kingdom. The company fell victim to the online s...
HMV was founded on July 20, 1921, in London, United Kingdom. The company fell victim to the online shopping trend. — File photo shows HMV store in Hertfordshire.

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