HMV Finally closing down for good?

Very worried as i'm going into work today. We didn't ship any stock at all to HMV yesterday as they were on credit hold across all clients, i've never seen that in 6 years of being with my employer. HMV are one of our main customers (we ship between 40-100k of stock daily to them) and think it's going to have a short term negative effect for us, in the long term the likes of Amazon will fill the customer hole.
 
Beginning of the end I am afraid. There is just no need for these kind of shops anymore. In the past year alone Clinton Cards, Subway, Gamestation and Comet have all left our town. The last thing I bought from HMV was Fallout 3 because it was on special offer and that was nearly 5 years ago now.
 
adam cool dude said:
Beginning of the end I am afraid. There is just no need for these kind of shops anymore. In the past year alone Clinton Cards, Subway, Gamestation and Comet have all left our town. The last thing I bought from HMV was Fallout 3 because it was on special offer and that was nearly 5 years ago now.
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Subway have (in the last few years) opened two locations locally here. Burger king have just opened, we've just had a new Morissons "local", and the only retailer to "leave" was Comet (who didn't leave neither my nor your town, they died).
 
god the news channels are going to town about this and how the internet killed hmv.

NO hmv killed themselves thanks to having poor management and not evolving, add that to high business rates and rents and stores running at a loss and it all add's up.

the internet could have been a good place for them but yet again like many others stores they just didnt embrace it fast enough and ignored it thinking it wasnt worth the trouble.
 
desires said:
Who cares, obviously nobody goes to them any more anyway. The last time I went to a high-street to do shopping was when I was a fat fatty and wanted a Big Mac, some 4 years ago.

Pretty sure 20 years ago people were all moaning about the independently owned shops being sold to big brands like HMV and Jessops.

Capitalism is self-correcting, what goes around comes around, no business that requires constant growth will last forever.
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With Argos, I suspect Homebase will the millstone around it's neck, as a retailer Homebase seems to be worse than HMV in prices, and in how quiet they are...


It's sad to see HMV go, as they are about the last highstreet dvd/cd retailer :(
 
It's a pity ... I tended to use them to look to see what was new when I didn't have a chance to look online and I would occasionally pick things up in there on impulse if I wanted something to watch that afternoon. Yes they were overpriced and sometimes their range of stock was a bit unbalanced but I liked having a look around.
 
Werewolf said:
Homebase seems to be worse than HMV in prices, and in how quiet they are...
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I was in the Cannock Homebase yesterday and think i was the only one in there, staff just grouped up chatting around tills as nothing to do. :eek:

Wicks seem the same, always empty.
 
Rossi~ said:
I'm not.
I wouldn't buy an electrical appliance without seeing it in person, I.e. in a shop first.
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But would you actually buy it from said shop, or would you go out to try the one you like, then order it for 20-30% less from somewhere else?

I know which I do.
 
oldbag said:
I'm surprised dixons/currys still exists tbh.
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they changed big time about 8 years ago while i still worked there. they closed the vast majority of there dixons stores and finally started to look at the internet.

but i can see them crashing hard though as they still have the same crack pot management in head office and from what iv heard from a few friends they are still expecting year on year growth while charging over the odd's.

i can see them having a poor year and showing signs of going bump within 2 years to be honest. they could save themselves but it would mean more store's being closed down and a lot of staff being let go, as well as more competitive prices across the store not just on the tat they make themselves.
 
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