HMV Finally closing down for good?

Caporegime
Joined
25 Nov 2004
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26,002
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On the road....
Just got back from HMV having being told by a member of staff that they (the staff) have been informed the group will cease trading "within 4 weeks"
I've scanned the usual media outlets, but can't as of 17:00 find any further details.....

Just wondering if anybody has any further news?

Sad ,if true, but given, for example ,the £100 price difference between them and an on line competitor on an ipod docking station that I bought last night,not surprising....
 
Sad to see them go in some ways but not in others.

If anything, I like to walk in and look around now and again to see some boxsets in person.
 
Could well be true, maybe the figures were in for December and they just don't justify running the business.

TBH I can't see there being any book/dvd/PC or electrical bricks and mortar shops within a year or two.
 
The Gunwharf HMV has never been good. Over the past year+ I casually stroll in there just to check a record out and see if any new imports are in but sadly those days are long gone.

The albums of music I usually listen to have remained the same, unmoved off the same shelving positions they were at the sale time. The only difference being that the iPhone/iPd sections have grown in size and they now sport a Dr Dre BEATS headsphones section all on its own.

Also a novelty gifts section which I don't quite understand because everything is overpriced and you can buy that stuff from another store nearby cheaper...
 
If they close, the only other place to get physical media would be WH Smith and supermarkets, which they generally only stock Top 40 stuff.

If HMV had embrace their online aspect a lot more, close down more stores to just big cities earlier, they might just survive. I mean didn't the whole Virgin/Zavvi saga teach them anything?
 
I can remember many a fine Saturday morning nipping in to buy DVD's and CD's from HMV years ago.

Prices never got sorted when places like Play appeared, so I'm not totally surprised. They always appear HUGELY overstaffed whenever I visit them, and prices are still a joke.

I'm in the process of importing all my CD's to iTunes (Finally) and many still have HMV stickers on. I've found several at the £16-17 mark from the early 2000's. This has been a long, long time coming.
 
About time to be honest, if you can't price competitively then why trade at all.

I know there are some mugs who pay top dollar without researching for a better price, and it's kept them going this far, but in this day and age everyone loves paying as little as possible.
 
I still don't see the death of the high street.

If lets say loads of shops close, the people who own the buildings freehold wont be making any money, therefore they'd decrease their rent charges and more business will occupy the space.
 
I can remember many a fine Saturday morning nipping in to buy DVD's and CD's from HMV years ago.

Prices never got sorted when places like Play appeared, so I'm not totally surprised. They always appear HUGELY overstaffed whenever I visit them, and prices are still a joke.

It was the place to buy music/films but my loyalty changed as soon as I discover Play and then never looked back. It’s surprising how they didn’t react to the market change but then with so many shops and staff they just got left behind.
 
In high street the older retailers have been replaced by mobile phone companies, pound shops and pawnbrokers. I don't see that as progress.
 
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