Green-topped supermarket chain ASDA may be about to salvage pink-topped physical media dinosaur HMV, with the retail giant said to be offering to buy the remaining HMV stores from the administrator -- and keep some of them going. Read More >>
Featured comment by zakida:
"Whatever the Internet will be in 60 years?
Probably a censored, heavily monitored shell of it's former self if governments and corporations get the..." More »
Hilco might have bought out HMV's debt, giving it effective control over Deloitte's administration of the troubled chain, but that doesn't mean everything is hunky dory right now. HMV's just announced 66 stores will close with the loss of 930 jobs. Ouch. Read More >>
Sounds like quite a lot of people are having a really crappy time over at HMV. However, management obviously didn't think about the corporate Twitter stream. Mass execution? Live twitter coverage of firings? Nasty stuff. Read More >>
Featured comment by mysticusa:
"@Eddy: Possibly harsh reality, but still principle is a principle mate, if one level management is deaf ears, feedback to one higher anonymously maybe..." More »
Staggering news has emerged from the debris of the HMV collapse, with sources claiming that the music chain's financial saviour could also be considering a bid for part of dead camera chain Jessops -- and might install Jessops booths inside HMV branches for the ultimate in retro retail experiences. Read More >>
Featured comment by RobBoler:
"With all these businesses that have gone into administration, there's one question that can determine if it's inevitable or not: 'If this business did..." More »
One of the worst things about HMV going bust is that a whole bunch of poor, innocent people who got HMV vouchers for Christmas now find themselves out of pocket. If you're one of the sad unfortunates, don't throw away your gift voucher in frustration quite yet; you may well be able to spend your hard-won pressie after all. Read More >>
Featured comment by kelvinmaed:
"Even Nightclubs!
Syndicate Bristol
Have you got #HMV vouchers?
Well at Syndicate Bristol we will honor these vouchers, giving you 50% of their v..." More »
Featured comment by The_Alpha_Gamer:
"I'm hoping my Blockbuster's goes just so we get a new shop in town.
Between people having the internet so they can easily get any film they want wi..." More »
The High Street as we know it is being brutally and violently gutted by a big bully called Administration. Household names are toppling like badly placed dominoes; what's to blame -- the recession, the internet, or all of us just being scrooges? Read More >>
Featured comment by Godfrapp:
"I think this is really sad. There's a Blockbuster not too far from my house, and I've been going there since I was little. The staff are always lovely..." More »
There won't be any administration misery on the horizon for the Dixons group of tech shops, thanks to the electronics giant reporting a "strong performance" over the critical Christmas cash grab, aided by huge sales of tablets across its Currys and PC World stores. Read More >>
Featured comment by Jammin500:
"Well yer, they took one of their best known brands and made it an online only business about 6 years ago.. only late last year did they fully merge th..." More »
A Tory MP and legal expert has accused HMV of literally stealing money from customers over the past few weeks, claiming that management's decision to continue selling gift vouchers while the chain teetered on the brink was tantamount to "obtaining property by deception." Read More >>
Featured comment by mysticusa:
"http://www.gizmodo.co.uk/2013/01/tesco-and-asda-will-refund-hmv-gift-cards/
now this is good pr and how it should have been in the first place!" More »
The poor UK High Street is taking a right battering at the moment. First Comet, then Jessops, then HMV, and now Blockbuster has hurtled into administration. Deloitte's handling this one, along with HMV, and it seems the plan is to keep at least some of the 528 stores open. Read More >>
Featured comment by ian1175:
"I know loads of people will bang on about just download movies but I do really like blockbuster.
And the one close to my house is always very busy s..." More »
Featured comment by Ellessar:
"Look, the whole thing is dog-eat-dog.
Like it or not.
I don't get weepy about businesses failing, they're just businesses.
They want my money.
I w..." More »
In a somewhat surprising move, considering the administrators are keeping HMV's stores running, Deloitte have taken the HMV site offline. It looks like sales are limited to stores, but are they simply prepping for a fire-sale site? Read More >>
Last night we heard the sad news that yet another of the UK's big High Street brands was forced into administration. HMV has appointed Deloitte to handle things from now on in, and the temporarily good news is that all 239 stores across the UK and Ireland will stay open, for now. Read More >>
Bad news I'm afraid. After plunging into administration, the high street has lost yet another 187 stores and 1,370 jobs, as Jessops has shut up shop for good. Apparently suppliers cut its lifeline, which meant Jessops had no future, and it seems there won't even be a fire sale to console us either. Read More >>
Featured comment by josh.moulder:
"I'd probably say that most people are pulling their stock just in case, but this just in case approach will cause DSG to go the same way if too many p..." More »
Another well-known British high street chain has been forced into administration. Jessops, the last remaining camera store chain in the UK, has just folded, with PricewaterhouseCoopers now taking charge. If you had any Jessops vouchers or were hoping to return a camera, you're fat out of luck. Read More >>
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