Looks like all 140 remaining HMV stores will stay open thanks to Hilco UK (beating out ASDA), which bought out HMV's debt, and previously managed to turn around HMV in Canada. 2,500 staff will keep their jobs, and even some stores originally set to close have been taken off the chopping block. That brings the total closed to 90 stores, far less than originally feared. [Sky via MCV] Read More >>

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 >>

HMV seems to be going from bad to worse, shutting more and more shops. Deloitte has announced another 37 are getting axed in the next four to six weeks, including HMV's Heathrow outlets. Still, you might be able to grab a bargain here and there. Read More >>

HMV's future is still in some jeopardy, although Sir Elton John is riding in to the rescue, with big talk about instore performances that are more likely to cause riots than retail recoveries. Read More >>

HMV's top dog, Trevor Moore, has been made redundant along with 60 more job losses across the troubled firm's head office network. Meanwhile, the 66 stores marked for destruction are preparing for closure, as HMV's everything-must-go fire sale kicks into life. Read 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 >>

I'm not sure if this is good news or bad news for the poor staff of the now defunct Jessops, but Peter Jones, he of Dragons' Den fame, has bought the brand in conjunction with a couple of other investors. According to the Telegraph, it's likely Jessops will become an internet-only retailer, ditching stores and therefore staff. 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 >>

So there's good news and bad news. The good news: as suspected, Hilco, the proud new owners of HMV, won't be shutting the company down. The bad? Well, only half the stores are being saved, which, according to my highly complicated business analysis, means the other half of the stores are going to get shut down. Read More >>

On Christmas Eve 2008, I found out I would be losing my job. There is no day of the year to find out something like that, but it seems that Christmas Eve is a particularly bad one. I remember it very clearly, even down to what I was wearing. I was packing to go home over Christmas and I got a text off my friend Susie, telling me that the shop we both worked in had been taken over by administrators. And just like that, I knew my job would be gone. Read 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 >>

Looks like the High Street can breathe a tiny sigh of relief -- HMV, everyone's favourite beleagured CD seller, is getting rescued by the owners of HMV Canada, Hilco. Read 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 >>

Are you one of the many poor unfortunates who got an HMV gift card for Christmas? If it was bought from Tesco or Asda, you're in luck -- the two mammoth chains will accept 'em in-store. To the supermarkets! Read More >>

I bet HMV are pretty desperate to be bought out by someone by this point -- but do you reckon it would be crazy/desperate enough to accept this offer from GAME's CEO? Read More >>