HMV Saviour Confirmed as HMV Canada's Owner Swoops In

By Sam Gibbs on at

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]

Image credit: HMV from Shutterstock