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Administrator Deloitte confirms 66 HMV store closures

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  • Administrator Deloitte confirms 66 HMV store closures

    Update: Deloitte has announced that it has laid off 60 staff across HMV's head office network at Eastcastle Street (London), Marlow and Solihull.
    "Following our announcement of the closure of 66 stores yesterday, it has been necessary to consider the head office support required for the reduced store portfolio. As a result of this review, a number of redundancies at the head office have been made. This has been a difficult decision, but a necessary one in restructuring the business," commented Nick Edwards, one of the administrators.
    MCV reports that the lay-offs have hit the games-buying team hard. Four of the six buyers are now gone, including games boss Andy Pinder who joined HMV mere months ago after a long career at GAME.
    Read more…


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