66 HMV stores are set to close over the next two months across the UK, 45 of which are based in England. The move, which is meant to secure the future of the collapsed music and DVD retailer, is said to affect 930 staff. The store closures news comes in addition to the 190 job cuts that have taken effect at HMV’s head office and distribution network. Hilco had earlier stated that it would close half of 223 of HMV stores in a turnaround strategy.
The HMV stores in England earmarked for closure are Ashton-under-Lyne, Barnsley, Bayswater, Bexleyheath, Birkenhead, Birmingham Fort, Blackburn, Boston, Bournemouth Castlepoint, Bracknell, Burton-upon-Trent, Camberley, Chesterfield, Croydon Centrale, Durham, Fulham, Huddersfield, Leamington Spa, Leeds White Rose, Loughborough, Luton, Manchester 90, Moorgate, Orpington, Rochdale, Scunthorpe, South Shields, Speke Park, St Albans, St Helens, Stockton-on-Tees, Tamworth, Teesside, Telford, Trocadero, Wakefield, Walsall, Walton-on-Thames, Wandsworth, Warrington, Watford, Wellingborough, Wigan, Wood Green, Workington.
In Scotland, HMV stores operating in Dumfries, Edinburgh Fort, Edinburgh Gyle Centre, Edinburgh Ocean, Edinburgh Princes Street, Edinburgh St James, Falkirk, Glasgow – Fort, Glasgow – Silverburn, Glasgow Braehead, Kirkcaldy, will be closed down.
While Northern Ireland will see closure of HMV stores in Ballymena, Belfast Boucher Road, Belfast Forestside, Coleraine, Craigavon, Derry, Lisburn, Newry, Newtownabbey; Wrexham store in Wales is also on the hit list.
Deloitte, the administrators of HMV which collapsed in January, said that no fixed date has been set for the store closures and they would continue to trade until closure is made effective. Deloitte is in talks with Hilco, the restructuring firm which bought HMV’s debts. Hilco, which already owns HMV Canada, has bought HMV’s debt from its lenders, a move that could pave the way to taking full control of the company.