HMV is closing a few more stores, in the aftermath of its Christmas trading.
Twelve months ago, it all looked rather grim for HMV. The chain was facing extinction, until it was snapped up late in the day by Canadian Doug Putman. Under his stewardship, many store closures were reversed, and Europe’s largest entertainment store – HMV Vault in Birmingham – was opened last autumn.
But it’s still testing times on the High Street, and the chain has kicked off 2020 with the news of further closures.
The stores affected are:
Birmingham Bull Ring
Bury St Edmonds
Grimsby (although may yet remain open if landlord talks progress positively)
But: the Birmingham closure is because of the opening of HMV Vault, whilst the Plymouth store is moving elsewhere in the area.
The closures are primarily down to HMV being unable to renegotiate rents with landlords, and as such, all of the stores listed are expected to have closed their doors by the end of this month.
HMV still has plans to open more stores in 2020, including a fresh London site. Furthermore details on those plans in due course, we presume. Thanks to Mark Pledger for alerting us to the closures.
Lead image: BigStock
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