“HMV has started the first phase of its store closure programme, closing nine stores on Sunday.
The company announced at the start of January that it was close to 40 HMV stores as well as 20 Waterstone’s outlets in the UK as it looked to cut costs in the wake of disappointing Christmas trading figures.
The first wave of closure took place yesterday (Sunday) and consists largely of smaller secondary outlets in locations where the company has larger stores. Shops in Birmingham, Brighton, Croydon, Ealing, Glasgow, Liverpool, Nottingham, Oldham and Plymouth all closed.
One more closure is expected before the end of the week, with the 40 closures to be completed by the end of the year…” (READ MORE)