More misery at HMV despite Elton John's rescue attempt
Wednesday 20 February 2013
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EmailAdministrators announced today that 37 more HMV shops are set to close with the loss of 464 jobs, just a day after pop star Elton John offered to try to throw a lifeline by performing an in-store gig.
Deloitte said that the stores would close over the next four to six weeks and would probably lead to all affected staff being made redundant, although it would try to relocate workers where possible.
The decision will cut the number of HMV stores to around 120.
Earlier this month Deloitte said that 66 stores would close with around 1,000 staff being affecting.
And on Tuesday there were reports that Elton John had offered to play an in-store gig in a bid to save Britain's last major music retailer on the high street.
The pop star is signed to music company Universal UK, which said he had suggested getting some big-name artists doing gigs in HMV stores.
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