Telford’s HMV store on closure list
Telford’s HMV store is one of 66 that will close over the next two months administrators today revealed.
Deloitte said no fixed date had been set for the store closures, which would continue to trade for the time being. The affected stores employ 930 staff in total.
Nick Edwards, one of the administrators said:
"As part of our ongoing review of HMV's financial position, we have now completed a review of the store portfolio and have identified 66 loss making stores for closure.
"This step has been taken in order to enhance the prospects of securing the business' future as a going concern.
"We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period. All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business."
Last week, it was confirmed that around 190 jobs had been shed across HMV's head office and distribution network following the company entering administration in January.
Shrewsbury’s HMV store located in the Pride Hill Shopping Centre was not on the closure list.
