Crawley HMV survives second round of store closures
The town centre branch of HMV has survived a second round of store closures.
The music and enterntainment retailer went into adminsitration in January with 67 store closures announced on Febuary 7 and a further 37 announced today (Wednesday Febuary 20).
The closures will leave HMV with 116 stores from an original 219.
Nick Edwards, Joint Administrator at Deloitte, said: “As part of our ongoing review of HMV’s financial position, we have undertaken a further review of the store portfolio and have identified an additional 37 stores for closure. This step has been taken in order to enhance the prospects of the restructured business continuing as a going concern. Together with the previously identified 66 closures, this restructuring will result in a residual portfolio of some 116 stores.
“We are extremely grateful to the staff for their continued strong support and commitment during an understandably difficult period. All other key stakeholders including suppliers and landlords remain supportive and we appreciate their ongoing assistance.”
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Weather for Crawley
Thursday 23 May 2013
Temperature: 4 C to 12 C
Wind Speed: 21 mph
Wind direction: North west
Temperature: 6 C to 11 C
Wind Speed: 18 mph
Wind direction: West