HMV administration: Suffolk and north Essex stores escape latest round of closures
- Credit: PA
HMV stores in Suffolk and north Essex have escaped the latest round of closures by the group’s administrators.
Joint administrators from Deloitte today confirmed a further 37 of the collapsed high street music chain’s stores, employing 464 staff, have been identified for closure.
No fixed date is set for the closures which will continue to trade in the meantime, but they are expected to take place over the next four to six weeks in parallel with the 66 stores that are already subject to a closure programme. HMV currently operates from 219 stores in the UK.
Joint administrator Nick Edwards 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.”
You may also want to watch:
Nick Edwards, Rob Harding and Neville Kahn were appointed Joint Administrators of HMV on 15 January 2013.
The additional 37 stores identified for closure are: Ashford, Basildon, Bolton, Cheltenham, East Kilbride, Enfield, Folkestone, Glasgow Argyle, Gloucester, Grimsby, Hatfield Galleria, Heathrow T5 Departure Level, Heathrow Terminal 1, Heathrow Terminal 3, Heathrow Terminal 4, Hemel Hempstead, High Wycombe, Isle of Wight, Lancaster, Leadenhall, Mansfield, Middlesbrough, Newbury, Newcastle Silverlink, Newport, Nuneaton, Redditch, Salisbury, Scarborough, Southport, Stafford, Staines, Stockport, Swindon, Taunton, Torquay, Woking.
- 1 Ipswich Town face fight to keep young midfielder Gibbs with rivals Norwich among interested clubs
- 2 Inside quirky off-grid houseboat with stunning river views - yours for £500k
- 3 Ipswich Town transfer rumour: Portsmouth 'fend off' Blues to agree Stockley deal
- 4 Woman seriously injured in accident on major Ipswich road
- 5 'Spooky' bushes full of caterpillars spotted near Suffolk roads
- 6 If your surname is on this list you could be sitting on a fortune
- 7 Ipswich Town transfer rumour: Blues 'consider £350k bid' for keeper
- 8 'Absolutely the right manager for this football club' - Ashton backs Cook to turn Town around
- 9 Cyclist hurt in crash with car
- 10 First look at £10m Sudbury garden centre revamp
The 66 stores identified for closure, as announced on February 7, are: Ashton-under-Lyne, Ballymena, Barnsley, Bayswater, Belfast Boucher Road, Belfast Forestside, Bexleyheath, Birkenhead, Birmingham Fort, Blackburn, Boston, Bournemouth Castlepoint, Bracknell, Burton-upon-Trent, Camberley, Chesterfield, Coleraine, Craigavon, Croydon Centrale, Derry, Dumfries, Durham, Edinburgh Fort, Edinburgh Gyle Centre, Edinburgh Ocean, Edinburgh Princes Street, Edinburgh St James, Falkirk, Fulham, Glasgow – Fort, Glasgow – Silverburn, Glasgow Braehead, Huddersfield, Kirkcaldy, Leamington Spa, Leeds White Rose, Lisburn, Loughborough, Luton, Manchester 90, Moorgate, Newry, Newtonabbey, Orpington, Rochdale, Scunthorpe, South Shields, Speke Park, St Albans, St Helens, Stockton-on-Tees, Tamworth, Teesside, Telford, Trocadero, Wakefield, Walsall, Walton-on-Thames, Wandsworth, Warrington, Watford, Wellingborough, Wigan, Wood Green, Workington, Wrexham.