Another 37 HMV stores are to close, bringing the grand total to 103
HMV will be left with 116 stores in the UK.
Updated on
HMV administrator Deloitte has announced that another 37 HMV stores will close. 464 staff will lose their jobs as a result.
Deloitte expects the stores to close in the next four to six weeks.
Those 37 black-marked stores join the 66 announced for closure earlier this month, which brings the total to 103.
HMV had 219 stores when administration began but will be left with 116 once restructuring is complete.
"This step has been taken in order to enhance the prospects of the restructured business continuing as a going concern," commented administrator Nick Edwards.
Deloitte has also closed 16 HMV stores in Ireland, laying off 300 staff.
