HMV Plc have today announced that the company has been bought by the Hilco corporation and that all remaining open stores from after the chain entered administration will now stay on the high street. This is great news for entertainment fans indeed, what with most chains that enter administration nowadays usually facing a company-wide shutdown. Better yet, analysts have revealed that this saves over 2,500 jobs that would otherwise have been thrown into jeaporady. We'll keep you posted on all the latest developments for high street entertainment stores- but most of all, welcome back HMV!
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Friday, 5 April 2013
HMV Hilco Buyout Confirmed
HMV Plc have today announced that the company has been bought by the Hilco corporation and that all remaining open stores from after the chain entered administration will now stay on the high street. This is great news for entertainment fans indeed, what with most chains that enter administration nowadays usually facing a company-wide shutdown. Better yet, analysts have revealed that this saves over 2,500 jobs that would otherwise have been thrown into jeaporady. We'll keep you posted on all the latest developments for high street entertainment stores- but most of all, welcome back HMV!
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