HMV has confirmed that gift cards can still be redeemed in stores from Tuesday, January 22.
The retailer’s administrators Deloitte suspended the use of gift vouchers and store credit after it went bust on Monday, January 14. However, Deloitte have now said that they will be accepting the vouchers until further notice.
Additionally, proceeds raised by HMV through the sale of charity releases (including the Hillsborough Justice Collective single) will be paid in full as soon as possible.
Nick Edwards, Joint Administrator, commented: “Since our appointment as Joint Administrators on Tuesday afternoon, we have been urgently assessing the Companies’ financial position. I am pleased to confirm that, having concluded this assessment, we are able to honour gift cards.
“I can also confirm that all money raised by HMV for various charities will be paid in full. We recognise that both of these matters have caused concern for individuals and organisations affected and are pleased to have reached a positive outcome.
“We will continue to assess the longer term options for the business whilst continuing to trade. I am hopeful this process will result in the business continuing as a going concern.”