POLL: Can Hilco transform HMV into a profitable business in the UK?
The news has just arrived that retail-restructuring group Hilco is to save 140 of HMV’s stores later today in a £50m deal.
Around 2,500 jobs will be saved and HMV outlets, including stores in Edinburgh, Leamington, Nuneaton and Newport, that were originally set to be closed, will now remain in operation.
HMV – which is 92 years old - went bust at the beginning of this year after its debt grew to a reported £347m. Accounts for the six months ...
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