HMV has warned of possible job losses as it fights to keep open stores across the country in the face of high rents and business rates. Three HMV stores are closing this month, the music retailer confirmed, while a further 10 stores could be axed if new deals with landlords are not secured. Closing down signs have been put up in many of the stores, which are also holding “everything must go” sales. In a statement, HMV said the stores were no longer viable due to “extortionate” business rates in certain locations. ali (@luv4ksj) MY LOCAL HMV IS CLOSING I REPEAT THE HMV IN MEADOWHALL IS CLOSING THIS IS DISGUSTINGIn October Putman opened the Vault, which is the biggest music and movies outlet in Europe.

Source: The Guardian January 04, 2020 16:41 UTC