This morning it was announced that the owner of Canadian music retail chain ‘Sunrise records’ has brought HMV. 100 of its stores will stay open with 27 including thier flagship Oxford Street store set for immediate closure, with an estimated 400 job losses.

The nearly 100 year old franchise announced its second fall into administration just after Christmas with many certain it had finally met its end. Read about the immediate reaction here: Goodbye HMV? During administrators KPMG’s attempt to secure a buyer, multiple bids were places including one from Sports Direct owner Mike Ashley, many were relieved he was unsuccessful with his attempt.

It appears new owner Doug Putman and the brand are a match made in heaven, who not long ago brought the lease of 70+ HMV stores in Canada all of which were turned into ‘Sunrise’ stores however, it is confirmed that the UK stores will remain under the HMV branding.

Something that did shock many was their Flagship Oxford street store featuring on the list of closures, the store was home to the majority of HMV in-store events throughout the years, hosting some of the industry’s biggest talent including Sir Paul Mccartney and Elton John amongst many others, even Ed Sheeran popped in and worked behind the till selling copies of his best selling album ‘Divide’

The Full list of store closures below:

  • Ayr

  • Bath

  • Bluewater
  • Bristol, Cribbs
  • Chichester
  • Exeter, Princesshay
  • Fopp, Bristol
  • Fopp, Glasgow Byres
  • Fopp, Manchester
  • Fopp, Oxford
  • Glasgow, Braehead
  • Guernsey
  • Hereford
  • Manchester, Trafford
  • Merry Hill
  • Oxford Street
  • Peterborough, Queensgate
  • Plymouth, Drake Circus
  • Reading
  • Sheffield, Meadowhall
  • Southport
  • Thurrock
  • Tunbridge Wells
  • Uxbridge
  • Watford
  • Westfield
  • Wimbledon

With the promise to stock a wider range of vinyl and audio equipment, undoubtedly Doug Putman is the saving grace the brand needs. Let me know what you think, has your local survived?

 

 

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