First wave of store closures at HMV announced
DELOITTE, administrator of troubled high street chain HMV, has announced 930 job cuts at 66 stores which will close over the next two months.
Among the sites affected are shops at: Ashton-under-Lyne; Birkenhead; Blackburn; Speke Park; St Helens; Rochdale, Warrington and Wigan.
These are the first shop-floor redundancies, although 190 jobs have already been lost at head office.
Nick Edwards, Joint Administrator, commented: “As part of our ongoing review of HMV’s financial position, we have now completed a review of the store portfolio and have identified 66 loss making stores for closure.
“This step has been taken in order to enhance the prospects of securing the business’ future as a going concern.
A further 3,000 jobs are at risk at the group which went into administration last month after a long survival battle.
