HMV to close 60 stores across the UK

Date: 2011 January 05 13:12

Posted by Joe

UK readers might be disappointed or unsurprised to hear that HMV will be closing 60 of their stores across the country as their sales and shares slump as reported by BBC News, The Guardian and other news sources. HMV have been scaling back recently closing their flagship Shibuya store in Tokyo in 2010.

Early estimates suggest that they will close 40 HMV stores, and 20 Waterstones stores across the country.

Anime fans may be interested to know that HMV account for 30% of Manga Entertainment UK's business.