Issue 2011 March 22nd

This issue was created on 2011-03-22 10:01:00

  • HMV pledges multi-platform strategy for recoveryMarch 22, 2011
Embattled UK entertainment retailer HMV has dismissed the possibility of further store closures via a company voluntary arrangement, saying that it was “not an option” and has pledged to grow the business. HMV admitted that speculation of the retailer’s “premature death” is destabilising and vowed that the music and DVD chain will survive as it goes into crucial bank talks this week.
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