HMV spins closer to the edge
Short of a sales miracle this year, HMV could be spinning towards the end of the retail tracks.
The Christmas period is a critical one for city retailers, none more so than for music and entertainment retailer HMV, given the seasonal period accounts for about 60 per cent of the group's annual sales. Short of a sales miracle this year, HMV could be spinning towards the end of the retail tracks.
A failure to combat and compete with online sales and digital music services has crucified the entertainment retail chain.
After warning that the...
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