HMV to open new stores to celebrate centenary
In 2019, a struggling HMV had to close twenty seven stores. Only two years later and a rescue deal later, HMV are going to celebrate their centenary by opening ten new stores.
New owner Dough Putnam told I that he wants the old flagship Oxford Street store back, but that conversations with the landlord were still just in progress, but there are nearby places to rent.
As to what they’ll sell, the rise in sales of board games, vinyl records and the ever present merchandise staple of t-shirts are cited as things that could fill the gap left by decline CD and DVD sales.
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