4,500 jobs at risk at HMV as it calls in administrators after rescue talks fail
Simon Bowers and Jill TreanorFor HMV, Britain's last major high street DVD and CD chain, the music is about to stop. Nipper, the mascot dog who has looked quizzically down the gramophone trumpet in store windows for more than 90 years, will no longer hear His Master's Voice.
The company that opened its first shop on Oxford Street in 1921 is expected to call in administrators from Deloitte today as the 250-strong chain becomes the latest casualty in the battle between online and traditional shops, bringing uncertainty for a workforce of more than 4,500 at 240 HMV stores and nine Fopp outlets.
The failure of the only surviving national music store follows the disappearance from the high street of other similar retailers such as Our Price, Virgin Megastores and Tower Records, along with other established high street names in recent times – Woolworths, Comet, JJB Sports and most recently Jessops.
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"4,500 jobs at risk at HMV as it calls in administrators after rescue talks fail", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), janvier 2013. Consulté le 23/09/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/4-500-jobs-at-risk-at-hmv-as-it-calls-in-administrators-after-rescue-talks-fail