Administrators call the tune for Scunthorpe HMV store
THE future of the Scunthorpe HMV store is officially in the hands of administrators Deloitte, now that they have been fully appointed.
HMV, which is headquartered in London, operates out of 223 stores in high streets and shopping centres across the UK, and has 4,123 employees.
Staff at the Scunthorpe store, located in The Parishes, remain unsure of their future, with no news on whether the branch will remain open.
Until such a time it is understood that the store will continue trading.
Business Cards From Only £10.95 Delivered www.myprint-247.co.ukView details
Contact: 01858 468192
Valid until: Sunday, May 26 2013
Nick Edwards, joint administrator and restructuring services partner at Deloitte, said: “HMV is an iconic retailer and continues to be a very popular brand, but as we have seen with many high street retailers, the market is changing rapidly and conditions are currently very tough.
“Following our appointment, we are working closely with management and staff to stabilise the business in order to continue trading whilst actively seeking a purchaser for the business and assets. We appreciate the co-operation and support from the staff, customers, suppliers and landlords at what is clearly a difficult time.”