hmv is finally going into administration:
http://www.digitalspy.co.uk/music/news/a450998/hmv-to-go-into-administration-tomorrow.html
i hardly find it surprising, considering the ridiculous prices they charge for most things. you can usually find at most five or six decent offers, while everything else is ridiculously overpriced and then some. plus they never made the switch over to compete with the digital download market until a couple of years ago, when it was far too late.
i thought when virgin/zavvi closed a few years ago, it would only be good news for hmv since there's nowhere else to go to buy films and music brand new in the uk other than independent retailers, discounting supermarkets of course. i do wonder if it will leave a big enough gap in the market for another chain to take their place. i know zavvi still operate online, so it may lead them back into high street retail.
http://www.digitalspy.co.uk/music/news/a450998/hmv-to-go-into-administration-tomorrow.html
i hardly find it surprising, considering the ridiculous prices they charge for most things. you can usually find at most five or six decent offers, while everything else is ridiculously overpriced and then some. plus they never made the switch over to compete with the digital download market until a couple of years ago, when it was far too late.
i thought when virgin/zavvi closed a few years ago, it would only be good news for hmv since there's nowhere else to go to buy films and music brand new in the uk other than independent retailers, discounting supermarkets of course. i do wonder if it will leave a big enough gap in the market for another chain to take their place. i know zavvi still operate online, so it may lead them back into high street retail.