Music and movie store HMV announced that they will be closing 66 out of their 220 UK stores, not including the HMV store in Scarborough.
Last month, HMV went into administration due to intense pressure from rival companies such as online stores. But after being bought out by Hilco who already own the HMV Canada.
The closure of the 66 stores will see 930 people losing their jobs over the next couple of months.
Administrator Nick Edwards said the shops had been identified as part of an ongoing review of the company’s financial position and the group still hoped to secure a future for the restructured business.
He said: “This step has been taken in order to enhance the prospects of securing the business’ future as a going concern.
“We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period.”
For the full list of HMV stores that are set for closure, follow this link for more details. http://www.guardian.co.uk/business/table/2013/feb/07/hmv-stores-closed-full-list
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