Good News From HMV U.K

HMV UK was purchased by Hilco for 50 million pounds so it appears the 140 store chain will remain operational.

No news on when or if they will reinstate their online store but I think they will probably want to get back into digital sales soon.

HMV UK was where I purchased most of my CD singles and European music video compilations back in the day.

Retail News – Future Shop/Best Buy/HMV U.K

Eight Future Shop and seven Best Buy stores are set to close though-out Canada as the company restructures their retail operations.

According to a January 31st, 2013 press release smaller retail operations will replace these stores :

Best Buy stores in Queensborough, Nanaimo, Victoria, Langford (Westshore Town Centre), and South Surrey, British Columbia; and Lachenaie, and Sherbrooke (SmartCentres Sherbrooke), Quebec.

Future Shop stores in West Kelowna, British Columbia; Montreal (Forum Entertainment Center), Laval (First Pro Ste-Dorothee), Quebec; Regent, Manitoba; Macleod, Calgary; as well as Ancaster, Barrie South and Erin Mills, Ontario.

Best Buy Mobile locations will expand whilst smaller Future Shop “web stores”.

On the other side of the pond, HMV U.K is also restructuring and is not currently taking online orders via their site.

Sixteen stores have been closed in Ireland and half of the 223 U.K stores are expected to close shortly.