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UK - London - HMV store goes into administration

London 15/1/13: HMV the music and film retailer has been placed into administration after disappointing Christmas sales. The Oxford Street brand which employs approx 7,000 workers is Britain's biggest seller of CDs and DVDs and their shop in central London remains open while the brand's sale can be organised by Deloite, becoming the U.K. retail industry's second high-profile casualty in the space of a week.

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hmv stores store shop retailer retail street name brand logo buyers shopping administration economy closure closing recession downturn people consumerism consumers shoppers spending spend credit sale deloitte Europe EU UK British Britain English England london & an a at of for with and in or end financial finance business corporate stock assets
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London 15/1/13: HMV the music and film retailer has been placed into administration after disappointing Christmas sales. The Oxford Street brand which employs approx 7,000 workers is Britain's biggest seller of CDs and DVDs and their shop in central London remains open while the brand's sale can be organised by Deloite, becoming the U.K. retail industry's second high-profile casualty in the space of a week.
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