HMV about to go into administration again

Discussion in 'Moopy Moop' started by Sheena, Dec 28, 2018.

  1. octophone

    octophone a wonderful wooden reason

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    Saw this earlier - really thrilled for them. Can't go in tomorrow but will likely shuffle in on Sunday.

    Local site Glasgow Live actually quoted and embedded my tweet on the subject so I like to think I've helped a little. They didn't embed Bell and Sebastian's tweet, that's all I'm saying.
     
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  2. octophone

    octophone a wonderful wooden reason

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    The landlord is probably noticing how many stores in the area are closing, reopening as something else and then closing again. Also, there's a restaurant in the upstairs unit which limits what can be done.
     
  3. lolly

    lolly Rowena? From Kuwait?

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    Just walked past the Fopp here for the first time since its closure. Slightly surprised to see that the shelves haven't been cleared, and there is no pile of post stacked behind the door - it just looks as if it had closed for the day.

    Is it too much to hope there may be a way out of this, like Byres Road?
     
  4. lolly

    lolly Rowena? From Kuwait?

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    Apparently HMV Bath reopened yesterday...
     
  5. Slave

    Slave User

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    Rent renegotiation apparently.

    Sensible decision - a premises that size would have been very hard to fill. Especially now that the main shopping area is further down the road.
     
  6. lolly

    lolly Rowena? From Kuwait?

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    That makes me hopeful for Fopp Bristol. That's a pretty large store and a similar sized one a few doors down was empty for well over a year until very recently.

    The fact that the stock is clearly all still on the shelves and hasn't been redistributed already makes me think they are at least trying to save it.
     
    Last edited: Feb 14, 2019
  7. octophone

    octophone a wonderful wooden reason

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    It is looking like a few of the closures may have involved a little brinkmanship. Rough for the staff.
     
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  8. FetchFugly

    FetchFugly closing in again

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  9. Sheena

    Sheena MAKE IT QUICK, LUCILLE!

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    I wonder if the plan is to open any of the stores they closed due to high rents before the administration? (Eventually- it would be stupid to do so off the bat). The main Portsmouth and Southampton branches were both profitable, I believe, but scuppered by high rents- certainly the former has no one in the site currently, I can't imagine Southampton has either...
     
  10. octophone

    octophone a wonderful wooden reason

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    I dare say they'd look at the existing profile before looking at any re-openings but who knows?
     
  11. lolly

    lolly Rowena? From Kuwait?

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    HMV Reading reopened today
     
  12. octophone

    octophone a wonderful wooden reason

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    How many re-openings is that now? They closed 27, didn't they? That's 4 if I've followed this thread properly.
     
  13. lolly

    lolly Rowena? From Kuwait?

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    Apparently it's six - Fopp Byres Road Glasgow, HMV Braehead Glasgow, HMV Bath, HMV Meadowhall, HMV Bluewater and now HMV Reading.
     
  14. Kalabaliken

    Kalabaliken Judging you in Google Translate

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    Braehead is in an intu shopping centre who were struggling financially so I guess they got a discount on the rent or something. So that leaves 21 stores, I guess more are likely to reopen.
     

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