Restructuring specialist Hilco has sealed a deal to rescue DVD and music retailer HMV. Hilco, which already owns HMV Canada, said it had acquired 132 HMV shops and all nine branches of the Fopp chain in a deal that could protect 2,500 jobs. HMV, the... Read More
When a popular high street chain is forced to enter administration, there are always a number of factors administrators must take into account. Any debt accumulated which must be paid off and the number of staff who must be looked after during the process... Read More
Last year was, to put it mildly, rather difficult for retailers on the high street, with popular chains such as GAME, Clinton Cards and JJB Sports all entering administration as a result of reduced consumer spending. Unfortunately, it seems that 2013 may not... Read More
