Redditch HMV saved from closure

By Harriet Ernstsons Thursday 07 February 2013 Updated: 07/02 14:08

THE REDDITCH branch of HMV has avoided an initial wave of store closures by administrators.

Deloitte LLP announced yesterday (Thursday) they would be shutting 66 shops making a loss in a bid to keep the company going, but the Kingfisher Centre store was not on the list.

Joint administrator Nick Edwards 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. All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business."

Share This

Popular »

1 Damaged powerlines leaves passengers stranded

2 Social club break-ins could be linked

3 Attempt to force finance chief out

4 Victims to choose criminals' punishment

5 Mental health pledge backed by council

More news »

Valentine's Day tree-ts

LOVERS can get fruity this Valentine's Day with

Gritters out ahead of predicted snow

GRITTERS are set to be out and about

Redditch Police Station cells to close

THE CELLS at Redditch Police Station are set

Councillor retires after 40 years

ONE OF Alcester's long serving councillors has retired

Regional news »


Bromsgrove Standard
Woman slams vandals who trashed her mum's Bromsgrove grave

A WOMAN has hit out at thieves who smashed two ...

Worcester Observer

Visit the Worcester Observer website for the latest.

Stratford Observer
Gang jailed for Stratford district burglary

AS a gang of burglars burst into his girlfriend’s home, ...

Evesham Observer
Tribute paid to 'kind' Lynda

ORGANISERS of the Badsey Flower Show have paid tribute to ...