KING’S LYNN: HMV store survives round of shop closures
Lynn’s HMV store has survived a round of shop closures.
Administrators, Deliotte, have announced that 66 of the 230 HMV stores will be closing.
The move affects 930 staff in England, Scotland and Northern Ireland.
No date has been fixed for the closure of these stores.
Administrators were called into the chain on January 15.
Joint administrator Nick Edwards said: “As part of our ongoing review of HMV’s financial position, we have now completed a review of the store portfolio and have identified 66 loss making stores for closure.
“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.”
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Weather for King's Lynn
Friday 24 May 2013
Temperature: 5 C to 10 C
Wind Speed: 24 mph
Wind direction: East
Temperature: 5 C to 14 C
Wind Speed: 18 mph
Wind direction: North