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HMV gone bust

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The Doc
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United Kingdom
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Posted - 2013/01/14 :  21:04:43  Show profile Send a private message
Perhaps thats why CDJay is waiting to release his new stuff. Its a shame as I do like to look in HMV now and again, used to love it when it had loads if hardcore CD's a few years ago.

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_Jay_
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Posted - 2013/01/14 :  21:30:04  Show profile  Send a private message  Visit _Jay_'s homepage
Reeeeally. Interesting. Got a link to the full story?

Same as well matey - used to go into the one at Moorgate (London) every morning on the way to work!


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The Doc
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Posted - 2013/01/14 :  22:04:12  Show profile  Send a private message  Visit The Doc's homepage
quote:
Originally posted by _Jay_:
Reeeeally. Interesting. Got a link to the full story?

Same as well matey - used to go into the one at Moorgate (London) every morning on the way to work!



http://www.ft.com/cms/s/0/c4096aee-5e82-11e2-a771-00144feab49a.html#axzz2HzBhQuAb

I always bought on-line from HMV a few years ago as they we really good prices, havn't bought from them last couple of years as they made the prices the same as in the stores (in other words very expensive)


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_Jay_
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Posted - 2013/01/14 :  22:23:41  Show profile  Send a private message  Visit _Jay_'s homepage
Almost 4,500 jobs. Sheesh. Poor chaps.



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Kebab Head
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Wallis And Futuna Islands
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Posted - 2013/01/14 :  22:42:02  Show profile  Send a private message  Visit Kebab Head's homepage
Will all their stock go dirt cheap now?



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jenks
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Posted - 2013/01/14 :  23:49:08  Show profile  Send a private message  Visit jenks's homepage
Not surprising really when you think about it. Why go into town for a DVD or CD when you can just order one online that's almost invariably cheaper? The highstreet in general is probably in trouble, what with online shopping becoming more and more popular.

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latininxtc
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Posted - 2013/01/15 :  03:53:44  Show profile  Send a private message  Visit latininxtc's homepage
I always found HMV a bit steeper than other options. Juno still has great prices, especially very fair international shipping prices. Zavvi also had a great deal on Darwin & Fracus' second artist album, although that was the one and only HU album I think they ever carried.

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Audio Warfare
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Posted - 2013/01/15 :  08:51:14  Show profile  Send a private message  Visit Audio Warfare's homepage
quote:
Originally posted by _Jay_:
Almost 4,500 jobs. Sheesh. Poor chaps.





This is a shame.

Not that sad to see the store itself go though. One local to me is terrible. No Dance section anymore, not even a Reggae section. What they do have is in with "Chart and Pop", What the hell!? Everything was overpriced too. Shame because I'd always make the point to go into a store when out shopping where I can instead of ordering online.


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wong
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Posted - 2013/01/15 :  10:08:29  Show profile  Send a private message  Visit wong's homepage
i used to love goin in to the one in derby when i used to skive off school. used to find some sh*t hot hardcore cd's that i didnt even know existed . shame

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Triquatra
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Posted - 2013/01/15 :  10:39:55  Show profile  Send a private message  Visit Triquatra's homepage
How could they hope to compete when "That's Entertainment" in preston is the same size as one of their "large" stores...and sells all their CD compilation in practically perfect condition at 6 for 5GBP....seriously! Their dance music section is massive as well, takes up a whole wall of the store :D
they had practically all the "In The Mix.." cds, almost completed my collection for less than a fiver, haha!

can't wait for our next trip down south!

If anything hopefully this will be good for independent retailers; return of the record stores? yes please!


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Edited by - Triquatra on 2013/01/15 10:41:00
_Jay_
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Posted - 2013/01/15 :  10:54:34  Show profile  Send a private message  Visit _Jay_'s homepage
quote:
Originally posted by Kebab Head:
Will all their stock go dirt cheap now?



That's what I was thinking/hoping.


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Triquatra
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Posted - 2013/01/15 :  11:00:33  Show profile  Send a private message  Visit Triquatra's homepage
quote:
Originally posted by _Jay_:
quote:
Originally posted by Kebab Head:
Will all their stock go dirt cheap now?



That's what I was thinking/hoping.



Administrators job is to squeeze as much money out of the company as possible before either selling it or killing it; generally the sales tend to (sadly) be no different than what what was there before - I'm willing to bet that either they sell the company to zoverstocks/estocks (Music Magpie) or they don't find a buyer........and end up selling all of their stock at a massively discounted rate to.....Music Magpie (Zoverstocks/estocks).

(having now had the pleasure of sit through two companys go into administration, the first one being a retailer).


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Edited by - Triquatra on 2013/01/15 11:14:49
Samination
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Posted - 2013/01/15 :  13:59:00  Show profile  Send a private message  Visit Samination's homepage
what else can I browse now that I got to london for HU vs E?

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Triquatra
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Posted - 2013/01/15 :  14:02:09  Show profile  Send a private message  Visit Triquatra's homepage
http://www.thatsentertainment.co.uk/store_information.asp

(ignore their online prices...its instore where it counts, practically everything is 1.


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Edited by - Triquatra on 2013/01/15 14:03:00
Lilley
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Posted - 2013/01/15 :  14:17:42  Show profile  Send a private message  Visit Lilley's homepage
Word is that the economy situation over there is simply dire.

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whispering
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Posted - 2013/01/15 :  15:25:15  Show profile  Send a private message  Visit whispering's homepage
quote:
Originally posted by _Jay_:
quote:
Originally posted by Kebab Head:
Will all their stock go dirt cheap now?



That's what I was thinking/hoping.



Usually they have contract that they can return the stock. To remove the risk from stores, so they can stock stuff they otherwise wouldn't.

Funny how everyone says they used them a lot, and next minute say they haven't in few years. No wonder their out of business.

Didn't Play.com also close up just now? Amazon is seriously hammering the competition out. And TBH, i'm not complaining.


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Edited by - whispering on 2013/01/15 15:25:58



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