Tag Archives: Hilco

HMV has had a hard time over the last year, the company went bankrupt and almost closed down completely until Hilco came in and took over the retail chain. Since then, HMV has been working on adjusting to the digital age and it has now done so with the launch …

HMV is going all digital with its relaunch, delivering new Android and iOS apps to allow music purchases, alongside a new website heavily influenced by app culture and using HTML5 to increase functionality across Windows and Blackberry devices. The revamped site isn't quite ready yet – the official launch is …

Unfortunately we all saw this coming. While Hilco swooped in just over a week ago to save HMV from disappearing forever, it was very likely that the unprofitable locations would be shut down and this would inevitably lead to job losses. Now the announcement has been made: Hilco is dumping …

While there will still be closures if the rumours of a Hilco buyout of HMV this afternoon take place, some of the outlets previously earmarked for closure will now be saved, with a final tally of stores kept open expected to be around 140. Update: It's now been confirmed by …

It's thought that with HMV's rental payment looming, someone or some entity is going to swoop in and save it, as a few stores have begun removing “closing down” signs from their windows. The particular outlets that have got rid of the woeful signs, include: Stockport, Manchester Market Street and …

While it was initially thought that HMV Canada owner Hilco was the most likely to buy up HMV, it has so far only purchased the firm's major debt, leaving its future still up in the air. Now though, a new report is suggesting that Walmart owned supermarket, Asda, could be …

One more arm of the high street media retailer HMV has now entered administration. Guernsey may not be the biggest market, but it's another tumbling domino that paints a bleak future for the shop chain. Unfortunately for those that are employed in the Guernsey store, the single outley was used …

HMV has until the end of this month to get some funds together or go under completely. Fortunately it looks like Hilco, the company that bought up HMV's debt back in January, is not putting up the cash to take the beleaguered firm off the chopping block. £50 million is …

Following on from the recent debt buyout by Hilco, the owners of HMV Canada, it has been announced that the UK arm of HMV will be shutting up to 100 stores in the near future, putting 1500 jobs at risk. It may not be the full amount as it's thought …

For those of you that were feeling sad and nostalgic for the long time high street retailer HMV, fret not, as Hilco, the company that bought up HMV Canada a couple years ago, has now stepped in and put the brakes on HMV's demise and has promised to restructure and …

If you tore up your HMV gift vouchers in disgust since the announcement that it would no longer be accepting them due to its administration, you're about to get more annoyed, as they've just been reinstated by administrator Deloitte. When it was initially announced that vouchers could no longer be …