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Introduction

UK music retail chain HMV called in the administrators at the end of last year, citing poor sales over the Christmas period.

Highlights

  • Bricks-and-mortar retailing in the UK suffered from some big store closures last year. According to the Centre for Retail Research, a total of 43 retailers "failed" in 2018.

Features and Benefits

  • Details the problems for HMV, which called in the administrators at the end of 2018.
  • Explains why the days of bricks-and-mortar retailing in the UK have been numbered for several years.

Key questions answered

  • What has gone wrong for music retail chain HMV?
  • Who is in the frame to buy the troubled retail chain?

Table of contents

Ovum view

  • Summary
  • Troubling times for the UK's last big music retail chain
  • Administrators called in for second time in six years
  • Recorded-music business runs on profit and not sentiment

Appendix

  • Author