Town store is not on list of 66 closures

Published on 07/02/2013 15:49

Eastbourne’s HMV store is not on the list of 66 outlets that have been identified for closure.

The business entered administration in January and later that month Nick Edwards, Rob Harding and Neville Kahn were appointed Joint Administrators.

The affected stores employ 930 staff and while no fixed date is set for the closure of these stores, which will continue to trade in the meantime, it is expected that closures will take place over the next one to two months.

Eastbourne has an HMV store in the Arndale Centre.

Nick Edwards, Joint Administrator, 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.”

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Town store is not on list of 66 closures

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