HMV Is Officially Out Of Administration

Good news for fans of shopping on the high street this evening as HMV have just announced that they are officially out of administration. The news was emailed to subscribers of HMV’s newsletters or those who have joined their reward scheme/purchased online earlier this evening.

HMV originally went into administration on the 15th January and its future has been kept in the dark from many of us until now, three months later on and after numerous store closures and changes after administrators came in to try and figure out a way to save the entertainment chain.

Since the company went into administration a total of 103 stores have been closed and thus hundreds of jobs have been loss in the process but looking on the positive side of things it is nice to know that those still employed by the company should be ok for the time being.

Has your local HMV store closed down or remained open? Let us know your thoughts/memories about the company in the comments below or through our Facebook page!

[Source: HMV]

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