Swindon's HMV store is saved

HMV is to continue trading for the time being

HMV is to continue trading for the time being

First published in News Swindon Advertiser: Photograph of the Author by , @EmmaDunnn

ADMINISTRATORS have confirmed that a town centre store which was under threat of closure will continue trading for the time being.

It was announced yesterday that a total of 66 HMV stores across the country will be closing in the next few months, but Swindon’s Regent Street store was not on the list.

HMV, which currently has 220 stores, called in the administrators last month.

A spokesman for administrators Deloitte said: “Stores that are not on the list will continue as normal.

“HMV is still in administration and the administrators are continuing to seek a sale for the business as a going concern.”

The 66 shops have been identified as part of an ongoing review of the company's financial position.

Hopes of a rescue deal have been raised after restructuring firm, Hilco, bought the company’s debt.

Last month the Adver reported that all 16 staff at the Swindon store could face redundancy.

South Swindon MP Robert Buckland said: “We don’t know the final results of the changes or what will happen to the HMV chain in the future but I am pleased to hear that we were not on that list.

“It may well be something to do with the fact that footfall in Swindon town centre continues to increase and HMV is a very popular store in the heart of our town centre.”

North Swindon MP Justin Tomlinson said: “It is fantastic news the Swindon store will continue trading. It is an integral part of our town centre.

“As a music fan myself I am delighted the HMV chain looks set to continue and, while the industry is faced with the onslaught of internet downloading and supermarket sales, HMV still has more than 100 million people a year footfall and 70 per cent of the High Street music business.

“I hope HMV in some form will be able to continue to remain a key part of the nation’s High Streets.”

Swindon Council leader Rod Bluh said: “It is positive the store is staying open.

“Anything that keeps retail presence on the High Street is good. It is all about jobs at the end of the day.”

Comments (10)

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8:28pm Thu 7 Feb 13

timt1964 says...

"its an integral part of the town centre" actually no it isnt!! why go into an expensive shop when you can get all your music and films for free from t'internet? its a drab town centre,typical mp bu*****t.
"its an integral part of the town centre" actually no it isnt!! why go into an expensive shop when you can get all your music and films for free from t'internet? its a drab town centre,typical mp bu*****t. timt1964
  • Score: 0

9:21pm Thu 7 Feb 13

semitonic says...

I'm glad it's been saved - youngsters these days think music and video is all free but it isn't. Sadly many people have convinced themselves that stealing it is fine so long as it's via the internet.
I'm glad it's been saved - youngsters these days think music and video is all free but it isn't. Sadly many people have convinced themselves that stealing it is fine so long as it's via the internet. semitonic
  • Score: 0

9:01am Fri 8 Feb 13

Phantom Poster says...

timt1964 wrote:
"its an integral part of the town centre" actually no it isnt!! why go into an expensive shop when you can get all your music and films for free from t'internet? its a drab town centre,typical mp bu*****t.
Because some people are brought up with a moral code. They don't steal just because they can get away with it.
[quote][p][bold]timt1964[/bold] wrote: "its an integral part of the town centre" actually no it isnt!! why go into an expensive shop when you can get all your music and films for free from t'internet? its a drab town centre,typical mp bu*****t.[/p][/quote]Because some people are brought up with a moral code. They don't steal just because they can get away with it. Phantom Poster
  • Score: 0

9:56am Fri 8 Feb 13

The Artist formally known as Grumpy Old Man says...

timt1964 wrote:
"its an integral part of the town centre" actually no it isnt!! why go into an expensive shop when you can get all your music and films for free from t'internet? its a drab town centre,typical mp bu*****t.
1) I'm sure the authorities would be interested to hear you've been downloading music and films illegally off the internet.
2) It's not "free", it's theft.
3) HMV aren't always expensive compared to the internet, they sometimes have some good deals on. I've bought many blu-rays/albums from them at a far cheaper price than was available on the internet at the time.
[quote][p][bold]timt1964[/bold] wrote: "its an integral part of the town centre" actually no it isnt!! why go into an expensive shop when you can get all your music and films for free from t'internet? its a drab town centre,typical mp bu*****t.[/p][/quote]1) I'm sure the authorities would be interested to hear you've been downloading music and films illegally off the internet. 2) It's not "free", it's theft. 3) HMV aren't always expensive compared to the internet, they sometimes have some good deals on. I've bought many blu-rays/albums from them at a far cheaper price than was available on the internet at the time. The Artist formally known as Grumpy Old Man
  • Score: 0

10:18am Fri 8 Feb 13

EmmBee says...

I used to buy from HMV online - it was cheaper than the shops because it was sold via Guernsey (and therefore took advantage of a tax benefit). The govt closed that loophole, so now I buy from Amazon if I need to.
I used to buy from HMV online - it was cheaper than the shops because it was sold via Guernsey (and therefore took advantage of a tax benefit). The govt closed that loophole, so now I buy from Amazon if I need to. EmmBee
  • Score: 0

1:58pm Fri 8 Feb 13

benzss says...

semitonic wrote:
I'm glad it's been saved - youngsters these days think music and video is all free but it isn't. Sadly many people have convinced themselves that stealing it is fine so long as it's via the internet.
Overall sales of those media which are frequently pirated have risen consistently over the last couple of decades. The simple fact is that selling through a shop is more expensive than through a website. We ought to welcome this development as it means we, the consumer, spend less on stuff we like.
[quote][p][bold]semitonic[/bold] wrote: I'm glad it's been saved - youngsters these days think music and video is all free but it isn't. Sadly many people have convinced themselves that stealing it is fine so long as it's via the internet.[/p][/quote]Overall sales of those media which are frequently pirated have risen consistently over the last couple of decades. The simple fact is that selling through a shop is more expensive than through a website. We ought to welcome this development as it means we, the consumer, spend less on stuff we like. benzss
  • Score: 0

4:42pm Fri 8 Feb 13

Phantom Poster says...

benzss wrote:
semitonic wrote:
I'm glad it's been saved - youngsters these days think music and video is all free but it isn't. Sadly many people have convinced themselves that stealing it is fine so long as it's via the internet.
Overall sales of those media which are frequently pirated have risen consistently over the last couple of decades. The simple fact is that selling through a shop is more expensive than through a website. We ought to welcome this development as it means we, the consumer, spend less on stuff we like.
So we should welcome stealing peoples livelihoods because it costs us less on stuff we "like"? Morality - is it a foreign concept to you?
[quote][p][bold]benzss[/bold] wrote: [quote][p][bold]semitonic[/bold] wrote: I'm glad it's been saved - youngsters these days think music and video is all free but it isn't. Sadly many people have convinced themselves that stealing it is fine so long as it's via the internet.[/p][/quote]Overall sales of those media which are frequently pirated have risen consistently over the last couple of decades. The simple fact is that selling through a shop is more expensive than through a website. We ought to welcome this development as it means we, the consumer, spend less on stuff we like.[/p][/quote]So we should welcome stealing peoples livelihoods because it costs us less on stuff we "like"? Morality - is it a foreign concept to you? Phantom Poster
  • Score: 0

5:06pm Fri 8 Feb 13

Anon4714 says...

Just because it was sourced on the Internet doesn't mean it was pirated, netflix, lovefilm etc are all legal options.

Purchasing the content online is generally easier, cheaper, and faster. HMV failed to align its business model with the changing times which is why it failed, not because of piracy!
Just because it was sourced on the Internet doesn't mean it was pirated, netflix, lovefilm etc are all legal options. Purchasing the content online is generally easier, cheaper, and faster. HMV failed to align its business model with the changing times which is why it failed, not because of piracy! Anon4714
  • Score: 0

7:06pm Fri 8 Feb 13

itsamess3 says...

Anon4714 wrote:
Just because it was sourced on the Internet doesn't mean it was pirated, netflix, lovefilm etc are all legal options.

Purchasing the content online is generally easier, cheaper, and faster. HMV failed to align its business model with the changing times which is why it failed, not because of piracy!
Agreed--there are many options on the net to listen-watch and pay for music and films and indeed buy products cheaper. The whole point being the artists/actors and industry do like to be paid for the pleasure they give and rightly so--few workers would spend months working in their jobs and not be paid for that work.
There are laws to prevent downloading and powers to withdraw internet access and or legal action.
Personally i prefer to use shops like HMV-however i agree these shops are becoming very rare due to internet competition. I cannot see HMV lasting much longer unless they compete on the same terms as the internet.
[quote][p][bold]Anon4714[/bold] wrote: Just because it was sourced on the Internet doesn't mean it was pirated, netflix, lovefilm etc are all legal options. Purchasing the content online is generally easier, cheaper, and faster. HMV failed to align its business model with the changing times which is why it failed, not because of piracy![/p][/quote]Agreed--there are many options on the net to listen-watch and pay for music and films and indeed buy products cheaper. The whole point being the artists/actors and industry do like to be paid for the pleasure they give and rightly so--few workers would spend months working in their jobs and not be paid for that work. There are laws to prevent downloading and powers to withdraw internet access and or legal action. Personally i prefer to use shops like HMV-however i agree these shops are becoming very rare due to internet competition. I cannot see HMV lasting much longer unless they compete on the same terms as the internet. itsamess3
  • Score: 0

8:35pm Fri 8 Feb 13

The Artist formally known as Grumpy Old Man says...

Anon4714 wrote:
Just because it was sourced on the Internet doesn't mean it was pirated, netflix, lovefilm etc are all legal options.

Purchasing the content online is generally easier, cheaper, and faster. HMV failed to align its business model with the changing times which is why it failed, not because of piracy!
That's true, but none of your options listed there are free. Perhaps you could point me in the direction of an online service that is both free and legal?

Furthermore, the quality of streaming services such as those is still vastly inferior to physical media - I know, I've tried and cancelled them all!
[quote][p][bold]Anon4714[/bold] wrote: Just because it was sourced on the Internet doesn't mean it was pirated, netflix, lovefilm etc are all legal options. Purchasing the content online is generally easier, cheaper, and faster. HMV failed to align its business model with the changing times which is why it failed, not because of piracy![/p][/quote]That's true, but none of your options listed there are free. Perhaps you could point me in the direction of an online service that is both free and legal? Furthermore, the quality of streaming services such as those is still vastly inferior to physical media - I know, I've tried and cancelled them all! The Artist formally known as Grumpy Old Man
  • Score: 0

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