Thread: HMV to close 60 stores as sales and shares slump
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Old 01-05-2011, 04:01 PM   #8
DMSmillie
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Quote:
Originally Posted by HarryT View Post
I didn't know that HMV owned Waterstones. I hope it's music shops that are going to close, rather than bookshops.
They appear to have updated the article since I read it earlier, and now it states:

Quote:
The 60 stores set to close represent roughly 10% of the group's UK High Street presence, which comprises 285 HMV shops and 312 Waterstone's outlets.

It is understood that 40 HMV branches will close along with 20 Waterstone's bookshops.
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