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Topic: UK retailer HMV are going into administration

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McHaggis

1. Posted:

"The board regrets to announce that it has been unable to reach a position where it feels able to continue to trade outside of insolvency protection," the company said in a statement on Monday evening.

http://uk.reuters.com/article/2013/01/14/uk-hmv-idUKBRE90D12W...

Can't say I didn't see it coming.

McHaggis

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Bulbousaur

2. Posted:

This pretty much puts the final nail in the coffin for high-street video games retailers in the UK. No GAME or Gamestation near me anymore, and it looks like HMV is going out as well now.

Can't say I'm surprised, I haven't bought anything from them ever apart from a few CDs for Christmas presents. In fact I've haven't bought a game from a high-street shop in at least the last year and a half apart from CeX, but that's an entirely different conversation.

Amazon is basically killing these shops, but to be honest I won't really miss them when they'll go. I do hope the people who lose their jobs can get some more quickly though.

Bulbousaur

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Bankai

3. Posted:

bulby1994 wrote:

This pretty much puts the final nail in the coffin for high-street video games retailers in the UK. No GAME or Gamestation near me anymore, and it looks like HMV is going out as well now.

Can't say I'm surprised, I haven't bought anything from them ever apart from a few CDs for Christmas presents. In fact I've haven't bought a game from a high-street shop in at least the last year and a half apart from CeX, but that's an entirely different conversation.

Amazon is basically killing these shops, but to be honest I won't really miss them when they'll go. I do hope the people who lose their jobs can get some more quickly though.

You're sure as heck going to miss them once all the major specialist retailers are gone, and Amazon no longer needs to compete on price.

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V8_Ninja

4. Posted:

Bankai wrote:

You're sure as heck going to miss them once all the major specialist retailers are gone, and Amazon no longer needs to compete on price.

Last I checked, eBay is still a thing.

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Sean_Aaron

5. Posted:

Amazon will still have other online retailers to compete with and Apple for that matter.

The main thing I would, miss if HMV tanked is the pinball machines - that's the only reason I set foot in the place.

Edited on by Sean_Aaron

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