HMV Goes Into Administration
29 December 2018
Unfortunately, for the second time in six years, HMV has gone into administration. KPMG have been appointed administrator and have isued a notice that they intend to honour gift cards purchased over the Christmas period and, for now, are still operating an on-line store.
As we reported back in August, HMV have been very competitive throughout 2018 and often offer the best price on new and popular DVDs. The administrators have said that, over the coming weeks, they intend to operate the business as usual while they consider all the options and look for a potential buyer.
We have been offering a price comparison service for many years and have seen several large, national retailers go into administration. While some disapear without trace, others have either been saved or bought and revived. We will therefore, continue to include HMV products as long as they are trading, however, if the administrators fail to save the business then we will remove them from all listings immediately.