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Saturday, 5 February 2011

HMV to close 60 stores as sales and shares slump

This looks very interesting and as were looking at HMV in detail i thought you may all want to read it.


http://www.bbc.co.uk/news/business-12117510

1 comment:

  1. Nice! The first new post.

    I'm liking the article too. Read it over and check out what kinds of things are mentioned: sales slumping for HMV due to a cold shopping period, the same reason why economists are saying that the UK economy didn't have positive GDP growth figures and looks prone to going into a 'double dip' recession.

    The real question is this: was it due to the cold weather, or is something deeper wrong with the economy? It'll be interesting to see the figures for the first quarter of 2011.

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