||01-14-2013 04:37 PM
HMV To Call In The Administrators
Leading high-street retailer HMV is set to call in administrators following a refusal for more credit, casting serious doubt over the stores future.
The entertainment chain, which specialises in the sale of CDís, DVDís and games, has been part of the British high-street for decades and is comprised of over 230 UK locations, employing some 4,000 people.
Now, following a meeting of company directors, it has been suggested that administrators Deloitte could be called in as early as Tuesday, January 15.
And another one bites the dust.
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