February 27, 2013 12:29

Supermarket chain Morrisons buys six branches of HMV

Record shops to be turned into Morrisons M convenience stores

Supermarket chain Morrisons buys six branches of HMV

Photo: PA

Supermarket chain Morrisons has bought six HMV stores from the company's administrators Deloitte to turn into branches of its Morrisons M convenience stores this summer.

The sale marks the first properties HMV has sold to be taken over by another chain. It will see the number of M stores in the UK rise to 19. The Guardian reports that stores will be in Chesterfield, Newbury, Enfield, Scarborough, Lancaster and Wood Green. Morrisons has also acquired seven shops from camera retailer Jessops and a further 49 from ailing rental firm Blockbuster.

Last week administrators of HMV announced that an additional 37 stores will close, resulting in the loss of 464 jobs. These include all four Heathrow airport sites. Meanwhile, the retailer is being forced to shut all of its Irish branches - which will result in 300 jobs lost.

The total number of job losses at HMV is now coming up to 1,500, and the number of stores marked for closure stands at 103.



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