HMV Stores To Accept Gift Cards, Administrator Confirms
Deloitte make u-turn on their decision and confirm stores will begin taking the vouchers again this week.
HMV stores will accept gift cards and vouches from tomorrow (22nd January), it's been announced.
Administrators Deloitte said they had made the decision after making a more positive analysis of the music retailer's financial situation.
The move follows widespread condemnation of Deloitte's decision not to honour gift cards after HMV went into administration last week.
They also announced that proceeds from HMV's sales of charity releases would be paid as soon as possible.
"We recognise that both of these matters have caused concern for individuals and organisations affected and are pleased to have reached a positive outcome," the administrator said.
"We will continue to assess the longer term options for the business whilst continuing to trade. I am hopeful this process will result in the business continuing as a going concern."
HMV announced last week that it was going into administration. It followed the company's battle to remain competitive against the digital marketplace.
HMV has over 200 stores UK wide and employs more than 4000 people.
Recently Played Tracks
To listen live, choose your preferred location:
Live Top 10
1 Jamie Lawson Wasn't Expecting That
2 Naughty Boy feat. Beyonce & Arrow Benjam Runnin' (Lose It All)
3 R.City ft Adam Levine Locked Away
4 The 1975 Love Me
6 Philip George Alone No More
7 Olly Murs Kiss Me
9 Drake Hotline Bling
Today's Hot Searches
- mtv vmas 2015 winners list
- new music videos
- celebrity snapchat usernames
- taylor swift wildest dreams music video
- justin bieber what do you mean music video
- sam smith boyfriend
- sexy music videos
- summer songs 2015
- one direction new album
- zayn malik solo album
- little mix uk tour tickets
- new songs september
- new album releases
- viral videos