HMV Stores To Accept Gift Cards, Administrator Confirms

21 January 2013, 15:52

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.

Leigh-Anne Pinnock joins Snapchat

50 Of The Best Popstars You Should Have On Snapchat

Capital FM iOS App 2015

Download Our AWESOME New Free Music App - Now Also Available On Android!

  • Top Ten
  • 11 - 20
  • 21 - 30
  • 31 - 40
  1. 1
    Cold Water artwork
  2. 2
    Perfect Strangers artwork
  3. 3
    Don't Let Me Down artwork
    Don't Let Me Down
    The Chainsmokers feat. Daya
    itunes
  4. 4
    Treat You Better artwork
  5. 5
    Dancing on My Own artwork
    Dancing on My Own
    Calum Scott
    itunes
  6. 6
    One Dance artwork
    Drake ft Kyla & Wizkid
    itunes
  7. 7
    This Girl artwork
    This Girl
    Kungs Vs Cookin On 3 Burners
    itunes
  8. 8
    Good Grief artwork
    Good Grief
    Bastille
    itunes
  9. 9
    Don't Mind artwork
    Don't Mind
    Kent Jones
    itunes
  10. 10
    Tears artwork
    Louisa Johnson & Clean Bandit
    itunes
  • Top Ten
  • 11 - 20
  • 21 - 30
  • 31 - 40