HMV going under...

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It is a shame, but sadly adapt or die.
I'm more gutted about the fact that soon the high street will be dead and full of charity shops , betting shops etc.
I have to add that having costly physical outlets and competing against the likes of Amazon, who pay almost no UK tax, and piracy, was always going to end badly in the end.

I think the last time I was in HMV I was looking buying a NOW album... on quadruple cassette...
G

 

Part of blockbuster is still profitable (so it said on the radio) - My guess is that it's the online part.
Expect the stores to go and blockbuster to continue in an online capacity only

what a happy start to 2013

 

It's certainly a sad state of affairs.

We'll be left with a High Street of coffee shops, betting shops, charity shops and pound shops.

Leafing through a prospective book / magazine purchase or flicking though rows of CD's / video games can't be beaten with it's online browsing cousin...

Bit like Kindle versus REAL books - no comparrison. But at the same time I can't fully sign-up to the "it's the internet that's killing business" argument. Business models have to change - and, luckily, some have.

I still haven't got over Our Price closing and a world without the Virgin Megastore, and both of those disappeared for very different reasons than those that are currently experiencing problems...

 

Its certainly a shame but I'm only surprised that they managed to last this long. When I do go into HMV to have a browse I'm shocked every time at the prices they charge for things.
I realised the last week actually that I don't think I've bought a physical CD for a couple of years now (plenty of music yes, physical cd's not one) and certainly no CD's from music shops for a number of years before that they are just darn to expensive compared to other options, that and even big music shop rarely had the music I wanted to buy anyway and you generally cant sample the music before purchase.

Also games and dvd's are expensive compared to online options, I never buy a new game when it comes out (just cant justify the expense) but wait a couple of months until its in the 20-25 quid range which happens online quickly but in shops games can stay at 50 quid for ages after that.

Unfortunately physical music shops have been dead to me for a number of years now.

 

the thing I do like about HMV is that you can go in and see all the tech set out to play around with... stuff like the latest games consoles, tablets, ebooks, headphones across different price ranges yet you cannot do that online. on saying that, I have not bought anything from HMV for years

 

I wasn't surprised either, they've been overpriced compared to competitors for such a long time its amazing they've lasted this long to be honest.

I went in there to get a couple of box sets for Christmas, I couldn't believe the prices, I must of saved about £50 in total by getting them online instead.

The high street is definitely on its way out, we're on an administration a day at the moment!

 

Bets on the next chain to bow out???

Veto any fast food chain ever...when was the last time you saw a McDonalds closing down

 

I personally can't believe that WH Smith is still going, they too have been ridiculously over priced for so so long! Matter of time til they go I reckon!