HMV bosses confident firm can survive crisis

HMV's flagship store at Donegall Arcade, 
Belfast, one of the 11 remaining outlets in the province


Photo: Arthur Allison.

HMV's flagship store at Donegall Arcade, Belfast, one of the 11 remaining outlets in the province Photo: Arthur Allison.

BOSSES at the beleaguered retail chain HMV said yesterday they were “convinced” they can secure a future for the business despite collapsing into administration after poor Christmas sales.

Chief executive Trevor Moore insisted there was a place for HMV on the high street and said he was “confident that we will find a solution”.

The group confirmed it had been a torrid Christmas for the retailer, saying sales had been disappointing after the failure to secure the supply of two key tablet computers saw it miss out on surging demand for the gadgets.

 

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