HMV share prices drop
News: 20th January 2011 by Louise Dodgson under Selling & Distributing Your Music
Yesterday HMV was dealt another blow when the retailers share prices dropped by 10%. Apparently the main cause of the dip is due to suppliers having issues with credit insurers about gaining full insurance for the stock they supply to the music chain.
HMV head, Simon Fox, has called in expert debt advisers to investigate the problem and hopefully unearth a cost-cutting solution. More info can be found via the links below, plus an interesting question is posed by the Guardian to members of the general public: Would they miss HMV? Check out the results below...
Related Links
http://www.guardian.co.uk/business/2011/jan/19/hmv-calls-in-kpmg-debt-advisers
http://www.guardian.co.uk/business/2011/jan/19/hmv-high-street-music-shops
Tags
hmv, music retail, record shop, record store, high street music retailer, music sales, record sales
