Published: 10:00, 07 February 2013 |
Updated: 09:43, 10 January 2014
by business editor Trevor Sturgess
As many as 66 HMV stores are to close with the loss of 930 jobs - but none of them are in Kent.
Some 930 jobs are likely to go at the high street CD and DVD retailer, which collapsed into administration last month amid fierce competition from online and supermarkets.
None of the stores earmarked for closure are in Kent, although the shops in Bexleyheath (Bexley) and Orpington (Bromley) are on the list.
No fixed date is set for the closure of these stores, which will continue to trade in the meantime.
However, it is expected that closures will take place over the next one to two months.
HMV currently operates from 220 stores in the UK, including Bluewater, Maidstone, Ashford, Folkestone, Canterbury, Thanet, Tonbridge and Tunbridge Wells.
A pop-up store in Chatham's Pentagon Shopping Centre shut last month.
Nick Edwards, joint administrator with Deloitte, said: "As part of our ongoing review of HMV's financial position, we have now completed a review of the store portfolio and have identified 66 loss making stores for closure.
"This step has been taken in order to enhance the prospects of securing the business' future as a going concern."
He added an optimistic note: "We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period.
"All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business."
Every morning at 10am we play you an hour of tunes from the 90s. We call it, #WeLoveThe90s.
Play 'Say It' with Garry and Laura on kmfm Breakfast and you could win £1,000!
Wake up to kmfm Breakfast with Garry and Laura - it's Kent's alarm call.
A guide for your future. For year 11 students in Kent and Medway. Click here for the e-edition.
Education, Training & Childcare is a special supplement published by KM Media Group four times a year. Click here for latest e-edition.
This is a brand new online resource covering every aspect of owning and improving a home in Kent and Medway.
Get the latest food and drink news, recipes from some of the nation's top chefs plus updates from Kent's vineyards and breweries.
Search in your local area to find your perfect partner in Kent, with FreshStart Dating! PLUS, register for free!.
Neil Miller, Hever Castle head gardener is new gardening blogger.
Buy pictures that you've seen in a KM newspaper, or send in a picture and we will place it on our photo sales website so that you can purchase a super, unique gift.