HMV shuts up shop
Date published: 02 February 2011
OLDHAM’S HMV store has closed down as the company fights to recover from a 10 per cent sales slump.
The retailer announced it would close 60 stores over the next 12 months after its shares dropped 20 per cent. The firm blamed heavy snowfall for a fall in profits in the run up to Christmas. The nearest HMV stores for local music fans are in Rochdale and Ashton.
Most Viewed News Stories
- 1FCHO granted injunction following reports of anti-social and criminal activity in Chadderton
- 2Two Oldham men among seven convicted for sexually exploiting children in Rochdale
- 3Drivers be warned - Oldham road closures will cause delays over the coming weeks
- 4Oldhamers celebrate well-deserved awards in King's latest Birthday Honours List
- 5Heartless vandals leave 'destruction and mess' at Churchill playing fields