HMV to go into administration - Page 3

Starkers · January 17 2013, 09:43 AM

Serial thread killer wrote:

Just read Blockbusters is going as well.
Can't say I'm surprised on that one.

Yeah I would have exepcted them to be one of the first to the wall, I'm amazed they didn't go under even when everyone else was doing reasonably well. I can't remember the last time I rented anything from there, or even went in the shop, and everyone I know who rents uses netflix/Lovefilm etc.

John Clark · January 17 2013, 05:56 PM

Starkers wrote:

Yeah I would have exepcted them to be one of the first to the wall, I'm amazed they didn't go under even when everyone else was doing reasonably well. I can't remember the last time I rented anything from there, or even went in the shop, and everyone I know who rents uses netflix/Lovefilm etc.

The only times I seemed to go in there was when on holiday and buying used dvds.

Still, they lasted a lot longer than any of the local rental places near us.

Antni · January 18 2013, 06:25 PM

I managed to get season one of the next generation on blu-ray in HMV this afternoon for £46 because they were marking X's on things that have 25% off so should of been £62.

Asbo Zaprudder · January 18 2013, 07:59 PM

Antni wrote:

I managed to get season one of the next generation on blu-ray in HMV this afternoon for £46 because they were marking X's on things that have 25% off so should of been £62.

Cheaper from Play.com -- £44.69 -- sorry.

Shazam! · January 18 2013, 08:22 PM

I'm not sure he minds paying the extra quid or so for the convenience of having it there and then.

JoeZhang · January 18 2013, 10:30 PM

Asbo Zaprudder wrote:

Antni wrote:

I managed to get season one of the next generation on blu-ray in HMV this afternoon for £46 because they were marking X's on things that have 25% off so should of been £62.

Cheaper from Play.com -- £44.69 -- sorry.

Play.com is closing its retail operation as well - going to be marketplace only from march.

macloudt · January 19 2013, 01:04 AM

Relayer1 wrote:

macloudt wrote:

What bites, though, is that while stores are still open, gift vouchers/cards will not be honoured. I'm surprised that's legal.

As I understand it, it is because you are not a customer (if you were, you would be covered by all sorts of consumer protecting legislation), you are the holder of a promissory note and therefore a creditor.

In insolvencies, the assets are sold off and the proceeds distributed between the creditors. Some categories of creditors get priority. Holders of gift cards come way down the pecking order, so often get nothing back.

Ah, I see. Thanks for this info.

Asbo Zaprudder · January 19 2013, 09:56 AM

JoeZhang wrote:

Asbo Zaprudder wrote:

Antni wrote:

I managed to get season one of the next generation on blu-ray in HMV this afternoon for £46 because they were marking X's on things that have 25% off so should of been £62.

Cheaper from Play.com -- £44.69 -- sorry.

Play.com is closing its retail operation as well - going to be marketplace only from march.

Yeah, I got the hint something was up some weeks previously when they withdrew all advanced ordering of anime titles. I still have some advanced orders with them later than March, so I wonder if they will honour them.

It's a pity that pretty soon Amazon might have a near monopoly.

John Clark · January 19 2013, 12:27 PM

JoeZhang wrote:

Play.com is closing its retail operation as well - going to be marketplace only from march.

I too had been wondering about that as lately, everything I seemed to look at on their site was a marketplace item.

lurok · January 19 2013, 05:10 PM

Asbo Zaprudder wrote:

It's a pity that pretty soon Amazon might have a near monopoly.

Just as they fiendishly planned. Muahahaha...

MacLeod · January 19 2013, 08:12 PM

I still think HMV might continue in some form, remember Game also went in Administration last year, and it's still about.

Shazam! · January 19 2013, 10:28 PM

Bizarrely, GAME is doing reasonably well right now. So well in fact, they're looking into buying HMV stores. Weird how it all comes around.

Asbo Zaprudder · January 19 2013, 10:55 PM

I suspect GAME is highly leveraged. If interest rates go up, they'd probably be fucked.

MacLeod · January 19 2013, 11:38 PM

I think what didn't help Game was owning Gamestation as well, so in some places they would own two or more outlets essentially competing against themselves. When realistically the place could at best support one store.

Bob The Skutter · January 21 2013, 11:43 AM

Asbo Zaprudder wrote:

It's a pity that pretty soon Amazon might have a near monopoly.

Off the top of my head there's still Zavvi.com, Base.com. DVD.co.uk, Sendit.com, shopto.net, thehut.com.

January 18 2013, 06:25 PM	#33
Antni Lieutenant Junior Grade Location: Manchester, UK	Re: HMV to go into administration I managed to get season one of the next generation on blu-ray in HMV this afternoon for £46 because they were marking X's on things that have 25% off so should of been £62. __________________ "Speak for yourself sir, I plan to live forever."

January 18 2013, 08:22 PM	#35
Shazam! Rear Admiral	Re: HMV to go into administration I'm not sure he minds paying the extra quid or so for the convenience of having it there and then.

January 19 2013, 08:12 PM	#41
MacLeod Vice Admiral Location: Great Britain	Re: HMV to go into administration I still think HMV might continue in some form, remember Game also went in Administration last year, and it's still about. __________________ On the continent of wild endeavour in the mountains of solace and solitude there stood the citadel of the time lords, the oldest and most mighty race in the universe looking down on the galaxies below sworn never to interfere only to watch.

January 19 2013, 10:28 PM	#42
Shazam! Rear Admiral	Re: HMV to go into administration Bizarrely, GAME is doing reasonably well right now. So well in fact, they're looking into buying HMV stores. Weird how it all comes around.

January 19 2013, 10:55 PM	#43
Asbo Zaprudder Rear Admiral Location: Chairman of the bored	Re: HMV to go into administration I suspect GAME is highly leveraged. If interest rates go up, they'd probably be fucked. __________________ "It is a lonely life, the way of the necromancer... oh, yes. Lacrimae Mundi - the tears of the world."

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January 19 2013, 11:38 PM	#44
MacLeod Vice Admiral Location: Great Britain	Re: HMV to go into administration I think what didn't help Game was owning Gamestation as well, so in some places they would own two or more outlets essentially competing against themselves. When realistically the place could at best support one store. __________________ On the continent of wild endeavour in the mountains of solace and solitude there stood the citadel of the time lords, the oldest and most mighty race in the universe looking down on the galaxies below sworn never to interfere only to watch.