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HMV Canada owner 'showing interest' in buying UK stores

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Turnaround company Hilco could rescue retailer from administration

Restructuring group Hilco is reportedly interested in rescuing embattled retailer HMV after the UK firm announced plans to go into administration.... read more

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HMV Canada owner 'showing interest' in buying UK stores

Postby Audest_Oggust » 15 Jan 2013, 16:16

There have been eight separate articles about HMV in the last 24 hours...could we beat this story to death a little more, perhaps?
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby middle finger » 15 Jan 2013, 16:21

What a times, when I have to go to shop for games at asda, where few steps away I also can get pork chops.
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby chamony » 15 Jan 2013, 17:11

it is fairly important audest, the more shops shut, the less competition, the higher prices your paying,
play.com and hmv both were quite big players,
i know there are still many other places to buy but buying power usually means lower prices and i have some massive tesco's and asda supermarkets round where i live and both there selection of games and prices are s**t
so were left with smaller chains, independents and the internet
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby Agent75 » 15 Jan 2013, 17:13

If HMV UK are bought, the new owners may close stores, but stores that stay open, stock will be changed, but their prices will still be high. People who run stores on the high street, just don't get it, or they do, but they live in the clouds. The recent VAT rise doesn't help either. But all in all, the high street and shopping centres are doomed, unless prices fall. Also, transport and parking is expensive now. It's just one big knock on effect. 2013 is going to see the biggest crash ever.
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby Bambis Dad » 15 Jan 2013, 17:18

Wellingborough has free car parking and a s**t town centre.
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby leprechaun75 » 15 Jan 2013, 17:21

middle finger wrote:What a times, when I have to go to shop for games at asda, where few steps away I also can get pork chops.


I reckon you could cook chops on the top of my old fat PS3, that thing was like an induction hob
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby Audest_Oggust » 15 Jan 2013, 17:41

chamony wrote:it is fairly important audest, the more shops shut, the less competition, the higher prices your paying,
play.com and hmv both were quite big players,
i know there are still many other places to buy but buying power usually means lower prices and i have some massive tesco's and asda supermarkets round where i live and both there selection of games and prices are s**t
so were left with smaller chains, independents and the internet


I live in the U.S., so HMV's fate really doesn't concern me. However, here in the states, we only have one really big video game retailer, being GameStop, and if it were to shut down, it wouldn't make prices elsewhere rise, it would just give other retailers more business. I don't know how things work in the U.K., but here, video game publishers have deals with developers, marketers, distributors, manufacturers, and retailers, and those rates are the same across the board. These rates don't change according to the retailer, but rather according to the publisher. In other words, just because one of the main retailers goes out of business doesn't mean other retailers are entitled to corner the market and raise the prices. They still have to keep the same prices as before, because that's their agreement with the publisher.

Side note, in my experience, it is best to buy games from independently owned stores rather than chains because their employees are more educated than a corporate employee. Also, their prices tend to be cheaper.
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby danhalen74 » 15 Jan 2013, 17:56

ooh Devil May Cry....i'll go and get that with me xmas vouchers.... oh wait.

Doh!

Bastards.
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby theideal » 15 Jan 2013, 18:45

Most of the HMVs in Canada got closed down last year.
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby shellster2 » 15 Jan 2013, 21:57

Expect to see a lot of Bryan Adams if this does go through. You have been warned.
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby Audest_Oggust » 16 Jan 2013, 08:08

shellster2 wrote:Expect to see a lot of Bryan Adams if this does go through. You have been warned.


Hey man...you know it's true...everything he does...he does it for you.
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Re: HMV Canada owner 'showing interest' in buying UK stores

Postby Acesbomb » 16 Jan 2013, 12:41

Well I won't be using HMV again. Their Ireland operation is not in administration yet they are refusing to honour vouchers.

Only downside to this is now game are gone, hmv 2nd. All that is left is Gamestop.
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