Canadian firm Sunrise Records has bought 100 stores, securing 1487 jobs, the collapsed music chain HMV, beating competition from Sport Direct owner Mike Ashley. But 27 stores will close, resulting in 455 redundancies. Sunrise Records CEO Doug Putman, said he was “ delighted to acquire the most iconic music and entertainment business in the UK”.…
This Christmas HMV has fallen victim slump in sales on the UK high street and customer changing habits including music streaming, and is filing for administration for the second time in six years, as shopper footfall dropped 3.1 per cent on Boxing Day compared with last year. His Master’s Voice, started trading in 1921, has…
Justin Bieber tops the official singles chart in UK by seeing off all his rivals to spend a third non-consecutive week. The star’s latest track What Do You Mean is back at Number 1 after being dethroned by the Jackson 5- sampling track actually knocked Justin off Number 1 for one week before Bieber returned…