60-100 HMV stores are in the cross-hairs for closure. Via The Telegraph:
A source close to HMV said the administrators were preparing to take the “next stage of restructuring” at the retailer. The restructuring plans are being considered this weekend, with the location of the stores to close still to be finalised.
However, Deloitte and Hilco, which has bought HMV’s debt, believe that for it to emerge as a viable high-street retailer the company must reduce its portfolio of stores to between 120 and 160 shops.