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freetoroam

[Updated] HMV in administration

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HMV goes into administration

http://www.guardian.co.uk/business/2013/jan/15/hmv-administration-full-reaction

From 2011:

The Waterstones book chain became part of the HMV stable in 1998 but was sold off in 2011 as the troubled music chain attempted to get its finances in order.

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Seems the MP3`s have killed the music store. HMV like Virgin, just are not keeping up. yes, Virgin are having problems too.

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a truly sad day... buit if you do not innovate then you die... RIP... HMV

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sad day for another group of British workers losing their jobs.

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It will come to a point to where we will have no choice -but- to only buy from Amazon (only used the this particular name as an example. This statement does not represent my shopping habits), because there will not be any physical stores left.

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It will come to a point to where we will have no choice -but- to only buy from Amazon (only used the this particular name as an example. This statement does not represent my shopping habits), because there will not be any physical stores left.

i see where you are coming from, but there will always be stores left, the local councils can not do without the rates. if not stores, it will be gambling joints or cheap tat shops, or charity shops, something will always be there.

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a truly sad day... buit if you do not innovate then you die... RIP... HMV

Innovate in what way?

They tried selling hardware as well and that didn't work. they couldn't do anything now that the "MP3 age" is truly here. The only people who don't really buy music online or download it buy from supermarkets like Asda and Tesco etc.

The only reason they went down really was because of online stores and download sites, nothing they could do about it.

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a truly sad day... buit if you do not innovate then you die... RIP... HMV

I liked going off to HMV on a Saturday morning to buy a couple of DVDs.

Poor management and poor decision making have crashed the Titanic into the iceberg. Idiots!

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Innovate in what way?

They tried selling hardware as well and that didn't work. they couldn't do anything now that the "MP3 age" is truly here. The only people who don't really buy music online or download it buy from supermarkets like Asda and Tesco etc.

The only reason they went down really was because of online stores and download sites, nothing they could do about it.

Online retailers are able to undercut HMV because they dont have the expense of running 100s of stores and paying the wages of 1000s of staff. All they have to pay for is a warehouse with a few workers.

HMV isnt going to be the last big name to go. I predict the Dixons Group (Dixons, Currys and PC World) will be gone too before the years out. Marks and Spencers will go too and Tesco are currently looking unsafe. Theres a doom list on the internet with 150 business on it which includes most of our top high-street retailers.

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i see where you are coming from, but there will always be stores left, the local councils can not do without the rates. if not stores, it will be gambling joints or cheap tat shops, or charity shops, something will always be there.

Oh, you are right! I always forget about the councils! Yes, they wouldn't be able to do without business rates. And right again on the betting shops, pound stores and charity shops.

Thank you. I feel less worried now!

(I don't forget about my council tax btw. Hard to forget something that drains the life force of one's wallet once a month.)

;)

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sad day for another group of British workers losing their jobs.

What are your opinions of Remploy workers losing their jobs?

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Virgin music are already filing for bankrupcy in France.. nothing new under the world. You either adapt like Barnes and Nobles or you go down the drain. It's a new generation and new technics of retail. I'm a used book dealer but I will never go brick and mortars. I get customers from all over the world and kindle is still; no threat to me as most people still enjoy the hard copy pleasure of holding an truly old and valuable book.

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Online retailers are able to undercut HMV because they dont have the expense of running 100s of stores and paying the wages of 1000s of staff. All they have to pay for is a warehouse with a few workers.

HMV isnt going to be the last big name to go. I predict the Dixons Group (Dixons, Currys and PC World) will be gone too before the years out. Marks and Spencers will go too and Tesco are currently looking unsafe. Theres a doom list on the internet with 150 business on it which includes most of our top high-street retailers.

Yeah I know this, it was obvious it was coming.

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Innovate in what way?

They tried selling hardware as well and that didn't work. they couldn't do anything now that the "MP3 age" is truly here. The only people who don't really buy music online or download it buy from supermarkets like Asda and Tesco etc.

The only reason they went down really was because of online stores and download sites, nothing they could do about it.

Absolutely, just like the computers put a lot of people out of work, no more typing pools etc etc etc .

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What are your opinions of Remploy workers losing their jobs?

Whether disabled or not, its sad when someone loses their job.

"He added all disabled employees affected by the changes will be guaranteed "tailored support" from an £8m package, including a personal case worker, to help them move into mainstream employment." This is far more than many non disabled people are getting, personally I do not think anyone should be given extra support over the next man when it comes to job loses.....many may disagree with that, but as disable people want to be treated the same as everyone else, and so they should be, then everyone should be offered the same sort of support...if need be.

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I see nobody's heard of Remploy.. fair enough...

So let's get to the subject at hand as per HMV.

Tbh I'm a very infrequent customer of this store and it's not because of the latest tunes on somebody's downloaded playlist.

I only visit to check out the latest Prisoner Cell Block H DVD's but that dosn't mean I totally dislike music.

It's just that I havn't got the devices to reap the benefits of the music and prefer the videos instead.

So in a way I'm not only contributing to putting HMV out of business but I-Tunes are taking a knock-back.

But the teenagers should be shouldering most of the blame because they are the stores main target.

And if the main target is out of the equation then it's just going to go downhill from there on.

However it's not music that gets flogged at HMV but videos,mementos,books and even One Direction calendars.

Tbh I think the DVD buying market is more varied when it comes to a certain generation.

But old wrinkles like us can't do an Apollo and lift HMV out of adminsteration.

What can I say? You can't take away a teenagers I-Pod away because you know sulky they can be.

There's no easy fix here because the download market has stolen HMV's thunder.

Edited by Medium Brown

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Whether disabled or not, its sad when someone loses their job.

"He added all disabled employees affected by the changes will be guaranteed "tailored support" from an £8m package, including a personal case worker, to help them move into mainstream employment." This is far more than many non disabled people are getting, personally I do not think anyone should be given extra support over the next man when it comes to job loses.....many may disagree with that, but as disable people want to be treated the same as everyone else, and so they should be, then everyone should be offered the same sort of support...if need be.

What an absolute cavalier attitude to take...

You obviously havn't met many disabled people up on your barge.

Don't you realise how hard it is get a job being disabled despite the continuing support?

Who do you honestly think out of all the candidates are going to employed out of disabled or non-disabled?

It's all to do with interview techniques and having the confidence and nerves to handle the procedure.

Non-disabled people are more likely to be accepted because their people skills are better.

I've actually heard stories of ex Remploy workers topping themselves.

It's actually fortunate that these Social Enterprises are starting up.

This is how my ex factory manager describes his former charges on the Social Enterprise Facebook page he has set up..

" Dis-advantaged,dis-affected and dis- connected groups from the local borough".

Those words don't sound like we are equals with non-disabled people.

It's a good thing it's not an other of my ex-workmates replying to this.

Because the retail business is so vast these HMV workers can pick up where they left off.

It's sad of course but we need a sense of perspective here.

Edited by Medium Brown

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Virgin music are already filing for bankrupcy in France.. nothing new under the world. You either adapt like Barnes and Nobles or you go down the drain. It's a new generation and new technics of retail. I'm a used book dealer but I will never go brick and mortars. I get customers from all over the world and kindle is still; no threat to me as most people still enjoy the hard copy pleasure of holding an truly old and valuable book.

I hope you carry on, nothing beats a book. But while i was in France there was a programme about an old Italian book store owner who dealt in rare books, he was losing his business as he could no longer afford the building his shop was in and he would not take his business online, sad, but people have to adapt with the times.

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What an absolute cavalier attitude to take...

You obviously havn't met many disabled people up on your barge.

Don't you realise how hard it is get a job being disabled despite the continuing support?

Who do you honestly think out of all the candidates are going to employed out of disabled or non-disabled?

It's all to do with interview techniques and having the confidence and nerves to handle the procedure.

Non-disabled people are more likely to be accepted because their people skills are better.

I've actually heard stories of ex Remploy workers topping themselves.

It's actually fortunate that these Social Enterprises are starting up.

This is how my ex factory manager describes his former charges on the Social Enterprise Facebook page he has set up..

" Dis-advantaged,dis-affected and dis- connected groups from the local borough".

Those words don't sound like we are equals with non-disabled people.

It's a good thing it's not an other of my ex-workmates replying to this.

Because the retail business is so vast these HMV workers can pick up where they left off.

It's sad of course but we need a sense of perspective here.

I did say if "need be". Many disabled people are capable of getting work, its those out their who are not willing to employ them who are the problem, but this is changing.

I fully understand where you say about how difficult it is, but it is also getting more and more difficult for others too. I show absolutely no disrespect for anyone who is disabled and see any one who is exactly the same way as anyone else. Everyone should be given the same chance as the next man if capable of doing the job, and I know many disabled people are more capable than others who are not disabled.

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I applied for a Job in HMV in November and they said they were opening a number of stores here in the South, so question is, why open new stores if you know you are losing money?

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I applied for a Job in HMV in November and they said they were opening a number of stores here in the South, so question is, why open new stores if you know you are losing money?

To keep your value up on the stock market; to continue receiving investments (or to boost them) and to prevent a massive exodus of shareholders which in turn keeps the company making money. Valuation is largely based on how others perceive the state of a company or corporation as opposed to the realities on the ground. So, basically, to squeeze every last penny out of the company before it dies.

Edited by ExpandMyMind
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I applied for a Job in HMV in November and they said they were opening a number of stores here in the South, so question is, why open new stores if you know you are losing money?

have you asked them if you got the job yet?

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Virgin music are already filing for bankrupcy in France.. nothing new under the world. You either adapt like Barnes and Nobles or you go down the drain. It's a new generation and new technics of retail. I'm a used book dealer but I will never go brick and mortars. I get customers from all over the world and kindle is still; no threat to me as most people still enjoy the hard copy pleasure of holding an truly old and valuable book.

The really sad thing is that when all its senior management were sitting their business degrees they would have taught to differentiate themselves over competitors and neutralise any threats.

Yet HMV has done nothing about them for 10 years. Bad management.

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have you asked them if you got the job yet?

No they rang once for a place in a new store in Fareham but have not replied after that.

To keep your value up on the stock market; to continue receiving investments (or to boost them) and to prevent a massive exodus of shareholders which in turn keeps the company making money. Valuation is largely based on how others perceive the state of a company or corporation as opposed to the realities on the ground. So, basically, to squeeze every last penny out of the company before it dies.

A win-win situation?

Blockbuster has gone into admin too

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I never bought anything from HMV due to their prices they over charged the majority of the time. every time i went in to purchase a new release bluray i'd walk in with money in my pocket ready to go into their tills, but when you see for example Avatar priced at 49.99 in store. (no joke) and you come home go on amazon and buy the same product for £18.00, star wars saga HMV price £100,00 Amazon price £52.99 then you can see were their going wrong. this is just one example. but this as happened numerous times. in my view they've priced themselves out of the market. as for HMV online i believe this is run separate so i guess they'll carry on as a online retailer but still their prices cannot match Amazon or Play.com.

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I did say if "need be". Many disabled people are capable of getting work, its those out their who are not willing to employ them who are the problem, but this is changing.

I fully understand where you say about how difficult it is, but it is also getting more and more difficult for others too. I show absolutely no disrespect for anyone who is disabled and see any one who is exactly the same way as anyone else. Everyone should be given the same chance as the next man if capable of doing the job, and I know many disabled people are more capable than others who are not disabled.

Soz. It felt like you were channelling Maria Miler and her sodding Sayce review.

I believe there is quite a few disabled people capable of gainful employment including the deaf contingent.

Even Aspies like me can knuckle down it they follow a set routine and are vastly experienced at their specific task.

However Aspies can't look people in the eye and that partially explains my dithering because I can't handle the fact of rejection.

But because I know the interviewers this is not an obstacle in itself so for once I'm feeling confident and upbeat.

However because this Social Enterprise is an one shot deal and only specialises in doors and windows it's going to put some people at a disadvantage.

You could say I'm getting angry on their behalf and not from a more personal level.

These are ones who can't do heavy lifting and are not even going to get an other chance.

All they can do really are sitting down jobs in a sheltered environment.

I really pity these guys because they won't get a second crack at the whip as well as then losing touch.

Maria Miller said every disabled person could get a job in mainstream employment but she's talking through her backside.

Even a few successes here and there won't lesson the collective annoyance of ex Remploy workers.

Edited by Medium Brown
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