Luton HMV store set to close
Luton’s HMV store is to close, the company’s administrators Deloitte have announced this morning.
The “loss-making” store is one of 66 across the country that will close.
The company is closing 66 of its 220 stores across the country over the next two months. No date has been fixed for the closure of the Luton store and it will continue to trade in the meantime.
The Watford and St Albans stores will also close but Milton Keynes will remain open.
More than 900 staff will be affected by the closures.
Nick Edwards, joint administrator, said: “As part of our ongoing review of HMV’s financial position, we have now completed a review of the store portfolio and have identified 66 loss-making stores for closure.
“This step has been taken in order to enhance the prospects of securing the business’ future as a going concern.
“We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period.
“All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business.”
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Weather for Luton
Saturday 25 May 2013
Temperature: 5 C to 15 C
Wind Speed: 13 mph
Wind direction: North
Temperature: 6 C to 18 C
Wind Speed: 10 mph
Wind direction: North west