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HMV UK Administration Gets Real As Online Ordering Stops



Then in 2008 came the global financial crash. High street retailers were some of the hardest hit in the chaos that ensued, with many long-established names such as Woolworths, who had once been a competitor, disappearing from view. Music retailer Zavvi, who had taken over the chain of stores previously run by Virgin, also retreated to an online-only presence as the harsh realities of the situation started to bite.


HMV customers can receive the download code for the track belowby either pre-ordering Def Jam Rapstar for PlayStation 3 or Xbox 360online or picking up a voucher from HMV when bought in store(whilst stocks last).




HMV UK administration gets real as online ordering stops



Just because the company has successfully exited administration by way of the sale, this does not mean things will be plain sailing from this point onwards. Although debt levels may have reduced, the issues which led to the debt accumulating in the first place are likely to still be present, and unless these are addressed then there is a very real risk that the situation will reoccur. 2ff7e9595c


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