HMV store closures: 27 shops to close IMMEDIATELY after Canadian rescue | City & Business | Finance
[ad_1] Sunrise beat off competition from the likes of UK business tycoon Mike Ashley for the crisis-hit firm. The Canadian retail giant will buy 100 of HMV’s stores securing nearly 1,500 jobs, but 27 unprofitable shops will close immediately, resulting in 455 redundancies. KPMG, which oversaw the process, will retain a further 122 employees at…