Scotland business

HMV administrators to close 11 Scottish stores

HMV store
Image caption Nearly half of the store closures in Scotland will be in Edinburgh

Administrators of HMV have confirmed that 11 of its stores are to close in Scotland over the next two months.

Deloitte said Edinburgh would lose five stores, while three would close in Glasgow.

HMV outlets in Kirkcaldy, Falkirk and Dumfries will also to be shut.

They are among a total of 66 UK-wide store closures announced by the administrators, following the collapse of the music and DVD retailer in January.

The affected UK stores employ a total of 930 staff, but Deloitte has not said how many of those are based in Scotland.

Last week, it was confirmed that about 190 jobs had been shed across HMV's head office and distribution network.

HMV entered administration in January, having faced intense competition from online retailers, digital downloads and supermarkets in recent years.

HMV currently operates from 220 stores in the UK.

Joint administrator Nick Edwards 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."

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