Troubled Music Retailer HMV Sees Eight Percent Drop In Christmas Sales
"HMV, which owns 252 stores in the UK, said its plans to shift its focus to technology products, by refitting stores with an extended gadget range, saw group like-for-like sales fall 8.1% in the five weeks to 31 December. But in the 144 stores refitted with an increased range of portable digital products, like-for-like technology sales were up 51%." The Guardian (UK) 01/09/12

Posted January 9, 2012 05:06 AM