Newport HMV store shuts down

South Wales Argus: CLOSED: Newport's HMV store CLOSED: Newport's HMV store

THE HMV store in Newport city centre closed yesterday after a busy final day's trading in which shoppers could pick up selected items at up to 80 per cent off the recommended price.

Even fixtures and fittings were on sale on a day that brought the entertainment retailer's tenure on the city's Commercial Street to an end after more than a decade.

Closure also brought the end of a topsy-turvy year for staff at the store. They, along with hundreds of other HMV staff across the UK, had first faced the prospect of losing their jobs early last year, after the company - which at the time had more than 200 stores - went into administration.

But the Newport store and scores of others nationwide were saved by retail restructuring firm Hilco UK.

Trading continued, but last month it was announced that the Newport store was among several set to close. Others included a flagship technology store in Islington in London, and shops in Kettering, Leamington Spa, and on the Isle of Wight.

Hilco UK was unavailable for comment today and has previously refused to reveal the reasons for the Newport closure, though there have been unconfirmed reports that the issue of rent is involved.

The closure is yet another retailing blow for Newport city centre. A city council spokesman called it "disappointing" but added:

"This decision taken by HMV will be a commercial one, and although the council is doing everything in its power to regenerate the city centre, it has no control or influence over the level of rents being charged by private commercial landlords.

"If HMV is interested in another location in the city centre, we will help to put them in touch with contacts, which could include Queensberry, the developers of the Friars Walk leisure and retail scheme which is due to open next year."

Comments (7)

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7:47pm Sun 12 Jan 14

nodnyl says...

The only reason i had to shop in Newport ! bye HMV and good luck to the staff hope you all find jobs soon!!!
The only reason i had to shop in Newport ! bye HMV and good luck to the staff hope you all find jobs soon!!! nodnyl

7:50pm Sun 12 Jan 14

Captain Tripps says...

More bad news . The only places in town now are the new place on commercial St and the market for dvds . I can see all future sales of dvds will be online within the next 5 years .
More bad news . The only places in town now are the new place on commercial St and the market for dvds . I can see all future sales of dvds will be online within the next 5 years . Captain Tripps

8:30pm Sun 12 Jan 14

Magor says...

Only 2 units left at Spytty,not all doom and gloom for Newport.
Only 2 units left at Spytty,not all doom and gloom for Newport. Magor

11:58pm Sun 12 Jan 14

Lockjoe says...

In the 3 years I have been in Newport I have learned how quick charity shops take up residence. The premises probably won't be empty long!
In the 3 years I have been in Newport I have learned how quick charity shops take up residence. The premises probably won't be empty long! Lockjoe

3:05pm Mon 13 Jan 14

monkeyboy70 says...

This is another nail in the coffin for Newport.
This is another nail in the coffin for Newport. monkeyboy70

5:49pm Mon 13 Jan 14

newportscum says...

Dunn! Dunn! Dunn! Another one bites the Dust!!!
Dunn! Dunn! Dunn! Another one bites the Dust!!! newportscum

10:37pm Mon 13 Jan 14

cymruamblyth says...

Funny as according to a few people on this forum nobody shops in Spytty or Cwmbran, everybody shops in Newport!!
Funny as according to a few people on this forum nobody shops in Spytty or Cwmbran, everybody shops in Newport!! cymruamblyth

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