HMV's loss announcement raises concerns

12/10/2010 | Guardian (London), The

HMV announced losses of £40 million, prompting concerns about its future. HMV has been plagued by competition from online retailers, digital downloads and other retailers, such as supermarkets. Analysts predicted that HMV, which has more than 400 outlets in the UK, will close some stores.

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Guardian (London), The

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