Ian Scott International


HMV’s Flagship Store, Oxford Street, London

The Evening Standard have reporrted that HMV’s highly profitable flagship store on Oxford Street is likely to survive any potential rescue deal. On the other hand its loss making shop in Picadilly’s Trocadero has been tipped to close.

After falling into administration and appointing Deloitte, there have been more than 50 initial expressions of interest in HMV.

The Oxford Street shop makes annual profits in the region of £1,300,000 whilst the Trocadero Picadilly shop loses around £700,000.

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