HMV / 4,500 jobs at risk

The chief executive of HMV, Trevor Moore, has given an impassioned defence of the chain, which will formally slide into administration on Tuesday, insisting it still deserves a place on Britain’s high streets.

“Ian [Kenyon, HMV’s finance director] and I are really passionate about working with the business,” said Moore, the former Jessops boss who joined HMV in September. “I would very much like to be involved … if the opportunity presents itself.

“HMV was recently voted one of the top 10 names people most wanted on their high street … A high street without HMV is not as attractive as it is with one. We know our customers feel the same way.”

Moore repeatedly thanked suppliers for having been supportive, despite the failure in recent weeks of the group’s major creditors – banks, landlords, film houses and record labels – to agree revised terms that would keep HMV afloat.

Choosen excerpts by Job Market Monitor from

via HMV calls in administrators – putting 4,500 jobs at risk | Business | guardian.co.uk.