HMV in administration - hope you've no vouchers!

[byegad]

I wonder how they get away with not honouring vouchers and Gift cards? Surely an HMV Gift card should be honoured, they've had the money and surely that's a contract to supply?

This Xmas I strongly refused to buy vouchers for anyone and where they asked for them they got real money. Glad I did this as one relative, a keen music buff, wanted... you've guessed it, HMV Vouchers. At least the Bank of England hasn't gone bust....YET!

 

[Hotblack Desiato]

Banks, by their very definition ain't shops

Don't be such a smart arse. They are as much shops as b/socs and estate agents. And of course they are mostly 'under' already. Under state management. Hence my whistly smilie thingie.

 

[green1]

I wonder how they get away with not honouring vouchers and Gift cards? Surely an HMV Gift card should be honoured, they've had the money and surely that's a contract to supply?

Your end up being a unsecured creditor, so your behind all the secured creditors when it comes when it comes to getting your cash back out of the business.

 

[ianrauk]

That's interesting, can you expand on that?

I'd thought that online sales and download streaming is what has killed off HMV, it's strategy to go into media and technology was not thought out so is this what you was refering to?

I'm not going to go into detail. But a lot of it is a case of bad buying and selling policy.

 

[threebikesmcginty]

£17.01

 

[threebikesmcginty]

I'm not going to go into detail. But a lot of it is a case of bad buying and selling policy.

The 'Country' section in our one is was woeful, so I'd have to agree with you.

 

[Archie_tect]

HSBC... 49% owner. Sigh.

 

[threebikesmcginty]

[QUOTE 2255797, member: 259"]To be fair, that's not just limited to HMV is it though? [/quote]

I know I know, our local guy used to be good until the high rents forced him out of business, Buds Country Music Store in Penge was another good un.

 

[Archie_tect]

Woeful: the singers or the selection for sale....

 

[threebikesmcginty]

Woeful: the singers or the selection for sale....

It takes sophistication to appreciate, Archie old bean - you're from the North East and you wouldn't understand.

 

[Matt1705]

£20.01

 

[Archie_tect]

Yee-harr Fat-Belly...
That's a whole mess o'beans you got there son!

 

[EltonFrog]

Don't be such a smart arse...

Well! Really! How rude!



<flounces off in a cloud of talc>

 

[Fnaar]

What will happen to Nipper?

 

[MontyVeda]

HMV is the only record store in Lancaster (Sainsbury's doesn't count, sorry). We used to have a few good indipendent record shops but HMV with its prominent position meant they couldn't stay open for long.

Good riddance I say. They sell sh!t to people with a sh!t taste in music.