Like-for-like
retail sales have fallen 15.1 per cent with total sales, including the impact
of 29 store closures, indicating an overall fall of 21.8 per cent.
Battling
competition
One
of the problems for HMV is that it has faced stiff competition from
supermarkets and online downloads, which have eaten into the sales of CDs and
DVDs.
As
a consequence, HMV has attempted to reorganise its business with trials of a
new store format; while in June it agreed a £220million refinancing deal with
its banks while selling the Waterstone’s book chain and its Canadian arm.
Now
it hopes to refocus by offering more technology products including MP3 players,
tablet computers and headphones, as well as offering live music and event
ticketing.
Deals to seize
While
it may be unfortunate to hear of the fall of another major retailer, Irish
consumers will be thrilled with the offers available as HMV bids to attract
more business.
The
company has issued a host of voucher codes via 5hop5.ie, which offer
substantial savings on everything from CDs to DVDs. Here we take a look at some
of the leading HMV voucher codes
that will be expiring soon:
-
Jay
Z: Kanye West – Watch the Throne for £8.99 (offer ends September 15).
-
Sucker
Punch for £9.97 (offer ends September 15).
-
Harry
Potter Years 1-7 Boxset for £24.93 (offer ends September 25).
-
Kings
Speech for £9.99 (offer ends September 19).
