HMV’s Falkirk store among those to be axed

HMV called in the administrators in January
HMV called in the administrators in January

Falkirk’s HMV is one of 66 branches that will close.

Today’s announcement was a major disapointment for the many people locally who thought the store in the Howgate Shopping Centre may escape the axe.

The affected outlets will close over the next two months.

Joint administrator Nick Edwards of Deloittes said: “We have now completed a review of the HMV portfolio and have identified 66 loss-making stores for closure.

‘‘This step has been taken in order to enhance the prospects of securing the business’ future as a going concern.

“We continue to receive strong support from staff and are extremely grateful to them for their commitment during an understandably difficult period. All other key stakeholders remain very supportive and I continue to be hopeful of securing a future for the restructured business.”

HMV called in administrators in last month.