HMV Voucher? Use it or lose it!!
It has been reported that HMV have called in administrators KPMG for the second time in 6 years.
The owners are blaming the second demise on the shift in the way we shop, ever increasing business rates and the move to digital downloads.
The company is hopeful of finding a buyer and in the meantime says that all the shops will remain open while going through that process.
There is no obligation on the administrators to honor gift vouchers, so if anybody got them for Christmas, use them as soon as possible or you may lose out.
It is likely that HMV are the first retailer to become a casualty of poor Christmas spending.