Looks like HMV in trouble
tim59
Posts: 47,188 Forum Member
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HMV in trouble in talks with banks as will not be able to meet its commitments BBC news
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tim59
Posts: 47,188 tim59
Posts: 47,188 tim59
Posts: 47,188 tim59
Posts: 47,188
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Sales down by 13.5% on this time last year
LOL thats exactly what I do! And I agree. If it's listed as £22 in HMV but £12-£15 online with FREE postage, why the hell would I pay the price at HMV?... They need to price themselves better and more competitively I think
like the rest of the economy
A lot of people use them as a reference library, they look to see if there is anything of interest and go home and download it.
But are those people in the shop actually buying? The shop can be packed, but if most of the people walk out empty handed, then the company's not going to be making much money.
You don't even need to go online to beat their prices, I was looking to buy Disney's Brave for my daughter for Christmas. In HMV it was £12, ther very next shop along in the arcade was ASDA where you could get it for £10. If you really wanted to then 5 minutes walk away was Sainsburys where you could shave it down to £9.99.
If you can't even compete with the shop next door you're not going to do well.
exactly!
We are in troubled times, people havent got the money anymore. With the reccession hiting is all, there is going to be casualties. I know people dont want it to fall, they said the same about Woolies but with things the way they are there isnt time for sentiments
I do the opposite. I check reviews on Amazon and then go buy it in HMV. Sometimes it is a little more expensive but I would get it immediately and if something does go wrong I can take it back straight away.
Oh I do still buy in HMV if I really really can't wait a few days but for the most part I don't mind waiting 3 days for a DVD if it's going to be £6 less. I've never had any issue with Amazon itself. I did buy something from a secondary party which turned out to be region 1 but I had no problem sending it back and getting a refund straight away
Everyone got on their high horse about Starbucks, but I have yet to see the backlash against Amazon.
Sick of hearing people complaining that their small local bookshop has been closed down, then go onto Amazon and download a book to their Kindle.
Go and buy your chart music at Asda, but try finding an album that is older than a month. You won't get the same back catalogue in a supermarket.
Oh and Asda is owned by wal*mart. Shall we go into their practices with staff pay, especially in America.
Support companies who pay they taxes, pay their staff a decent wage, and have had a long history in this country. Without HMV the Beatles wouldn't have cut their first demo at 363 Oxford Street.
HMV is still a British company. (Rant over)
Well obviously some people do or it would have gone bust a while ago...
The stronger argument is for your own personal economy - buy from Amazon if it's cheaper. Whether or not they pay the correct amount of tax in the EU (because this is the point, it's not a UK issue) is not for you to debate or decide.
HMV only exists for those who prefer to browse - the browsing experience isn't the same online. Plus, the returns process if you are unlucky is far simpler.
Browsing doesn't pay the rent and rates on the shops, the utility bills, the staff wages, the transaction and banking charges, etc.
But, don't be surprised when the High Street is a ghost town - online selling is already killing it. Soon it will be all coffee shops and fondleslab emporiums.
Also I think we are a nation of early adopters, quite impulsive people who latch on to new ideas like out-of-town retail parks and online shopping (and pay TV, mobile phones etc). Invariably the new ideas benefit the big companies which have the foresight to invest in them whilst the old companies are slow to catch up. There's something in our national psyche that skews our values towards the new and stops us from appreciating what we've got until it's gone.