Hilco's bid to return HMV to its glory days saw the retailer superstore liquor store flyer reopen at

It's superstore liquor store flyer one of the biggest musical comebacks of all time and no I'm not talking about Kate Bush. High-street music retailer HMV says it is close to wresting the title of UK's biggest music and DVD retailer back from Amazon as Britons rediscover the charm of actually going into a shop and buying a CD or a record.
Regaining its high-street crown would be a remarkable achievement for HMV, which went bust just 18 months ago, felled by the toxic combination of declining physical music sales, expensive shop rents and huge debts.
The stricken business superstore liquor store flyer was rescued superstore liquor store flyer by the little-known turnaround firm Hilco , which has also been involved with Habitat and Clinton Cards in the past. Its chairman Paul McGowan says the commonly held view that digital superstore liquor store flyer (music) was killing the physical "was never true". superstore liquor store flyer "Only 30% [of music buyers] switched to digital 70% of the market is still physical." It's only a "matter of time", he adds, before HMV reclaims the top spot from Amazon, which banks 20% of UK music and DVD sales versus HMV's 19%. Sales at HMV stores have increased nearly 14% in the past two months, including a 21% increase in sales of CDs and vinyl records.
Key to HMV's resurgence has been an increase in live performances, with more than 300 acts ranging from Ed Sheeran to Megadeth pitching up in stores to plug their latest releases. The retailer says an expanding roster of live acts is a win-win, superstore liquor store flyer as Sheeranators, for example, are able to get up close and personal, while at the same time the mini gigs pull in extra punters and sales. They are also good news for record labels too, says HMV, with live performances able to make the difference between a No 5 album and a No 1.
With annual sales of close to 500m, HMV is half the size it used to be, with just 125 stores in the UK. Hilco closed loss-making stores and stopped selling superstore liquor store flyer iPads and tablets, instead returning to HMV's traditional stomping ground of band merchandise superstore liquor store flyer such as T-shirts. It is now back on the expansion trail with new stores planned in the UK and Ireland, where the chain was initially shut down completely. superstore liquor store flyer
Hilco's bid to return HMV to its glory days saw the retailer superstore liquor store flyer reopen at 363 Oxford Street, the London location of its first store, superstore liquor store flyer complete with retro neon "His Master's Voice" sign last year. In 1921, music fans made do with the composer Sir Edward Elgar but this time round it was Sir Paul McCartney signing autographs. "All we are doing is making sure that when you come to our stores you enjoy the experience," superstore liquor store flyer continues McGowan. superstore liquor store flyer "This is about being an authority in music, not selling music as a commodity."
This article was amended on 2 September 2014. An editing error caused superstore liquor store flyer an earlier version to say that Hilco had Habitat superstore liquor store flyer and Clinton Cards on its books. Hilco sold Habitat in 2011; it oversaw a store closure programme at Clinton Cards in 2012 but never owned the card retailer.
About this article
Move over Amazon, HMV is getting people back in stores This article was published on the Guardian website at 11.59 EDT on Monday 1 September 2014 . A version appeared on p2 of the G2 section of the Guardian on Monday 1 September 2014 . It was last modified at 10.52 EDT on Tuesday 2 September 2014 .
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