So, perhaps you should have all listened to the boss of the rescued HMV, Hilco's Paul McGowan, when he told the Telegraph last month that the high street entertainment retailer was doing just fine thank you very much, rather than you all shaking your heads and muttering, "Yeah, right, you're doomed really aren't you?"
Of course, now in private ownership, HMV's financials aren't so public, but McGowan claimed like-for-like sales were up 9.2% for the second quarter of the year, and while the high street disk seller is still a long way off regaining any crown off big boy Amazon, it is seemingly starting to reclaim ground off the pesky supermarkets.
Posted on: 07/08/2014Categories: News from CMU Online
