As the title say’s another one about to go, okay not huge daily deliveries but theres a supply chain to this as well outside the 4000 store jobs!! The name will probably be saved for an online presence but the 4000+ real jobs?
http://news.sky.com/story/1038002/hmv-poised-to-call-in-administrators
No shock there, they were said to be in trouble years ago then a revamp give them a bit of staying time but even before Christmas it was said they wouldn’t last through January. If you go on HMV’s website you end up at something to do with Amazon usually, I guess HMV will disappear before too long.
Totally obsolete business model, there will be plenty more High Street retailers going to the wall this year. It’s cheaper and easier to get the product they sold online.
Most people don’t buy what HMV sell, they just download it illegally. The same people go into Starbucks and pay £3.50 for a coffee !
Kerbdog:
Most people don’t buy what HMV sell, they just download it illegally. The same people go into Starbucks and pay £3.50 for a coffee !
Love this post!!! ■■■■ right…and pay £120/hour to get their car ‘serviced’!
Kerbdog:
Most people don’t buy what HMV sell, they just download it illegally. The same people go into Starbucks and pay £3.50 for a coffee !
You can even go into starbucks pay £3.50 for a coffee and while your drinking it use the free wifi to download the CD, you could have just paid £10 for at HMV 
Okay from our side of the fence probably not to many job losses in warehousing/transport on this one
The big question though is which traditional retailer is next and this one I think will have a bigger impact for both warehousing and drivers, this one does your sat navs bikes and in car entertainment and has been issuing struggling statements for the last 3 years
Kerbdog:
Most people don’t buy what HMV sell, they just download it illegally. The same people go into Starbucks and pay £3.50 for a coffee !
I went to a live music gig with a few mates over Xmas & was semi impressed by 1 song on a set list of 15. That 1 song, specifically the drum beat, bugged me so much that I downloaded their whole back catalogue for the sum total of £0 just to find that 1 song.
Listening to what I downloaded for the sum total of £0 in my own time, in my own environment, I found that I actually like most of what they’ve recorded.
So I spent £40ish on Amazon to download the lot.
99% of the people I know would do exactly the same, these are the people I call my friends. They are not basically dishonest, they tend to like music & appreciate that an artist & their talent should be rewarded.
A few of my mates also frequent Starbucks (I don’t), they’re in a line of business that you will never understand, but you need to understand this. They don’t sit in Starbucks to enjoy a £3.50 cup of coffee . . . !
Do you understand, I don’t think that you do.
They have just announced they are going into administration as of first thing tomorrow.
I never found their products to be that cheap TBH. £15-16 for an album when the same can be had on itunes for £8. I’m sorry but people will go to the net for their purchases. Sad for the people that work there. The overheads for the stores (which tend to be quite big + staffing costs) contribute to the costs.
I suppose the same is true of Game - the same things can be had a bit cheaper from play.com etc.
I used to buy CD’s when they were £15 a pop but they lowered their prices back to £10 average roughly mid 2000 when downloading really took off.
Bought the Mrs 2 latest chart CD’s from HMV just before Christmas for £15 the pair.
I think CD’s and DVD’s will always have a place even in the age of downloading
bazza123:
I suppose the same is true of Game - the same things can be had a bit cheaper from play.com etc.
Do keep up my dear fellow…play.com is closing in March.
The whole music industry is a victim of itself. Just before downloading became an issue all the shops were selling CD’s at close to £15 (I know because I used to buy them a lot). If you remember there was a hoo hah because it only costs £1 to make and manufacture the CD and get it to the shops. Then the music industry didn’t act fast enough with regards to illegal downloading. Now it’s around 70p per track to download songs you want. 3 chart CD’s in ASDA for £20 all of a sudden. If they hadn’t ripped everyone off in the first place then they wouldn’t be so much of a victim later on when technology moved on. A Vinyl LP was always either £4.99 or £5.99. The CD came out and straight away the price was £11.99. It’s like anything, people/companies are greedy when they can get away with something.
ThrustMaster:
bazza123:
I suppose the same is true of Game - the same things can be had a bit cheaper from play.com etc.Do keep up my dear fellow…play.com is closing in March.
Well I didn’t know that! Something to do with VAT it says on Wiki.
Kerbdog:
The whole music industry is a victim of itself. Just before downloading became an issue all the shops were selling CD’s at close to £15 (I know because I used to buy them a lot). If you remember there was a hoo hah because it only costs £1 to make and manufacture the CD and get it to the shops. Then the music industry didn’t act fast enough with regards to illegal downloading. Now it’s around 70p per track to download songs you want. 3 chart CD’s in ASDA for £20 all of a sudden. If they hadn’t ripped everyone off in the first place then they wouldn’t be so much of a victim later on when technology moved on. A Vinyl LP was always either £4.99 or £5.99. The CD came out and straight away the price was £11.99. It’s like anything, people/companies are greedy when they can get away with something.
Exactly. People haven’t forgotten how much they were paying for CD’s etc, and illegally downloading music still isn’t really seen as a bad thing in the same way as, say, drink driving has become. As much as the music and film industry want us to hate pirated copies of music and films, most people IMHO don’t really give a [zb].
That hasn’t really helped the likes of HMV etc.
bazza123:
ThrustMaster:
bazza123:
I suppose the same is true of Game - the same things can be had a bit cheaper from play.com etc.Do keep up my dear fellow…play.com is closing in March.
Well I didn’t know that! Something to do with VAT it says on Wiki.
Kerbdog:
The whole music industry is a victim of itself. Just before downloading became an issue all the shops were selling CD’s at close to £15 (I know because I used to buy them a lot). If you remember there was a hoo hah because it only costs £1 to make and manufacture the CD and get it to the shops. Then the music industry didn’t act fast enough with regards to illegal downloading. Now it’s around 70p per track to download songs you want. 3 chart CD’s in ASDA for £20 all of a sudden. If they hadn’t ripped everyone off in the first place then they wouldn’t be so much of a victim later on when technology moved on. A Vinyl LP was always either £4.99 or £5.99. The CD came out and straight away the price was £11.99. It’s like anything, people/companies are greedy when they can get away with something.Exactly. People haven’t forgotten how much they were paying for CD’s etc, and illegally downloading music still isn’t really seen as a bad thing in the same way as, say, drink driving has become. As much as the music and film industry want us to hate pirated copies of music and films, most people IMHO don’t really give a [zb].
That hasn’t really helped the likes of HMV etc.
Even in the 1970’s and 80’s it was usually more common to just use a decent cassete deck and hi fi system to record music from the radio.Given good FM reception and the later chrome and metal type tapes there’s no real noticeable difference between the reproduction compared to CD etc.Which became even better when digital radio through the sattelite or cable tv systems was introduced.But there weren’t many poor music stars or producers probably just from the royalties they got from the radio broadcasters.
Harry Monk:
Totally obsolete business model, there will be plenty more High Street retailers going to the wall this year. It’s cheaper and easier to get the product they sold online.
It is in the current climate but you have to question just how long the online model can be sustained
So HMV are in administration and 4000 jobs are at risk. That would be 4000 people who no longer earn money and so therefore cannot spend anything online?
Its the same as the self service checkouts - Yes companies are saving wages but its these wages that allow employees to actually spend in their store
There is so much of this now that the future worries me and it seems very short sighted and greedy but the big corporations
ThrustMaster:
bazza123:
I suppose the same is true of Game - the same things can be had a bit cheaper from play.com etc.Do keep up my dear fellow…play.com is closing in March.
Which March? I have just had an email from Play. Rakuten saying how many new lines they are launching for 2013
edwardj:
Kerbdog:
Most people don’t buy what HMV sell, they just download it illegally. The same people go into Starbucks and pay £3.50 for a coffee !You can even go into starbucks pay £3.50 for a coffee and while your drinking it use the free wifi to download the CD, you could have just paid £10 for at HMV
Okay from our side of the fence probably not to many job losses in warehousing/transport on this one
The big question though is which traditional retailer is next and this one I think will have a bigger impact for both warehousing and drivers, this one does your sat navs bikes and in car entertainment and has been issuing struggling statements for the last 3 years
I hear Hal has brought a couple of Fords?
all very sad ,but the former ceo simon fox has a lot to annswer for , not reacting to the maket quick enough.
i dont think he will loose to much sleep,typical greasy pole management style I.E following the sheep, pocketing the cash , walking away leaving a train wreck of a company.
see link.
spreadbetmagazine.com/blog/
I heard somebody say that the boss at hmv was the boss at jessops recently
skids:
I heard somebody say that the boss at hmv was the boss at jessops recently
Thats right he was boss at Jessops…wont look very good on his CV