As the picture above
shows though, HMV's history goes back much further than that. Its first store
opened in 1921 under an elaborate neon sign featuring the company's emblem of a
dog listening to a gramophone beneath the words "His Master's Voice."
Fast forward to
today and the old-school seller has suffered gravely from the same online shift
that has affected many others. It has called in
administrators after failing to negotiate new terms over its bank debt, and
unless a buyer steps up to take over the chain's 240 stores then as many as
4,350 people will be let go.
According to Metro,
the many HMV gift vouchers that would have been given and received over
Christmas are now effectively "worthless." On the other hand, the
British personal finance guru Martin Lewis reckons gift vouchers shouldn't be
thrown away as they may be redeemable one day, or there may be a chargeback
option if they were purchased with a credit card.
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