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  • Fine, let's do a Substack then.
  • The 2022 Popjustice Twenty Quid Music Prize: shortlist
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HMV are still going strong(ish)

  • January 9, 2012
  • Brad O'Mance

The UK's last remaining music chain HMV has insisted it's here to stay, despite half-year losses of £46m and like-for-like sales for the Christmas period down 8.1%.

As quoted in The Guardian, chief executive Simon Fox said: "Undoubtedly trading con­di­tions and the consumer envir­on­ment remain chal­len­ging, but we remain confident in HMV's future prospects … and that it will be around for some time to come."

The company's shift in focus to more tech­no­logy-based mer­chand­ise does seem to be paying off, however, with like-for-like sales in tech­no­logy up 51%.

Fox made no mention of whether or not bulk buying shitloads of JLS mer­chand­ise was such a smart move.

  • HMV
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Further reading
  • 1
    Congratulations to Charli XCX and Lorde: winners of the 2024 Popjustice Twenty Quid Music Prize
  • 2
    The 2024 Twenty Quid Music Prize: Shortlist
  • 3
    The 2023 Popjustice Twenty Quid Music Prize: Shortlist
  • 4
    Fine, let's do a Substack then.
  • 5
    The 2022 Popjustice Twenty Quid Music Prize: shortlist
  • 6
    2021 Popjustice Twenty Quid Music Prize: Laura Mvula wins
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