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HMV confirms three more stores will close

HMV has confirmed that it will close three stores, with 10 more in danger unless landlords agree to lower rents.

HMV’s in Bury St Edmunds and Nuneaton and a Fopp in Glasgow will shut at the end of January, with new tenants already lined-up to move in to the properties.

HMV said it could no longer keep the stores open due to “extortionate” business rates.

The Guardian

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