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Sussex jobs at risk as HMV calls in administrator
8:31am Tuesday 15th January 2013 in News
The music has stopped for a major retail chain.
HMV has called in administrator Deloitte to find a buyer for the stricken outlets.
The outlets in Brighton, Worthing Eastbourne, Horsham and Crawley will remain open while a buyer is sought to safeguard more than 60 jobs in the county.
The company's administration also means that vouchers and gift card which were given as Christmas presents will be worthless.
Tony Mernagh, executive director at the Brighton and Hove Economic partnership predicted HMV would collapse in the wake of the demise of Jessops.
Neil Saunders, managing director of retail consultancy Conlumino, said the collapse of HMV was inevitable.
He said: "In the digital era where 73.4% of music and film are downloaded or bought online, HMV's business model has simply become increasingly irrelevant and unsustainable."
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