HMV plans to open 10 new stores this year

HMV has had a turbulent few years after falling into administration for the second time in six years back in 2018, but in early 2019 the company was bought out by Sunrise Records' Doug Putman, who saved 100 stores from closure.

Today (20 July) marks the 100th anniversary of HMV's first store, which was located on London's Oxford Street before the flagship store closed more than two years ago.

Despite the pandemic, owner Putman has revealed he wants to open 10 new stores this year. He told BBC, "People obviously love going out shopping, they like touching and feeling and that's something that online is not going to replace."

Putman didn't share any information about plans for where the replacement London flagship store will be, but did say they're having a "very hard look" at trying to find the best possible site.

According to BBC, a HMV spokesperson said, "We're continuing to expand with new sites, looking at a combination of factors before making a decision. The upcoming business rates review will no doubt have an impact, not only on HMV, but on the wider British high street. In some locations, even with good deals from landlords, rates make stores unviable."

To celebrate #happy100hmv @edsheeran will be playing a very special anniversary show at @hmvempire

Lucky winners of a free prize draw will be invited to attend. UK residents only

For your chance to win and full event details visit: https://t.co/i6A4EiwoG3 pic.twitter.com/ysrk1AP6YD

— hmv (@hmvtweets) July 20, 2021