HMV’s Trafford Centre store and Manchester City Centre’s Fopp store are to close after the Canadian firm Sunrise Records emerged as the buyer of the collapsed music chain.

The firm will buy 100 stores out of administration, securing 1,487 jobs, but 27 stores will close, resulting in 455 redundancies.

HMV said in December that it was calling in administrators, blaming a worsening market for entertainment CDs and DVDs, to become the latest victim of brutal trading conditions in The High Street retail sector.


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