HMV Belfast Survives Company Takeover

HMV's Belfast store in Donegall Arcade has been saved following a company takeover by Canadian retailer Sunrise Records.

Sunrise bought the company out of administration, and announced plans to close 27 of the outlet's 127 UK stores.

The 27 stores, which include London's flagship Oxford Street shop, will close with immediate effect.

The Belfast store will continue trading.
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HMV went into administration just after Christmas last year, marking the second time the company has collapsed in recent years.

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