Business News Retail
By Chris Cooke | Published on Tuesday 13 September 2016
HMV owner Hilco has responded to criticism from its former staff in Ireland, whose redundancy payments were further delayed last week when the Irish side of the entertainment retail group was put into liquidation.
As previously reported, when Hilco bought HMV out of administration in 2013, that included the Irish business. A streamlined network of stores was reopened in the country, and HMV-branded sections were introduced into the also Hilco-owned Xtra-vision chain of DVD outlets. But then Xtra-vision was wound down, and earlier this year it was announced that the four standalone HMV shops in Ireland would also clo…
Read the full article at: http://www.completemusicupdate.com/article/hmv-owner-responds-after-ex-staff-affected-by-liquidation-of-irish-business/