HMV To Stock More Vinyl

More space for music at troubled retailer

HMV is planning to increase the amount of vinyl they stock in their high street stores, a spokesman for the retailer has revealed.

Speaking after a “disappointing” Christmas period, which saw HMV suffer an 8.1 per cent drop in sales, a spokesman for the company told NME that they remained optimistic for the future and intended to address recent difficulties by making a number of changes, including extending their range of vinyl in-store.

They said: "A lot of our customers have been asking us to increase the amount of racking we dedicate to music in-store and we’re pleased to say we’ll be doing a lot more of that soon – in fact we’re also planning to significantly increase our range of vinyl in quite a few locations as well."

The spokesman also promised that the company would continue to champion physical music, despite a recent move to stock more video games and technological products.

They added: "Unlike singles, around 75% of albums are still sold in CD format, and a sizeable chunk of these are bought by customers who like to purchase them in-store. A lot of us talk about having a vibrant high street at the heart of the community, but that’s not going to happen by itself – if that’s what people want, then, along with buying online and downloading, they also need to support their local stores and specialist chains."

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