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Business News Deals HMV Timeline Retail
HMV to acquire original Fopp
By CMU Editorial | Published on Monday 13 August 2007
HMV has reportedly acquired the original Fopp store in Glasgow, as well as other stores in Cambridge, Edinburgh, Manchester, Nottingham and Covent Garden in London.
As previously reported, HMV announced recently that it would acquire the Fopp brand from the administrators handling the former independent music chain’s much reported liquidation, and that it would take on six of the former chain’s stores which would operate as Fopp shops.
Music Week has reported on which stores HMV planned to acquire, confirming the original Fopp store in Glasgow was among them. HMV reportedly hopes to have those six shops reopened by the end of the month, in doing so reemploying 70 of the defunct chain’s 700 employees.