The Student Room Group

HMV go into administration for the 2nd time in 6 years

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Original post by sr90
I'm amazed it's lasted this long tbh.

I have no sympathy for businesses like this who had all the tools at their disposal but failed to adapt to the demands of their customers. All the usual tired cliches about Brexit and Amazon will come out but they fail to acknowledge the main reason why it's in trouble - physical media is now a niche interest.

But that's brutal :cry2:
Original post by Rock Fan
Could it be the end this time?
https://www.bbc.co.uk/news/business-46699290



Likely, I feel its an end of an era.
Original post by CoolCavy
So is business. You have to be competitive to stand a chance I should know since I study this sort of thing. One less competitor on the market who failed to adapt. Next.


you are so Alan Sugar kv

:adore:

:kungfu:

:hugs:

:tong:

:spank:
Original post by DarkChaoz95
Likely, I feel its an end of an era.

Therein lies the reason people are sad about this. People are nostalgic for a time that has now passed where HMV was relevant. That's why they have such brand loyalty and will not hear criticism against it because they have memories involving the store.
A company is a trademark a logo a load of investors and whatever else, it does not have feelings. I feel sorry for the workers who will lose their jobs but that's it. A company is like a breed , artificial and can easily be replaced or remade. It is unlike a species which once it's gone it's gone and nothing will fill the hole.
Original post by CoolCavy
Therein lies the reason people are sad about this. People are nostalgic for a time that has now passed where HMV was relevant. That's why they have such brand loyalty and will not hear criticism against it because they have memories involving the store.
A company is a trademark a logo a load of investors and whatever else, it does not have feelings. I feel sorry for the workers who will lose their jobs but that's it. A company is like a breed , artificial and can easily be replaced or remade. It is unlike a species which once it's gone it's gone and nothing will fill the hole.

People are sad because they can no longer buy vinyl in shops.
Original post by the bear
you are so Alan Sugar kv

:adore:

:kungfu:

:hugs:

:tong:

:spank:


I am currently in the middle of writing a report about bike markets so perhaps that is why I feel no sympathy for HMV. If a 20 year old undergrad can have some sort of grasp of all of this (realistically anyone can I mean it's common sense is it not) then there is no reason why some highly paid CEOs cannot do the same
41712305_292778908207007_3747835677065084928_n.jpg
Original post by Pachuco
People are sad because they can no longer buy vinyl in shops.

You could easily buy online but you won't because you have loyalty to the high street . The majority of people buy online. A shop can't sustain itself on a few people that happen to like buying in person. Majority rules.
Original post by CoolCavy
You could easily buy online but you won't because you have loyalty to the high street . The majority of people buy online. A shop can't sustain itself on a few people that happen to like buying in person. Majority rules.

I don't want to buy online because I want the music to play on my turntable now. And that's a separate point to the nostalgia one I was quoting.

I don't want to argue about this with you anyway Cavy 🐁
Original post by CoolCavy
I am currently in the middle of writing a report about bike markets so perhaps that is why I feel no sympathy for HMV. If a 20 year old undergrad can have some sort of grasp of all of this (realistically anyone can I mean it's common sense is it not) then there is no reason why some highly paid CEOs cannot do the same
41712305_292778908207007_3747835677065084928_n.jpg


you are 20 kv ?

they grow up so quickly these days

le sigh
I work there noooooo
Original post by DrMikeHuntHertz
Just another dinosaur that's trying to out run the meteor strike.

nice imagery
The day my video games all go digital, i'll be angry. If all go streaming, i'm out.
Original post by CoolCavy
Therein lies the reason people are sad about this. People are nostalgic for a time that has now passed where HMV was relevant. That's why they have such brand loyalty and will not hear criticism against it because they have memories involving the store.
A company is a trademark a logo a load of investors and whatever else, it does not have feelings. I feel sorry for the workers who will lose their jobs but that's it. A company is like a breed , artificial and can easily be replaced or remade. It is unlike a species which once it's gone it's gone and nothing will fill the hole.

indeed and I feel more brands going to collaspe, especially after Toys r us and maplins. I suppose its down to sector struggles.
Original post by DarkChaoz95
indeed and I feel more brands going to collaspe, especially after Toys r us and maplins. I suppose its down to sector struggles.

Agree. The time of the specialist shop seems to be coming to a close
Dont understand some of yall in the comments.

It is quite sad. I used to love hmv and i know one of my friends still does. I really did/do enjoy having physical copies of stuff
Original post by Pachuco
I don't buy from amazon. I have bought from Ebay before if I'm looking for a particular record.


discogs.com, yo
Noooooo, HMV is where I go to buy my metal CD's :bawling:
Where will I buy cds for my car??
I'm always surprised by how many people pay for something that only has digital form that they can get for free prefectly legally and easily (there are slightly easier, illegal methods too, of course).

It's the hard copy that has the real value but people still choose to pay money for digital. It's crazy and has been hitting the high street really hard.
Original post by Captain Haddock

Been meaning to use this more, actually 🎧🎸🎵

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