HMV Canada is taking the next step in receivership and will cease operations in Canada by April 30th.
Their receivership application included a note that HMV’s inventory is “significantly depleted with no viable alternative support arrange to replenish its stock so they may not have huge amounts of stuff to put on clearance but the restructuring company is hoping to recoup some of the $39 million it is owed.
HMV still has over 100 stores in Canada employing over 1300 people. Remaining HMV stores will maintain regular opening hours until their final vacate dates, court sale guidelines said, and may advertise with “store-closing,” “everything-on-sale” and “everything-must-go” signs.
They have already started to clear out stock at 30% off so shop soon for the best selection and keep checking for deeper discounts. Watch for updates on their website here.