Sunday, 7 April 2013

Fopp is saved!

Well, some good news and some bad news comes this week in the form the Hilco buyout of HMV, who have inked the contract and released the details of what shops are going to be kept running. In amongst all of these stores is the great nugget of news that all the Fopp stores are to be saved, heralding what I hope to be a new era in the brand's success. With any luck, the new owners will decide to keep the shop running as it has always been run: buying some new old stock and selling it for cheap, be it movies, music or books. 

Happily for some towns (most notably those in the South of England it seems), their HMV stores and the jobs of its staff are saved, but there are plenty of stores closing, including the HMV in Croydon's Centrale shopping centre that used to be my regular haunt as a student. With this gone, hopefully the other independent record shops still left in Croydon like 101 Records will suffer a bit of a resurgence.

Original Guardian report with full store closure details:
http://www.guardian.co.uk/business/2013/apr/05/hmv-sold-hilco-saves-jobs-shops