You are here: Home - Saving & Banking - News -

HMV to accept gift cards from tomorrow

Written by:
21/01/2013
HMV's administrators Deloitte have confirmed that customers can redeem gift cards in stores from Tuesday 22 January.
HMV to accept gift cards from tomorrow

Deloitte also said that proceeds raised by HMV through the sale of charity releases including the Hillsborough Justice Collective single will be paid in full as soon as possible.

The music retailer went into administration last week after more than 90 years of trading.

Nick Edwards, joint administrator, said: “The ability of administrators to honour gift vouchers will depend on the specific circumstances of each case. Since our appointment as joint administrators on Tuesday afternoon, we have been urgently assessing the Companies’ financial position.

“I am pleased to confirm that, having concluded this assessment, we are able to honour gift cards. I can also confirm that all money raised by HMV for various charities will be paid in full. We recognise that both of these matters have caused concern for individuals and organisations affected and are pleased to have reached a positive outcome.

“We will continue to assess the longer term options for the business whilst continuing to trade. I am hopeful this process will result in the business continuing as a going concern.”

 

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

Guide for First-Time Buyers

Download our free, handy guide for first-time buyers, produced in association with the Post Office.

BNY Mellon launches investment guide for women

BNY Mellon has produced a free ‘Guide to Investing for Women' to provide an introduction to investing and lo...

Your ultimate guide to the new ISA rules

As the new ISA – or "NISA" – rules come into force, we explain what has changed and how you can benefit.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Shopping for the best rate can help your savings build over time.

Top tips for protecting yourself online

One in six adults has fallen victim to a cyber-attack, according to new research from Experian.

BLOG: Top tips for would-be entrepreneurs

As Global Entrepreneurship Week draws to a close James Benamor teaches Your Money how to get a business off th...

Stock tips from top fund manager: IP Group

James Henderson, manager of the Lowland Investment Company and Henderson Opportunities Trust, selects IP Group...

Speak to an Adviser

Do you need help with your finances? If you need quality independent financial advice, click here.

Money Tips of the Week

Spreadbetting promo

Spreadbetting explained
Close