We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,259 News Articles

HMV accepting gift vouchers from today

Customer outrage prompts administrator to reverse HMV gift card decision

HMV gift voucher card

HMV has announced it will be once again accepting gift vouchers in store from today.

The collapsed music and games retailer has done a u turn on its decision to stop accepting gift cards after going into administration. HMV's stores remain open while the website has been suspended. See also: HMV falls into administration.

As soon as HMV had called in admiration firm Deloitte it outraged customers by continuing to trade in stores but refuse gift cards. Many customers had received the vouchers as Christmas present or purchased them right up until the day before HMV announced its collapse.

Deloitte said it was happy to honour the gift vouchers held by customers after assessing HMV's financial situation. It also said money raised from charity releases would be paid properly and in full.

Things are looking up for the retailer as according to Deloitte there have been a total of 50 separate individuals or groups who have shown interest in buying part, or all, of HMV.

The frontrunner, according to the BBC is Hilco, a restructuring specialist which bought HMV Canada last year for £2m. HMV in the UK has over 200 stores and 4,000 jobs at risk.

Follow Chris Martin and @PCAdvisor on Twitter.


IDG UK Sites

Best January sales 2015 UK tech deals LIVE: Best New Year bargains and savings on phones, tablets,...

IDG UK Sites

Chromebooks: ready for the prime time (but not for everybody)

IDG UK Sites

Best Photoshop Tutorials 2014: 10 inspiring step-by-step guides to creating amazing art,...

IDG UK Sites

Complete guide to iPhone and iPad settings: Get to know iOS 8 Settings UPDATED