Legendary HMV closes another store in the UK: what is the reason.

Closure of HMV store in Guildford

According to The Sun: The well-known retailer HMV is closing yet another store, which is a significant blow to the local community.

The chain, which has 120 stores across the UK, has faced administrative difficulties multiple times but has always found ways to overcome them.

The HMV store in Guildford has already displayed a closure notice, which will take effect on October 29.

This store is located in the Friary shopping center.

“It is very sad that our store is closing on Wednesday, October 29. Thank you for shopping with us, the HMV Guildford team.”

The notice also contains information for customers who wish to continue shopping at HMV.

Local residents are actively expressing their disappointment over the closure of yet another retail outlet, leaving comments on social media.

Although the store in Guildford is closing, HMV in Woking, which is just 7 miles away, continues to operate.

Other HMV closures

The closure in Guildford is part of a broader trend — HMV is closing stores across the UK.

The retail chain is facing challenges in maintaining its business, which forces it to reduce the number of outlets.

Just a few months ago, stores closed in Oxford and Lancaster.

“HMV first opened in Lancaster over 25 years ago, and while we hoped that the owner's redevelopment plans would allow us to continue operations, unfortunately, that was not possible.”

The Lancaster store closed on August 10, and HMV is currently looking for new premises to resume trading there.

The Sun editorial team reached out to HMV for a comment.

The closure of the HMV store in Guildford highlights the difficulties facing retail in today's economy. Many are competing not only with other stores but also with online services, which poses a challenge to the survival of physical retail locations. Given the situation in other towns, the closure in Guildford may just be one of many in the future.