RETAIL UPDATE: HMV snaps up 14 Zavvi stores

By Tim Ingham

January 15th 2009 at 10:28AM
RETAIL UPDATE: HMV snaps up 14 Zavvi stores

Entertainment retailer buys handful of outlets from rival?s administrator.

HMV has acquired 14 Zavvi stores from its rival’s administrators, Ernst & Young.

HMV expects the cost of its acquisition to be around £2m, including a purchase price of £700,000 plus the refit and rebranding of the outlets.

To read the full story on MCVUK.com, click here.