HMV plan to increase stock of vinyl.


After another disappointing year, with even more disappointing Christmas sales – down by over 8% from 2010, HMV, have announced their plans to increase their stock levels of vinyl.

A spokesperson for HMV told NME, “A lot of customers have been asking us to increase the amount of racking we dedicate to music instore and we’re pleased to say we’ll be doing a lot more of that soon – in fact we’re also planning to significantly increase our range of vinyl in quite a few locations as well.”

“Unlike singles, around 75% of albums are still sold in CD format, and a sizeable chunk of these are bought by customers who like to purchase them instore. A lot of us talk about having a vibrant high street at the heart of the community, but that’s not going to happen by itself – if that’s what people want, then, along with buying online and downloading, they also need to support their local stores and specialist chains.”

So, seems they’ve missed out on the internet introduction to the music industry, so HMV are now going the other way? I really don’t know if this will work for them, but I really hope it does. If  HMV is lost, then, well, it won’t be good.



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