HMV Stockport is one of 100 that has been saved from closure after the music chain was bought out of administration by Canadian firm, Sunrise Records.
The firm will buy 100 stores out of administration, securing 1,487 jobs but 27 stores are to close, including the stores at the Trafford Centre and HMV’s Fopp outet in Manchester City centre.
Sunrise Records chief executive Doug Putman, 34, bought the chain beating off competition from Mike Ashley’s Sports Direct.
Mr Putman said he was “delighted to acquire the most iconic music and entertainment business in the UK”. He went on to tell BBC Radio 4’s Today programme that HMV was a “fantastic, heritage brand”.
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