HMV to accept gift cards after administrators bow to public pressure
HMV's administrators have bowed to public pressure and said they will accept gift cards at the collapsed music chain.
Despite HMV continuing to sell gift cards until the day before the music chain collapsed, administrators Deloitte stopped accepting them once appointed to the business last week.
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The HMV store in Grimsby's Freshney Place
Today, Deloitte confirmed gift cards and vouchers will be redeemed in stores from tomorrow.
Administrator Nick Edwards said: "Since our appointment as Joint Administrators on Tuesday afternoon, we have been urgently assessing the companies' financial position. I am pleased to confirm that, having concluded this assessment, we are able to honour gift cards.
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2 Comments
by porcelainblak
Monday, January 21 2013, 9:30PM
“Hope not too many people have thrown theirs away during the last few days thinking they were useless!
It's about time that ALL companies honoured gift vouchers in cases like these, there have been too many recently who have added to the will they/wont they be accepted debacle. People bought them in good faith and they should be honoured!!!”
by roadrunner74
Monday, January 21 2013, 6:51PM
“Good so they should”