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HMV Latest UK Retailer to Stumble
HMV has been opening its doors since the English composer, Edward Elgar, launched it on London's Oxford Street in 1921. But the music store has fallen fowl of online and download competition. And now, it's called in the administrators With more than 4000 jobs and 230 stores at risk, the once musical powerhouse, looks set to crumble. Tom Elliott is a strategist at JP Morgan Asset Management
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