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Gift cards to be accepted at HMV

By SWEPRupertH  |  Posted: January 21, 2013

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HMV gift vouchers will be accepted in stores as of tomorrow, Tuesday, January 22.

The entertainment giant went into administration last week and administrators Deloitte had, at the time, said gift cards could not be redeemed.

Today Deloitte has officially announced gift cards will be accepted at HMV stores across the country as of tomorrow.

Proceeds raised by HMV through the sale of charity releases (including the Hillsborough Justice Collective single) will also be paid in full as soon as possible.

Nick Edwards of Deloitte said: "The ability of administrators to honour gift vouchers will depend on the specific circumstances of each case.

"Since our appointment as joint administrators on Tuesday afternoon, we have been urgently assessing the company's financial position.

"I am pleased to confirm that, having concluded this assessment, we are able to honour gift cards.

"I can also confirm that all money raised by HMV for various charities will be paid in full.

"We recognise that both of these matters have caused concern for individuals and organisations affected and are pleased to have reached a positive outcome. 

"We will continue to assess the longer term options for the business whilst continuing to trade.

"I am hopeful this process will result in the business continuing as a going concern."

HMV runs a store in Swansea's Quadrant Shopping Centre.

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