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HMV Canada to Close All Stores Nationwide by April

HMV Canada to Close All Stores Nationwide by April

By Simon Hung

HMV, once one of Canada’s most popular physical media stores, has announced plans to close all 102 Canadian store locations by April 30, 2017.

The news comes after the company filed an application for receivership with the Ontario Superior Court, which was approved on Friday, January 27.

First opened in 1986, HMV had been struggling in recent years and the announcement doesn’t come as much of a surprise to many, as the popularity of physical media has sharply declined with the rise of digital streaming.

Most of HMV Canada's head office staff has been laid off and in court documents, the company is said to owe $39 million to HUK 10 Ltd., a restructuring firm that lent money to HMV. The documents also indicated that the chain owes $56 million to various music labels and was losing $100,000 per day -- the company would have required upwards of $5 million annually to remain open.

Expect to see clearance sales in the coming weeks as stores clear inventory, making it a great opportunity to look for music, movies and memorabilia. Their website currently notes that everything is up to 30% off, but expect steeper price cuts as we inch closer towards the closure date.

Surprised by the announcement? Looking forward to sales on Nicolas Cage movies? Leave a comment to share your thoughts about the closure or any fond memories you have of HMV.

39 Comments

    • Overpriced dvds, blurays and junk.
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    • They were going into custom tshirts.
      carmaster wrote:
      Jan 27th, 2017 6:15 pm
      Overpriced dvds, blurays and junk.
    • Report Post
    • Don't forget the posters!
    • Report Post
    • I thought they all went under years ago.
    • Report Post
    • Snarky comments aside, I'm sad to see it go. At the very least, I always enjoyed browsing the Toronto Superstore; you could easily spend a good hour in there looking through the movies. While they didn't always have the best prices, they were one of the last few brick and mortar sources of many titles that other retailers that sell Blu-Ray, like Best Buy, simply don't stock since they focus only on the newest releases.

      I'm sure the locations will quickly be taken up by tacky clothing shops, and no doubt some more independent authorized phone plan resellers, because we haven't already got enough Robelus stores, phone kiosks and wireless waves in which to buy the same overpriced plans over and over again. The Canadian retail landscape is becoming more dull by the year.
    • Report Post
    • Can't wait for the clearance sales to start!
    • Report Post
    • Frankly, I'm surprised that they survived as long as they did.
      Physical media is most definitely on the way out. I have mixed feelings on this. Elimination of millions of pounds of plastics out of the waste stream (where DID all those VHS tapes end up?), versus "copy protection" on digital downloaded items.
    • Report Post
    • miss going there as a kid before the internet. it was great. only a matter of time. can't say they didn't try though. from video games to merchandise. online. sad. in 19 years what's left in retail?
    • Report Post
    • I'm actually surprised by this news considering I read an article about HMV Canada a few years ago saying how they were doing so great and able to outlast the other stores in the digital age by adapting and expanding their offering by selling collectibles and other stuff. I guess they were just blowing smoke.


      I think this was the article I read:

      http://www.theglobeandmail.com/report-o ... le6694954/
    • Report Post
    • Todays kids will never experience removing the wrapping from a fresh LP/CD/tape. Well, for the LP, just a slice down the opening to get the record out.

      Although I have to admit, it's much easier today just downloading the songs you like for $1.29. Though one thing, in the days of having to by an entire album, a lot of people are going to end up missing songs that might have become favourites, those 'filler' songs or 'B' side songs.

      Tho I do not really miss making mixed tapes. Or burning CD's for that matter.
    • Report Post
    • Where am I supposed to go now to buy cds?
    • Report Post
    • Becks wrote:
      Jan 27th, 2017 9:59 pm
      Where am I supposed to go now to buy cds?
      1995
    • Report Post
  • NG
    • TM2Megatron wrote:
      Jan 27th, 2017 7:46 pm
      I'm sure the locations will quickly be taken up by tacky clothing shops, and no doubt some more independent authorized phone plan resellers, because we haven't already got enough Robelus stores, phone kiosks and wireless waves in which to buy the same overpriced plans over and over again. The Canadian retail landscape is becoming more dull by the year.
      /Thread

      I actually got got back from there and bought something (albeit half off).

      I'm surprised they didn't try an online store first especially for all the shirts, mugs etc that aren't sold at a lot of other places.

      Hopefully Sunrise will come in and start to fill the void.
    • Report Post
    • I think browsing music was a good experience, I should look to watch Empire Records again. Although last time I watched it I was in a manager mindstate and thought the store in the movie was overstaffed...lol.

      I think I set foot in there a few times in th past 10 years, after my music buying days were wearing thin and just seen it as a crime scene.
    • Report Post
    • karnige wrote:
      Jan 27th, 2017 9:30 pm
      sad. in 19 years what's left in retail?
      everyone knew it was coming, and if corporations just ship all their jobs offshore, who do think is going to buy all the stuff? :facepalm:

      what's really scary is how entire retail sections of a city have been totally transformed into coffee/drink/snack/food blocks for all the chubbins to mow down at. what used to be clothing, shoes, electronics, home/hardware, movies/games, department, discount, etc. stores are now just one long strip of fast food/drink chains.

      all people want to do now is drink coffee and eat anything that isn't nailed down. in another 10 years, the average weight of a Canadian adult is going to jump 50 lbs and diabetes rates are going to skyrocket.
    • Report Post
    • JackWhyte wrote:
      Jan 27th, 2017 10:13 pm

      everyone knew it was coming, and if corporations just ship all their jobs offshore, who do think is going to buy all the stuff? :facepalm:

      what's really scary is how entire retail sections of a city have been totally transformed into coffee/drink/snack/food blocks for all the chubbins to mow down at. what used to be clothing, shoes, electronics, home/hardware, movies/games, department, discount, etc. stores are now just one long strip of fast food/drink chains.

      all people want to do now is drink coffee and eat anything that isn't nailed down. in another 10 years, the average weight of a Canadian adult is going to jump 50 lbs and diabetes rates are going to skyrocket.
      Don't worry man, I've got an extra tin foil hat for you.
    • Report Post
    • Well I'm sad to see them go. I still buy albums, they are great for the car and at home. Other than Walmart I guess I'll have to buy it all online now from amazon or who knows where :( I refuse to buy digital!
    • Report Post
    • billdozer wrote:
      Jan 27th, 2017 10:23 pm
      Don't worry man, I've got an extra tin foil hat for you.
      Lol. Smoke another one
    • Report Post
    • End of an era.

      That being said, their prices for CDs and DVDs were usually okay compared to online stores (lots of 3 for 1 sales, etc.) so I would assume 30% off would be Amazon right now, if people still buy physical media. The real deals will be in posters, promotional stuff and physical store items (displays, lighting, etc.). I still remember buying the Super 8 promo material at the local Blockbuster for $10, and turning around and selling it for $200. The Scott Pilgrim stuff (also $10) only netted $100 in comparison.

      (That being said, don't know what promo stuff they'll have left in the stores, but get what you can!)
    • Report Post
    • jeff1970 wrote:
      Jan 27th, 2017 9:46 pm
      Although I have to admit, it's much easier today just downloading the songs you like for $1.29. Though one thing, in the days of having to by an entire album, a lot of people are going to end up missing songs that might have become favourites, those 'filler' songs or 'B' side songs.
      matter.
      I disagree. First off I think most people these days are moving to music subscription services. As such, they aren't buying single tracks anymore.

      I know when I hear a song I link I look up the album and listen to it. If there's something on the album I like I add it to my thumbs up. Alot of my favourite songs are some of the less popular tracks.

      On the other side, artists now don't have to worry about filling their albums with relative junk, just to get the track count up.

      I personally see no real detriment for todays music listener. Sure, the nostalgia of opening a jewel case (OMG did I HATE doing that, SO glad I never have to do that anymore) means something to those that experienced it, but frankly I think most will get over it pretty quickly.
    • Report Post
  • NG
    • It makes sense. HMV should have branched out into providing services other than just carrying products that you can get for much cheaper on the likes of Amazon. I remember buying my first CD at a HMV location in Abbortsford, BC. Man, I remember the joy I felt ripping the plastic wrap and then looking at the cover art. At some point, a hipster generation down the line will bring it back. I saw a teen with a portable cassette player on the train a few weeks ago hahaha.
    • Report Post
    • I honestly can't believe that they lasted as long as they did. Their prices were insane even 20 years ago when I was a kid spending my paper route money on Nine Inch Nails CDs lol.

      Even as a kid I preferred to shop at independent record stores!
    • Report Post
    • Didn't you hear? HMV is moving to mexico and taking our jobs with it. If only some political figure would stand up for the forgotten canadians.
    • Report Post
    • zensuperman wrote:
      Jan 27th, 2017 10:55 pm
      Didn't you hear? HMV is moving to mexico and taking our jobs with it.
      so, you actually believe no jobs have gone offshore over the past few decades? :lol: :lol:

      hell, I can't even talk to a support person at ANY canadian company that's isn't named Shiraj or Punjab.
    • Report Post
    • This is very sad. It's not like they were selling buggy whips, but they may as well have been.
      I also thought they were headed in a great new direction recently with more clothing, games, and other non CD stuff.
      Prices could be better though.
      Someone should restore the "That's entertainment" name and give it a go.
    • Report Post
    • Becks wrote:
      Jan 27th, 2017 9:59 pm
      Where am I supposed to go now to buy cds?
      Walmart
    • Report Post
    • HMV's were half filled with movies that could always found cheaper anywhere else. Can't say I am surprised.
    • Report Post
    • Sad to see the CD die.
    • Report Post
    • jackrabbit000 wrote:
      Jan 27th, 2017 11:18 pm
      Walmart
      Walmart is one place to go to buy CD's, hopefully still in alphabetical order. (for easy find)
      There are other stores, (ie Giant Tiger) but it's just bins of CDs sold dirt cheap. Also, it's the luck of what's there.

      I have a friend into Nature music. Dan Gibson, etc hard enough to find anywhere as is.
      Walmart doesn't seem interested in "specialty" CD's, let alone anything that's not top 40 or classic 40 of some sort...
    • Report Post
    • "where DID all those VHS tapes end up?"

      Still in my collection. Glad I kept them. A bunch of stuff in there that doesn't exist anymore in the film and video libraries of several networks and no DVD releases as well as all the anime stuff that was broadcast once and never repeated.

      But a lot of stuff could be recycled instead of ending up in a landfill. Of course if you are up here, in Northwestern Ontario we have lots of space for a landfill and our local population won't appreciably increase, so it's not a problem. Other more urban areas though...
    • Report Post
    • =( R.I.P. HMV, I knew your time would come eventually... first Blockbuster and those "Five Star Rental" places, and now the remainder of that time... People years from now will say "Remember that store in the non-e-mall that used to sell those entertainment on physical things that weren't hard drives?", "The Apple Store...? iTunes...?", "No you idiot, HMV".
    • Report Post
    • I'm still in disbelief about the closing of a&b sound.
    • Report Post
    • A&B Sound was da shit. Back in the day (ah yes... those were the days), A&B Sound CD prices were always cheaper than Future Shop by at least $1.00. It was a shame it had to go.
      Also Virgin Megastore by Burrard St. Loved that store.

      Maybe I can finally buy this CD with the 30% or some figurines.
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    • marks the end of an era
    • Report Post
    • It's about time they close their doors.
    • Report Post
    • I just bought 2 CDs from there last week. Where will one be able to locally buy CDs from bottom 40 artists?
    • Report Post
    • zensuperman wrote:
      Jan 27th, 2017 10:55 pm
      Didn't you hear? HMV is moving to mexico and taking our jobs with it. If only some political figure would stand up for the forgotten canadians.
      There is a Trump copy cat wannabe O'Leary

      What amazes me is we can bring panda bears back from extinction. They are the most useless/helpless animals, only thing they have going is cuteness.

      HMV is just the tip of the iceberg, Adapted or become extinct.
    • Report Post