Latest High Street Closure

The high street giant HMV, founded in 1921, has been under threat for some time, previously closing stores to save the business money. Today it has been announced that the brand has finally gone into administration!

The Guardian- HMV in administration- History of HMV
The Guardian- HMV Closures

Along with Game, Peacocks, La Senza, to name a few, HMV has fallen latest victim of internet sales taking away in store sales. So, by the end of 2013 it makes me wonder what other brands will also go into administration and close. Will there even be local high streets and shopping centres left to go to in the near future or will people have to travel further to larger shopping areas in order to get a decent experience and how long will it be until the larger shopping centres are also effected?

Personally I would hate to see the closure of any more high street shops, although it is inevitable, as yes you could say I'm biased and stereotype me liking shopping because I'm female but you really don't get the same experience when shopping online. Sometimes, even when you have no money, a shopping centre is a nice place to just go and have a look around and kill a few hours. Buying something online you can't pick it up, feel the texture of clothing and fabrics, try it on to see if it fits and just ask a shop assistant to get you another size if it doesn't, you can't browse online like you can in a shop. I can sort of understand the closure of HMV, the threat of Game going under and potential other shops having declining sales such as Water stones or other book and media shops because with regards to those things, they're standard. It doesn't matter how it looks because it all holds the same media, a book or song won't change if it has different cover art.

HMV will be missed greatly on the high street I think and although it's a sad time as there is now nothing quite like it on the high street anymore I'm fairly confident it will still be available online, which as mentioned isn't the same but I guess the consolation is that it is still there.