HMV Canada in receivership

[Tunes]

http://www.billboard.com/articles/bu...pril-30-update

[Johnny Vinyl]

I read about this yesterday and I'm not surprised. I always thought they were expensive with limited selection. As time went by they started looking more and more like a gift store. I won't miss them, but it's still a sad situation.

[defdum&blind]

The irony here is now with selling off their stock they will be busier now than ever.

[MylesBAstor]

I read about this yesterday and I'm not surprised. I always thought they were expensive with limited selection. As time went by they started looking more and more like a gift store. I won't miss them, but it's still a sad situation.

It's funny. We talk about one of the joys of LPs being able to handle them. But we forget to talk about the joy of going into a store--as opposed to buying online--and meeting other music lovers. Funny thing about this world of high technology. The human being is being further and further reduced from the equation and isolated from each other. Now with texting and email, we don't even need to speak to people any more. How many times to you go to eat, see two people dining together and they aren't even talking to each other but texting. Even my clients who tell me they tell their kids dinner is ready and they get a text back in response from their kids.

So I shed a tear with each brick and mortar LP store that closes. Certainly record stores are on the endangered list and stores need to come up with new ways of adding value to stay in business.

[1morerecord2clean]

I am dizzy from some of the things regarding human isolation you mention Myles. The texting addiction is out of control. The absence of record stores is what makes a site like this so indespensable.

[JCOConnell]

browsing for records online is drudgery compared to browsing for records in a real live brick and mortar record store.

[MylesBAstor]

Fat lady hasn't sung yet!

[Johnny Vinyl]

This came as a surprise since they were closing stores, but then I found out they sold and the new owner has been running it for about 2 years now. Sunrise were one of the first to get back into vinyl and they were gradually expanding their linear footage.

[Tunes]

Very gutsy move to take on a vinyl focus in 70 mall-based stores. I understand they will sell other music merch, tshirts, board games, etc but a large focus will be on vinyl.

[Johnny Vinyl]

http://www.cbc.ca/news/entertainment/sunrise-hmv-record-stores-1.4004794?cmp=rss

[MylesBAstor]

http://www.cbc.ca/news/entertainment...004794?cmp=rss

They certainly seem to have their work cut out for them.

I assume they have some money backing them and bought the HMV chain for pennies on the dollar.

I would also assume that they will negotiate the store's leases.

I wonder what else they will do besides just sell new records? Used records? Have some concerts in the stores? They have to reinvent the B&M stores somehow since so many customers are buying LPs off the internet. The same thing that killed Tower Records.

[SteveD]

It's funny. We talk about one of the joys of LPs being able to handle them. But we forget to talk about the joy of going into a store--as opposed to buying online--and meeting other music lovers. Funny thing about this world of high technology. The human being is being further and further reduced from the equation and isolated from each other. Now with texting and email, we don't even need to speak to people any more. How many times to you go to eat, see two people dining together and they aren't even talking to each other but texting. Even my clients who tell me they tell their kids dinner is ready and they get a text back in response from their kids.

So I shed a tear with each brick and mortar LP store that closes. Certainly record stores are on the endangered list and stores need to come up with new ways of adding value to stay in business.

Well put Myles. I could not agree more.