HMV is considering buying a handful of Fopp stores from the administrator of the collapsed music retailer. Daily Telegraph
Sources close to HMV confirmed that it was looking at bidding for some stores.
‘We are interested in specific sites if they complement our store portfolio,’ they said.
Ernst & Young has instructed Angermann Goddard & Loyd to sell half of Fopp’s 100 stores. ‘The original Fopp portfolio has some great sites and we’ve had interest from retailers across many sectors,’ Mark Talbot, a director at Angermann, said.
Talbot said he had offers on 50% of the portfolio.