It will also likely be welcome news to authorities as they seek to clamp down on the US-themed candy stores. The announcement is a huge boost to Britain's beleaguered High Street, and especially Oxford Street, which has seen major brands including Topshop, Debenhams and House of Fraser close as they have been dealt hammerblows by economic crisis after crisis. ![]() In the face of intense competition from cheaper online retailers and streaming services, HMV - which stands for His Master's Voice - has come up with an 'evolved retail concept' and will stock a wide range of pop culture merchandise, vinyl, film, TV and music technology. It was later turned into one of the many gaudy American sweet shops now in that area which sell vapes, helping to fuel the child vaping epidemic. The store closed in February 2019 after becoming unprofitable amid rising business rates and dwindling footfall. The chain has revealed that it will reopen the world-famous site at 363 Oxford Street - which saw hundreds of stars perform and host record signings over its 98-year existence - later this year. It called itself the 'world's most famous music store', taking pride of place on London's Oxford Street until it was forced to close its doors in 2019.Īnd now HMV's flagship shop, which had delighted music fans since 1921, is making a triumphant return.
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