Thursday, September 28, 2006

HMV slashes cost of CDs

It's taken them a while to get round to it, but HMV seems to have finally accepted that the supermarkets and Amazon aren't going to raise their prices anytime soon, and have slashed the price of large swathes of their catalogue CDs and DVDs.

The price cuts kicked in at the start of September; today the company admitted that it was bounced into the move because of falling sales and predicted that its margins might be squeezed by two to two-and-a-half percent.


1 comment:

Anonymous said...

But what did Gennaro Castaldo have to say about the move? WE MUST NO!!!eleventy!!!

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