We've just heard that HMV have bought the Fopp brand and a few - though nothing approaching most - of the stores. Music Week is reporting HMV intends to keep Fopp as a stand-alone brand:
The stores are located in:
Cambridge - 37 Sydney Street
Edinburgh - 3/15 Rose Street
Glasgow - 19 Union Street
London, Covent Garden - 1 Earlham Street
Manchester - 19 Brown Street
Nottingham - The Frontage, Queen Street
It's not clear why HMV - who are having troubles themselves - think they'll be able to do any better than Fopp's own management, although the strict pruning of the chain to a handful of shops hints HMV might believe over-extension to be Fopp's key problem.
At the same time, HMV has offloaded its Japanese interests - including hmv.co.jp and 62 shops - to DSM Investments Catorce.