HMV downsizes

This is interesting - as part of the frantic restructuring Hilco are doing to try and save HMV, the chain is going to give its flagship store to Foot Locker, and move into Foot Locker's old Oxford Street store.

It's full circle for HMV, with the 'new' shop actually being their original Oxford Street flagship. It's also a comedown, as the store is only a third the size of the one they're leaving.