With the economic climate as it is, and with an ever-growing list of businesses going into administration, it is hard to believe that any notable success in business can be achieved. Well, supplying a nice break from the recent and current news surrounding mass job-cuts, lay-offs and the closing down of businesses that has plagued the last few weeks, HMV reveals a sales growth of 20% in their games department.
HMV – giving the ‘V’ to the credit crunch.
In fact, the business as a whole is doing extremely well, considering the circumstances, reporting a 3% overall sales growth. With some major retailers (For example, Zavvi) closing their doors and shutting up shop, HMV’s success is encouraging and reassuring.