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Music for
Grown-Ups Newsletter
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13/02/2007 HMV and Fopp: all change in music retailing
Not so long ago, music retail in the UK was dominated by two chains, HMV and Virgin. A number of niche operators, Andy’s Records, Music Zone, and MVC included, briefly challenged their dominance before bowing out of a fiercely competitive marketplace. But the chains are still under threat, from three directions – digital downloads, online sales (Amazon et al) and the supermarkets. And Fopp, favourite retailer of Music for Grown-Ups, is getting better and bigger all the time. Thanks to Mike Ollier for reporting what’s happening where he shops: “Bugger ~ Music Zone in Sunderland has closed down... they went into administration, as you probably know.
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