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HMV makes a u-turn on gift cards

24 January 2013

Following my blog earlier this week it is good to see that HMV have done the decent thing and are now accepting gift vouchers after administrators assessed the company’s financial position.

Last year, Comet made a similar U-turn when it entered administration.

Unfortunately there is no legal obligation on a business to accept gift cards after entering administration and any decision to redeem the vouchers will very much depend on their individual financial position. In any case, I imagine that consumers will be rather more wary about where they buy vouchers from after this week’s activities…..

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