HMV stops online orders as potential buyers circle

HMV has powered down its HMV.com website, halting online orders entirely, as the longstanding retailer enters administration.

Although its high street shops are still open, HMV says its website "has been suspended following the appointment of the Joint Administrators", going on to confirm, "No purchases can be made online until further notice."

HMV is continuing its post-Christmas blue cross sale in an effort to generate more cash, but for the time being it seems any bargains you snap up will have to happen over the till.

It's possible HMV will reopen its site further into the administration process, though when now-extinct retailer Comet went the same way last year (also turning to administrators Deloitte), it similarly put the kibosh on online orders.

The 91-year-old company has sparked anger by refusing to accept gift cards or vouchersfollowing the news that it was looking for a buyer. If you had an outstanding order with its online service, it's unclear what will happen to your purchase -- I've contacted Deloitte about this, and also to ask whether the site will reopen, and I'll update this story if I hear back.

HMV could have a future, meanwhile, as Deloitte says it's been contacted by parties interested in buying the ailing chain, Sky News reports. It's not clear who would be keen to snap up the firm, but as a major high-street name HMV's business could hold some appeal, even though the existing management wasn't able to make enough cash to keep it afloat.

[Source: CNET]