THERE are fears for the future of workers at a major retailer after it was revealed a Renfrewshire branch is to close.
HMV is to close its intu Braehead branch after it was acquired by Canadian retailer Sunrise Records and brought out of administration.
Sunrise, which is owned by Doug Putman, beat off competition from the likes of Mike Ashley for the stricken retailer and will acquire 100 stores across the UK.
READ MORE: New dawn as HMV rescued - but store closures on the way
The Renfrew-based store is one of 27 unprofitable stores that close with immediate effect, resulting in 455 redundancies.
Speaking after the earlier announcement was made, Putman said: “We are delighted to acquire the most iconic music and entertainment business in the UK and add nearly 1,500 employees to our growing team.
“By catering to music and entertainment lovers, we are incredibly excited about the opportunity to engage customers with a diverse range of physical format content and replicate our success in Canada.
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“We know the physical media business is here to stay and we greatly appreciate all the support from the suppliers, landlords, employees and, most importantly, our customers.”
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