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In 1998, HMV Media group was formed by the acquisition of HMV and Waterstone’s from EMI Group plc and WH Smith, respectively [2]. In 2002, the company was renamed HMV Group plc and its shares were released to the London stock market [3].
HMV Group plc operates 328 HMV stores selling music, DVD’S, videos, computer games, in nine countries. They also own 197 Waterstone’s stores selling books and magazines, based primarily in the UK and Ireland [4]. They also generate sales through accessories such as blank media, magazines, and T-shirts [2].
HMV is considered one of Europe’s largest music and video retailer, with a majority of sales in DVD’s and VHS...
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