High hopes that HMV will return to Dundalk

HMV could yet return to Dundalk but in a new format according to reports this week.

HMV could yet return to Dundalk but in a new format according to reports this week.

HMV closed their outlet in the Marshes Shopping Centre earlier in the year and hope was all but lost on the entertainment retail store reopening.

Yet the company who bought HMV and DVD rental chain Xtravision now plans to open HMV outlets within Xtravision stores currently in operation.

HMV announced last week that it was to open four new outlets in Ireland next month generating 120 jobs. Three of the stores will be located in Dublin and the fourth will open in Limerick .

Hilco have said that they will reopen in 26 outlets across the country, and it is hoped that Dundalk will be one such outlet.

Hilco chief executive and Blackrock resident Paul McGowan said: “We are thrilled to be able to bring HMV back to Ireland. The demand from consumers has been very strong since we acquired the business from the Receivers so it is gratifying to be able to get four stores up and running in such a short period of time. We will also be launching our new digital product in Ireland later in the year and have more exciting developments being announced in coming weeks.”

In HMV’s absence a new retail outlethas sprung up to fill the gap in the market.

Cex is a games and film exchange and while it operates ina smaller space than the old HMV store, it has seen a lot of business since opening at the end of July.

The store sells and exchanges DVDs, games, phones and other electronic devices and has being doing a roaring trade.