Sunrise Records
Record, Video & Book Stores · Canada · 501-1,000 Employees
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Overview
Headquarters
1430 Cormorant Rd, Ancaster, Ontario, L9...Phone Number
(905) 385-2325Website
www.sunriserecords.comRevenue
$90.1 MillionIndustry
About Sunrise Records
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Sunrise Records News & Media
Canadian group rescues UK music retailer HMV
Canadian company Sunrise Records has agreed to buy ailing British music retailer HMV, safeguarding around three-quarters of jobs, administrators KPMG announced Tuesday. HMV, launched by English composer Edward Elgar in 1921, collapsed close to bankruptcy just before the new year after weak Christmas sales and amid a declining market for CDs and DVDs. KPMG, appointed administrators to try and find a buyer for HMV, said that 27 stores would have to close with the lossUK music retailer HMV sold to Canada's Sunrise Records
HMV, the British music retailer that collapsed after Christmas, has been sold to the owner of Canada's Sunrise Records in a deal that will save 100 stores and 1,487 jobs, its joint administrators said on Tuesday. Sunrise Records CEO Doug Putman said he was delighted to acquire "the most iconic music and entertainment business in the UK", and would aim to replicate his company's success in Canada. The administrators said 27 stores were not included
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Frequently Asked Questions Regarding Sunrise Records
Sunrise Records is a Canadian retail store established in 1977, specializing in music, movies, and related merchandise. The store offers a wide range of products including vinyl records, Blu-ray/DVDs, turntables, electronics, games, toys, gifts, and apparel. Their target clients include music and movie enthusiasts looking for exclusive items and li... Read More