James Ashton: Truth is, HMV has done itself no favours
I can't summon up any sympathy for the fate of HMV, which this week finally admitted its chief executive, Simon Fox, is leaving.
The embattled music chain would probably have gone bust long before now if it wasn't for the munificence of music labels and movie studios desperate to keep the only high street alternative to the supermarkets alive.
It isn't the analogue strategy that HMV followed when everyone else was thinking digital that I have no time for. It is more the fact this retailer has been slow to acknowledge reality even when it was being engulfed by it.
My colleagues and I have endlessly been told we were just plain wrong. Closing shops? No need. Debt problems? You must have us mixed up with someone else. Selling Waterstones? Don't be ridiculous. Fox leaving? Nothing in it.
When will companies learn that masking the truth buys them time, but no credibility?
- 1 Lucy Hawking: Stephen Hawking's daughter writes impassioned open letter to Katie Hopkins about rights of disabled people
- 2 How the language you speak changes your view of the world
- 3 Russell Brand backs Ed Miliband: 'You gotta vote Labour'
- 4 General Election 2015: 14-year-old boy asks Nick Clegg – 'can you kill Katie Hopkins?'
- 5 Uploading pictures to find out how old you are gives Microsoft the right to post them wherever they want
Lucy Hawking: Stephen Hawking's daughter writes impassioned open letter to Katie Hopkins about rights of disabled people
Oxygen-starved 'dead zones' with no marine life up to 100-miles long discovered in the Atlantic Ocean
How the language you speak changes your view of the world
General election live: Russell Brand endorses Labour (except in Scotland and Brighton)
Russell Brand backs Ed Miliband: 'You gotta vote Labour'
Over 50,000 families shipped out of London boroughs in the past three years due to welfare cuts and soaring rents
EU asylum policy is 'a direct threat to our civilisation', says Nigel Farage
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: SNP and its activists 'openly racist' towards the English, Farage says
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
iJobs Money & Business
£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...
£24000 - £28000 per annum: Recruitment Genius: A Senior SEO Executive is requi...
£16000 - £18000 per annum: Recruitment Genius: An Online customer Service Admi...
£18000 - £22000 per annum: Recruitment Genius: This global, industry leading, ...