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HMV Media

HMV is to spend £10m refurbishing stores this year, and up to 25 new outlets will be opened.

HMV Media is planning to open at least nine more Waterstone's book shops by the end of next year.

HMV is planning to expand its chain of 166 music stores with 15 new outlets this year, with the focus on medium-size towns.

HMV Media is to restart an expansion programme for its chain of Waterstone's book shops this year, starting with a new store at Manchester's Trafford Centre in July.

HMV Media is planning to spend £20m opening 20 music stores and refurbishing its existing 140 stores over the next year, and expects to create 330 assistant manager jobs over the next three years.

HMV Media has agreed to hand over the online book retailing operations of Waterstone's to, which is expected to lead to the closure of a dedicated fulfilment centre in Bath.

HMV Media is to refurbish about 50 of its 207 Waterstone's bookstores this year, at a cost of £10m.

HMV Media is planning to open seven Waterstone's bookshops and three HMV music shops in the UK over the next two years, as well as five superstores in North America and Europe.