CROYDON'S branch of HMV is still likely to close - despite a rescue pacakage being announced for the chain. The joint administrators of HMV today (Friday) confirmed the sale of its retail business to restructuring specialists Hilco UK. This means the future of 141 stores - including those in neighbouring Bromley and Sutton - has been safeguarded. However the Croydon store, in Centrale, doesn't appear on the list, meaning it still looks likely to close. HMV once had two stores in Croydon, before one in North End closed in February 2011. The music and entertainment specialist, founded in 1921, went into administration in January.
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