The HMV flagship on London's Oxford Street is among the 27 under-performing stores that have closed with immediate effect.
Sunrise Records president Doug Putman is interested in acquiring HMV, which is also being eyed by Sports Direct tycoon Mike Ashley.
In an effort to raise money for Great Ormond Street Hospital Children's Charity, Smyths Toys sold the charity’s official mascot.
Mike Ashley is reportedly asking HMV landlords to grant him a “six-month rent holiday”.
Mike Ashley has reportedly been in talks with HMV’s suppliers in hopes of acquiring the collapsed retailer.
The Entertainer has revealed a strong like-for-likes in its Christmas sales with an increase of 22.4 per cent in total sales in the five weeks to December 29.
HMV administrators have revealed a number of "proposals" have been put forward for the music retailer which went into administration last month.
Game has posted growth in overall like-for-likes during the crucial Christmas trading season, despite a drop in sales in the UK.
US toy retailer Build-A-Bear has lowered expectations for its fiscal-year revenue due to Brexit fears, it was reported on Monday.
Games Workshop has announced it is in "great shape" following an increase in its half year sales and profits.