VOICED : HMV entertainment retailer faces

HMV, a major British entertainment retail chain, has entered administration due to financial difficulties exacerbated by the rise of digital downloads and online sales. Deloitte is assessing the company's prospects and seeking a buyer for its 239 stores. Despite efforts to adapt, such as opening pop-up shops and diversifying products, HMV's sales have declined significantly. Customers express disappointment at the potential loss of a beloved retail experience. The company's future remains uncertain as it suspends share trading and faces possible closure.

What major event did HMV announce late on Monday?

• A new product launch

• A merger with another company

• Entering administration

• A new store opening

Which financial group is responsible for assessing HMV's business prospects?

• PricewaterhouseCoopers

• Ernst & Young

• Deloitte Financial Group

• KPMG

By how much did HMV's value decrease from 2006 to the present?

• From £500 million to £50 million

• From £1 billion to £100 million

• From £850 million to £5 million

• From £850 million to £100 million

What strategy did HMV employ to adapt to changing market demands?

• Opening permanent stores

• Launching a new online platform

• Opening temporary pop-up shops

• Partnering with other retailers

What is the sentiment of HMV's loyal customers regarding its potential closure?

• Excited

• Disappointed

• Indifferent

• Relieved