A quick heads-up before we sign off for the day. Troubled retailer HMV is will honour gift cards from tomorrow, Tuesday 22nd January, the firm's administrators have announced, following a backlash against what has been branded "almost theft".
"Since our appointment as Joint Administrators on Tuesday afternoon, we have been urgently assessing the Companies' financial position," Deloitte's Nick Edwards said in a statement passed to Eurogamer. "I am pleased to confirm that, having concluded this assessment, we are able to honour gift cards."
"We will continue to assess the longer term options for the business whilst continuing to trade, I am hopeful this process will result in the business continuing as a going concern."
HMV will also resume payment of proceeds to charities, Edwards added. The firm's 200 branches and 4500 or so employees remain unaffected by the decision to enter administration at the time of writing. DVD and games chain Blockbusters UK has also entered administration, in what many see as the inevitable decline of high street entertainment retail.
If you're among those facing a potential layoff, best of luck.