HMV has reopened its flagship store on London’s Oxford Street after a four-year absence, as the entertainment retailer’s owner hailed a revival in sales of physical music formats, including CDs.
Doug Putman, who has engineered a turnaround of HMV in the UK and owns Toys R Us in Canada, said it was a “great moment” to be able to welcome back customers on Friday to its very first store, which was opened in 1921 by the British composer Sir Edward Elgar.
