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HMV exits from German market.

Music Week

| February 01, 2003 | COPYRIGHT 2003 UBM Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

HMV is blaming the "price-dominated" culture of Germany's music retail sector for a decision to pull the plug on its operations in the market.

The retailer says its efforts to mirror the success of the business achieved in other countries in Germany have proved unsuccessful and is now preparing to close its stores in Frankfurt and Munster by the end of the month.

HMV's other German outlet, located at Centro Oberhausen, will continue trading ...

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