HMV ditches Ottakar's name

Waterstone’s owner HMV ditched the name of newly-acquired Ottakar’s today as it outlined plans to close bookshops and offices, which could threaten around 200 jobs.

HMV said it will close “a handful” of bookshops where Ottakar’s and Waterstone’s overlap, as well as three Ottakar’s offices in Salisbury, London Bridge and Clapham.