HMV recovery 'ahead of schedule'

Entertainment retailer HMV today confirmed it was one of the high street winners from the past year after a group-wide overhaul saw like-for-like sales lift 7.3%.

The group, which runs the same-name music and games stores as well as the Waterstone's book chain, said its turnaround plan was ahead of schedule as same-store sales growth at its UK and Ireland HMV stores was even further ahead at 11.4%.