HMV reports another plunge in sales

The boss of struggling entertainment group HMV today vowed to press on with plans to overhaul its technology offering as he reported another plunge in sales over the summer.

HMV chief executive Simon Fox said the first six “Fast Forward” stores - where up to 25% of floor space is devoted to gadgets such as iPods and tablet computers – recorded a doubling in like-for-like sales in the 18 weeks to September 3.