Staff at collapsed music and entertainment chain HMV used the company’s official Twitter account to announce their own “mass execution” as administrators axed nearly 190 jobs.

Attempts to salvage music chain HMV will continue this week as attention turns to the prospect of a new stock deal with suppliers.

Hopes over the future of collapsed music chain HMV were raised today after its debt was bought by the restructuring business behind HMV Canada.

Stock was given away free at a DIY store today and looters reportedly ran amok at another branch as the business shut down.