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BRITAIN'S HIGH STREET CONTINUES TO STRUGGLE

Shoppers walk past sale signs in retail store windows on London's Oxford street,Tuesday January 15 2013.HMV Britain's last major music and entertainment chain went into administration today ninety two years after it opened it's first store The administration of HMV follows the announcement of Britain's largest camera retailer Jessops being closed last Thursday with immediate effect after no buyers came forward. Britain's retail landscape remains bleak with many major retailers continuing to slash prices well into the new year. UPI/Hugo Philpott

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