I have a lot of affection for HMV - a company with a tremendous history, that won the High Street battle (beating the likes of Woolworths, Our Price, Virgin, etc) but still went down the pan. I guess they were subject to so many competitive pressures - online retailers, cut price supermarket offerings, digital downloads - that it could be seen as inevitable. However, it could also be argued that it's the directors responsibility to monitor and respond effectively to such trends... So, was the demise of HMV the inevitable result of a changing retail landscape or were the directors at fault? Interested to know what you think... M.