1. Hilco Buys HMV, Saves 141 Stores and 2,500 Jobs

    April 05, 2013 5:00 AM EDT HMV has been handed a lifeline. Retail restructuring specialist Hilco has swooped in with a rescue package for the British chain -- reportedly worth some £50 million ($76 million). The arrangement all-but secures the future for the once-great mu ...