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Ernst & Young have already axed more than 820 jobs and closed 55 stores throughout the country.
The company said that the closure of 13 stores could save around 360 jobs, however.
A total of 19 stores have been purchased by HMV Group, while it is thought a further eight will be bought by Head Entertainment.
The Office of Fair Trading is considering HMV's earlier purchase of Zaavi stores, it has emerged.
In other retail news, JJB Sports and Stlyo Plc will axe nearly 3,000 jobs as a result of store closures.
Andrew Wade, an analyst at Numis Securities, told Bloomberg: "It's tragic news, but it's not something that's really that uncommon across the space at the moment."
